Supreme Court to further consider petitions challenging Colombo Port City Economic Commission Bill tomorrow
The Supreme Court today postponed further consideration of the petitions filed challenging the ‘controversial’ Colombo Port City Economic Commission Bill until 10 am tomorrow (20th). The Bill aims to provide…
New Zealand ban live exports of animals by sea citing reputational risks from poor animal welfare practice
Citing reputational risk from poor animal welfare practice, New Zealand is banning live exports of animals by sea. New Zealand’s Agriculture Minister Damien O’Connor on Wednesday announced the controversial practice…
Sri Lanka finalizes air bubble pact with India to resume air travel
India has finalized a bilateral air bubble arrangement with Sri Lanka for the operation of special international passenger flights between the two countries, the Civil Aviation Ministry said on Saturday.…
Sri Lanka Among 30 Nations Joining A Global Initiative to Tackle Marine Litter
A major international project that will help reduce marine plastic litter from maritime transport and fishing sectors is up for a successful start, after getting 30 countries including Sri Lanka on board.…
IATA Recocomends Rapid Antigen Tests for Air-travel
The International Air Transport Association (IATA) today urged governments to accept best-in-class rapid antigen tests in fulfillment of COVID -19 testing requirements based on the latest research findings of OXERA…
Sri Lankan Airlines Signs engineering maintenance agreement with FITS Aviation
Sri Lankan Engineering, the Engineering arm of Sri Lankan Airlines signed a total 360 engineering maintenance agreement with FITS Aviation, encompassing base maintenance, line maintenance, and other engineering services, for FITS Aviation’s Airbus A320 fleet…
The Ceylon Chamber of Commerce signs MOU with McLarens Maritime Academy
The Ceylon Chamber of Commerce (CCC) and the McLarens Maritime Academy recently entered in to a Memoranda of Understanding where CCC appointed surveyors will have an opportunity to undertake training…
Central Bank Announces Six Month concessionary Period for Lease Payment Obtained By Passenger Transport Sector
The Central Bank (CB) instructed licensed commercial banks and licensed specialized banks to grant a concession for lease facilities obtained by COVID-19 affected businesses and individuals in passenger transportation services…
India Denies Approving Sri Lanka’s WCT Deal with Adani group
India on Friday denied Sri Lanka’s announcement that New Delhi had cleared the proposal of an Adani group company to develop the West Container Terminal (WCT) at Colombo port, according to…
Finance companies are permitted to lend up to 80% of the value in used motor vehicle purchases
The Central Bank (CB) decided to increase the loan to value ratio (LTV) of licensed finance companies up to 80 percent on auto loans in purchasing used passenger vehicles in…