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Colombo Port Named World’s Top-Performing Port in Q1 2024

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By: Staff Writer

September 05, Colombo (LNW): The Port of Colombo has achieved significant recognition, being named the best-performing port globally for the first quarter of 2024 by Alphaliner, a renowned information platform in the liner shipping industry.

 This accolade is attributed to Colombo’s remarkable 23.6% growth rate, surpassing all other ports worldwide. The Port of Long Beach in Los Angeles and the Port of Tanjung Pelepas followed, with growth rates of 23.3% and 22.7%, respectively.

The first half of 2024 marked an outstanding period for the Port of Colombo. Compared to the same period in 2023, the port saw a 19.2% increase in domestic volumes, a 9.6% rise in transshipment volumes, and a 12.5% surge in total volumes.

The Sri Lanka Ports Authority (SLPA) terminals played a crucial role in this success. From January to June 2024, these terminals recorded a 23.6% increase in domestic volumes, a 15.5% rise in transshipment volumes, and a 17.7% overall growth.

Strategically located as a key maritime hub in South Asia, the Port of Colombo features several main container terminals, including the Jaya Container Terminal (JCT), Colombo East Container Terminal (CECT), South Asia Gateway Terminal (SAGT), and Colombo International Container Terminal (CICT).

 The JCT and CECT, managed by the SLPA, are equipped with advanced technology, ensuring efficient cargo handling. The privately operated SAGT and CICT further enhance the port’s capacity and operational efficiency, attracting major global shipping lines.

SLPA Chairman Keith D. Bernard recently emphasized the port’s commitment to further improving productivity and efficiency through advanced port technology and automation.

Speaking at a seminar organized by the Institute of Chartered Shipbrokers (UK) Sri Lanka Branch, Bernard addressed the challenges of port congestion, space restrictions, and equipment shortages.

Despite these hurdles, he highlighted the Port of Colombo’s resilience and adaptability, which have cemented its role as a crucial hub in global trade.

Bernard outlined several technological initiatives designed to enhance the port’s operations. These include implementing smart terminals, Advanced Terminal Operating Systems (TOS), a Port Community System (PCS), a Vessel Traffic Management System (VTMS), and a Megaport Radiation Detection System.

Additionally, the port plans to introduce the latest ERP systems and green port initiatives to streamline operations and support sustainability.

Colombo’s recognition as the best-performing port globally reflects its operational success and growth trajectory. Bernard also noted the port’s readiness to handle distress vessels, supported by recent technological advancements.

 He emphasized Colombo’s strategic infrastructure improvements, effective crisis management, and adaptive responses to global trends, all of which contribute to the port’s critical role in maintaining efficient and secure global supply chains.

Through these efforts, the Port of Colombo aims to remain a vital node in the global maritime network, ensuring resilience and sustainability amid evolving trade dynamics.

SLPP rebels form new political alliance to back RW in Presidential Election

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September 05, Colombo (LNW): A new political alliance, the ‘Podujana Eksath Nidahas Peramuna,’ has been officially formed by members of the Sri Lanka Podujana Peramuna (SLPP) who have pledged their support for President Ranil Wickremesinghe in the 2024 Presidential Election.

The alliance is led by Prime Minister Dinesh Gunawardena, with Minister Ramesh Pathirane serving as the party’s Secretary.

The unveiling of this new political entity took place at a formal event in Colombo, where several MPs from the SLPP joined forces under a common platform.

The event also witnessed the signing of a collective agreement, symbolising their unified commitment to backing Wickremesinghe’s candidacy in the upcoming election.

This newly established alliance marks a significant shift in the political landscape, as it aligns key SLPP figures behind Wickremesinghe, who continues to navigate a complex political and economic environment.

By bringing together various factions under one banner, the ‘Podujana Eksath Nidahas Peramuna’ aims to create a broader base of support for the President, consolidating his position ahead of the crucial election.

EC urges employers to grant leave for voting in 2024 Presidential Polls

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September 05, Colombo (LNW): The Election Commission has appealed to all employers, both in the public and private sectors, to ensure their employees are given time off to cast their vote in the upcoming 2024 Presidential election.

Public sector employees, as per the Establishments Code, are entitled to special paid leave.

Although there is no specific legal requirement for private sector employers, the Commission emphasised the importance of granting leave to ensure everyone has the opportunity to vote.

Leave allowances vary based on the distance between an employee’s workplace and their designated polling station.

For those residing less than 40 kilometres away, half a day’s leave is recommended.

If the distance is between 40 and 100 kilometres, a full day’s leave should be granted.

For employees travelling between 100 and 150 kilometres, they are entitled to one and a half days, while two days’ leave should be provided for distances exceeding 150 kilometres.

To access the leave, employees must submit a written request to their employer.

Employers, in turn, must ensure adequate leave is provided and that a notice detailing who has been granted leave and for how long is clearly displayed at the workplace.

This measure aims to promote maximum voter participation, ensuring that logistical barriers do not prevent citizens from exercising their democratic right.

CBK to remain neutral in 2024 Presidential Election

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September 05, Colombo (LNW): Former President Chandrika Kumaratunga has declared her decision to stay neutral in the upcoming 2024 Presidential election, despite several candidates reportedly seeking her support.

Addressing recent media speculation, Kumaratunga clarified that while she had been linked to endorsing various contenders, she will not back any candidate in this election.

Her statement urged voters to carefully evaluate their choices, emphasising the importance of considering candidates’ proposed policies and the methods they intend to implement.

Kumaratunga highlighted that voters should prioritise a candidate’s commitment to abolishing the Executive Presidency and focus on key policy areas such as education, healthcare, agriculture—particularly in supporting small farmers—small and medium enterprises, as well as industries like plantations, international trade, and tourism.

In addition to these sectors, she stressed the necessity of diversified industries and exports to strengthen the economy.

She further called on voters to demand assurances of honest governance and transparency from candidates, noting that corruption must be eradicated.

Kumaratunga emphasised the importance of appointing individuals of high integrity and qualification to prominent government positions, ensuring proper execution of promised policies.

Dollar value against LKR at banks today (Sep 05)

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September 05, Colombo (LNW): The Sri Lankan Rupee remains steady against the US Dollar today (05) in comparison to yesterday, as per leading commercial banks in the country.

At Peoples Bank, the buying and selling prices of the US Dollar are Rs. 293.56 and Rs. 304.09, respectively.

At Commercial Bank, the buying and selling prices of the US Dollar remain unchanged at Rs. 293.20 and Rs. 303, respectively.

At Sampath Bank, the buying and selling prices of the US Dollar remain unchanged at Rs. 294.50 and Rs. 303.50, respectively.

Sri Lanka and France collaborate to establish regional centre for maritime studies

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September 05, Colombo (LNW): Sri Lanka and France have formalised a bilateral agreement to create a Regional Centre for Maritime Studies in Sri Lanka, according to the nation’s Foreign Ministry.

This partnership marks a significant step in strengthening maritime cooperation in the Indian Ocean region.

The agreement was signed by General (Retd) Kamal Gunaratne, Secretary to the Ministry of Defence, and Marie-Noëlle Duris, Chargé d’Affaires a.i. of the French Embassy in Colombo, during a ceremony at the Ministry of Defence on Wednesday.

The new Regional Centre for Maritime Studies is set to become a Centre of Excellence, focusing on academic and training collaborations.

Its primary objectives include enhancing maritime safety and security, conserving the marine environment, and addressing marine pollution in the Indian Ocean.

Additionally, the Centre will play a key role in advancing research and practical solutions for maritime challenges, fostering cooperation between regional and global stakeholders.

The establishment of this Centre underlines the growing importance of the Indian Ocean as a strategic hub for maritime activities and environmental preservation.

Through this collaboration, Sri Lanka aims to further position itself as a leader in maritime studies, while France strengthens its engagement in the region.

The partnership also signals a broader commitment to sustainable marine practices and enhanced maritime governance, addressing critical concerns such as pollution and climate change.

This agreement represents a significant stride in regional diplomacy and underscores the shared priorities of Sri Lanka and France in maintaining maritime stability and environmental stewardship in the Indian Ocean.

Sri Lankan Singer Windy Goonatillake honoured at Edison Awards in India

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September 05, Colombo (LNW): Sri Lankan singer Windy Goonatillake has earned international recognition for her viral hit ‘Ayyo Sami’, receiving the award for Best Sensational Song of the Year – 2023 at the prestigious 16th Edison Awards, held recently in Chennai, India.

The event, which celebrates artistic excellence across South India’s vibrant entertainment industry, saw Goonatillake sharing the stage with her collaborators, Sanuka Wickramasinghe and lyricist Pottuvil Asmin.

‘Ayyo Sami’ has captivated audiences with its unique fusion of Sinhala and Tamil lyrics, reflecting a harmonious blend of Sri Lankan and Indian cultural influences.

The song, penned by Asmin—renowned in the Tamil music scene—has gained widespread popularity in both Sri Lanka and India, transcending language barriers and winning the hearts of listeners across borders.

Windy, accompanied by Sanuka and Asmin, was greeted with enthusiastic applause from the Indian audience as they accepted their award.

The recognition highlights the growing cultural exchange between Sri Lanka and India, with music playing a key role in bridging communities through shared creativity.

Being the daughter of Sri Lankan musical giants Rookantha Goonatillake and Chandralekha Perera, Windy’s accolade marks an important milestone in her career, further cementing her position as an influential figure in the South Asian music industry.

The success of ‘Ayyo Sami’ has not only expanded her audience but has also showcased the rich musical heritage and contemporary talent emerging from Sri Lanka.

Why I will vote for Ranil

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By: A concerned citizen

1993. When President Premadasa was assassinated not long after very senior party leaders had either died or had left the party, Ranil took over as Prime Minister.

1994. When the rank and file of the party urged him to welcome back Gamini Dissanayake to the party and make him the party’s presidential candidate, he agreed.

1994. After the presidential candidate was assassinated and the replacement candidate, Srima Dissanayake, suffered a heavy defeat, He took over the leadership of the party following President D B Wijetunga’s retirement from politics.

1994-1999. He held the party together under the most adverse of circumstances.

1999. He was defeated narrowly by President Chandrika Kumaratunga in an election fraught with violence and malpractices. Many analysts argue that he was the real winner.

2001. He led the UNP to victory at the General Election.

2001-2004. He inherited an economy that was recording negative growth and turned it around and strategically agreed to a ceasefire with the LTTE to give the economy some breathing space, even though the executive president at the time spared no pains to scuttle his every move.

2004. The UNP government were brought to an abrupt halt when the president, using executive powers dissolved parliament.

2005. Again, fighting a presidential election under the most adverse of circumstances He was narrowly defeated, this time clearly because hundreds of thousands of voters in the North and East were prevented from going to the polling booths by the LTTE, on account of a scandalous pact between his opponent’s party and the LTTE.

2010. The rank and file of the party insisted that Sarath Fonseka contest the presidential election on the UNP ticket. He stepped aside and supported his candidature.

2015. The rank and file of the party insisted that Maithripala Sirisena contest the presidential election on the UNP ticket. He stepped aside and supported his candidature.

2015-2019,. Again, having inherited an economy in shambles, he took decisive steps to turn things around in his capacity as the Prime Minister.

2019. The rank and file of the party insisted that Sajith Premadasa be nominated as the UNP’s presidential candidate. He stepped aside and supported his candidature. Despite that he broke away from the UNP and split the UNP.

2020. Unfavorable political conditions and long years out of power, understandably resulted in disappointments which led to many senior party members defecting from the party. He did not stand in their way. Neither did he criticise them.

2022. Unprecedented hardships brought about by gross mismanagement and corruption created an economic crisis unlike any the country has known since Independence. The nation was left without a leader. Those who thundered from political stages and promised heaven on earth overnight fell silent. No one was brave enough to take over and put things right. Ranil did!

2024. We are still not out of the woods yet, but we are going in the right direction. It is Sri Lanka’s moment. He has done his best, but the best he can do will be considerably enhanced if all our people stood with him. Together he can recreate the land of prosperity that is so within our grasp that has been eluding us for years. Ranil is the man for the crisis.

Election Commission criticises pre-election salary hike as political strategy

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September 05, Colombo (LNW): The Sri Lankan Election Commission has voiced concerns over the government’s recent decision to raise public sector salaries, describing it as a calculated attempt to influence the forthcoming presidential election.

Commissioner General of Elections, Saman Sri Ratnayake, questioned the timing of the move, arguing that the salary increase should not have been introduced so close to the election.

Speaking to media, Ratnayake highlighted that the government’s decision raises questions about its motivation, given that it delayed the announcement until just before the election.

“It is inappropriate to implement such a measure now, considering the electoral process is already in motion,” he noted, implying that the salary hike could be viewed as a means of promoting a particular candidate.

Election monitors have echoed similar sentiments, with organisations like PAFFREL (People’s Action for Free and Fair Elections) expressing dissatisfaction over the timing of the decision.

In a letter addressed to the Election Commission Chairman, PAFFREL accused the government of manipulating the situation to gain electoral advantage. The group pointed out that the government had ignored previous demands from public sector employees for a Rs. 10,000 pay increase, a request that had been overlooked in the past months.

PAFFREL’s letter stressed that while they are not opposed to raising public sector wages, their main concern is the timing of the announcement.

“The announcement comes just one day before postal voting begins,” the group highlighted, indicating that this could undermine the fairness of the election process.

The Election Commission and monitoring groups continue to monitor the situation closely, urging the government to refrain from actions that could be seen as politically motivated during this critical election period.

President shifts focus to economic reforms over executive presidency debate

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September 05, Colombo (LNW): Amid ongoing discussions about the potential abolition of Sri Lanka’s executive presidency, President Ranil Wickremesinghe has signalled that the matter will be deferred to the next Parliament.

His priority, he stressed, lies in reviving the country’s struggling economy, which he views as more urgent than immediate governance reforms.

Speaking at a public “Ask Me Anything” session held at a prominent Colombo hotel, Wickremesinghe noted that the debate over abolishing the executive presidency has been ongoing for decades, but during that time, the economy had been overlooked.

In his address, Wickremesinghe remarked, “The executive presidency has been debated for 20-30 years, but the real focus should have been on the economy. For me, the economy comes first, governance second.”

The President expressed satisfaction in observing that the current presidential election has been centred on economic issues rather than divisive factors such as race, religion, or caste.

“For once, we are seeing an election that unites us over the shared challenge of economic hardship. Everyone’s pockets have been affected equally,” he said.

Wickremesinghe also outlined the government’s efforts to address social disparities, citing new measures aimed at improving protections for women and children.

“We have introduced women’s and children’s desks at every police station to address issues like domestic violence, but there is still much more to be done,” he added.

Whilst economic recovery takes precedence, Wickremesinghe acknowledged that several key reforms, including the Economic Transition Bill and the Public Finance Management Bill, remain unfinished, despite their repeated inclusion in prior government and IMF programmes.

Addressing the ongoing negotiations with International Sovereign Bond (ISB) holders, the President dispelled rumours of an impending ultimatum, clarifying that discussions would only continue after the presidential election scheduled for 21 September.

“There is no mid-September deadline. Talks with bondholders will resume once the election is concluded,” he stated, without revealing further details.

On the topic of passport issuance delays, Wickremesinghe admitted that the current crisis is the government’s responsibility. He affirmed that the move towards implementing e-passports was a key part of the strategy to modernise the system and reduce the ongoing backlog, offering a glimpse of the future of Sri Lanka’s public services amidst its broader economic reforms.