News
US Embassy to host Indo-Pacific Business Forum
The U.S. Embassy in Colombo is set to host a satellite event of the Indo-Pacific Business Forum (IPBF) under the theme “Driving Sustainable Development in the Ports Sector” on May 21.
The event will take place concurrently with the Sixth Indo-Pacific Business Forum in Manila, Philippines, co-hosted by the U.S. Trade Development Agency and the Government of the Philippines, in partnership with the U.S. Department of State.
Businesses and stakeholders from across the Indo-Pacific region are invited to participate in this significant event. For those unable to attend in person, online registration is available through the main website: IPBF | Indo-Pacific Business Forum (indopacificbusinessforum.com) #IndoPacificBizForum.
Sri Lanka Ports Authority, together with the Ministry of Ports, Shipping and Aviation, seeks to transform the nation’s ports into efficient and sustainable facilities through a greening initiative.
The initiative aims to enhance energy efficiency by reducing waste and emissions, while promoting environmentally responsible shipping and transportation practices and developing renewable energy capabilities, including solar and wind energy production at the ports.
The private sector is poised to play a pivotal role in this transformation by providing services and equipment in support of port operations and the greening initiative.
In line with these sustainability goals, the global shipping sector is embracing carbon emissions reduction strategies, including the adoption of advanced technologies such as green methanol-fueled cargo ships and electric tugboats. Furthermore, electric gantry cranes, terminal tractors and other container-moving equipment are set to replace high-emission diesel versions to reduce port operators’ carbon footprint.
Latest News
President appoints committee to submit recommendations to the Government on the new US tariff system
President Anura Kumara Disanayake appointed a committee to conduct an in-depth study on potential issues that may arise due to the new reciprocal tariff system introduced by US President Donald Trump and to submit recommendations to the government.
Accordingly, the committee includes the Secretary to the Ministry of Finance, the Governor of the Central Bank, the Chairman of the Board of Investment of Sri Lanka, the Chairman of the Sri Lanka Export Development Board and the Director General of Economic Affairs at the Ministry of Foreign Affairs.
Additionally, Senior Economic Advisor to the President Duminda Hulugamuwa, Chief Economic Policy Advisor to the Ceylon Chamber of Commerce Shiran Fernando, as well as Ashroff Omar, Sherad Amalean and Saif Jafferjee have also been appointed to the committee.
Eksath Janaraja Peramuna (EJP) yesterday complained to the Election Commission (EC) regarding President Anura Kumara Dissanayake’s recent threat that the government would release funds only to local government bodies to be won by a clean party at the May 06 LG polls.
The EJP, led by former Minister Patali Champika Ranawaka, complained that President Dissanayake has claimed during a public rally at Weligama that the NPP was the only clean party.
The EJP is contesting 37 LG bodies at the forthcoming election.
The new party said that the rights of the other contesting political parties and groups had been violated by the President.
The EJP asked the EC to ensure a level playing field
Having handed over their complaint, EJP spokesman Theekshana Gammanpila told the media outside the EC office that Anura Kumara Dissanayake had won last year’s presidential election and then the parliamentary election as the then government ensured a free and fair election. But now President Dissanayake was making a despicable attempt to influence the electorate in the run-up to the vital mini polls. Gammanpila alleged that the President’s intervention could have a far reaching impact on the electorate.
The EJP spokesman emphasised the responsibility on the part of the EC to intervene and take tangible measures to prevent President Dissanayake from manipulating the electorate to their advantage. (SF)
Former North Central Province Chief Minister S. M. Ranjith and his private secretary Shanthi, who is his brother, former Minister S.M. Chandrasena’s wife, were yesterday (02) sentenced to 16 years rigorous imprisonment after being found guilty of corruption charges. They were also ordered to pay a fine of Rs. 200,000 each.
The judgment was delivered by Colombo High Court Judge Aditya Patabendi.
They were convicted on charges filed by the Commission to Investigate Allegations of Bribery or Corruption.
S.M. Ranjith was found guilty of enabling Shanti to secure an additional fuel allowance between Sept 2012 and Dec 2014 to the tune of Rs 2.68 mn.
President appoints committee to submit recommendations to the Government on the new US tariff system
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