Nishel Fernando
Business Reporter at Freelance
Business Reporter at Daily Mirror (Sri Lanka)
Human Rights
Articles
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2 weeks ago |
htsyndication.com | Nishel Fernando
Sri Lanka, June 11 -- The Sri Lanka Ports Authority (SLPA) yesterday moved to reassure the shipping industry an end to operational shutdowns at the East Container Terminal (ECT) previously required for construction. The assurance follows the successful completion of the critical installation and commissioning phase for 12 new Ship-to-Shore (STS) cranes and 40 Automated Rail-Mounted Gantry (ARMG) cranes.
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3 weeks ago |
htsyndication.com | Nishel Fernando
Sri Lanka, June 6 -- Six parties have submitted bids for the much-awaited Port Community System (PCS), an initiative considered as a crucial step towards digitising port operations and a stepping stone towards the National Single Window (NSW), Mirror Business learnt. This project was initially put to tender by the Ministry of Ports, Shipping and Aviation under the previous government but reportedly faced delays before reaching the current stage.
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3 weeks ago |
htsyndication.com | Nishel Fernando
Sri Lanka, June 5 -- The upcoming repeal of the Simplified Value Added Tax (SVAT) regime is projected to significantly bolster Sri Lanka's Value Added Tax (VAT) revenue, with an estimated additional Rs.191 billion expected to flow into state coffers annually.
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3 weeks ago |
htsyndication.com | Nishel Fernando
Sri Lanka, June 5 -- The Port of Colombo's transshipment volumes recorded a 5.8 percent year-on-year (YoY) decline in April 2025, reaching 495,456 twenty-foot equivalent units (TEUs), marking the fourth consecutive month of slowdown in this crucial segment.
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1 month ago |
indianpolitics.co.in | Nishel Fernando
By Nishel FernandoSri Lanka’s Central Bank’s (CB) unexpected decision to cut its policy rate by 25 basis points to 7.75 percent risks pushing the nation’s economy towards overheating, according to a recent analysis by Bloomberg Economics. The report, authored by economist Ankur Shukla, suggests the move was “undue” and could lead to a surge in imports, thereby straining foreign exchange (FX) reserves and devaluing the rupee.
Journalists covering the same region
Uditha Jayasinghe
Sri Lanka and Maldives Correspondent at Reuters
Uditha Jayasinghe primarily covers news in Colombo, Western Province, Sri Lanka and surrounding areas including Kandy.
Sheain Fernandopulle
Journalist at Daily Mirror (Sri Lanka)
Sheain Fernandopulle primarily covers news in the Western Province, Sri Lanka, including Colombo and surrounding areas.
Krishan Francis
Reporter at Associated Press
Krishan Francis primarily covers news in Colombo, Western Province, Sri Lanka and surrounding areas.
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