WCO Chief Stresses Leadership Learning Integration Integrity

WCO Chief Stresses Leadership Learning Integration Integrity

Secretary General of the World Customs Organization, Kunio Mikuriya, addressed graduates at the Postgraduate Institute of Management in Sri Lanka, emphasizing the importance of continuous learning for managers. He highlighted the need to integrate knowledge and apply expertise within a broader global context. Mikuriya stressed that integrity is crucial for achieving outstanding leadership, which is essential for guiding organizational and societal progress. He urged graduates to embrace lifelong learning and ethical practices to excel in their careers and contribute meaningfully to the world.

Lineage Logistics Acquires Emergent Cold to Expand Global Footprint

Lineage Logistics Acquires Emergent Cold to Expand Global Footprint

Lineage's acquisition of Emergent Cold signifies a major expansion of its global cold chain network, particularly in the Asia-Pacific region. This strategic move enhances Lineage's port presence and facilitates entry into new markets like Australia, New Zealand, and Sri Lanka. The acquisition enables Lineage to offer a more comprehensive suite of cold chain logistics services, strengthening its position as a leading player in the industry and improving its ability to serve customers across a wider geographical area. The focus is on optimizing the supply chain for temperature-sensitive goods.

01/20/2026 Logistics
Read More
Developing Nations Push for Flexible Trade Rules in WTO Talks

Developing Nations Push for Flexible Trade Rules in WTO Talks

China, India, Pakistan, and Sri Lanka jointly called for attention to the special circumstances of developing countries in trade facilitation negotiations. They emphasized commitment flexibility, technical assistance, and the applicability of dispute resolution mechanisms. Recommendations included modular commitments, establishing a technical assistance coordination mechanism, and introducing pre-dispute resolution procedures. The aim is to build a more flexible and pragmatic implementation framework, fostering shared global trade prosperity. This approach seeks to ensure that trade facilitation measures are implemented in a way that is supportive of developing countries' needs and capacities.

Sri Lankan Rupee Volatility Against US Dollar Continues

Sri Lankan Rupee Volatility Against US Dollar Continues

The exchange rate between the Sri Lankan Rupee (LKR) and the US Dollar (USD) continues to fluctuate in the international market, currently at 1 LKR equal to 0.00332541 USD, and 1 USD equal to 300.715 LKR. These fluctuations significantly impact the national economy, consumer prices, and foreign exchange investors. Understanding these changes is crucial for economic development.

Sri Lankan Rupee Exchange Rate 500 LKR to USD

Sri Lankan Rupee Exchange Rate 500 LKR to USD

This report presents the exchange rate of 500 Sri Lankan Rupees (LKR) to US Dollars (USD), specifically noting that 500 LKR can be exchanged for approximately 1.66 USD. It analyzes the current dynamics of the currency market and its impact on the economy. Keeping an eye on exchange rate fluctuations will aid individuals and businesses in making informed financial decisions.

Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Current Exchange Rate If Available Eg 00016 If the Rate Is Variable Omit the Specific Value Alternative Option If the Article Focuses on Broader Trends sri Lanka

Sri Lankan Rupee Weakens to X Against US Dollar replace X with the Current Exchange Rate If Available Eg 00016 If the Rate Is Variable Omit the Specific Value Alternative Option If the Article Focuses on Broader Trends sri Lanka

The current exchange rate for 50 Sri Lankan Rupees (LKR) to US dollars (USD) is 0.1666 USD, equating to approximately 0.0033 USD per LKR. This rate is based on market middle quotes and may be affected by fees during actual conversion. Users should pay attention to exchange rate trends before engaging in cross-border transactions.