Sri Lanka - 3 Sri Lanka Services and Supply
Almost all the services are provided by the government in Sri Lanka. Thus, the burden on the public is quite less. Transportation, Health, Education, Electricity, and water services are fully or partially provided by the government. Sri Lanka has a very distributed road network thus the transport service supply is in a good level. Rail transport is provided completely by the government while the bus transportation is provided by the government and the private sector. Three wheelers and taxi services also provided by private companies. Currently the government can provide electricity and water countrywide. However, Sri Lanka mostly depends on hydro power for electricity generation therefore during non-rainy season supply of electricity gets disturbed. In 2019 there was a power failure due to less rain fall because of the climate change. During emergencies and maintenance time there can be power and water provision failures, other than that service supply is consistent.
As Colombo is the commercial capital of Sri Lanka, improvements and progresses in all sectors of services and supply is consistent in the city and the suburbs.
Disclaimer: Registration does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.1 Fuel
Fuel Overview
Sri Lanka relies heavily on imported crude oil and refined petroleum products to meet its energy needs. The state-owned Ceylon Petroleum Corporation (CEYPETCO, or CPC) is the dominant company in Sri Lanka's fuel sector, which controls the importation, refining, and distribution of petroleum products. In the private sector, Lanka IOC also imports and distributes petroleum products in the country. The companies operate a network of fuel stations across the country and supply fuel to a range of industries, including transportation, agriculture, and manufacturing. Additionally, in 2023 three foreign firms have been granted authorization to enter Sri Lanka's fuel retail market. These firms include China's Sinopec, Australia's United Petroleum, and RM Parks of the USA, in partnership with multinational oil and gas company Shell plc.
Oil refinery
The Sapugaskanda Refinery is an oil refinery located in Sapugaskanda, a suburb of Colombo. It is the only oil refinery in Sri Lanka and is operated by CEYPETCO.
Currently, the Sapugaskanda Refinery meets approximately 25% of the domestic fuel demand, while the remaining 75% needs to be imported as refined fuel. This heavy reliance on imports places a significant burden on the country's foreign exchange reserves. One of the Ministry of Power and Energy’s major objectives is the production of the local demand for petroleum products in the country by 2026, and for this, feasibility study for this was completed by CEYPETCO in 2021 and the following reports were submitted through the feasibility study, construct a new refinery with a capacity of 100,000 barrels per day on a Build, Operate and Transfer basis, to modernize the existing refinery to increase its capacity to 45,000 barrels per day. After the construction of the new refinery, capability will be available for the local demand for fuels to be fully refined within the country and supplied. It has been estimated that around 08 USD could be saved per barrel by importing crude oil and refining in lieu of importing refined products. Further, opportunity would be available to supply to the local market fuels of high quality by raising the standards of the new refinery to Euro VI or a higher standard. (Annual Performance Report (Energy Section), 2021)
The addition of an oil refinery or distribution hub at Hambantota has been under discussion since at least 2017. In January 2023, Sri Lanka cabinet gave the permission for the Ministry of Power and Energy to call expressions of interest (EOI) to set up an export-oriented oil refinery in Hambantota, and the EOI received seven responses in March.
The 2022 fuel crisis
From early 2022, Sri Lanka experienced a range of difficulties, including power cuts, inflation, and fuel shortages, which triggered widespread protests and disrupted daily life. These challenges stemmed from the country’s insufficient foreign currency reserves, which hindered the CEYPETCO from importing additional fuel. Consequently, essential services were severely affected, and the prices of petrol and diesel skyrocketed. At the height of the fuel crisis, the government had to ban the sale of fuel for non-essential vehicles and imposed severe restrictions on sales. To conserve supplies, schools were closed, and people were urged to work from home.
In light of the economic crisis and fuel scarcity, the Government of Sri Lanka implemented a fuel rationing system known as the “National Fuel Pass”, in an attempt to ensure fair and orderly distribution of fuel by providing a weekly quota to vehicle owners. To obtain fuel, vehicles must register at https://fuelpass.gov.lk/ with the owner’s national identity card (NIC) or passport number and vehicle chassis number, and upon verification of the vehicle identification number and other details, a QR code linked to the owner's National Identity Card (NIC) will be allocated for each vehicle.
Fuel Pricing
The pricing of petroleum products in Sri Lanka is regulated by the government. Sri Lanka purchases petroleum products at Singapore Platts prices. The government sets the maximum retail prices of petroleum products based on the world market prices of crude oil and refined petroleum products. While dominating the Sri Lankan fuel retail market by controlling the importation, refining, and distribution of petroleum products, the state-owned CEYPETCO is responsible for implementing these policies and is exposed to the commodity price risk of petroleum products (both crude and finished products) and other raw materials imported from overseas countries in USD and other currencies. Cost reflective price mechanisms are not in place in deciding domestic retail sales prices of petroleum products in line with international oil price movements. Transport differentials are factored into the outstation spot prices.
The CEYPETCO records Sri Lanka's fuel prices, and the price history is available through the following link: https://ceypetco.gov.lk/historical-prices/
Fuel Prices per Litre as of: 30 April 2023 (local currency and USD - $) |
|
---|---|
Lanka Petrol 92 Octane |
333.00 |
Lanka Petrol 95 Octane Euro 4 |
365.00 |
Lanka Auto Diesel |
310.00 |
Lanka Super Diesel 4 Star Euro 4 |
330.00 |
Lanka Kerosene |
295.00 |
Lanka Industrial Kerosene |
330.00 |
Lanka Furnace Oil 800 |
320.00 |
Lanka Furnace Oil 1500 (High) |
320.00 |
Lanka Furnace Oil 1500 (Low) |
320.00 |
Seasonal Variations
Seasonal Variations |
|
---|---|
Are there national priorities in the availability of fuel? (i.e. are there restrictions or priorities for the provision of fuel such as to the military?) |
No |
Is there a rationing system? |
Yes. In July 2022, amidst the peak of the economic crisis and fuel shortage, a fuel rationing scheme known as the “National Fuel Pass” was introduced by the Ministry of Power and Energy in response to the situation. |
Is fuel to lower income / vulnerable groups subsidized? |
No |
Can the local industry expand fuel supply to meet humanitarian needs? |
Yes |
Is it possible for a humanitarian organization to directly contract a reputable supplier / distributor to provide its fuel needs? |
Yes |
Fuel Transportation
Petroleum products are imported into Sri Lanka through Colombo Port. CEYPETCO has a storage facility in Kolonnawa, near Colombo, where imported crude oil and refined products are stored. From there, the CEYPETCO distributes the products to its own retail outlets as well as to independent retailers and private oil companies.
The transportation of fuel from the storage facility to different parts of the country is mainly done through tankers. These tankers are either owned by the CEYPETCO or by private companies. There are also pipelines that transport refined products from the Kolonnawa storage facility to the Kelanitissa Power Station, which is a major consumer of fuel in Sri Lanka.
Standards, Quality and Testing
Testing Laboratories
There are National testing laboratories for testing the quality of the fuel.
Industry Control Measures |
|
---|---|
Do tanks have adequate protection against water mixing with the fuel? |
Yes |
Are there filters in the system which monitor where fuel is loaded into aircraft? |
At present fuel information capturing and monitoring is a semi-automated process. The system used to record and monitor fuel is incapable of capturing certain planning and actual fuel data due its design limitations. Also, the current system is incapable of carrying out effective analysis on fuel usage and effective communication to all levels. Implementation of fuel saving initiatives also has become a difficult task due to above limitations in the current system. Incidentally, the fuel monitoring department is finding it difficult to optimize the fuel usage any further. System generated MIS report requirement is a main concern of the management and require dynamic and instant reports which gives an insight to the fuel usage at all levels. |
Is there adequate epoxy coating of tanks on trucks? |
Tank inside painted with two coats of Hi-Solid Epoxy coatings |
Is there a presence of suitable firefighting equipment? |
Yes |
Standards Authority |
|
---|---|
Is there a national or regional standards authority? |
Yes |
If yes, please identify the appropriate national and/or regional authority. |
Central Environmental Authority |
If yes, are the standards adequate/properly enforced? |
Yes |
Testing Laboratories |
|
---|---|
Are there national testing laboratories? |
Yes |
Fuel Quality Testing Laboratory |
|
---|---|
Company |
Lanka IOC PLC |
Name |
Lanka IOC PLC terminal |
Address |
Lanka IOC PLC terminal at China Bay, Trincomalee |
Telephone and Fax |
026-2 233 286 / 759 278 023 |
Contact |
Udara Pushpakumara - Chemist |
Standards Used |
Density; Kinematic Viscosity; Total Base Number; Total Acid Number; Strong Acid Number; Sulphur; Calcium; Phosphorous; Magnesium; Zinc; Barium; Sulphated Ash; Ash; Carbon Residue; Existent Gum; Flash Point – PMCC; Flash Point – COC; Pour Point; Foaming Characteristics; ASTM Color; Rust Test; Emulsion Characteristics; Total Sediments; Water; Distillation; Doctor Test; Water; Cetane index; Calorific Value |
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.2 Transporters
Overview
For container transporters in Sri Lanka , the Association of Container Transporters was founded 29 years ago. The main function is to maintain the standards in transporting containers. Around 75 transporters are members of this association. However foreign license is permitted only for light vehicles in Sri Lanka therefore foreign operators are not allowed.
Office#102 / 16, Station Road, Kelaniya, Sri Lanka.
President - 0777 378 774
Secretary General - 0777 638 620
General Secretary - 0777 393 027
E-mail : info@actsrilanka.com
For more information on transport company contact details, please see the following link: 4.8 Transporter Contact List.
ISURU Enterprises Transport Capacity Summary |
|||
---|---|---|---|
Regions Covered |
Country wide |
||
|
Number of Vehicles |
Capacity per Vehicle (MT) |
Comments / Condition of Vehicles |
20’ Containers |
45 |
20 |
Good |
40’ Containers |
6 |
40 |
Good |
Canter trucks |
5 |
5 |
Good |
Total Capacity |
56 |
1,165 |
|
V.V.Karunaratne & company Transport Capacity Summary |
|||
---|---|---|---|
Regions Covered |
Country wide |
||
|
Number of Vehicles |
Capacity per Vehicle (MT) |
Comments / Condition of Vehicles |
Prime movers |
33 |
|
Good |
40’ Trailers |
34 |
50 |
Good |
20’ Trailers |
13 |
40 |
Good |
10 wheel lorries |
40 |
30 |
Good |
1 |
20 |
||
Fully covered lorries |
10 |
12.5 |
Good |
11 |
12 |
||
2 |
10 |
||
Total Capacity |
144 |
|
|
RRR & Company Transport Capacity Summary |
|||
---|---|---|---|
Regions Covered |
Country wide |
||
|
Number of Vehicles |
Capacity per Vehicle (MT) |
Comments / Condition of Vehicles |
n/a |
8 |
10 |
Good |
n/a |
14 |
11-25 |
Good |
n/a |
12 |
25 |
Good |
Total Capacity |
|
|
|
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.3 Manual Labour
Overview
In Sri Lanka, the Labour Department enforces, maintains and builds awareness of labour laws among the working community. Annually, the Department of Census and Statistics produce a report titled ‘Sri Lanka Labour Force Survey’ which outlines the structure and characteristics of the labour force, employment and unemployment. The report consists of information from provincial and district-level data, covering all the districts of Sri Lanka. As of 2022, 15 percent of the employed population was employed by the public sector, compared to 43 percent in the private sector (the largest proportion).
There are five types of workers in Sri Lanka: permanent workers, probationers, apprentices, temporary workers, and contract workers. Three laws dictate the working hours and holidays: the Wages Board Ordinance of 1941, the Shop and Office Employees Act of 1954, and the Factories Ordinance of 1950. Female participation in the labour force is increasing yearly, but most of the female workforce is engaged in garment factories or handicraft fields. According to the Factories Ordinance, women should not be forced to work at night against their will. If a woman works at night, she shall be paid not less than 1 and a half times her normal salary. The minimum age of recruitment in Sri Lanka is 18 years and the usual retirement age is 55 years. In Sri Lanka, forced labour and child labour are prohibited.
In the private sector, the contracts are time-bound. The probation periods are usually 6 months but can extend up to 9 if necessary. All contract workers work according to a specified job description for a fixed pay that does not involve overtime payments or additional ad hoc allowances. Temporary workers are hired based on a particular task required to be done. On the contrary, in the public sector, employees get a permanent job till the retirement age of 55 years. However, both the private sector and the public sector use cost incentives for more efficiency in work. Incentives are like salary increments, insurance, and job security.
Employees have the right to form and engage in any union activity. Trade unions representing a category of employees can bargain against their needs from the employer. The unions stand their ground with the rights of the employees they are representing.
The National Minimum Wage of Workers Act No.03 of 2016 mandated that all private sector industries or services in Sri Lanka pay their workers a minimum wage, either on a monthly or daily basis and made it a legal requirement. With the passing of the National Minimum Wage of Workers (Amendment) Act No.16 of 2021, which took effect on the 16th of August 2021, the national minimum monthly wage payable to a worker has been readjusted to LKR 12,500 (UDS 39.073), while the national minimum daily wage payable increased to LKR 500.
Labour Rate(s) Overview
|
Sri Lanka Labour Force Survey - 2022 (Local Currency & USD) |
---|---|
Monthly Average Minimum Wage (Rs.) |
LKR 40,000 USD 132 Approximately |
statistics.gov.lk/LabourForce/StaticalInformation/AnnualReports/2022
Sri Lanka - 3.4 Telecommunications
Overview
In Sri Lanka, telecommunication network coverage is provided by both government and private companies. In 1996, the Telecommunications Regulatory Commission of Sri Lanka was established to regulate the functioning of this field and maintain the competitiveness. In Sri Lanka, there are 5 fixed broadband service providers, namely Sri Lanka Telecom, Mobitel, Dialog, Lankabell, and Airtel. Additionally, there are 4 mobile broadband service providers, namely Dialog, Mobitel, Hutch, and Airtel.
In general, the telecommunication network coverage is good in Sri Lanka and SIM cards are readily available. Upon completing baggage claim at the airport, there are booths where you can conveniently obtain prepaid SIM cards. However, those booths only offer tourist packages which come at higher costs and low data offers. Therefore, it is recommended to purchase a SIM card directly from an authorized mobile provider store, where the presentation of a passport might be required.
Internet services are provided countrywide from 5 Internet Service Providers (ISPs). The main companies which provide mobile broadband facilities are Sri Lanka Telecom, Mobitel, Dialog, Lankabell and Airtel.
For more information on telecoms contacts, please see the following link: 4.11 Additional Services Contact List
Telephone Services |
|
---|---|
Is there an existing landline telephone network? |
Yes |
Does it allow international calls? |
Yes |
Number and Length of Downtime Periods (on average) |
30 minutes |
Mobile Phone Providers |
Dialog Mobitel Airtel Hutch |
Approximate Percentage of National Coverage |
Countrywide |
Telecommunications Regulations
Regulations on Usage and Import
Regulations in Place? |
Regulating Authority |
|
---|---|---|
Satellite |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
HF Radio |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
UHF/VHF/HF Radio: Handheld, Base and Mobile |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
UHF/VHF Repeaters |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
GPS |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
VSAT |
Yes |
Requires approval from Ministry of Defence and Telecommunication Regulatory Commission of Sri Lanka |
Individual Network Operator Licenses Required |
||
Yes |
||
Frequency Licenses Required |
||
Yes |
Existing Humanitarian Telecoms Systems
Existing UN Telecommunication Systems
UNDP |
WFP |
UNICEF |
OCHA |
WHO |
FAO |
UNHRC |
|
---|---|---|---|---|---|---|---|
VHF Frequencies |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
HF Frequencies |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Yes |
Locations of Repeaters |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
VSAT |
No |
No |
No |
No |
No |
No |
No |
Internet Service Providers (ISPs)
Internet Service Providers |
||
---|---|---|
Are there ISPs available? |
Yes |
|
If yes, are they privately or government owned? |
Both |
|
Dial-up only? |
Yes |
|
Approximate Rates (local currency and USD - $) |
Dial-up |
USD 2 / 10 hours |
Broadband |
Approx. USD 500 for 15 MBPS monthly |
|
Max Leasable ‘Dedicated’ Bandwidth |
Up to 100 MBPS upload and download speeds on leased lines |
Mobile Network Operators (MNOs)
For information on MNOs please visit the GSM Association website.
Company |
Number of Agent Outlets by Area |
Network Strength by Area |
Contracted for Humanitarian or Government Cash Transfer Programmes? |
Services Offered (i.e. Merchant Payment, Bulk Disbursement, Receive & Make Payment) |
---|---|---|---|---|
Dialog |
Countrywide |
Rural – medium Urban – high |
Yes |
Merchant Payment, Money Transfer, Receive & Make Payment |
Mobitel |
Countrywide |
Rural – medium Urban – high |
Yes |
Merchant Payment, Money Transfer, Receive & Make Payment |
Hutch |
Countrywide |
Rural – low Urban – medium |
Yes |
Has a system called eZ cash where transactions can be made to settle mobile bills and reloads. |
Airtel |
Countrywide |
Rural – low Urban – medium |
Yes |
Has a system called eZ cash where transactions can be made to settle mobile bills and reloads. |
Sri Lanka - 3.5 Food and Additional Suppliers
Additional information can be located from sources which are regularly maintained and reflect current facts and figures. For more specific and detailed overviews of food availability and market conditions, please consult the following sources:
WFP Vulnerability and Analysis Mapping (VAM): https://www.wfp.org/publications/sri-lanka-mvam-monitoring
For more information on food supplier contact details, please see the following link: 4.10 Supplier Contact List
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.5.1 Food Suppliers
Main Food Suppliers
We have registered suppliers for supply of Rice, and Maize who can supply locally and through imports. They are reputed wholesale dealers / millers and are well established.
Additional information can be located from sources which are regularly maintained and reflect current facts and figures. For more specific and detailed overviews of food availability and market conditions, please consult the following sources:
WFP Vulnerability and Analysis Mapping (VAM): https://www.wfp.org/publications/sri-lanka-mvam-monitoring
For more information on food supplier contact details, please see the following link: 4.10 Supplier Contact List
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.5.2 Additional Suppliers
Overview
Sri Lanka is an emerging economy, and it has shown remarkable growth in construction, real estate, agriculture, IT, energy, and industrial sectors in recent years. There are multiple manufacturers, importers and wholesalers’ available country wide dealing in machineries, IT equipment, furniture and other construction and industrial materials to cater the market demand.
For more information on suppliers’ contact details, please see the following link: 4.10 Supplier Contact List
Wholesale – St. Anthony’s Hardware (Pvt) Ltd.
Since its inception in 1942, St. Anthony’s has grown into numerous industries across every sector from construction to hospitality, from water to power, from manufacturing to retail and dominate today’s marketplace.
Supplier Overview |
|
---|---|
Company Name |
St. Anthonys Hardware (Pvt) Ltd |
Address |
524, Sri Sangaraja Mawatha, Colombo 10. |
Does the supplier have its own production / manufacturing capacity? |
Yes, the supplier is directly engaged in the production or manufacture of commodities. |
Does the supplier have its own retail capacity? |
Yes, the supplier provides commodities directly to the consumer or end user, or directly manages retail locations. |
Does the supplier have its own transport capacity? |
Yes |
Does the supplier have its own storage facilities? |
Yes |
Approximate turnover in USD - $
|
N/A |
Payment Methods Accepted |
Cash / Card |
Other Comments or Key Information |
St. Anthony's is one of the oldest diversified conglomerates in Sri Lanka. Founded in 1942, the group is the largest manufacturer of cement, dry mortar products, PVC, roofing, engineered polymer fittings, power tools and even kitchen sinks! With a continuously expanding portfolio, St. Anthony's network of over 7000 retail partners and service centres distribute sanitaryware, kitchen appliances, tools, machinery, and other hardware products. St. Anthony's is also a technology leader in renewable energy, water purification, construction chemicals, and building-related machinery. From its humble beginnings, St. Anthony's has evolved into a behemoth that strives to advance the quality of life for every household in the nation. |
Primary Goods / Commodities Available
Commodities by Type** (SITC Rev 4 Division Code - Title) |
Comments |
|
---|---|---|
24/27 - Crude materials, inedible, except fuel |
fuel wood, crude fertilizers, sand/stone/gravel N/A |
Imported and also Manufactured locally |
51 to 59 - Chemical and related products |
chlorine, pharmaceuticals, soaps, plastic tubes/pipes, chemical fertilizers |
goods are imported or produced / manufactured locally |
61 to 69 - Manufactured goods classified chiefly by material |
rubber tyres, wood pallets, textiles, cement, iron/steel pipe fittings, copper wire, metal tanks |
goods are imported or produced / manufactured locally |
71 to 79 - Machinery and transport equipment |
engine/machine parts, generators, sewing machines, pumps, telecoms equipment, vehicles |
goods are imported or produced / manufactured locally |
81 to 89 - Miscellaneous manufactured articles |
prefabricated buildings, lighting fixtures, furniture, clothing, medical / surgical instruments |
goods are imported or produced / manufactured locally |
91/93/96/97 - Commodities not classified elsewhere |
|
|
**For FOOD products please see section 3.5.1 Food Suppliers, and for FUEL/PETROLEUM products please see section 3.1 Fuel.
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.
Sri Lanka - 3.6 Additional Service Providers
Overview
For more information on company contact details, please see the following link: 4.11 Additional Services Contact List
Accommodation
The real estate sector in Sri Lanka has been experiencing steady growth in recent years due to factors such as increasing foreign investment, expanding tourism industry, and a growing middle class.
The sector encompasses a variety of properties, including residential, commercial, and industrial spaces, as well as land. One of the key drivers of the real estate sector in Sri Lanka is the government's emphasis on infrastructure development, particularly in urban areas. This has led to the construction of new highways, airports, and other transport links, making it easier for people to access and invest in properties.
In terms of residential properties, there is an abundance of properties to choose from, varying greatly in quality and price, from budget options to luxurious 5-star establishments. There has been a growing demand for luxury apartments and houses, particularly in Colombo and its surrounding areas. This demand is being driven by a growing middle class, as well as increasing numbers of expatriates and foreign investors.
It is recommended to access the following recognized sources to find safe and secure place to stay:
https://www.lankapropertyweb.com/
https://www.tripadvisor.com/SmartDeals-g293961-Sri_Lanka-Hotel-Deals.html
https://www.booking.com/country/lk.en-gb.html
Electricity and Power
Sri Lanka is self-sufficient with domestically produced energy. The country produces electricity using three main sources: thermal power, which includes coal and fuel oil, hydropower, and other alternative renewable energy sources such as solar and wind power. Although the electricity generation mix in Sri Lanka is dominated by thermal power plants, the government has been working to increase the share of renewable energy sources, particularly through the development of wind and solar power plants.
The Public Utilities Commission of Sri Lanka (PUCSL) is the regulatory body responsible for ensuring the safety, technical and economic regulations of Sri Lanka’s electricity and power industry. The PUCSL also serves as the designated regulator for the petroleum and water services industries.
Ceylon Electricity Board (CEB) is the largest electricity company in Sri Lanka and is responsible for overseeing the country's entire electricity and power sector. As a state-owned company, CEB is authorized to generate, transmit, and distribute electrical energy to all categories of consumers, and to collect revenue in accordance with the tariffs approved by PUCSL. The company has the following subsidiaries under its umbrella: Lanka Electricity Company (Pvt) Ltd (LECO), LTL Holdings (Pvt) Ltd, Lanka Coal (Pvt) Ltd, Sri Lanka Energies (Pvt) Ltd, and Trincomalee Power Company (Pvt) Ltd.
Besides CEB, there are several Individual Power Plants (IPPs) in Sri Lanka that have obtained the Generation license from PUCSL.
Electricity and Power Summary Table
Production Unit |
Type (Hydroelectric, Thermal, etc.) |
Installed Capacity (MW in 2021) |
Current Production (GWh in 2021) |
---|---|---|---|
Ceylon Electricity Board (CEB) |
Hydroelectric, Thermal and Renewable |
3,040 |
12,711 |
Individual Power Plants (IPPs) |
Hydroelectric, Thermal and Renewable |
1,146 |
4,004 |
Financial Services
The financial system in Sri Lanka comprises the major financial institutions, namely the Central Bank of Sri Lanka (CBSL), Licensed Commercial Banks (LCBs), Licensed Specialised Banks (LSBs), Licensed Finance Companies (LFCs), Specialised Leasing Companies (SLCs), Primary Dealers (PDs), Pension and Provident Funds, Insurance Companies, Rural Banks, Stock Brokers, Securities Market Intermediaries, Unit Trusts and Thrift and Credit Co-operative Societies; the major financial markets, such as the Foreign Exchange Market, Money Market, Capital Market and the informal financial market; and the financial infrastructure which is the legal framework related to the financial system and the payment and settlement.
The Central Bank of Sri Lanka is the primary regulatory body for banks in Sri Lanka. It is responsible for maintaining financial stability, ensuring the safety and soundness of the banking system, and promoting monetary stability. The Central Bank of Sri Lanka sets and enforces regulations for all banks operating within the country, including the requirement for regular audits and reporting of financial information.
There are several major banks in Sri Lanka that operate under the regulations of the Central Bank. These include Bank of Ceylon, Commercial Bank of Ceylon, Hatton National Bank, People’ Bank, Sampath Bank, and National Development Bank. These banks offer a range of financial services such as savings accounts, loans, credit cards, and investment products. Additionally, there are also several international banks that have a presence in Sri Lanka, including HSBC, Standard Chartered Bank, and Citibank. These banks offer global banking services to individuals and businesses in Sri Lanka.
Central Bank of Sri Lanka
Company Name |
Central Bank of Sri Lanka (CBSL) |
|
---|---|---|
Address |
Central Bank of Sri Lanka, P. O. Box 590, Colombo 01, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
CBCELKLS |
Provides currency exchange? |
No |
N/A |
Will initiate / receive wire transfers? |
No |
N/A |
Provides Loan / Credit services? |
No |
N/A |
Other Comments or Key Information |
N/A |
Other Locations
Region(s) |
Service Location(s) |
---|---|
Anuradhapura |
P O Box 2, Stage 1, Anuradhapura |
Matale |
805, Trincomalee Street, Mandandawala, Matale |
Matara |
P O Box 35, Anagarika Dharmapala Mw, Matara |
Trincomalee |
103, Post Office Road, Trincomalee |
Kilinochchi |
Ariviyal Nagar, Kilinochchi |
Nuwara Eliya |
84, Badulla Road, Nuwara Eliya |
Bank of Ceylon (BOC)
Company Overview |
||
---|---|---|
Company Name |
Bank of Ceylon (BOC) |
|
Address |
Bank of Ceylon, No.1, BOC Square, Bank of Ceylon Mawatha, Colombo 01, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
BCEYLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Commercial Bank of Ceylon (COMB)
Company Overview |
||
---|---|---|
Company Name |
Commercial Bank of Ceylon (COMB) |
|
Address |
Commercial House, No 21, Sir Razik Fareed Mawatha, P.O. Box 856, Colombo 01, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
CCEYLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Hatton National Bank (HNB)
Company Overview |
||
---|---|---|
Company Name |
Hatton National Bank (HNB) |
|
Address |
Head of Customer Experience, Level 19, No. 479, T. B. Jayah Mawatha, Colombo 10, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
HBLILKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
People’s Bank (PB)
Company Overview |
||
---|---|---|
Company Name |
People’s Bank (PB) |
|
Address |
No.75, Sir Chittampalam A. Gardiner Mawatha, Colombo 02, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
PSBKLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Sampath Bank
Company Overview |
||
---|---|---|
Company Name |
Sampath Bank |
|
Address |
No.110. Sir James Peiris Mawatha, Colombo 02, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
BSAMLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
National Development Bank (NDB Bank)
Company Overview |
||
---|---|---|
Company Name |
National Development Bank (NDB Bank) |
|
Address |
No. 40, Navam Mawatha, Colombo 02, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
NDBSLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
HSBC
Company Overview |
||
Company Name |
HSBC |
|
---|---|---|
Address |
No. 1, 24 Sir Baron Jayatilaka Mawatha, Colombo 01, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
HSBCLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Standard Chartered Bank
Company Overview |
||
Company Name |
Standard Chartered Bank |
|
---|---|---|
Address |
No. 37, York Street, Colombo 01, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
SCBLLKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Citibank
Company Overview |
||
---|---|---|
Company Name |
Citibank |
|
Address |
No. 65C, Dharmapala Mawatha, Colombo 07, Sri Lanka |
|
|
Available? |
Comments (max / min transfer or exchange amounts, etc.) |
Has IBAN, BIC, or SWIFT number? |
Yes |
CITILKLX |
Provides currency exchange? |
Yes |
N/A |
Will initiate / receive wire transfers? |
Yes |
N/A |
Provides Loan / Credit services? |
Yes |
N/A |
Other Comments or Key Information |
N/A |
Clearing and Forwarding Agents
Sri Lanka’s cleaning and forwarding market is regulated and overseen by the Sri Lanka Logistics & Freight Forwarders Association (SLFFA), which was established in 1981 to bring all freight forwarders and logistics providers under one umbrella and professionalize the trade. Today, the SLFFA is recognized as the apex body representing the industry by the government, relevant government agencies, and the trade. The SLFFA has over 150 leading freight forwarding and logistics companies in its membership, and two affiliated members, the Joint Apparel Association Forum (JAAF) and the Association of Clearing Forwarding Agents (ACFA).
Construction, Material Handling & Power Generation Equipment
In general, handling equipment suppliers in Sri Lanka are clustered in Colombo, the capital and a major commercial centre, as well as in other industrial and logistics hubs, including Hambantota, Galle, and Trincomalee.
Postal and Courier Services
Sri Lanka’s Postal and Courier Services are provided by Sri Lanka Post, the national postal operator in the country, which offers a range of domestic and international mailing options, including regular mail, registered mail, and express mail.
The following link provide access to further details, such as rates, weight, and tracking:
https://slpost.gov.lk/services/speed-post-courier-tracking/
Printing and Publishing
Printing and publishing companies in Sri Lanka are readily available throughout the country, with a concentration in major urban centres such as Colombo, Kandy, Galle, and Kurunegala.
Taxi Companies
Taxis play a vital role in Sri Lanka’s transportation sector, providing a range of services, including airport transfers, point-to-point transport, and private tours, to both locals and tourists. Taxis can be found in most urban areas throughout Sri Lanka, particularly in major cities such as Colombo, Kandy, and Galle. The market is competitive, with many local taxi operators and app-based ride-hailing services such as PickMe and Uber dominating the industry.
Additionally, tuk-tuks are readily available in the country and offer a convenient and affordable alternative to traditional taxis and public transportation.
Vehicle & Equipment Maintenance/Workshops
Equipment maintenance services in Sri Lanka are widely available across various sectors, ensuring reliable support for maintaining machinery and infrastructure. These services are regulated and monitored by several national associations, such as the Institute of Engineers Sri Lanka (IESL), which awards credentials enabling one to practice as a licensed engineer in the country. Additionally, provincial and local associations also play a role in overseeing maintenance services.
https://www.iesl.lk/index.php?lang=en
Vehicle Rental
The vehicle rental market in Sri Lanka offers a variety of options, from traditional car rental companies to online platforms and peer-to-peer services. Many international and local rental companies operate in the market, catering to both tourists and locals, with competitive rates and flexible rental terms.
Fumigation Service providers
Fumigation and pest controlling service providers are widely available in Colombo as it is the commercial capital of Sri Lanka. Fumigation companies are utilizing innovative pest / infestation controlling methods to support the industries to keep up their commitments.
Disclaimer: Inclusion of company information in the LCA does not imply any business relationship between the supplier and WFP / Logistics Cluster, and is used solely as a determinant of services, and capacities.
Please note: WFP / Logistics Cluster maintain complete impartiality and are not in a position to endorse, comment on any company's suitability as a reputable service provider.