Private sector involvement in developing ports became a
critical necessity in the 1980s due to a host of reasons. The bottleneck effect caused due to congestion in ports, had a considerable strain on the efficiency of distribution chains, which is an important factor that needed attention.
In this backdrop, government investments into port development were seen as a “White Elephant Syndrome”.
Amplified by recurring port congestion, consequent chronic service failures, were mainly attributed to the deterioration of service quality during this period.
Inadequate port services are phenomenal in this context, owing to the inability of governments to invest in port infrastructure capable of catering to the needs of international shipping. Hence many port complexes became virtual “white elephants”.
by Dulara Vithana, Bhanushi Perera and Kaushalya Kariyawasam
The term, ‘online’, pertains to the Internet. The ‘consumer’ is a person who buys things or enlists services. Therefore, the ‘online consumer’ can be defined as a person who engages in activities and achieves his goals through the use of internet and social media networks. With increasing globalization, humans are becoming busier and more dependent on the Internet. As a result, the number of people who used computers and the internet has increased exponentially, especially after the outbreak of COVID-19, which upended the world and caused almost all countries to be locked down partially or completely. Educational activities from primary to university students, various work-related day-to-day activities, bank transactions, etc., have come to be conducted online, causing an unprecedented increase in the number of online consumers.
President Gotabaya Rajapaksa and Premier Mahinda Rajapaksa in conversation in Parliament on Feb 11, 2021. It was President Gotabaya Rajapaksa’s fourth visit to Parliament since the inauguration of the new session (pic courtesy PMD) By Shamindra Ferdinando National Freedom Front (NFF) leader, Wimal Weerawansa, MP, recently caused quite a political storm by calling for the […]
Challenge to fill Merkel’s boots
Three key hopefuls must redefine prosperity, reform the EU
Close to two decades of Angela Merkel’s chancellorship created many economic wins for the German electorate and positioned her internationally as an influential Western leader who rendered a new sheen to brand ‘Made in Germany’ and pushed Europe to the forefront in the face of Brexit and Trumpian US. The end of her era of political chivalry and economic stability has Germans clamouring to find the right chancellor who would redefine prosperity, reform the EU and subsequently address social welfare.
Leading contestants are from the current coalition government comprising 59-year-old Armin Laschet of Christian Democratic Union (CDU), who is Merkel’s successor in party leadership, and 62-year-old Olaf Scholz of the Social Democrats (SPD), who is Federal finance minister and Merkel’s valued colleague.
Primul test al Opoziţiei în Parlament: moţiunea simplă împotriva lui Vlad Voiculescu romaniatv.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from romaniatv.net Daily Mail and Mail on Sunday newspapers.