Some parties with vested interests giving manipulated interpretations to our work: SLPA
Oct 29, 2020 (LBO) – Sri Lanka Ports Authority (SLPA) affirms that strict health measures have been introduced for the smooth operation of the Port of …
Shipping and Transport
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Capacity expansion project at Colombo International Container Terminal
Oct 27, 2020 (LBO) – Sri Lanka’s cabinet has approved a proposal to expand the capacity at the Colombo International Container Terminal (CICT) with an …
Former Minister Ranawaka writes to Japanese PM on canceled rail project
Oct 19, 2020 (LBO) - In a letter former Megapolis Minister Patali Champika Ranawaka has extended his regret and apologies to the Japanese Government and people …
Sri Lanka’s vehicle registrations expected to down to a 17-year low in 2020
Oct 17, 2020 (LBO) – With the restriction on vehicle imports, First Capital Research (FCR) expects that Sri Lanka's vehicle registrations may down to a …
DIMO and NTB partner to offer exclusive leasing solutions
DIMO, the only Authorized General Distributor for Mercedes-Benz and Jeep in Sri Lanka, has continued to highlight its strong commitment towards providing …
Sri Lanka to establish an Expressway Investment Company
Oct 13, 2020 (LBO) – Sri Lanka's cabinet nod has been received to establish an Expressway Investment Company in such a way that the company is able to raise …
Cabinet decides to cancel LRT project proposed for Western Province
Sep 29, 2020 (LBO) – Cabinet of Ministers has decided to cancel the Light Rail Transit (LRT) System Project planned to be implemented in the Western …
Sri Lanka Export Development Board proposes export stimulus reward scheme for exporters
Sep 25, 2020 (LBO) – The commendable performance of Sri Lankan exporters and the resilience shown during an unprecedented COVID 19 pandemic is to be rewarded …
Sri Lanka vehicle registrations down in Aug 2020
Sep 17, 2020 (LBO) - Total vehicle registrations significantly came down in August to 17,493 units down from 28,572 the previous month with slow downs shown …
President authorized the construction of a docking bay in Beruwala
President Gotabaya Rajapaksa said that Sri Lanka can use its unique locational advantage to become one of the world's leading maritime hubs. President …
CEAT ups ‘2-wheeler’ tyre production
Sep 07, 2020 (LBO) - Maximising capacity utilisation at its manufacturing plants at Kelaniya and Kalutara, the Company pushed production of tyres for …
Permit holders can purchase new vehicles locally with concessions: Finance Ministry
Aug 28, 2020 (LBO) – Sri Lanka's Finance Ministry says that they have issued a circular allowing the vehicle permit holders to purchase unregistered vehicles …
Motor Traffic Dept & Citra Lab to provide more user-focused, digital service for Sri Lanka
The global COVID-19 pandemic has highlighted the vital need for an agile public sector that can effectively respond to rapidly evolving challenges. As an …
Sri Lanka vehicle registrations likely to slow in August due to stockouts: Report
Aug 20, 2020 (LBO) - Vehicle registrations in July were only slightly down from June but remain at healthy levels indicative of existing inventory driving …
Uber’s 24×7 safety helpline live in Sri Lanka
Aug 18, 2020 (LBO) - Uber has relaunched its on-trip 24x7 Safety Helpline in Sri Lanka to ensure the safety of riders and to provide them greater peace of …
Sri Lanka’s exports surpass USD 1bn mark in July with V shape recovery
Aug 14, 2020 (LBO) – Sri Lanka’s exports have surpassed the USD 1 billion mark in July after six months time period where a similar achievement was only …
EFL 3PL extends support for businesses via flexible logistics model to manage cash flows
Jul 29, 2020 (LBO) – EFL 3PL, the 3PL arm of the logistics conglomerate Expolanka Holdings has taken the initiative to support businesses to move away from …
President orders speedy construction of central expressway
Jul 28, 2020 (LBO) - President Gotabaya Rajapaksa has directed the Minister-in-Charge to accelerate the construction works of the Central Expressway project. …
Russian crew sign-on & sign-off at Hambantota International Port
Jul 20, 2020 (LBO) – The first bulk crew changes after the lockdown was carried out at the Hambantota International Port (HIP) recently, keeping to best …
Crude oil tanker ‘Marine Hope’ largest vessel ever to call at Hambantota International Port
Jul 17, 2020 (LBO) – Crude oil tanker ‘Marine Hope’ sailing under the Marshall Islands flag called at the Hambantota International Port (HIP) for repairs …