Sri Lanka signs MoC with Japan & India to develop Colombo South Port
May 28, 2019 (LBO) – Memorandum of Cooperation (MoC) among the three governments of Sri Lanka, Japan and India on the development of the East Container …
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Sri Lanka to retain 51-pct stake in new Terminal Operations Company of East Container Terminal: SLPA
May 27, 2019 (LBO) – Sri Lanka Ports Authority (SLPA) says the proposed Terminal Operations Company (TOC) that conducts all East Container Terminal …
Sri Lanka vehicle registrations down in Apr 2019
May 27, 2019 (LBO) - Sri Lanka's vehicle registrations were down in almost every category in April due to the New Year and Easter holidays and subsequent …
Colombo Port container volumes up by 9.1-pct in April 2019
May 26, 2019 (LBO) – Colombo Port's container volumes indicate a 9.1 percent increase in the month of April compared to the same period last year. online …
Govt plans to construct two flyovers at Kohuwala and Gatambe
May 23, 2019 (LBO) - The Cabinet of ministers has approved plans to construct two more flyovers at Gatambe in Kandy and another in Kohuwala, Colombo. …
News item titled “Pakistan’s trade with Sri Lanka comes to a halt” is fake: SL High Commission
May 23, 2019 (LBO) – Sri Lanka’s High Commission in Islamabad, Pakistan said the news item titled “Pakistan’s trade with Sri Lanka Comes to a halt” …
Japan and India to develop Sri Lanka’s Colombo port, countering China
May 21, 2019 (LBO) – Sri Lanka has agreed to jointly develop a container terminal at the Port of Colombo with Japan and India, countering China’s expanding …
CICT invests USD 1.5 mn to open Sri Lanka’s only Dangerous Goods Storage Facility
May 14, 2019 (LBO) – Sri Lanka’s first, and South Asia’s most advanced, Dangerous Goods Storage Facility (DGSF) was commissioned on Friday, 10th May at …
Sri Lanka’s private sector opposes SLPA tariff hike at this juncture
May 04, 2019 (LBO) – Sri Lanka's private sector firms have strongly opposed the unilateral decision by the Sri Lanka Ports Authority (SLPA) to increase port …
Sri Lanka vehicle registrations rebound in March 2019
Apr. 29, 2019 (LBO) - Vehicle registrations rebounded on most categories in March recording a total of 35,150 units up from 29,837 units the previous month …
Kottawa-Makumbura multimodal transport center opens 31st March
Mar 29, 2019 (LBO) - The Kottawa-Makumbura multimodal transport center, the first of its kind in Sri Lanka providing seamless access for passengers …
Concessional loan of USD 989Mn from China’s EXIM Bank for Central Expressway
Mar 22, 2019 (LBO) - The Export- Import Bank of China (EXIM Bank) has agreed to provide a concessional loan amounting to US 989 million dollars covering 85 …
EU-Sri Lanka investor dialogue discusses liberalization of shipping sector
Mar 18, 2019 (LBO) - The 8th EU-Sri Lanka investor dialogue was held at the Ministry of Development Strategies and International Trade and many outstanding …
Sri Lanka vehicle registrations slowed in Feb. 2019 on slowing demand
Mar 18, 2019 (LBO) - Sri Lanka recorded total car registrations at 2,347 units in the month of February 2019 significantly down from 3,147 units the previous …
JICA signs LKR 48Bn concessionary loan to establish Malabe-Fort LRT
Mar 11, 2019 (LBO) - A concessionary loan agreement for JPY 30,040 million (approx. 48 billion rupees) was signed between the Government of Sri Lanka …
Sri Lanka revises excise duty, implements luxury tax on motor vehicles
Mar 05, 2019 (LBO) - Sri Lanka’s Finance Minister Mangala Samaraweera told Parliament Tuesday that a revision of excise duty and implementation of a luxury …
SriLankan cancels Thursday’s flights to Karachi and Lahore
Feb 27, 2019 (LBO) – SriLankan Airlines has canceled flights to the Pakistani cities of Karachi and Lahore scheduled for Thursday, following the temporary …
Sri Lanka’s vehicle registrations rebounds in Jan 2019
Feb 26, 2019 (LBO) - Sri Lanka's vehicle registrations in the month of January 2019 on most categories have rebounded after witnessing a steep decline in …
Japan’s Odakyu Group partners TAD Group for Rs.4.5Bn investment in Sri Lanka
Feb 21, 2019 (LBO) - Japan's Odakyu Group, a firm with interests in transport, real estate and retail together with the TAD Group is expecting to investment …
MV Beijing Bridge makes maiden call at Colombo Port
Feb 18, 2019 (LBO) - MV Beijing Bridge under its AGI Service made the maiden call at the Port of Colombo’s Sri Lanka Ports Authority (SLPA) controlled …