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 …
Shipping and Transport
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 …
US Coast Guard trains Sri Lankan Port officials to improve port security
Feb 15, 2019 (LBO) – The US Coast Guard (USCG) recently conducted a training program on security capacity building at the Port of Colombo with more than …
Frontier Capital Partners to launch AI ChatBot to cater Tuk Tuk industry
Sri Lanka’s post war era emerging investment banker Frontier Capital Partners - that transferred some of the country’s prominent group companies to …
Fuel prices increased but no room to increase transport charges: Finance Ministry
Feb 11, 2019 (LBO) – Government today revised the fuel prices and accordingly the prices of one liter of Petrol Octane 92 and the Auto Diesel have been …
Commercial Bank enables online payment of Ports Authority charges
Feb 06, 2019 (LBO) – Commercial Bank of Ceylon has added the Sri Lanka Ports Authority to its online banking platform, enabling customers to pay their Ports …
Sri Lanka’s John Keells Holdings profits up 7-pct in 3Q
Jan 31, 2019 (LBO) – Profits attributable to equity holders of the diversified John Keells Holdings group rose 7 percent to 4. online pharmacy buy abilify …
Sri Lankan ports need shift from regional transshipment to global maritime hubs
Jan 31, 2019 (LBO) – Sri Lanka Ports Authority said the final draft of the National Policy for Maritime and Logistics Sectors has been presented to the Ports …
Colombo Port to get pilot boats for more efficient service
Jan 31, 2019 (LBO) - The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling …
Kavan Ratnayaka assumes duties as Chairman of Sri Lanka Ports Authority
Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority …
Hayleys Advantis partners with Trustworthy.Ae Group to manage Abu Dhabi container facility
Jan 07, 2019 (LBO) - Hayleys Advantis , the transportation and logistics arm of Hayleys PLC, announced that it has entered into a deal with Dubai-based …