Sri Lanka Port Authority records Rs11bn in profits for 2016
Mar 10, 2017 (LBO) - The Sri Lanka Ports Authority made profits of 11 billion rupees in 2016 while recording a revenue of 44 billion rupees, the Ports Ministry …
Mar 10, 2017 (LBO) - The Sri Lanka Ports Authority made profits of 11 billion rupees in 2016 while recording a revenue of 44 billion rupees, the Ports Ministry …
Mar 03, 2017 (LBO) – Sri Lanka office of the Japan International Cooperation Agency (JICA) has commenced the preparatory study for the first elevated Light …
Mar 03, 2017 (LBO) – Sri Lanka’s public transport needs to be developed and marketed as an attractive technologically savvy mode and an alternative to …
Feb 23, 2017 (LBO) – Sri Lanka’s cabinet has approved establishing a special infrastructure company to seek funding for critical infrastructure projects, …
Feb 20, 2017 (LBO) - MV Hoegh Tracer, the world’s largest pure car and truck Carrier (PCTC), belonging to Hoegh Autoliners AS, Oslo, is scheduled to call at …
Mahindra & Mahindra Ltd., a part of the USD 17.8 billion Mahindra Group based in India, today announced that it is set to expand its business footprint in …
Feb 02, 2017 (LBO) – South Korea's shipping giant Hanjin Shipping is expected to be declared bankrupt this month, foreign media reports said. The Seoul …
Feb 01, 2017 (LBO) – Sri Lanka’s Cabinet has decided to obtain part of the funds for the construction of phase II of Central Expressway Project from two …
Jan 27, 2016 (LBO) - Sri Lanka's Sail Lanka Charter hosted Prime Minister Ranil Wickremasinghe and his wife on-board their 53ft sailing catamaran, Sapphire, …
Jan 18, 2017 (LBO) - Central Bank of Sri Lanka has advised commercial banks and leasing companies to follow new regulations in granting loans for vehicle …
Jan 18, 2017 (LBO) – Sri Lanka’s cabinet has decided to regularize small commercial vessels that have been in service as well as new vessels including …
Jan 16, 2016 (LBO) - Sri Lanka recently deposited the instrument of ratification with the International Labour Office (ILO) of the Maritime Labour Convention, …
Jan 09, 2017 (LBO) – A Sri Lankan investor will be the first businessman investing in the proposed Hambantota economic zone, Prime Minister Ranil …
Jan 06, 2017 (LBO) – Sri Lanka’s Laugfs Maritime Services has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for 2.875 million US …
Jan 05, 2017 (LBO) – Sri Lanka’s government is planning to use Hambantota port proceeds to pay off higher interest loans which have already been taken, …
Jan 02, 2017 (LBO) -Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December …
Dec 27, 2016 (LBO) – Sri Lanka’s Marxist JVP today insisted the President should reveal the Hambantota port agreement to the country before signing the …
Dec 23, 2016 (LBO) - Several steps have been taken to improve public transportation with the building of new roads, upgrading railway, deploying priority bus …
Dec 21, 2016 (LBO) – Sri Lanka is seeking a loan of Renminbi Yuan 577 million from China to finance the consultancy services for design review and …
Dec 14, 2016 (LBO) - Uber, the on-demand technology company has completed a year of operations in Colombo and are looking to hire more people to join their …