Sri Lanka exporters await confirmation of RAMIS
Dec 09, 2016 (LBO) – Sri Lanka’s Exporters Association, which represents a majority of the island’s exporters, has urgently called upon the Finance …
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Sri Lanka to ink JV with Chinese firm to develop southern port
Dec 07, 2016 (Reuters) – Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where …
Sri Lanka bus operators strike against fines; commuters stranded
Dec 02, 2016 (LBO) – Several private bus unions resorted to an islandwide strike from midnight last night against the budget proposal to increase traffic …
Exporters say suspension of SVAT disincentive to exports
The EASL, whilst understanding the current state of the economy, find this budget is more of a corrective nature. online pharmacy buy diflucan with best prices …
Sri Lanka to finalize Hambantota port deal by next month
Nov 18, 2016 (LBO) – Sri Lanka expects to finalize the deal with regard to the loss-making Hambantota port within three weeks, Ports Minister said. Minister …
Sri Lanka govt approves phase 2 of Central Expressway, only single bidders
Nov 09, 2016 (LBO) - Sri Lanka’s cabinet has given the nod to build the second section of Central Expressway which runs from Mirigama to Kurunegala for …
UBER launches new rider app
(PRESS RELEASE) - Colombo, November 2, 2016: Uber, the ridesharing app, today announced the launch of its new rider app, rebuilt completely from the ground up …
Sri Lanka awards USD58mn railway tender to only bidder
Nov 03, 2016 (LBO) – Sri Lanka’s cabinet nod has been given to award a tender to the only bidder who submitted a bid to supply six Diesel Multiple Units …
Sri Lanka to call EOI’s for multi-modal transport hub
Nov 03, 2016 (LBO) - Sri Lanka's cabinet of ministers has approved for the Megapolis and Western Development Ministry to call for expressions of interest to …
USD1 bln expected from Hambantota port sale: CB Governor
Nov 02, 2016 (LBO) - Sri Lanka could expect a one billion dollar inflow to the economy in about five months time through the sale of a stake in the Hambantota …
Sri Lanka to sell 80 percent of southern Hambantota port to Chinese firm
Oct 28, 2016 (Reuters) – Sri Lanka will sell to a Chinese company 80 percent of a $1.5-billion port in its south, where China has also been offered an …
World’s oldest working full-rigged ship arrives in Sri Lanka
Oct 26, 2016 (LBO) - The world’s oldest working full-rigged ship with 27 sails, SS Sørlandet from Norway, has arrived in Colombo. The ship is on a two-year …
Sri Lanka introduces electronic card to charge electric vehicles
Oct 24, 2016 (LBO) – Sri Lanka’s Power Ministry has introduced a new rate structure and an easy-to-use electronic card when charging electric vehicles. As …
Sri Lanka to conduct feasibility studies for 5 LRTs excluded by JICA
Oct 19, 2016 (LBO) – Sri Lanka’s cabinet has approved conducting of detailed feasibility studies for five remaining light railway transits (LRTs) with an …
Expo paves way for faster subcontinent cross border logistics
Oct 10, 2016 (LBO) - Expo Freight says it has achieved a significant milestone in cross border trade in the Indian subcontinent after a shipment for Marks …
Coal carrier Ceylon Princess arrives in Sri Lanka
Oct 06, 2016 (LBO) - Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of coal …
Infrastructure: Sri Lanka’s ministries should be aligned to be more effective
Sep 30, 2016 (LBO) – Sri Lanka's budget allocations for national road development are high, but it needs to be attuned to needs, and ministries should be …
Sri Lanka attracts major container ship MSC Maya to Colombo
Sep 27, 2016 (LBO) – Sri Lanka’s Colombo International Container Terminal (CICT) attracted one of the largest container ships in the world ‘MSC Maya’ …
SriLankan Airlines adds Lahore as 100th destination
Sep 27, 2016 (LBO) - SriLankan Airlines said they would commence services between Lahore in Pakistan and Colombo from 27th September 2016, to enhance its focus …
ADB to give Sri Lanka USD24.2Mn for transport feasibility studies
Sep 23, 2016 (LBO) - The Asian Development Bank (ADB) will help Sri Lanka prepare studies and designs for new road, railway, and port projects to assure the …