Sri Lanka to improve vehicle registration system with E-Motoring
July 07, 2016 (LBO) – Sri Lanka’s cabinet has approved a proposal to improve the vehicle registration process at the Motor Traffic Department with the …
Shipping and Transport
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Motor car registrations down sharply from Sept peak: JB Securities
July 05, 2016 (LBO) - Motor car registrations in Sri Lanka recorded 3,657 units in May, slightly down from 3,664 units in April, but significantly lower than a …
Sri Lanka Ports Authority profit rises along with debt
July 04, 2016 (LBO) - Sri Lanka Ports Authority boosted profits by 43.7 percent to 4.6 billion rupees before tax, during the first four months of the year, the …
Japan provides Rs2.4bn aid for Sri Lanka’s maritime safety
July 01, 2016 (LBO) – The Japanese government has granted 1,830 million Japanese Yen (Rs2.4bn) to Sri Lanka for the implementation of a maritime safety …
CICT launches country’s first mobile app to track movement of containers
A new level of convenience and sophistication has been introduced to keeping track of containerised cargo by Colombo International Container Terminals (CICT) …
Cabinet approves construction of LRT after JICA feasibility study
June 29, 2016 (LBO) – The cabinet nod has been given to obtain JICA assistance to conduct a feasibility study and immediately commence the construction of …
Sri Lanka may approve two blocks for exploration and drilling: PRDS
June 27, 2016 (LBO) - Sri Lanka could shortly approve petroleum exploration and drilling for two blocks in the Cauvery basin, as bidders in the 2013 licensing …
In Pictures: Swim Week 2017 highlights new designs and Colombo port
Day 1 of Swim Week Colombo kicked off on Friday showcasing designs by Sri Lankan and international designers at the ECT Terminal of the Colombo Port. The …
Sri Lanka’s Finance Ministry calls proposals to amend customs ordinance
June 24, 2016 (LBO) – The Finance Ministry will amend the 150-year old Sri Lanka customs ordinance with a view to absorb modern industrial trends in the …
Sri Lanka Shippers Council commends ICC Transport Guideline
Jun 22, 2016 (LBO) - Sri Lanka Shippers Council, an affiliated body of the Ceylon Chamber of Commerce, welcomes the International Chamber of Commerce …
Interview: PickMe has 4,000 vehicles on road, expands to Kandy
Jun 20, 2016 (LBO) - ‘PickMe,’ Sri Lanka's own mobile taxi hailing solutions provider, says they have close to 4,000 vehicles on the road, with over 2,000 …
EU lifts fishing ban, unofficial talks to finalize GSP+ application: PM
June 17, 2016 (LBO) – Sri Lanka has been removed from the list of third countries (countries outside the EU) not cooperating in the fight against illegal, …
Sri Lanka seeks new agreement for Colombo Port City
June 10, 2016 (LBO) – Sri Lanka’s Prime Minister has appointed a committee to look into the possibility of formulating a new agreement for the Colombo Port …
Sri Lanka Ports Authority calls EOIs to develop East Container Terminal
June 09, 2016 (LBO) - The Sri Lanka Ports Authority has invited expressions of interest to develop the East Container Terminal of the Colombo Port on a build …
Cruise passenger volumes double in Asia; Sri Lanka eyes market
June 09, 2016 (LBO) - Asian cruise passenger volume nearly doubled to almost 1.4 million in 2014, from 775,000 in 2012, according to a report by the Cruise …
Sri Lanka’s longest Rajagiriya overhead bridge work commences
June 08, 2016 (LBO) - Construction work on Sri Lanka's Rajagiriya overhead bridge was inaugurated on Monday by Harsha de Silva, the deputy minister of foreign …
Sri Lanka drops Bus Rapid Transport proposal from Megapolis
June 02, 2016 (LBO) – The transport committee of Sri Lanka's Western Megapolis has dropped an earlier proposal to introduce a Bus Rapid Transport (BRT) …
Sri Lanka’s Aitken Spence March net down 56-pct amid lower revenues
May 31, 2016 (LBO) – Profits at Sri Lanka’s Aitken Spence group which has interests in tourism, logistics and power generation fell 56 percent to 608 …
Restricting banks from leasing wouldn’t help finance companies: Murtaza
May 26, 2016 (LBO) – Sri Lanka’s government intervention in restricting banks from leasing vehicles would be disastrous for business confidence and further …
Vehicle imports up 60-pct in 2015, 7-pct of total imports: CCC
May 25, 2016 (LBO) – Expenditure on motor vehicle imports to Sri Lanka has recorded a 60 percent growth last year compared to previous year, Ceylon Chamber …