Aitken Spence records Rs. 1.1bn as PBT in third quarter
Leading conglomerate Aitken Spence PLC posted its interim results to the Colombo Stock Exchange (CSE) released on Friday. The blue-chip’s financial results …
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Sri Lanka’s Colombo Port records highest daily volume of 22,422 TEUs
Feb 12, 2016 (LBO) – Sri Lanka’s Ministry of Ports and Shipping said the Colombo Port recorded its highest daily handling of 22,422 TEUs on 9 February, up …
Sri Lanka invites proposals for Colombo Port East Container terminal
Feb 11, 2016 (LBO) – The cabinet has decided to invite expressions of interest and business proposals from interested parties for Colombo Port’s East …
Sri Lanka’s port sector regulations and policies need to be updated: Arjuna
Feb 09, 2016 (LBO) – Sri Lanka needs to conduct open discussions and update its information, regulations and policies to provide solutions for ports and …
Cycling encouraged in Sri Lanka Megapolis transport plan
Feb 08, 2016 (LBO) - Sri Lanka's Megapolis plan for the Western region aims to promote bicycle usage as a mode of transportation as it is environmentally …
Hambantota port to receive its largest cruise liner
Feb 06, 2016 (LBO) - Sri Lanka Ports Authority (SLPA) said that the Hambantota Port would receive the largest cruise ship to call at the port, MS Rotterdam, …
Safety of life at sea amendment from July, says European Chamber of Commerce
Jan 28, 2016 (LBO) - The International Maritime Organization's amendment to the Safety of Life at Sea (SOLAS) agreement will come in to effect globally on July …
IRCON plans to assist Sri Lanka Railway future projects
Jan 28, 2016 (LBO) – Indian government backed IRCON International has expressed its willingness to assist Sri Lanka’s railway development in line with the …
Sri Lanka, main destination for used cars from Japan
Jan 25, 2016 (LBO) – Sri Lanka has set a record as the number one destination for used car exports from Japan in terms of value last year, JB Securities said …
Proposals to be called for Hambantota Port Industrial Zone
Jan 25, 2015 (LBO) - Sri Lanka's government plans to call for proposals to set up industries in the Hambantota Port's Industrial Zone under the Hambantota Port …
Sri Lanka motor car registrations drop to 7,177 in Dec: JB
Jan 25, 2015 (LBO) - Sri Lanka's vehicle registration momentum came down in Dec with the reinstatement of the LTV rule and higher incidence of duty on …
Sri Lanka to call open tenders to purchase locomotives, power sets
Jan 20, 2016 (LBO) – The Transport Ministry is to call open tenders to purchase locomotives for Sri Lanka Railways allowing a German company to forward their …
Transport ministry calls local bids to repair railway coaches
Jan 14, 2016 (LBO) – Sri Lanka’s Cabinet has decided to call competitive bids from local industrialists to undertake heavy repairs of railway passenger …
Uber launches new budget version in Sri Lanka
Jan 14, 2016 (LBO) – Uber, a global ride sharing company in over 340 cities in 60 countries, launched its more economical version, UberGO in Colombo, …
Colombo port container handling up 5.7-pct in 2015
Jan 14, 2016 (LBO) – Sri Lanka Ports Authority says container operations in the Colombo port has increased by 5. online pharmacy buy diflucan with best …
Maersk Line to invest in Colombo Port expansion
Jan 13, 2016 (LBO) – Danish multinationals including Maersk Line and Novo Nordisk are seeking to invest in Sri Lanka, Danish Ambassador for Sri Lanka Peter …
Colombo port city proposal to be downsized: Minister
Jan 12, 2016 (LBO) – Sri Lanka will continue with the Colombo port city project after downsizing the previous agreement entered with China, the International …
Sri Lanka Ports Authority raises Rs40mn from vehicle auction
Jan 01, 2016 (LBO) – Sri Lanka Ports Authority has raised 40 million rupees from auctioning their unused vehicles, the authority said. buy clomiphene online …
Sri Lanka has had wrong policy in transport: Eran
Dec 31, 2015 (LBO) - Sri Lanka has had wrong policy in encouraging private transport and congesting the roads, making it inefficient and polluting the …
Sri Lanka expects EU fishing ban to be revoked by mid 2016
Dec 22, 2015 (LBO) – Sri Lanka is looking at a favorable response about the lifting of EU fishing ban from the European Parliament by mid next year, the …