Shipping and Transport

Luxury Repair

Mar 19, 2012 (LBO) - Colombo Dockyard said it was eyeing yacht repair as a new market after winning work from a French specialist yacht management company, …

Cycle Sales

Mar 18, 2012 (LBO) - Singer (Sri Lanka) Plc, a listed consumer durables distributor which 22 billion rupees in revenues in 2011 said it has seen strong sales …

Mentality Mend

Mar 15, 2012 (LBO) - Sri Lankan shipbuilder Colombo Dockyard has urged authorities to get rid of a war-time mentality and loosen regulations to allow business …

Yard Fortunes

Mar 13, 2012 (LBO) - Sri Lanka's Colombo Dockyard anticipates lower ship building and repair orders given the shipping industry downturn but is investing in …

Rail Finance

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Lower Gear

Mar 08, 2012 (LBO) - Sri Lanka's automobile sales are expected to dip in 2012 with pent up demand being met and rapidly rising interest rates, Tilak de Zoysa, …

Buying Access

Feb 29, 2012 (LBO) - Sri Lanka's Access Engineering bought 60 percent of vehicle importer Sathosa Motors from Japan's Itochu Corp. online pharmacy buy diflucan …

Fast Way

Feb 23, 2012 (LBO) - Dialog Axiata has provided an on-line system for Sri Lanka’s first expressway enabling real time ticket transactions at all entry …

Shipping Woes

Feb 20, 2012 (LBO) - Sri Lanka's Mercantile Shipping Company said it made a net loss of 12 million rupees in the December 2011 quarter compared with a profit …

Taking Logistics

Feb 17, 2012 (LBO) - Sri Lanka's plans to become a logistics hub stand to gain from the shift in Asian manufacturing from China to countries like Vietnam that …

Auto Outcome

Feb 14, 2012 (LBO) - December 2011 quarter net profit at Sri Lankan auto importer and distributor Diesel and Motor Engineering Company (Dimo) fell 27 percent …

Bus Tariff

Feb 13, 2012 (LBO) - Sri Lanka's bus fares will be raised by 20 percent and striking buses will return to the streets from Tuesday, Gemunu Wijeratne, head of …

Liner Concentration

Feb 09, 2012 (LBO) - Shipping lines are coming together and concentrating their power to survive a downturn in trade that is causing losses but a recent …

Sea Transfers

Feb 07, 2012 (LBO) - Global ship agency and offshore marine service provider GAC has set up a supply base in Galle to support ship-to-ship (STS) services, a …

Express Fitness

Feb 02, 2012 (LBO) - A large number of vehicles breaking down on Sri Lanka's first expressway may require motorists to get roadworthiness certificates to use …

Trade Links

Feb 02, 2012 (LBO) - Sri Lanka's southern expressway linking the capital Colombo with the south is to be extended to link the eastern port town of Trincomalee, …

Scanned Access

Jan 31, 2012 (LBO) - Sri Lanka Ports Authority plans to install bar code readers at Colombo port to speed up the movement of vehicles moving containers, a …

Terminal Tales

Jan 27, 2012 (LBO) - The Sri Lanka Ports Authority wants to raise its stake in a new container terminal being built in Colombo and can use funds expected from …

Sailor Boys

Jan 26, 2012 (LBO) - Sri Lanka will sign an agreement with Italy authorities allowing Sri Lankan certified seafarers to work on Italian flagged vessels, …

Parting Gift

Jan 26, 2012 (LBO) - Sri Lanka's Aitken Spence group said it booked a gain of 630 million rupees by selling a 30 percent stake in a container terminal project …