Shipping and Transport

Race leaders

January 23, (LBO) – Associated Motorways (AMW) has cornered 31 percent of Sri Lanka's brand new car market the budget agency Maruti winning 28 percent, …

In a stroke

January 18 (LBO) - Sri Lanka is banning the import of three-wheeler taxis that use two-stroke piston engines from next year, to reduce pollution in urban …

Travel Subsidy

Jan 10, 2006 (LBO) – Sri Lanka government is planning to inject more subsidies into the loss making, heavily unionized state bus service, following …

Cheap Deals

KUALA LUMPUR, Jan 5, 2007 (AFP) - AirAsia X, a new long-haul, low-cost carrier, will take off in July with flights to Britain for as little as 9. buy …

Little Choice

January 05, 2007 (LBO) – Sri Lanka's clothing exporters are protesting against shipping lines' decision to increase fees for handling goods out of the …

Thin Frames

SYDNEY, Jan 4, 2007 (AFP) - Asian airlines will likely reap reduced profits in 2007 as increased competition offsets gains in passenger and freight traffic, a …

Piracy Charge

COLOMBO, Dec 26 (AFP) - The crew of a Jordanian cargo ship accused Tamil Tiger rebels Tuesday of piracy, saying the guerrillas had attacked their vessel after …

Cheap Run

December 22, 2006 (LBO) – Sri Lanka plans to float a state-run no frills airline, the government said Friday, to fly to the Middle East and neighbouring …

Setting Sail

Dec 18, 2006 (LBO) – Sri Lanka's President Mahinda Rajapakse Monday kicked off a million dollar project to expand the Colombo port, which will triple …

Costly Business

Dec 01 (LBO) – Sri Lanka’s export and import trade are to be slapped with higher terminal handling charges from January, shipping lines calling on …

Taiwan Connection

Nov 27, 2006 (LBO) - Sri Lanka Ports Authority has signed a terminal service agreement with Wan-Hai lines of Taiwan to increase container traffic to the …

Road Builders

Nov 20, 2006 (LBO) – Sri Lanka has concluded talks with the Asian Development Bank for an additional 90 million dollars to expand the country’s …

Flying Cheap

SINGAPORE, Nov 10, 2006 (AFP) - Costs, not competition, worry Tony Fernandes of AirAsia Bhd, who said Friday he foresees continued expansion for the …

Tech Ride

TOULOUSE, France, Nov 9, 2006 (AFP) - As rain clouds gather over European aircraft maker Airbus, the giant plane at the root of its problems is set to jet off …

Open Up

SINGAPORE, Nov 9, 2006 (AFP) - Asia should further liberalise its airline industry to unleash the region's full growth prospects or risk losing billions in …

Flying High

November 6, 2006 (LBO) – Dubai’s Emirate Airlines Monday reported a steady profit growth as the carrier flew more passengers and carried more …

Bigger Load

Nov 01 (LBO) – SriLankan Airlines said Thursday that it would launch a regional charter service carrying cargo to South Asia, even reaching destinations …

Pirates’ Play

KUALA LUMPUR, Nov 1, 2006 (AFP) - Piracy declined globally this year, but Chittagong in Bangladesh was now the world's most dangerous port, with a rise in …

Aviation Debut

Oct 31, 2006 (LBO) – Sri Lanka plans to throw open the aviation corridor along the southern and eastern coast of the island for commercial traffic from …

Still Grounded

Oct 30, 2006 (LBO) – Sri Lanka’s first budget airlines to fly international routes are struggling to get off ground, with approvals pending from …