Expensive Dreams
October 03 2006 (LBO) – Sri Lankans are still snapping up luxury cars like Audi’s despite stiff government taxes, to discourage vehicle sales and …
Shipping and Transport
Flight Plan
SINGAPORE, September 16, 2006 (LBO) – SriLankan Airlines plans to take ownership of three aircraft currently under lease and extend the lifespan on two …
Sea Rescue
Bangladeshi crew rescued from sinking ship COLOMBO, Sept 7, 2006 (AFP) - Sri Lanka's navy rescued 34 Bangladeshi nationals Thursday who were aboard a crippled …
Half Empty
TOKYO, Aug 31, 2006 (AFP) - The global airline industry is expected to almost halve its losses in 2006 thanks to buoyant economic growth and deep cost cuts, …
Fine Tuning
Aug 31, 2006 (LBO) – SriLankan Airlines is in talks with regional carriers from India, Pakistan and the Middle East to carry out third party maintenance …
Air Pocket
GENEVA, Aug 30, 2006 (AFP) - The world's top airline association on Wednesday predicted a dip in air travel due to the British terror alert this month, but …
India Shines
August 21, 2006 (LBO) – Sri Lanka's Dutch Lanka Trailers has stepped up investments plans in India following a 2 million dollar equity injection through …
Mini Race
August 15 (LBO) - Sri Lanka’s fuel efficient small car market is racing ahead, helped by high oil prices and prohibitive taxes on larger cars. online …
Clear Run
August 17 (LBO) - Sri Lanka has got two bids with German and Malaysian funding to build 16 flyovers and interchanges in Colombo over two years, officials said. …
Climbing Up
August 16 (LBO) – SriLankan Airlines said Wednesday that it would raise fares by end August for the third time this year, to cope with soaring fuel …
Hidden Costs
August15 (LBO) - Sri Lankan shippers are up in arms against new levies allegedly charged by shipping lines and other vessel operators, under the guise of …
Off Track
Aug 13 - (LBO) A scrap iron sale at Sri Lanka’s troubled state-run railway has come under fire from unions after the successful tenderer allegedly …
Done Deal
August 10 (LBO) – John Keells Holdings said Thursday that it bought up about a million shares or just over an eleven percent stake in Associated …
Friendship Bridge
August 7, 2006 (LBO) – The United States government Monday kicked off a project to build a 10.6 million dollar high-tech bridge at Arugam Bay, to replace …
Recovery Time
August 04, 2006 (LBO) – Feeder vessels operating in Colombo said they would remove a cost recovery surcharge imposed on ships calling on the island, from …
Going Nowhere
August 02 (LBO) – Sri Lanka’s first toll road is still on the shelf without funding, with the government saying they will even consider commercial …
Taking Flight
July 29, 2006 (LBO) – Malaysias top budget airline AirAsia is in talks to buy up a minority stake in local carrier Holiday Air, which is due to start …
Back Onboard
July 22, 2006 (LBO) – Sri Lanka's main port is limping back to work following government assurance to consider striking workers demand for a pay hike, an …
Drifting Away
July 21, 2006 (LBO) – Sri Lanka's main export industry is reeling due to the ongoing strike at the Colombo port, amid moves by feeder vessel operators to …
Mental Block
July 20, 2006 (LBO) – Trade union action at Sri Lanka’s main harbour entered its 10th day Thursday, despite a court ruling to restrain striking …