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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
July 19, 2006 (LBO) – Sri Lanka’s state run transport authority will give private bus owners a financial handout to encourage them to replace run …
July 19, 2006 (LBO) – Sri Lanka's ports minister Mangala Samaraweera said he was willing to negotiate with striking trade unions if they get back to work …
July 17 (LBO) - A research study has indicated that the construction of the Colombo Outer Circle Road should have the highest priority, a logistics expert …
KUALA LUMPUR, July 12, 2006 (AFP) - Tony Fernandes, head of budget carrier AirAsia, will ensure the airline remains Malaysian owned and not sell shares to …
PARIS, July 2, 2006 (AFP) - Passengers boarding planes in France are now paying a new tax on their tickets to help the world's poor, after the measure came …
June 28, 2006 (LBO) – SriLankan Airlines said Wednesday group net profit in the year to March rose nearly 50 percent annually to 2.04 billion rupees over …
June 23, 2006 (LBO) - Malaysia will build Sri Lanka's Colombo-Kandy Highway, with an agreement for a feasibility study signed by the two sides this week, the …
June 21 (LBO) – The Shipping Corporation has clinched a deal with Iran to buy an oil tanker and two container ships to begin feeder operations to the …
June 19, 2006 (LBO) – Clubbing with big brother Emirates Airlines to get bulk fuel discounts and hedging oil prices on future markets has helped …
June 16, 2006 (LBO) -- Sri Lanka has structured a call option instrument, which allows investors to bid for nine taxi service licenses to be auctioned on the …
June 15, 2006 (LBO) – Sri Lanka Thursday sought interest from investors to bid for nine licenses to operator taxi services in the country, an official …