Setting Sail
Colombo Dockyards heeding to the call of peace is setting sail in search of new business, looking at more challenging assignments. The company is already in …
Shipping and Transport
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Double Growth
The results, for the six months to Sept. 30 2002, again shows Emirates bucking current trends affecting the airline industry, with an operating revenue of Dhs …
Czechs are here
The first European airline to come into the country since the peace process, started operations this week. The Czech Republic national carrier, Czech Airlines …
Six In One Blow
Six cluster bus companies made it thorough the stock exchange as scheduled on Thursday, all picked up by the British led consortium of IBIS Transport …
Fly Over
Czech Airlines made their formal entry into Sri Lanka today - the new air bridge linking Colombo and Prague via Dubai with a window into Europe and the Far …
Two Proposals
Two parties had expressed interest to invest in some of the thirteen bus companies the government wants to privatise.The evaluation of the bids are underway …
Setting Standards
Sri Lanka will join the fleet of countries that have adopted the World Trade Organisations agreement to standardise customs valuation procedures. Customs …
Bridging The Gap
For centuries people of India and Sri Lanka have used the Palk Strait as a channel of transportation of goods and services. The economies of the two landmasses …
Single Lane
Malaysian based Road Builder Holdings has become the sole contender to finance and manage the Colombo-Katunayake Expressway.Work on the US$ 130 mn highway has …
JCT doing well
Container-traffic at the Colombo Port jumped by a mammoth twenty three percent in September, bucking an export growth trend.The Ports authority says the …
Air Pocket
Under the airport expansion plan covering some 700 acres, the two runways will have to be constructed leaving a 1.8 km distance. The distance is necessary to …
Snail Road
The government plans to award the contract to build the Colombo-Matara superhighway later this month, top officials said.Transport Minister Tilak Marapane says …
High Roads
Officials say a breakthrough in discussions with the Board of Infrastructure Investment (BII) is imminent, with the deal being finalised as early next week. …
Stop Smoking
Private sector assistance is being sought for a nation wide motor vehicle emission reduction programme that will get off ground in January next year.In a …
Third Shift
Keeping in line with its court promise, the Public Enterprise Reform Commission called for fresh bids to infuse private ownership into the cash starved 13 …
Back To Depot
The Public Enterprise Reform Commission (PERC) will shortly re-advertise the government quote s intensions to infuse private ownership into 13 cash strapped …
Another Breakdown
The government once again shelved plans to dispose 13 state run bus companies on the Colombo Stock Exchange until further notice.rnrnrnThe Public Enterprise …
Sprinkling Phohora
The Asian Development Bank (ADB) Monday lent US$ 30 mn towards uplifting the productivity and financial viability of the plantation sector.Around US$ 10 mn of …
Buying Tickets
The final details for the sale of a 39 per stake in the sate owned bus company is being worked out for September 24. The stake will be auctioned over the …
LRT In Colombo
The government is to call for private proposals to develop a light rail transit system for urban travel in the Western Province.The Urban Development Authority …