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Monday June 3rd, 2024
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Sri Lanka's China-backed port mulls yard expansion amid roaring RO-RO business

In 2022, HIP handled a total volume of 558,188 units through 249 vessel calls, which is expected to increase.

January 8, 2023 1 min read

India's IRCON to upgrade Sri Lanka's Northern railway track for Rs33bn

Colombo Jaffna direct trains halted from 5 months from Jan 05

December 28, 2022 1 min read

Sri Lanka 2023 budget proposes logistic hubs to boost trade

Sri Lanka has been in the process of coming out of an unprecedented economic crisis

November 16, 2022 1 min read

Sri Lanka railways in losses despite fare hike

In 2021 Sri Lanka Railways lost Rs10.3bn rupees

September 30, 2022 2 min read
Sri Lanka plans aircraft dismantling at Mattala Airport 

To boost utilization of the airport government approval has been received for several new activities

Sri Lanka to build road fund with fuel tax, revenue licenses

Fuel and car license fess to be taxed

Sri Lanka cabinet cancels Japan funded light rail project

Sri Lanka's cabinet of ministers had approved the cancellation of a light rail project funded by Japan to ease traffic c...

September 29, 2020 1 min read

Sri Lanka vehicle registrations down in July

Sri Lanka's vehicle registrations fell to 28,572 in July down from 32,123 with motorcycle registration at 22,419 from 25...

August 19, 2020 1 min read

Sri Lanka plans US$4bn PPP for LRT in place of Japan funded soft-loan project

Sri Lanka plans to request proposals to fund a 2.2 billion US dollar light rail transit project after cancelling a Japan...

June 25, 2020 3 min read

Sri Lanka approves billion dollar tower block by China in Colombo Port City

Sri Lanka has approved a billion US dollar mixed development tower block project in Colombo Port City, where the sea ha...

June 18, 2020 1 min read

Sri Lanka halts Japan funded Colombo light rail project

Sri Lanka has halted a Japan funded light rail project for the capital Colombo as it was too costly and brought low retu...

June 18, 2020 2 min read

Sri Lanka bus operators look for loan bailout as Coronavirus curbs hit revenues

Sri Lanka is looking at mortgaging route licenses of private buses to raise cash with operators saying revenues had halv...

Chanka Jayasinghe
June 11, 2020 4 min read

Sri Lanka biz chamber proposes way to cut public transport risks as economy opens after Covid-19

Sri Lanka's Ceylon Chamber of Commerce had given proposal on how to reduce risks in public transport after Coronavirus cont...

April 17, 2020 3 min read

Sri Lanka airport's US$500mn expansion deal won by Japan's Taisei

Sri Lanka's cabinet of ministers had cleared the award of a contract valued at over 500 million US dollar expand Sri Lan...

February 20, 2020 1 min read

Govt delaying warehouse project that could stabilise vegetable prices: Harsha

The construction of a 600 million rupee climate-controlled warehouse in Dambulla which would contribute to stabilizing v...

January 23, 2020 1 min read
2

Sri Lanka's transport regulator to expand into restaurants

Sri Lanka's National Transport Commission, which issues route licenses to buses, will set up and regulate network of roa...

January 7, 2020 2 min read
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Sri Lanka vehicle registrations hits 6-year low amid elections, peg collapse

Sri Lanka's vehicle registrations fell to 24,472 units in November 2019, the lowest since the June 2013 amid a collapsed...

December 25, 2019 2 min read

Sri Lanka to end 'semi-luxury' bus fleecing scam

Sri Lanka will end a so-called 'semi-luxury' bus service which is fleecing passengers without giving extra facilities to...

December 21, 2019 1 min read
1

Sri Lanka scraps licences for transport of sand, clay and gravel

Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.

December 5, 2019 1 min read

Sri Lankans warned against buying mis-declared Audi A5s

The Ceylon Motor Traders Association, representing Sri Lankan agents of international automotive manufactures, has warne...

November 18, 2019 2 min read

Sri Lanka gets US150mn from ADB for rural roads

Sri Lanka has is getting 150 million US dollars from the Asian Development Bank as part of an overall program to upgrade...

November 14, 2019 1 min read

U.S. says MCC grant needs Sri Lanka public support

Sri Lanka's parliament must approve a proposed grant of 480 million dollars by the United States government's Millennium...

November 1, 2019 1 min read

Sri Lanka to call bids for luxury train coaches on four routes

Sri Lanka's state-run railways had been cleared to call competitive bids to operate luxury train coaches on four routes ...

October 30, 2019 1 min read

Sri Lanka lifts floor barrier for bonded warehouses

Sri Lanka's finance minister Mangala Samaraweera proposed to lift the requirement for a minimum 50,000 square feet (abou...

October 18, 2019 1 min read

Sri Lanka vehicle registrations recover in July after Easter bombings

Vehicle registration in Sri Lanka has grown in July from a month earlier, as the country recovers after the Easter Sunda...

August 26, 2019 1 min read

Sri Lanka begins upgrading ageing railway with ADB credit

Sri Lanka is starting to upgrade its ageing railway network loan to win back passengers as congestion and delays hits ro...

August 19, 2019 2 min read