Empty Hold

Air freight traffic slumped in Asia in May as high oil prices take the shine off global business and threatens to push the global airline industry further into the red. Air freight traffic slumped in Asia in May as high oil prices take the shine off global business and threatens to push the global airline […]

Road Rehab

Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat.Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat. The Road […]

Flight Control

The Civil Aviation Authority may draw up new rules to better regulate airlines that fly in to Sri Lanka or set up shop here, for a better handle on passenger protection. The Civil Aviation Authority may draw up new rules to better regulate airlines that fly in to Sri Lanka or set up shop here, […]

Changing Tracks

Draft changes to the Railways act, that will allow the commuter service to partner the private sector is being finalized before going for Cabinet approval.Draft changes to the Railways act, that will allow the commuter service to partner the private sector is being finalized before going for Cabinet approval. Private sector participation is expected to […]

Travel Expenses

Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. “The bus strike will be called off now because we got approval to increase prices,” said President of the […]

High Jump

A bus fare increase looming this month as private bus operators demand compensation for the sharp jump in operating costs.A bus fare increase looming this month as private bus operators demand compensation for the sharp jump in operating costs. To keep private busses in the roads, the National Transport Commission wants a bus fare increase […]

Choke Ride

Railway authorities are in negotiations with the Transport Ministry to urgently up its fares after Sunday’s fuel price hike. Railway authorities are in negotiations with the Transport Ministry to urgently up its fares after Sunday’s fuel price hike. An official from the Transport Minister office said on Monday that negotiations to raise fares were currently […]

Cheap Deals

Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006.Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006. The no-frills carrier is one of nine contenders […]

Box Rates

Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box.Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box. Agents say close to 100,000 twenty foot containers […]

Road Across

Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli River – a link on the A-11 road, which is a key access route to the east coast.Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli […]

Air Assets

European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in South Asia.European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in […]

Steering Off

Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. A Ceylon Chamber of Commerce forum on port development and its impact on […]

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