Pitt Stop

Sri Lanka will build a bunkering port in the island’s remote southern tip to service international shipping, the ports and aviation minister said Thursday.Sri Lanka will build a bunkering port in the island’s remote southern tip to service international shipping, the ports and aviation minister said Thursday. Minister Mangala Samaraweera said the government was determined […]

Sailors Bond

Sri Lanka Ports Authority is considering a dollar bond issue this year to fund the initial phase of the proposed Colombo South harbour project.Sri Lanka Ports Authority is considering a dollar bond issue this year to fund the initial phase of the proposed Colombo South harbour project. The port needs to raise over US$ 200 […]

Southern Sail

Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of a proposed mega port development in the South of the island. Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of […]

Temp Jobs

Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday.Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday. A handful […]

Burning Issues

National carrier SriLankan Airlines is hoping international jet fuel prices will cool off this month as it launches thrice weekly services to Beijing China from June 15.National carrier SriLankan Airlines is hoping international jet fuel prices will cool off this month as it launches thrice weekly services to Beijing China from June 15. Fuel accounts […]

Fly Over

The US to do feasibility for Sri Lanka’s second international airport located in the South of the island, says Minister of Ports and Aviation Mangala Samaraweera.The US to do feasibility for Sri Lanka’s second international airport located in the South of the island, says Minister of Ports and Aviation Mangala Samaraweera. “The US Trade and […]

Getting Off

Plans to lay off half the State owned bus workers got the Cabinet nod while analysts expect donors will fund the move.Plans to lay off half the State owned bus workers got the Cabinet nod while analysts expect donors will fund the move. The Central Transport Board (SLCTB) and the cluster bus companies employ a […]

Pipe Dream?

The government of Sri Lanka, whose roads are among the world’s most dangerous, said it would crack down on rash driving after the island’s worst train-bus collision killed 35 people.The government of Sri Lanka, whose roads are among the world’s most dangerous, said it would crack down on rash driving after the island’s worst train-bus […]

Bucking the trend

Dubai airline Emirates announced a 48.7 percent rise in annual net profit on Wednesday, citing growth in tourism and business travel through its Dubai hub, heavy investment in its fleet and a non-union workforce.Dubai airline Emirates announced a 48.7 percent rise in annual net profit on Wednesday, citing growth in tourism and business travel through […]

Electrical Wiz

Ceylinco’s pollution free car – the Reva selling at over Rs.1.2 mn has so far received some 20 confirmed orders.Ceylinco’s pollution free car – the Reva selling at over Rs. 1.2 mn has so far received some 20 confirmed orders. The Indian made electric car was commercially launched Monday, targeted at environment minded Sri Lankan’s […]

Flying Goods

National carrier SriLankan Airlines is adding South Indian industrial city of Coimbatore to its growing dedicated cargo network from Wednesday.National carrier SriLankan Airlines is adding South Indian industrial city of Coimbatore to its growing dedicated cargo network from Wednesday. The airline which is 40 percent owned by Dubai’s Emirates Airlines, presently operates regular freighter services […]

Next Train

Railway authorities are looking for Rs. 15 billion from donors to lay a second track between Kalutara and Matara, improving its current service. Railway authorities are looking for Rs. 15 billion from donors to lay a second track between Kalutara and Matara, improving its current service. The second track will cut down delays currently faced […]

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