Category: Shipping and Transport

The State will step in to balance the Railway Department’s books this year and increase funds for railway operations next year, says the Transport Ministry. The State will step in to balance the Railway Department’s books this year and increase funds for railway operations next year, says the Transport Ministry. “The government has agreed to […]

The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo.The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo. The pilot project will test the waters for auctioning all route permits, under the Ministry’s long […]

The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November.The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November. “We are going to start the rail bus service on the Kelaniweli […]

The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules for operation.The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules […]

Sri Lanka’s subsidy happy government, which has made short-term handouts the cornerstone of its economic strategy, is now planning to use at least one upcoming subsidy to push through a long-felt shake up in the country’s unruly public transport system.Sri Lanka’s subsidy happy government, which has made short-term handouts the cornerstone of its economic strategy, […]

Sri Lanka is planning to ban the import of two-stroke engine vehicles widely used here in a bid to reduce pollution, the transport secretary said.Sri Lanka is planning to ban the import of two-stroke engine vehicles widely used here in a bid to reduce pollution, the transport secretary said. The move would largely affect the […]

The Government put another road block before vehicle imports, with the Central Bank Friday raising the bar on obtaining Letters of Credit (LCs). The Government put another road block before vehicle imports, with the Central Bank Friday raising the bar on obtaining Letters of Credit (LCs). The directive, effective immediately, will require importers to post […]

The Transport Ministry will tap one percent of all third-party insurance to start a hit-and-run fund for pedestrians by end of this year.The Transport Ministry will tap one percent of all third-party insurance to start a hit-and-run fund for pedestrians by end of this year. “We will set up a fund using one percent of […]

A brand of motorcycles sourced from one of the most advanced manufacturing plants in Asia, entered the local market last week, seeking to be a major player in a sector that grew 66 per cent last year.A brand of motorcycles sourced from one of the most advanced manufacturing plants in Asia, entered the local market […]

Sri Lanka has agreed to tweak terms of its bilateral Air Service Agreement with France, to allow other EU carriers from its ‘common market’ to fly in here.Sri Lanka has agreed to tweak terms of its bilateral Air Service Agreement with France, to allow other EU carriers from its ‘common market’ to fly in here. […]

A pick up in the Indian car market is driving the leasing business here, with Tata India expanding its fleet of vehicles locally to tap the potential.A pick up in the Indian car market is driving the leasing business here, with Tata India expanding its fleet of vehicles locally to tap the potential. Diesel and […]

The main opposition United National Party seems to think that more subsidies are the way to go, by claiming that the government should subsidise petrol.The main opposition United National Party seems to think that more subsidies are the way to go, by claiming that the government should subsidise petrol. Showing their solidarity with protesting three-wheeler […]