CICT attracts first new service to Colombo from Ocean Alliance
(PRESS RELEASE) – Colombo International Container Terminals (CICT) recently welcomed the maiden call of CMA CGM Nabucco, the first vessel under the Ocean …
(PRESS RELEASE) – Colombo International Container Terminals (CICT) recently welcomed the maiden call of CMA CGM Nabucco, the first vessel under the Ocean …
Apr 05, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to construct a four-lane roadway to reduce traffic congestion in Kandy town. The road …
Mar 30, 2017 (LBO) – Sri Lanka’s Prime Minster is to sign exchange of notes for a grant assistance of one billion yen (1.3 billion rupees) from Japan for …
Mar 22, 2017 (LBO) – China Merchant Port Holdings may divest 20 percent of the initial shareholding of the proposed Hambantota port joint venture within 10 …
Mar 22, 2017 (LBO) – Sri Lanka’s lubricant suppliers are starting to pass the tax imposed on synthetic lubricants to end users, the Ceylon Motor Traders …
Mar 10, 2017 (LBO) – Sri Lanka Megapolis Ministry will test launch a new bus priority system from Rajagiriya to promote better use of public transport in …
Mar 10, 2017 (LBO) – The Sri Lanka Ports Authority made profits of 11 billion rupees in 2016 while recording a revenue of 44 billion rupees, the Ports …
Mar 03, 2017 (LBO) – Sri Lanka office of the Japan International Cooperation Agency (JICA) has commenced the preparatory study for the first elevated Light …
Mar 03, 2017 (LBO) – Sri Lanka’s public transport needs to be developed and marketed as an attractive technologically savvy mode and an alternative to …
Feb 23, 2017 (LBO) – Sri Lanka’s cabinet has approved establishing a special infrastructure company to seek funding for critical infrastructure projects, …
Feb 20, 2017 (LBO) – MV Hoegh Tracer, the world’s largest pure car and truck Carrier (PCTC), belonging to Hoegh Autoliners AS, Oslo, is scheduled to …
Mahindra & Mahindra Ltd., a part of the USD 17.8 billion Mahindra Group based in India, today announced that it is set to expand its business footprint in …
Feb 02, 2017 (LBO) – South Korea’s shipping giant Hanjin Shipping is expected to be declared bankrupt this month, foreign media reports said. The Seoul …
Feb 01, 2017 (LBO) – Sri Lanka’s Cabinet has decided to obtain part of the funds for the construction of phase II of Central Expressway Project from two …
Jan 27, 2016 (LBO) – Sri Lanka’s Sail Lanka Charter hosted Prime Minister Ranil Wickremasinghe and his wife on-board their 53ft sailing catamaran, …
Jan 18, 2017 (LBO) – Central Bank of Sri Lanka has advised commercial banks and leasing companies to follow new regulations in granting loans for …
Jan 18, 2017 (LBO) – Sri Lanka’s cabinet has decided to regularize small commercial vessels that have been in service as well as new vessels including …
Jan 16, 2016 (LBO) – Sri Lanka recently deposited the instrument of ratification with the International Labour Office (ILO) of the Maritime Labour …
Jan 09, 2017 (LBO) – A Sri Lankan investor will be the first businessman investing in the proposed Hambantota economic zone, Prime Minister Ranil …
Jan 06, 2017 (LBO) – Sri Lanka’s Laugfs Maritime Services has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for 2.875 million US …