Sri Lanka govt approves phase 2 of Central Expressway, only single bidders
Nov 09, 2016 (LBO) – Sri Lanka’s cabinet has given the nod to build the second section of Central Expressway which runs from Mirigama to Kurunegala …
Shipping and Transport
UBER launches new rider app
(PRESS RELEASE) – Colombo, November 2, 2016: Uber, the ridesharing app, today announced the launch of its new rider app, rebuilt completely from the …
Sri Lanka awards USD58mn railway tender to only bidder
Nov 03, 2016 (LBO) – Sri Lanka’s cabinet nod has been given to award a tender to the only bidder who submitted a bid to supply six Diesel Multiple Units …
Sri Lanka to call EOI’s for multi-modal transport hub
Nov 03, 2016 (LBO) – Sri Lanka’s cabinet of ministers has approved for the Megapolis and Western Development Ministry to call for expressions of …
USD1 bln expected from Hambantota port sale: CB Governor
Nov 02, 2016 (LBO) – Sri Lanka could expect a one billion dollar inflow to the economy in about five months time through the sale of a stake in the …
Sri Lanka to sell 80 percent of southern Hambantota port to Chinese firm
Oct 28, 2016 (Reuters) – Sri Lanka will sell to a Chinese company 80 percent of a $1.5-billion port in its south, where China has also been offered an …
World’s oldest working full-rigged ship arrives in Sri Lanka
Oct 26, 2016 (LBO) – The world’s oldest working full-rigged ship with 27 sails, SS Sørlandet from Norway, has arrived in Colombo. The ship is on a …
Sri Lanka introduces electronic card to charge electric vehicles
Oct 24, 2016 (LBO) – Sri Lanka’s Power Ministry has introduced a new rate structure and an easy-to-use electronic card when charging electric vehicles. As …
Sri Lanka to conduct feasibility studies for 5 LRTs excluded by JICA
Oct 19, 2016 (LBO) – Sri Lanka’s cabinet has approved conducting of detailed feasibility studies for five remaining light railway transits (LRTs) with an …
Expo paves way for faster subcontinent cross border logistics
Oct 10, 2016 (LBO) – Expo Freight says it has achieved a significant milestone in cross border trade in the Indian subcontinent after a shipment for …
Coal carrier Ceylon Princess arrives in Sri Lanka
Oct 06, 2016 (LBO) – Sri Lanka’s Ceylon Shipping Corporation (CSC) has taken delivery of its second newly built bulk carrier for the transportation of …
Infrastructure: Sri Lanka’s ministries should be aligned to be more effective
Sep 30, 2016 (LBO) – Sri Lanka’s budget allocations for national road development are high, but it needs to be attuned to needs, and ministries should …
Sri Lanka attracts major container ship MSC Maya to Colombo
Sep 27, 2016 (LBO) – Sri Lanka’s Colombo International Container Terminal (CICT) attracted one of the largest container ships in the world ‘MSC Maya’ …
SriLankan Airlines adds Lahore as 100th destination
Sep 27, 2016 (LBO) – SriLankan Airlines said they would commence services between Lahore in Pakistan and Colombo from 27th September 2016, to enhance its …
ADB to give Sri Lanka USD24.2Mn for transport feasibility studies
Sep 23, 2016 (LBO) – The Asian Development Bank (ADB) will help Sri Lanka prepare studies and designs for new road, railway, and port projects to assure …
Yacht operator says Merchant Shipping blocks business
Sept 21, 2016 (LBO) – Sri Lankan Aggressor, a yacht named after the island, has been blocked by the Secretariat of Merchant Shipping from registering pending …
Sri Lanka vehicle registrations rebound from July lows: JB
Sept 19, 2016 (LBO) – Sri Lanka vehicle registrations saw a rebound in August from the July lows in the categories of small cars, three-wheelers, …
CCC proposes amendments to Sri Lanka’s customs ordinance
Sep 12, 2016 (LBO) – The Ceylon Chamber of Chamber has made several proposals for the amendment of Sri Lanka’s Customs Ordinance. The Import Section of …
Hanjin shipping bankruptcy to have indirect impact on Sri Lanka
Sept 10, 2016 (LBO) – The filing for bankruptcy by South Korean container shipper Hanjin Shipping will have an indirect impact on Sri Lanka with reduced …
Hanjin Shipping collapse could drive up cost for businesses
Sept 09, 2016 (LBO) – South Korean container shipper Hanjin Shipping has filed for court receivership, which will increase costs for businesses and …