Foundation
May 08, 2013 (LBO) – Sri Lanka is tipped to need about 53 billion dollars over the next few years to develop vital infrastructure to propel economic …
Shipping and Transport
Internationalism
May 8, 2013 (LBO) – Chairman of Sri Lanka Ports Authority, Priyath Wickrama has been elected third vice president of Tokyo based International …
Ahoy
May 07, 2013 (LBO) – State-run Dredging Corporation of India has dredged Sri Lanka’s Kankasanthurai Habhour in the northern Jaffna peninsular, in a …
PPP
May 06, 2013 (LBO) –Sri Lanka is seeking private investments to build an expressway and port related services as the government gears to develop the next …
MegaPlan
May 03, 2013 (LBO) – Sri Lanka is positioned to be one of the pivotal ports of call in Asia with deepwater terminals that can serve mega vessels which …
Terminal
May 2, 2013 (LBO) – Colombo International Container Terminal Plc, (CICT) a unit of China Merchant Holdings (International) will begin discussions with …
Management
Apr 30, 2013 (LBO) – Sri Lanka’s Aitken Spence Plc said it had signed 15 year deal to manage ports in Fiji and will invest 10.5 million Fiji …
Showcase
Apr 28, 2013 (LBO) – A logistics conference and exhibition pushing Sri Lanka’s position as a maritime hub will be flagged off by the island’s …
Bus Loss
Apr 26, 2013 (LBO) – State-run Sri Lanka Transport Board’s losses rose 15.5 percent to 3.8 billion rupees in 2012 and the Treasury had given 3.6 …
Rolling
Apr 25, 2013 (LBO) – A 43 kilometre stretch of Sri Lanka’s Northern Railway line has been re-built to allow trains to be run up to a speed of 120 …
Racing Bikes
Apr 21, 2013 (LBO) – Sri Lanka has allowed high powered motorbikes with engines of over 1,000 cubic centimeters to come in with a payment of 25,000 …
Maritime Confab
Apr 20, 2013 (LBO) – Sri Lanka will host a regional port conference and exhibition in May, showcasing the island’s rapid advancement as South …
Port Profits
Apr 11, 2012 (LBO) – Operating profits at Sri Lanka Ports Authority (SLPA) rose 57.8 percent to 13.1 billion rupees partly helped by rupee despite a …
Wheels
Apr 07, 2013 (LBO) – SML Frontier Automotive (Pvt) Ltd, a unit of listed Sathosa Motors will invest in a one million dollar plant in Hambantota to …
Value Destruction
Mar 28, 2013 (LBO) – Sri Lanka’s transport sectors is estimated to contribute to 10 percent of the gross domestic product, but its shortcoming …
Urban Transit
Mar 28, 2013 (LBO) – A bus rapid transit (BRT) solution could be implemented faster and at a much lower cost to prevent gridlock in Sri Lanka’s …
Vehicle Woes
Mar 24, 2013 (LBO) – Sri Lanka’s vehicle registrations hit new low of 23,544 in February 2013, down 44 percent from a year earlier, after taxes …
Colombo Metro
Mar 21, 2013 (LBO) – Japan’s aid agency is preparing a transport master plan for Sri Lanka’s capital and its environs leading to the building …
Smart Traffic
Mar 18, 2013 (LBO) – Sri Lanka’s expressways will get hi-tec equipment to monitor traffic, disseminate information including weather and analyze …
Ship Arrest
Mar 14, 2013 (LBO) – Vinalines Glory, a Vietnam flagged oil products tanker had been ordered to be arrested by a court in Sri Lanka in a dispute over a …