An Echelon Media Company
Sunday October 2nd, 2022
Logistics

Sri Lanka calls EOI to build flying training school at Eastern airport

Five hectares will be allocated on a 30-year lease for the flying training institute

October 1, 2022 2 min read

Sri Lanka railways in losses despite fare hike

In 2021 Sri Lanka Railways lost Rs10.3bn rupees

September 30, 2022 2 min read

Sri Lanka plans to sell tickets in US dollars to tourists: Minister

Hotels charge in US dollars, I do not see why we cannot

September 28, 2022 2 min read

Sri Lanka budget carrier Fits Air to take wing on Oct 05

We need to show that an airline can be run well when privatized

September 26, 2022 2 min read
Sri Lanka railways seek forex from scrap metal amid currency crisis

We are collecting old rails and other metal scrap to sell

SriLankan Airlines to sponsor air tickets for children in need of overseas medical care

A doctor or specialist must issue a letter on the patient’s condition

MSC changes course to save Sri Lanka whales

MSC to sail 15 away from usual route

September 11, 2022 2 min read

Sri Lanka Airlines billion dollar debt to be trimmed before sale

SriLankan has debt and arrears of US$1,046bn

August 30, 2022 2 min read

Sri Lanka to sell 49-percent stake of national carrier's catering, ground-handling units

The airline has racked up losses of 372 billion rupees since management control was taken from Emirates in 2009.

Himal Kotelawala
August 29, 2022 2 min read

Sri Lanka to cut damage payments to passengers by domestic airlines

Montreal Convention had set a limit of around 60mn per passenger for death or injury

August 23, 2022 1 min read

Sri Lanka's Colombo port container volumes down 9.3-pct in June 2022

Imports and transshipment both down

August 22, 2022 2 min read

Sri Lanka jet fuel shortages costing SriLankan Airlines US$7mmn a month

To carry the extra fuel, we can't carry all the freight we like to into the country

Mahadiya Hamza
August 14, 2022 2 min read

Sri Lanka pro-govt legislator calls for privatisation of SriLankan Airlines

“We are a broken nation and we all need to get together and [uplift] the broken nation."

Neshella Perera
August 12, 2022 2 min read

Sri Lanka to allow electric tuk tuks

To reduce fossil fuels

August 9, 2022 1 min read

SriLanka's state-run SriLankan Airlines pays bond interest after sovereign debt default

The government defaulted an interest payment of 78 million US dollar of a sovereign bond on May 19

July 26, 2022 2 min read

Saudi plane with Sri Lanka President Rajapaksa lands in Singapore

.he Saudi Air flight SV788 landed in Changi Airport at 1917 local time (1647 Sri Lanka Time)

July 14, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 369.9103 369.9103
UK Pound 412.4602 400.9490
Euro 364.6306 360.0342
Aus Dollar 242.2604 241.7927
Yen 2.5686 2.5748
Source: Central Bank/Indicative
Latest Last
Indian Rupee 4.4529 4.4476
Korea Won 0.2535 0.2528
Oman Rial 942.5852 942.5852
Saudi Riyal 96.5609 96.3494
UAE Dirham 98.7994 98.7994
Source: Central Bank/Indicative
pts %
S&P SL20 3,165.33 -0.11%
CSE All Share 9,931.07 -0.21%
Turnover Rs million 2,578,258,401 3,017,534,901
Source: CSE
Latest Last
3-m bill 29.35 30.31
6-m bill 28.29 28.51
12-m bill 28.44 28.26
5-yr bond 25.26 25.30
8-yr bond 25.87 26.01
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka aviation minister steps down, president orders probe

Aviation

July 6, 2022 1 min read

Sri Lankan Airlines loses Rs248bn in four months after soft-peg collapse

Forex loss Rs145bn

July 5, 2022 2 min read

Two cruise ships laid up in Sri Lanka's China-backed Hambantota Port

Ships are laid up when they are taken off profitable service.

July 3, 2022 1 min read
1

Sri Lanka's Colombo Port says has fuel to continue operations

Has 32,000MT of fuel

July 1, 2022 1 min read

Sri Lanka to re-open Jaffna airport for international flights

The cabinet has given the approval to re-initiate the operation effecting from July 01,2022

June 28, 2022 1 min read

Sri Lanka faces risk of international airlines pullout after fuel notice

After June 28, 2022, aircraft will have to carry their return fuel according to the CA notice to airmen (NOTAM)

Mahadiya Hamza
June 28, 2022 2 min read
3

Amid Chinese tourism shutdown, Sri Lanka says flights to and from Beijing to increase

Flights were restricted after Covid-19 pandemic outbreak in 2020.

June 20, 2022 2 min read

Sri Lanka's China-backed Hambanota port gets STS cranes for bulk cargo

HIP to almost double productivity levels, with the new cranes

June 20, 2022 2 min read

Sri Lanka court suspends enjoining order issued against Russian Aeroflot flight

The court will decide whether or not to issue an interim injunction, the sources added.

June 6, 2022 1 min read

Aeroflot grounding lands Sri Lanka in diplomatic spat with Russia

Foreign Ministry say the matter is being considered through diplomatic channels

June 4, 2022 2 min read
1 2 3 67