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Friday March 31st, 2023
Logistics

Sri Lankan transport associations cut haulage and transportation fees after fuel price cut

"We hope to reduce it by 8-10 percent and will be applied from tomorrow."

March 31, 2023 2 min read

Sri Lanka establishes committee to investigate aircraft incidents

From 2003 – 2021, Sri Lanka has encountered around 2,700 aircraft accidents and incidents.

March 23, 2023 2 min read

Sri Lanka exports will be hit after freight surcharge gazette removed: shippers

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March 13, 2023 5 min read

Sri Lanka unions threaten to cripple economy against IMF-backed reforms

“If the government still doesn’t get it, at midnight on March 14 all trains will stop, as will power supply."

March 13, 2023 5 min read
Seventeen ships turned back after Colombo Port anti-tax protests, claims minister

"The result of the protests will be the strengthening of those ports and the collapse of ours," he said

Sri Lanka’s Expolanka buys US-based customs broker for $42.5mn

The acquisition will enable EFL to extend its brokerage services across North America

February 27, 2023 1 min read

Sri Lanka inks air services deal with the Netherlands

It will allow for flights between Katunayake and Amsterdam and beyond to third countries

February 23, 2023 1 min read

Sri Lanka to crush illegally imported vehicle parts to be sold as scrap metal

Most illegal spare parts that need a license are imported by mixing them with legal spare parts

February 21, 2023 2 min read
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Sri Lanka's Dipped Product seeks new markets as Western demand drops

Also burdened with higher income tax and rising utility prices

February 20, 2023 3 min read

Sri Lanka and Indonesia extends air search and rescue deal

Sri Lanka and Indonesia to facilitate SAR in their flight information regions

February 15, 2023 1 min read

Sri Lanka customs seize 206 star tortoises

Tortoises were packed in 6 Styrofoam boxes labelled as 'Dried Sea Foods'

February 12, 2023 2 min read

Cash-strapped SriLankan grounds three planes over engine trouble

For several months we have not had the money to fix the engines

February 10, 2023 1 min read
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SriLankan Airlines defaults on bond interest

The airline had serviced the previous coupon out of its own revenues

February 10, 2023 1 min read
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SriLanka to ramp up China flights from April as tourism resumes

Thrice a week flight to Beijing and Shanghai, extra flight to Guangzhou

February 9, 2023 1 min read

Sri Lanka awaits salvage of X-Press Pearl wreck to make second damage claim

Salvage had been delayed due to bad weather

February 1, 2023 2 min read
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US Dollar 317.7257 315.7075
UK Pound 390.1318 389.9168
Euro 343.9770 343.0579
Aus Dollar 211.1422 211.2584
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Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
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I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Expolanka net down 87-pct as Fed stops printing money

Both air and sea freight see contraction as global trade volumes fall

January 29, 2023 2 min read

Sri Lanka cabinet clears China backed cargo service centre

It will be developed with a 150 million US dollar investment

January 24, 2023 1 min read

Sri Lanka apparel exporters object to planned change in shipping charges

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January 20, 2023 6 min read

Sri Lanka to call investors for PPPs in Mattala Airport

Investors who have an interest to invest in MRIA to make it an efficient and productive airport can send their proposal

January 10, 2023 1 min read
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India lends over US$1.1bn to upgrade Sri Lanka Railways

About US$180mn project ongoing or planned

January 9, 2023 2 min read
1

Sri Lanka's China-backed port mulls yard expansion amid roaring RO-RO business

In 2022, HIP handled a total volume of 558,188 units through 249 vessel calls, which is expected to increase.

January 8, 2023 1 min read

Sri Lanka's ECT revenue rises as government awaiting for Japan offer response

Sri Lanka's dilomatic ties with Japan, India severed after it unilaterally cancelled a tripartite deal

January 2, 2023 2 min read

India's IRCON to upgrade Sri Lanka's Northern railway track for Rs33bn

Colombo Jaffna direct trains halted from 5 months from Jan 05

December 28, 2022 1 min read
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Russia's Red Wings to start charters Sri Lanka from Dec 28

Red Wings will operate charter services to Sri Lanka twice a week

December 27, 2022 1 min read

Sri Lanka importers see freight costs plunge after US tightening

Today a container from Shanghai to Colombo is 1,100 US dollars. Back to normal.

December 22, 2022 2 min read
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