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Monday December 5th, 2022

Sri Lanka Ports Authority to waive penalties for delayed containers as dollar bites

"We can’t even be sure of the exact number of requested waivers as we have received many in a short period.’’

February 23, 2022 2 min read

Sri Lanka warned of 'kota uda' vehicles as forex crisis bites spare parts

If the transportation sector grinds to a halt, that would have a severe impact on exports and tourism

February 18, 2022 2 min read

Sri Lanka Railways starts Mt Lavinia to Jaffna train with India support

Another Indian firm is upgrading railway tracks between on the Maho-Anuradhapura-Omanthai track.

January 10, 2022 1 min read

Sri Lanka gets more railway coaches from India under US$82.6mn deal

RITES will also supply two AC diesel multiple units (DMU) to Sri Lanka Railways.

September 18, 2021 1 min read
Sri Lanka PM reveals plan to prevent tuk-tuk fuel shortage

Three-wheel drivers have been significantly affected by the fuel shortage, price hike

Sri Lanka vehicle registrations hits 6-year low amid elections, peg collapse

Sri Lanka's vehicle registrations fell to 24,472 units in November 2019, the lowest since the June 2013 amid a collapsed...

December 25, 2019 2 min read

Sri Lanka to end 'semi-luxury' bus fleecing scam

Sri Lanka will end a so-called 'semi-luxury' bus service which is fleecing passengers without giving extra facilities to...

December 21, 2019 1 min read

Sri Lanka scraps licences for transport of sand, clay and gravel

Sri Lanka has removed the requirement of a permit for transporting sand, clay and gravel, the cabinet office said.

December 5, 2019 1 min read

Sri Lankans warned against buying mis-declared Audi A5s

The Ceylon Motor Traders Association, representing Sri Lankan agents of international automotive manufactures, has warne...

November 18, 2019 2 min read

Sri Lanka gets US150mn from ADB for rural roads

Sri Lanka has is getting 150 million US dollars from the Asian Development Bank as part of an overall program to upgrade...

November 14, 2019 1 min read

U.S. says MCC grant needs Sri Lanka public support

Sri Lanka's parliament must approve a proposed grant of 480 million dollars by the United States government's Millennium...

November 1, 2019 1 min read

Sri Lanka to call bids for luxury train coaches on four routes

Sri Lanka's state-run railways had been cleared to call competitive bids to operate luxury train coaches on four routes ...

October 30, 2019 1 min read

Sri Lanka lifts floor barrier for bonded warehouses

Sri Lanka's finance minister Mangala Samaraweera proposed to lift the requirement for a minimum 50,000 square feet (abou...

October 18, 2019 1 min read

Sri Lanka vehicle registrations recover in July after Easter bombings

Vehicle registration in Sri Lanka has grown in July from a month earlier, as the country recovers after the Easter Sunda...

August 26, 2019 1 min read

Sri Lanka begins upgrading ageing railway with ADB credit

Sri Lanka is starting to upgrade its ageing railway network loan to win back passengers as congestion and delays hits ro...

August 19, 2019 2 min read
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Sri Lanka begins building Light Rail system

Sri Lanka's first Light Rail Transit (LRT) system which runs a 16 kilometre stretch from the suburb Malabe to the commer...

August 17, 2019 2 min read

Sri Lanka gets first US$10.3mn train for upcountry line from China

Sri Lanka has imported a train from China for the upcountry line at the cost 10.3 million US dollar (1.83 billion rupees...

August 13, 2019 1 min read

Sri Lanka's JKH helps preserve 1878 railway station in Colombo

Sri Lanka's largest conglomerate John Keells Holdings (JKH) has renewed its commitment to maintain the historic Slave Is...

August 8, 2019 2 min read

India delivers trains, engine to Sri Lanka under soft loan

ECONOMYNEXT – India has delivered the fourth of six Class S13 train sets to Sri Lanka along one Class M11 engine,...

July 23, 2019 1 min read

Hybrid electric vehicle standards needed, Sri Lanka transport expert says

Hybrid electric vehicles can help reduce emissions but minimum standards and adequate support infrastructure are needed ...

July 17, 2019 3 min read

Sri Lanka’s MAS Holdings, Hellmann Worldwide expand logistics joint venture

Sri Lankan apparel exporter MAS Holdings and Hellmann Worldwide Logistics are expanding their joint venture for logistic...

July 10, 2019 2 min read

Sri Lanka's United Motors eyes commercial, earth moving vehicles as car sales fall

ECONOMYNEXT - United Motors Lanka, agents in Sri Lanka for Mitsubishi automobiles, has said it diversifying into commerc...

July 8, 2019 3 min read

Sri Lanka LRT project to ease congestion, boost economy: Champika

A 2.2 billion US dollar light rail transit project for Colombo, will ease congestion and boost economic activity, Sri La...

July 4, 2019 1 min read

Chinese firm wins Sri Lanka rail container deal for solid waste

China’s state-owned power plant and railway equipment manufacturer Dongfang Electric International Corporation ha...

July 3, 2019 1 min read

Sri Lanka plans US$50mn cable car project in Nuwara Eliya

Sri Lanka's cabinet of ministers had given initial clearance for a cable car project in hill country town of Nuwara Eliy...

July 3, 2019 1 min read