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Thursday June 1st, 2023

Sri Lanka's China-run port drives vessel lay-up business

Sri Lanka's China-run Hambantota Port said it is supporting a vessel lay-up business expanding the island's role as a ma...

March 15, 2021 2 min read

Sri Lanka plans MRO, transit hotel at Mattala airport

Sri Lanka plans to set up an aircraft and maintenance and repair overhaul (MRO) unit, a transit hotel, expand duty free ...

March 10, 2021 2 min read

Sri Lanka Ports Authority can raise funds from stock market patriots for ECT: Minister

Sri Lanka Port Authority can raise capital from the Colombo Stock Exchange to build East Container Terminal if there is ...

March 9, 2021 2 min read

India did not nominate party for WCT, Sri Lanka says had direct talks with Adani

Sri Lanka had direct talks with Adani Ports group over giving a concession to build and operate Colombo Port's West Cont...

March 9, 2021 1 min read
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.’’

UAE removes rapid PCR requirement for travellers from Sri Lanka, other countries

A six-hour rapid PCR test was required for passengers departing from countries in the region.

New Sri Lanka logistics facility targets exporters

ECONOMYNEXT – Sri Lanka’s investment agency has approved a project to build a warehouse and container depo...

January 8, 2019 1 min read

Global player to run bunkering in Sri Lanka’s Hambantota port

ECONOMYNEXT – A global player in the bunkering business will be selected soon to supply ship fuel at Sri Lankaââ...

January 7, 2019 2 min read

A committee to decide future of SriLankan Airlines

A committee headed by State Minister for Finance Eran Wickremeratne has been appointed to decide on the future of state-...

January 7, 2019 1 min read

Sri Lanka based Hayleys Advantis to manage Abu Dhabi container depot

Sri Lanka-based Hayleys Advantis said it had won a deal to manage a container depot in Abu Dhabi, built by UAE based Tru...

January 6, 2019 2 min read

Japan soft loan for Sri Lanka LRT at low interest, 40-yr payback

ECONOMYNEXT - A 1.85 billion dollar equivalent loan offered by Japan to build a light rail transit system in Sri Lanka...

January 4, 2019 1 min read

Sri Lanka to get digital transit card for bus, rail transport

ECONOMYNEXT – Sri Lanka’s central bank is working to help introduce a digital transit card to be used in b...

January 3, 2019 1 min read

Sri Lanka to sign loan agreement with Japan for light rail

ECONOMYNEXT – Sri Lanka’s government is to sign an agreement with the Japanese aid agency, Japan Internati...

January 3, 2019 1 min read

Sri Lanka's Colombo Port container volumes up 13-pct to 7mn

Sri Lanka's Colombo Port has handled 7 million containers by December 30 2018, up 13.2 from a year earlier, the state po...

December 31, 2018 2 min read

Cargo throughput up 13-pct at Sri Lanka’s CICT facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminals (CICT) said it handled 2.65 million tw...

December 31, 2018 2 min read

Sri Lanka fuel prices fall 17.9-pct, regulated bus fares down 4.2-pct

Sri Lanka bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel...

December 29, 2018 2 min read
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Marella Cruises vessel calls at Sri Lanka's Colombo port

Marella Cruises vessel M V Marella Discovery had called at Sri Lanka's Colombo Port with complement of 1,732 passengers ...

December 28, 2018 1 min read

Sri Lanka's Hambantota Port enters vessel lay-up business

Sri Lanka's Hambantota Port said it has attracted the first vessel for lay-up with a drillship to be moored at the port ...

December 24, 2018 2 min read

Sri Lankan freight forwarders see margin pressure from liner consolidation

ECONOMYNEXT – Consolidation among container shipping lines trying revive profitability is likely to squeeze profi...

December 24, 2018 2 min read

Sri Lanka’s Ports Ministry gets industry professional as secretary

ECONOMYNEXT – Sri Lankan President Maithripala Sirisena has appointed Parakrama Dissanayake, chairman of Sri Lank...

December 24, 2018 1 min read

Sri Lanka’s Hayleys Advantis opens distribution hub

ECONOMYNEXT – Sri Lanka’s Hayleys group said its Hayleys Advantis logistics arm had commissioned its large...

December 19, 2018 2 min read

Sri Lanka’s SAGT nearly doubles design capacity handling 2mn containers

ECONOMYNEXT – South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first private terminal in Colombo...

December 19, 2018 2 min read

Sri Lanka’s planned light rail seen needing govt subsidies

A planned light rail transit system in Sri Lanka’s capital Colombo will need government subsidies, like elsewhere...

December 19, 2018 2 min read

Sri Lanka's PickMe mulls financial services

ECONOMYNEXT – Sri Lankan ride hailing service PickMe is considering going into financial services in the medium t...

December 18, 2018 2 min read

Sri Lanka logistics firms mull tie-ups with start-ups

ECONOMYNEXT – Sri Lankan logistics firms are adapting to changing customer behaviour and technology and could str...

December 14, 2018 1 min read

CICT adds capacity for bigger ships at Sri Lanka’s Colombo port

ECONOMYNEXT – Colombo International Container Terminals (CICT) said it was buying more cranes that will enhance d...

December 14, 2018 2 min read
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