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Monday September 25th, 2023

Singapore flagged X-Press Pearl under watch off Sri Lanka after fire

Sri Lanka vessels monitoring the vessel for fresh fires

May 21, 2021 2 min read

Sri Lankan Airlines eyes Boeing aircraft maintenance

Looking at airframe maintenance, component maintenance and training

May 20, 2021 1 min read

Sri Lanka halts inbound passengers from May 23

Passengers can however depart the country.

May 19, 2021 2 min read

Sri Lanka's China-run port sees record vehicle transshipment to Mexico, South Africa, EU

Vehicles arrived from Chennai, Mundra, Ennore in India and Gunsan and Pyeongtaek in South Korea

May 17, 2021 1 min read
Sri Lanka LOLC Holdings net up 440-pct in March

LOLC has foreign operations and the Sri Lanka rupee fell steeply in March

Sri Lanka's Colombo port to use bicycles amid assurances of fuel and power

Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port

Sri Lanka to review proposed port tariff hike after protests

ECONOMYNEXT - Sri Lanka has appointed a committee to review a hike in port charges proposed in late 2018, and no change ...

January 29, 2019 1 min read

Sri Lankan Airlines needs debt restructuring, raising capital: committee

A committee appointed by President Maithripala Sirisena has recommended debt re-structuring and capital raising as the b...

January 28, 2019 1 min read

India funds for Sri Lanka railways climb to US$1.3bn

Sri Lanka is beginning to commission diesel multiple units supplied under a 100 million dollar credit line from India, w...

January 28, 2019 1 min read

SriLankan Airlines lose Rs40bn amid currency fall

State-run SriLankan Airlines had lost 135 million US dollars (40 billion rupees) up from 66 million US dollars (11 billi...

January 23, 2019 2 min read

Aercap leases unusable aircraft to SriLankan Airlines

Aercap leased an unusable A330 aircraft to state-run SriLankan Airlines as part of a deal reached in 2017 with the then ...

January 18, 2019 1 min read

ADB to finance US$300mn Sri Lanka elevated port highway

Manila-based Asian Development Bank will help build an elevated access highway to Sri Lanka with financing of 300 millio...

January 17, 2019 1 min read

Kavan Ratnayaka new chairman of Sri Lanka Ports Authority

ECONOMYNEXT - Kavan Ratnayaka, former head of tourism development, has been appointed the new chairman of the state-run ...

January 17, 2019 1 min read

Sri Lanka’s Hambantota port diversifies into cement industry cargo

ECONOMYNEXT – Hambantota International Port (HIP) has handled its first shipment for the cement industry, enablin...

January 16, 2019 2 min read

Sri Lanka’s Hambantota port business diversifying, ship calls up

ECONOMYNEXT – Sri Lanka’s Hambantota port has seen a sharp increase in vessel calls in 2018 with its busin...

January 10, 2019 2 min read

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
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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

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
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