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Saturday May 18th, 2024
Logistics

India's Vistara Airlines resumes Sri Lanka flights

The airline will expand to daily operations between Delhi and Mumbai

November 20, 2021 1 min read

Sri Lanka Airport Aviation Services loses Rs1.7bn in Covid-19

In 2019 without Covid AASL made profits of 15.2 billion rupees.

November 19, 2021 1 min read

Air France starts Sri Lanka flights from November

Air France returns after 27 years

November 6, 2021 2 min read

Swiss International Airlines resumes Sri Lanka flights

Swiss Air will fly to Colombo every Friday

November 5, 2021 2 min read
Sri Lanka airport restaurant, branded clothing franchise to Flemingo

The international restaurant chain or a branded clothing outlet will be in the departure

Sri Lanka airport moves to tackle congestion as tourists return

Also attempting to re-start suspended Japanese funded terminal.

Sri Lanka Navy arrests un-flagged drug runner

Sri Lanka's Navy said it had arrested a suspected foreign fishing vessel without a flag in the seas of Galle, with 60 ki...

July 12, 2019 1 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 to cut costs for airlines to revive tourism

ECONOMYNEXT - Sri Lanka will reduce aviation fuel prices, ground handling charges and embarkation levy to lure back airl...

July 8, 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

SriLankan Airlines to save Rs75mn by shifting corporate office

State-run SriLankan Airlines said it plans to save 75 million rupees a year by shifting its corporate offices from centr...

July 4, 2019 1 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

SriLankan Airlines loses Rs12.9bn up to April 2019

State-run SriLankan Airlines has lost 12.9 billion rupees in the first four months of 2019, a finance ministry report sa...

July 2, 2019 1 min read

Sri Lanka Ports Authority makes Rs10.5bn profit in first quarter of 2019

Sri Lanka Ports Authority, which runs the island’s harbours for merchant shipping, made a profit of 10.5 billion ...

July 1, 2019 1 min read
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Latest Last
US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
Yen 2.0266 2.0278
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3-m bill 21.72 21.79
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Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
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Source: Central Bank/Indicative

Sri Lanka’s Expolanka diversifies into tech products shipments, expands warehousing

Sri Lanka’s Expolanka Holdings is diversifying its core logistics business into moving technology products, in ad...

Tania Madies
June 28, 2019 2 min read

Auto agents to draw up future mobility plan for Sri Lanka

ECONOMYNEXT - Ceylon Motor Traders Association, representing agents of global automakers, said they were planning to dra...

June 27, 2019 1 min read

E-commerce bolsters SriLankan Airlines freight business

Rapid growth in highly profitable e-commerce shipments are helping increase the freight business of SriLankan Airlines w...

June 25, 2019 2 min read

Colombo Dockyard delivers Japanese cable ship, eyes Sri Lanka dredger deal

ECONOMYNEXT – Colombo Dockyard has delivered a submarine cable-laying ship for Japan’s Kokusai Cable Ship ...

June 22, 2019 3 min read

Sri Lanka’s port master plan stresses efficiency to stay competitive

Sri Lanka’s new national port master plan has recommended that Colombo port move fast to improve efficiency and i...

June 21, 2019 2 min read

Mercedes dealer in Sri Lanka running thinner margins to boost market

Sri Lanka's Mercedes Benz dealer Diesel and Motor Engineering Plc (DIMO) has reduced margins to absorb part of a steep c...

Mahadiya Hamza
June 20, 2019 4 min read

SriLankan Airlines to roll-over US$175mn bond

State-run SriLankan Airlines is to sell a 175 million US dollar bond to toll-over a similar sized issue that is maturing...

June 19, 2019 1 min read

SriLankan Airlines says govt-backed loans not defaulted, but extended

State-run SriLankan Airlines said it had not defaulted on loans backed by the government which the Treasury said it had ...

June 17, 2019 2 min read

SriLankan Airlines defaults on some state-backed loans

State-run SriLankan Airlines has defaulted on loans which have been backed by government, a Finance Ministry report has ...

June 15, 2019 2 min read

Hambantota positioned as Sri Lanka's multi-purpose port

A Chinese-managed Hambantota port on Sri Lanka’s south coast is being positioned as a multi-purpose port with fac...

June 12, 2019 2 min read
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