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Sri Lanka to remove heavy industry monopoly in Trincomalee port

Ports agency has around 2000 hectares which could be developed

October 19, 2021 1 min read

No hazardous chemicals in Liberian vessel that called on Colombo Port: official

Officials said the vessel is a frequent caller at Colombo, but this time it was on its way to Europe.

October 5, 2021 2 min read

Sri Lanka's JKH to invest US$70mn for 34-pct West Terminal

The debt funding for the project has been secured

September 30, 2021 1 min read

SriLankan Airlines starts IATA Travel Pass for Covid-19 tested flying

Pre-flight test results, vaccination certificates added to the travel pass

September 26, 2021 2 min read
Tea
Sri Lankan fuel, containers truckers reduce fares after diesel price cut

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

Tea
Sri Lanka establishes committee to investigate aircraft incidents

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

Sri Lanka Railways gets container, oil wagons

ECONOMYNEXT - Sri Lanka Railways has taken delivery of the first batches of new container carrier wagons and oil wagons ...

May 16, 2019 1 min read

Sri Lanka’s CICT invests in dangerous goods storage facility

ECONOMYNEXT – Sri Lanka’s Colombo International Container Terminal (CICT) said it has opened a Dangerous G...

May 14, 2019 2 min read

Sri Lanka airport security to get more passenger friendly: official

Draconian security measures at Sri Lanka's Bandaranayake International Airport (BIA) in Katunayake after Easter Sunday b...

May 10, 2019 3 min read

New traffic plan at Sri Lanka’s Bandaranaike International Airport

ECONOMYNEXT – A new traffic plan has been put in place at Sri Lanka’s Bandaranaike International Airport t...

May 9, 2019 1 min read

New air cargo terminal at Sri Lanka’s Bandaranaike International Airport

ECONOMYNEXT – The Sri Lankan government has approved plans to build another air cargo terminal at the Bandaranaik...

May 8, 2019 1 min read

SriLankan Airlines hires expat as Chief Commercial Officer

ECONOMYNEXT - SriLankan Airlines has appointed Joshua Bustos, an expatriate with experience in other airlines, as its Ch...

May 7, 2019 2 min read

Easter Sunday bombings expose stresses in Sri Lanka retail supply chains

ECONOMYNEXT - Sri Lanka's supermarket supply chains are under stress after the Easter Sunday bombings with labour shorta...

Tania Madies
May 7, 2019 3 min read

Sri Lanka's Mattala airport use halves in 2018

Sri Lanka's Mattala international airport has seen aircraft movements halve to 709 in 2018, or less than one landing and...

May 4, 2019 1 min read

Sri Lanka Ports Authority profits down in 2018 amid higher forex losses

ECONOMYNEXT – Pre-tax profits at state-run Sri Lanka Ports Authority fell 27.5 percent to 8.7 billion rupees in 2...

May 3, 2019 1 min read

Sri Lanka's Hambantota Port signs deals with vehicle carriers

ECONOMYNEXT - Hambantota International Port Group (HIPG) said it has signed Terminal Service Agreements (TSAs) with top ...

May 2, 2019 2 min read
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US Dollar 305.1018 305.3339
UK Pound 386.9523 387.2371
Euro 330.8712 332.1141
Aus Dollar 201.0018 201.4980
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today yesterday
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Sri Lanka road investments slow to yield economic expansion: Central Bank

ECONOMYNEXT – Despite big investments in building roads with the aim of improving connectivity in Sri Lanka, the ...

April 29, 2019 2 min read

Sri Lanka car imports recover in March but below last year’s level

ECONOMYNEXT – Sri Lankan car registrations recovered in March 2019 to 2,961 units, up from 2,347 units in Februar...

April 29, 2019 1 min read

Sri Lanka bans drones after suicide bombings

ECONOMYNEXT – Sri Lanka’s civil aviation authority has banned flying of pilotless aircraft including drone...

April 25, 2019 1 min read

Sri Lanka restricts parcels on buses, trains after suicide bombings

ECONOMYNEXT – Sri Lanka’s public transport authorities said they will impose restrictions on carrying parc...

April 23, 2019 1 min read

Security beefed up at Sri Lanka's Colombo airport

Security at Sri Lanka's main airport in Katunayake has been heightened following a series of explosions across the count...

April 21, 2019 1 min read

Sri Lanka's Colombo airport temporarily closed over bad weather

Sri Lanka's main airport in Katunayake faced a temporary closure Wednesday evening due to adverse weather, an official s...

April 17, 2019 1 min read

Flight diverted to Sri Lanka's Matttala airport over bad weather

Severe bad weather over Katunayake has led to divertion of aircraft from Colombo to Mattala in Hambantota.

April 17, 2019 1 min read

China's Sinopec to operate Sri Lanka's Hambantota oil tank farm

China's Sinopec Fuel Oil Sales Co. Limited (SFO) has won a tender to operate a bunker oil tank farm in the Hambantota Po...

April 17, 2019 3 min read

Sri Lanka Ports Authority to buy more cranes

ECONOMYNEXT – Sri Lanka Ports Authority (SLPA) is to buy three Ship to Shore (STS) cranes from China under the ex...

April 11, 2019 2 min read

Capital Trust launches Taxiya after acquiring ride hailing firm

Sri Lanka based Capital Trust Holdings said it is launching a ride-hailing app branded Taxiya, after acquiring an existi...

April 6, 2019 1 min read
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