An Echelon Media Company
Thursday June 20th, 2024

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

Sri Lanka seeks investors to develop historic Galle Port in US$175mn PPP

The project involves deepening the port and building a new breakwater

September 22, 2021 1 min read
China attempts to prove its close cooperation with debt defaulted Sri Lanka

"We are always "providing free charcoal in the snow" instead of "collecting rented-umbrellas in the rain", - CMG chief

Sri Lanka screens cruise ships for Coronavirus

Sri Lanka is screening passengers arriving in cruise ships as coronavirus infected persons were found on a liner in Japa...

February 6, 2020 3 min read

Sri Lanka East Terminal to operate in three months

Sri Lanka's government will make the Eastern terminal of the Colombo Port operational within 3-months, says Daya Ratnaya...

January 28, 2020 2 min read

Sri Lanka eyes tanks in China-run port to store fuel buffer stock

Sri Lanka's Minister for Power and Energy, Mahinda Amaraweera has asked officials to start talks with a Chinese company ...

January 16, 2020 1 min read

China terminal handles 40-pct of Sri Lanka's Colombo port box volume

Colombo International Container Terminals (CICT) said it handled 2.9 million TEUs (20-ft equivalent units) in 2019, an 8...

December 31, 2019 2 min read

Marella Discovery cruise liner calls on Colombo

Marella Discovery, the largest super-luxury ship of the Marella fleet, called on Colombo Port to boost Sri Lanka's touri...

December 30, 2019 2 min read

Sri Lanka seeking SAGT-style deal for Colombo's East terminal: PB Jayasundera

Sri Lanka is encouraging a build operate transfer style deal for Colombo's East terminal which may require over 500 mill...

December 20, 2019 2 min read

Sri Lanka to get private investors for West terminal in Colombo

Sri Lanka will attract private investment into a planned West container terminal and study the feasibility of a 'cross-b...

December 15, 2019 1 min read

Sri Lanka's Hambantota port sees more vehicle transshipment

Sri Lanka's Hambantota Port, operated joint venture with China's CM Ports said it is seeing higher volumes of vehicle tr...

December 5, 2019 1 min read

Sri Lanka's Colombo container volumes up 5.1-pct in Sept 2019

Sri Lanka's Colombo Port has handled 604,400 container in September 2019, up 5.1 percent from a year earlier, with weak ...

November 24, 2019 1 min read

Sri Lanka's Hambantota Port, vocational outfit train youth for harbour jobs

The Chinese-run Hambantota International Port (HIP) in southern Sri Lanka said it has tied up with a vocational training...

November 20, 2019 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.6453 3.5932
Korea Won 0.2342 0.2292
Oman Rial 780.3569 769.4973
Saudi Riyal 80.1114 78.9849
UAE Dirham 81.7952 80.6569
Source: Central Bank/Indicative
pts %
S&P SL20 2,573.80 1.00%
CSE All Share 9,073.41 0.65%
Turnover Rs million 1,591,766,524.95 1,029,335,694.32
Source: CSE
Latest Last
3-m bill 21.72 21.79
6-m bill 19.55 20.31
12-m bill 17.72 19.28
5-yr bond 21.00 22.53
8-yr bond 19.42 20.55
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Expolanka in Rs830mn Sept quarter loss

Sri Lankan logistics group Expolanka Holdings lost 830 million rupees in the September 2019 quarter compared with a prof...

November 7, 2019 1 min read

Costa Cruises begins Indian Ocean fortnightly cruises to Sri Lanka

Italy-based Costa Cruises has kicked of the first of a series of fortnightly cruises to Western India, Maldives and Colo...

November 7, 2019 1 min read

Sri Lanka's Ceyline group to buy bulk carrier

Ceyline Holdings, a diversified Sri Lankan maritime business group, plans to get into ship owning with the acquisition o...

November 6, 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's Hambantota port in deal with NYK to tranship vehicles

Hambantota International Port Group (HIPG) said it recently entered into an agreement with Japanese shipping conglomerat...

October 17, 2019 2 min read

Sri Lanka hub status grows despite direct mainline calls to Indian ports

Sri Lanka's Colombo port status as a container hub is growing despite shipping lines making direct calls to Indian ports...

October 9, 2019 2 min read

Sri Lanka's Hambantota port says how automation, new system improved business

A new terminal handling system and moves towards automation has helped Sri Lanka's Hambantota port improve business, a s...

October 7, 2019 2 min read

Sri Lanka to buy fourth gantry crane from China's Zhenhua

State-run Sri Lanka Ports Authority has been cleared to buy a fourth gantry crane from China's Shanghai Zhenhua Heavy In...

September 26, 2019 1 min read

Sri Lanka's Colombo transshipment shrink as India imports plunge

Container transshipment volumes at Colombo Port in Sri Lanka contracted 2.9 percent in July 2019 from a year earlier to ...

September 24, 2019 1 min read

Sri Lanka's Mercantile Shipping to sell ships for Rs1.8bn to repay debt

Sri Lanka's Mercantile Shipping Company is to sell two cargo ships owned by a subsidiary, Mercantile Emerald Shipping (P...

September 20, 2019 1 min read
1 24 25 26 27 28 32