Friday, September 17, 2021

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Japan agrees to finance LRT for Colombo

July 30 - Japan has agreed to provide concessional funding to build a Light Rail Transit (LRT) system in Sri Lanka’s proposed Megapolis plan, with the initial section to be elevated and the rest at ground level, the EconomyNext reported. The two governments have agreed to expedite the detailed technical feasibility in order to initiate the physical implementation of the...

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Bangladesh, Nepal to begin direct flights to Colombo

July 27 (NIA) - The national carriers from Bangladesh and Nepal will begin direct flights to the Sri Lankan capital, Colombo from this year in a bid to increase air connectivity to Sri Lanka, Director General of Civil Aviation H. M. C. Nimalsiri said on Wednesday. Bangladesh’s Biman Airlines and Nepal’s Himalayan Airlines will fly to Sri Lanka by the end...

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Sri Lanka to revise electricity price twice yearly from 2017

July 26 - Sri Lanka plans to revise electricity tariffs every six months starting from April 2017, in a bid to maintain cost-reflective pricing, the country's power regulator said. The government has given the go ahead to revise power tariffs every April and October, director General of Sri Lanka's Public Utility Commission Damith Kumarasinghe told a forum in Colombo. Sri...

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