November 2, 2021
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5min
      Bangladesh’s only container ship owner and operator, HR Lines Limited, a Karnaphuli Company, has introduced two more vessels to its Colombo-Chattogram Express (CCE) service under agency of Clarion Shipping (Pvt) Limited, a subsidiary of Hayleys Advantis Limited. The two additional vessels: HR FARHA and HR AARAI, increases the frequency between Colombo, Sri Lanka […]

November 1, 2021
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6min
      Lanwa Sanstha Cement to commence operations in Jan – Intents to ease the current shortage Two agreements were signed between Lanwa Sanstha Cement Corporation (Pvt) Ltd & Hambantota International Port Group (Pvt) Ltd recently which allows Lanwa Sanstha Cement Plant in Mirijjawila Export Processing Zone to be connected with the Hambantota International Port […]

November 1, 2021
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5min
      An agreement was signed between Hambantota International Port Group (HIPG) and Lanwa Sanstha Cement Corporation Pvt. Ltd. to establish a conveyor belt and two ship unloaders within the port premises to handle and deliver raw materials required for their cement manufacturing plant at the Mirijjawila BOI zone. The agreement was formalized by […]

October 25, 2021
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6min
      A comprehensive promotional plan has been put in place by the Hambantota International Port Group (HIPG) to position the Port and its industrial zone as a haven of opportunity for setting up light industries. Many potential investors have been reached and discussions are ongoing for direct investment into the zone. HIPG’s expert […]

October 22, 2021
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4min
    Colombo International Container Terminals (CICT) has continued its winning streak on the global stage by winning the award for the ‘Best Container Terminal in Asia’ in the Under 4 million TEUs category for a record fifth consecutive year. The winner of this prestigious award was announced on Thursday 21st October at the 2021 […]

October 14, 2021
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4min
    Hambantota International Port launched its first integrated solid waste management initiative on Monday 11th on the Company Day of China Merchants Group (CMG), the parent company of CM Port. The initiative is a strategic approach to sustainably manage biodegradable solid waste. The process covers the source, generation, segregation, transfer, sorting, treatment, recovery and […]

October 11, 2021
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7min
      Colombo, Monday 11th October 2021: Navigating through the troubled times of pandemics and lockdowns SyTrans Global (Pvt) Ltd, a new-age logistics solutions company is changing the way the movement of cargo is carried out by introducing the latest technology to the industry. SyTrans is a fully-owned subsidiary of VirTrans Capital (Pvt) Ltd, […]

October 1, 2021
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4min
      An agreement was signed  on 30th September 2021 to jointly develop the Colombo West International Container Terminal (CWICT) of the Port of Colombo (POC). The   Build-Operate-Transfer (BOT) agreement worth more than USD 700  million is  the largest foreign investment  ever in the port sector of  Sri Lanka. The agreement was signed between […]

October 1, 2021
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4min
      We write with reference to our disclosure dated 15 March 2021 regarding the JKH investment in the development of the West Container Terminal-1 (WCT-1) in the Port of Colombo, as the local partner of Adani Ports and Special Economic Zone Limited (APSEZ). Pursuant to the receipt of the said LOI on 15 […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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