Colombo Port City

Sri Lankan President Ranil Wickremesinghe issued an extraordinary gazette on Saturday, revoking last week's order that declared several key locations in Colombo as high security zones, after sustained pressure from the Opposition and country's human rights watchdog condemning his move. On September 23, Wickremesinghe declared the Parliament, Supreme Court complex and the President's Secretariat among others as high security zones, and banned any kind of protest or agitation near its premises. The move, which many see as a throwback to the restrictions imposed during the Liberation Tigers of Tamil Eelam (LTTE) days that saw suicide explosions at such key locations, prevents even the parking of cars near the vicinity of key government buildings. By gazette number 2299/71 dated today, President Wickremesinghe states that he was revoking the said order, according to an extraordinary gazette notification issued by the Presidential Secretariat on Saturday. In a notification issued on ...

Company says it remains focused on completing project in expeditious manner

A massive protest against the Sri Lankan government, and particularly the Rajapaksa family has been going on in the Galle Face Green area of Colombo for many days

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000 per visit to a fuel station

The political and economic uncertainties in Sri Lanka and the congestion at the Colombo port are forcing more ships to turn towards Indian ports in recent months.

The island of 22 mn people is struggling with rolling blackouts for up to 13 hours a day because the govt does not have enough foreign exchange for fuel imports

President Gotabaya Rajapaksa's government said it will begin talks next month with the International Monetary Fund for assistance

Colombo Port City: Sri Lanka's economic game changer

Sri Lanka is going through its worst economic crisis. But the Colombo Port City can be 'a game changer', says Saliya Wickramasuriya, Director General of the project, in a chat with Aditi Phadnis

TMS Ep127: Price rise, Colombo Port City, markets, IMPS

Will Russia Ukraine war driving up prices of everything? Can Colombo Port City be Sri Lanka's economic game changer? Hawkish Fed to cast a shadow on markets this week? What is IMPS? All answers here

India's Adani Group on Thursday sealed a deal with the state-owned Sri Lanka Ports Authority (SLPA) to develop and run the strategic Colombo Port's Western Container Terminal.

The X-Press Pearl reported an onboard acid leak and caught fire just as it was due to enter the Colombo harbour on May 20. The fire was put out only after 13 days.

India's interest to participate in the Colombo port project is a long standing one, MEA said

India on Monday asked all sides to abide by the existing understandings and commitment of a trilateral agreement involving Sri Lanka and Japan to develop the strategic Colombo Port's ECT

Mendis hit a 74-year-old man, killing him in the wee hours, in the Colombo suburb of Panadura

China has so far invested $700 million and have provided jobs to 4,000 Sri Lankan citizens related to the project

India has expressed some concerns over the $1.5 billion Colombo Port city project which is to be built by China

Sri Lankan Prime Minister Ranil Wickremesinghe said that he did not foresee conflict between India and China in the Indian Ocean