Category: Logistics
First blockchain trade in cotton from Texas to China
Oct 24, 2016 (LBO) – Australia’s Commonwealth Bank and Wells Fargo have used blockchain, the technology behind the digital currency bitcoin that can secure financial transactions, in the first global trade transaction involving a shipment of cotton. The shipment of cotton was from Texas to Qingdao in China — the trade involved an open account […]
Expo paves way for faster subcontinent cross border logistics
Oct 10, 2016 (LBO) – Expo Freight says it has achieved a significant milestone in cross border trade in the Indian subcontinent after a shipment for Marks & Spencer crossed over seamlessly to India from Bangladesh, following a trading agreement. This is the first occasion a truck carrying cargo was allowed to cross over to […]
JICA to help plan Kandy development with UDA
Oct 10, 2016 (LBO) – The Urban Development Authority of Sri Lanka and Japan International Cooperation Agency (JICA) will enter into technical cooperation to formulate the urban development environment of Kandy. JICA will support with detailed urban plans, urban design guidelines, regulations to protect heritage city areas, sustainable systems and strategic investment proposals to implement […]
Infrastructure: Friction free inter-agency cooperation key, says PUCSL DG
Sep 26, 2016 (LBO) – Sri Lanka needs mechanisms and skills to manage multiple agency involvement in order to ensure the proper and timely implementation of its planned mega infrastructure projects, a senior official said. buy augmentin online https://azimsolutions.com/wp-content/themes/wellness/inc/php/augmentin.html no prescription “There is multiple agency involvement in managing infrastructure projects. We have implementation agencies involvement […]
Summit: Office space in Colombo to quadruple with Port City
Sept 21, 2016 (LBO) – Sri Lanka’s capital Colombo office space will quadruple after the completion of the ongoing Port City development project, a Port City official said. online pharmacy buy doxycycline with best prices today in the USA Chief Marketing Officer of CHEC Port City Colombo, Liang Thow Ming, said the existing office space […]
Advantis extends port side logistics support to USS Frank Cable
Sept 06, 2016 (LBO) – Advantis Marine, the marine services arm of Hayleys Advantis Limited, said it has offered end-to-end port side logistics support to the USS Frank Cable (AS-40) submarine tender vessel during its recent refueling and port visit to Sri Lanka. online pharmacy buy spiriva inhaler with best prices today in the USA […]
SLT gets full landing status for SEA-ME-WE 5 in Matara
Aug 12, 2016 (LBO) – Telecommunications and ICT solutions provider, Sri Lanka Telecom PLC (SLT), says it has gained full landing status of SMW5 Cable Station in Matara. With this, Sri Lanka can offer the region “state-of-the-art global services provided through multiple international undersea cable systems,” SLT said in a statement. SLT’s International Backhaul Network […]
Expolanka Holdings top line grows 7 pct in June quarter
Aug 09, 2016 (LBO) – Expolanka Holdings, which operates in areas including logistics and leisure, said it recorded seven percent growth in revenue to 14. online pharmacy buy ivermectin with best prices today in the USA 96 billion rupees in the June quarter, which was a resilient performance amidst challenges. With its strategic shift towards […]
Megapolis Plan to be institutionalized through Parliament: Mawilmada
June 16, 2016 (LBO) – The proposed Western Region Megapolis Plan will be institutionalized through an act of Parliament, in order to make sure it remains intact as a stable ‘national policy’ said Nayana Mawilmada, Head of Investment of the 40 billion dollar Megapolis project. online pharmacy buy diflucan with best prices today in the […]
Sri Lanka Ports Authority calls EOIs to develop East Container Terminal
June 09, 2016 (LBO) – The Sri Lanka Ports Authority has invited expressions of interest to develop the East Container Terminal of the Colombo Port on a build operate transfer (BOT) basis. The terminal in its present form has a 440-meter long 18-meter deep quay wall, a 20-ha yard area and connected facilities developed by […]
Businesses consider co-working long-term solution, says Regus
June 09, 2016 (LBO) – Latest research by flexible workspace provider Regus shows that co-working is now considered a long-term option for businesses, instead of a temporary solution. Sharing an office space used to be seen as little more than a short-term answer for start-ups on a budget or entrepreneurs seeking company. However, of the […]
Colombo suburban railway electrification project to cost USD300mn
May 12, 2016 (LBO) – Colombo suburban railway electrification project phase one which initially focuses on 64 kilometers along Veyangoda – Panadura section will cost 300 million US dollars to implement. Energy consultant Dr. Tilak Siyambalapitiya speaking at a seminar said the project will support the modernization of the railway network in the Western Province […]