DHL invests US$ 2.5m on colombo office:

Visiting CEO sees significant economic boom in Sri Lanka

SRI LANKA is on its way to achieve a significant economic boom within the next few years, predicted Chief Executive Officer of DHL Express Asia Pacific, Scott Price. Price who is in Sri Lanka as a part of the DHL 25th anniversary said the present political conditions are very favourable for economic development.

Full Story

Passenger traffic growth slows, freight remains flat - IATA

THE International Air Transport Association (IATA) released industry traffic results for the first 10 months of 2005 showing a weakening trend for both cargo and passenger traffic. October passenger traffic grew 6.0% compared to the same month in the previous year.

Full Story