Korea to develop mono rail system
US $ 500 m project in two stages:
A leading Korean bluechip company is to invest in
Sri Lanka on developing several railway lines in Greater Colombo.
This railway system is known as Mono Rail Transport (MRT). The US $
500 million project will commence work in two stages.The first stage
includes construction of a railway line from Colombo Fort to Mount
Lavinia.
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DHL launches new direct LCL services
Direct services shorten transit time:
DHL, the world’s leading logistics company,
announced the launch of a direct Less than Container Load(i) (LCL)
services from Colombo and Singapore to Koper, Slovenia, enhancing
its connectivity between the South Asia Pacific and Eastern Europe.
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To enhance productivity, efficiency:
SEC, brokers iron out nagging issues
The Securities and Exchange Commission (SEC) and
stock brokering companies held discussions to find ways and means to
enhance productivity and efficiency of the Colombo Stock Exchange (CSE)
last week.
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