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Posts Tagged ‘income’


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News Briefs 2008-12-22

Tuesday, December 23rd, 2008

Colombo to Anuradhapura in three hours
The Railway Department has successfully trial run a Class S10 DMU between Colombo Fort and Anuradhapura in just three hours. The trail run that was conducted on the 17th of December was intended to test the railway tracks that were renovated from the fifth to the 15th of this month. [...]

Sri Lanka Government Railways nears 150th anniversary

Sunday, December 21st, 2008

December 27 is a red letter day for the railway in Sri Lanka. On this day in 1964, Sri Lanka Railway celebrated its centenary. Now the railway is 144 years old. It was on this day in 1864 that the first train steamed out from Colombo to Ambepussa.
The railway has come a long way since. [...]

Train and bus fares should be compatible

Monday, May 26th, 2008

As the latest fuel price increase came into effect on Sunday, the Railways Department called for an immediate and substantial increase in train fares to offset massive losses which would have a detrimental impact on the national economy.
Railways General Manager Dr. T. Lalithasiri Gunaruwan said the department had been running at a staggering loss even [...]

Opinion – Railway losses

Friday, March 7th, 2008

On 20.02.08 there was a news item in “The Island” in which, the Minister of Transport has said that the Railways annual income had been only 2.5 billion rupees while the expenditure had reached 10 billion rupees. It further says that the deficit of 7.5 billion rupees had to be covered by a grant from [...]


2010: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2007: Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec