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Development News

ONUR to implement Rs. 500 million worth irrigation project in the North and East Development

ONUR to implement Rs. 500 million worth irrigation project in the North and East

The Office for National Unity and Reconciliation (ONUR) in partnership with the Department of Agrarian Development is planning to implement its annual Minor…

02 Apr 2018
2017 sinks to slowest economic growth in 16 years Development

2017 sinks to slowest economic growth in 16 years

Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; industry grows by 3.9%, services by…

21 Mar 2018
Suspended Tambuttegama Drinking Water Project The battle for water Development

Suspended Tambuttegama Drinking Water Project The battle for water

The recent protest over the Rs 18 billion Rajanganaya Tank Pipe Borne Drinking Water project to Tambuttegama in the 'Raja Rata' dry zone is not due to fears…

05 Mar 2018
MORAGAHAKANDA-KALUGANGA PROJECT: DRINKING WATER FOR NORTHERN PEOPLE Development

MORAGAHAKANDA-KALUGANGA PROJECT: DRINKING WATER FOR NORTHERN PEOPLE

Moragahakanda reservoir will transfer the much needed water for agriculture and drinking water purposes to the dry zone areas of the North Central and Northern…

22 Feb 2018
Unregulated development in Wilpattu Development

Unregulated development in Wilpattu

Under guise of religious annual feast CA issues notice on Wildlife Conservation Department The Court of Appeal yesterday issued notices on the Department of…

07 Feb 2018
Seven decades of post independent economic under development Development

Seven decades of post independent economic under development

We complete seventy years of independence next week and enter the 71st year after regaining independence. The country has progressed, but not as much as her…

30 Jan 2018
Construction of Kerawalapitiya LNG Power Plant Development

Construction of Kerawalapitiya LNG Power Plant

Political pressure blocks tender award. The Tender Procedure for the construction of a 300MW Liquid Natural Gas (LNG) Power Plant, to be built in…

22 Jan 2018
China offers best chance for SL development: CB Development

China offers best chance for SL development: CB

Central Bank Governor believes China offers unparalleled opportunities for SL Says pending FTA, Belt and Road Initiative sets platform for stronger trade…

17 Jan 2018
Huge Korea-backed project for 1m tons of LNG a year Development

Huge Korea-backed project for 1m tons of LNG a year

Experts question Swiss Challenge method for massive annual contract; best price terms cannot be obtained The Government will open for procurement under the…

14 Jan 2018
India provides Rs. 6.9 bn to upgrade KKS Harbour Development

India provides Rs. 6.9 bn to upgrade KKS Harbour

India provides US $ 45.27 million (LKR 6.9 billion) to upgrade Kankesanthurai (KKS) Harbour and the agreement in this regard was signed on January 10 in New…

12 Jan 2018
CB targets 5%-5.5% growth for 2018 Development

CB targets 5%-5.5% growth for 2018

Economy stabilising, growth to rebound says Governor during Road Map launch Governor likens economy to recovering alcoholic, insists fiscal consolidation and…

04 Jan 2018