Development LNP - Construction of 4th car park commences in Colombo
The construction of the fourth car park has commenced at Abdul Kader Mawatha in Colombo 11 as part of a programme to construct 12 new car parks to ease traffic…
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$ 100 m Indian credit line to boost solar power in Sri Lanka
Development LNP - SL gets US $ 100mn Indian credit line for solar power generation
Sri Lanka inked a loan agreement amounting to US$ 100 million with India earlier today to increase the proportion of renewable energy sources to the national…
Development LNP - Athurugiriya highway, flyovers to ease traffic congestion in Kandy, Colombo unveiled today
Prime Minister Mahinda Rajapaksa to unveil the elevated highway project on the New Kelani Bridge to Athurugiriya, as well as the construction of flyovers to…
Development LNP - Colombo elevated highway project handed over to CHEC
The Cabinet approval was granted to award the contract for the construction of the elevated highway to Kelaniya New Bridge (NKB) via Rajagiriya connecting…
Development LNP - Phase 1 of Ruwanpura Expressway begins today
The construction work of phase 1 of the seventh expressway in the country named 'Ruwanpura Expressway (E-06)' will commence today, the Road Development…
Development LNP - GS Sports denies links to Namal’s project
GS Sports has denied any involvement with a project initiated by Sports and Youth Affairs Minister Namal Rajapaksa to establish 500 container crossfit gyms…
Development LNP - Two hydro power plants to generate electricity this year
Power Minister Dullas Alahapperuma yesterday said that two hydro power plants will generate power this year. He was speaking at an event in Tangalle. Minister…
Development LNP - COYLE marks celebratory hour with accent on driving development
Chief Guest Prime Minister Mahinda Rajapaksa graced the occasion at the COYLE anniversary celebrations following the 22nd AGM and appointment of the new…
Development LNP - JLANKA marks decade in solar electricity
JLANKA Technologies, Sri Lanka’s foremost innovators of energy sourcing solutions marked its 10-year anniversary this month, celebrating the company’s feat in…
Development LNP - New housing for squatters cost taxpayers’ Rs 500 mn
The government has allocated Rs 500 mn for relocating squatters who prevented the laying of new underground pipelines from the Colombo Port to the Kolonnawa…
Development LNP - CBSL foresees brighter growth prospects in 2021
Sri Lanka’s 2021 GDP growth prospects seem positive despite the economy contracting by 1.7 per cent and 16.3 per cent in the first and second…
Development LNP - Unauthorised constructions cannot be permitted within university premises – GL
Education Minister Prof. G.L. Peiris yesterday (11) said that monuments of any kind couldn’t be built within university premises under any circumstances…
Development LNP - Development activities have been implemented in every electorate, fulfilling the expectations of the people – Nimal Lanza
Nimal Lanza, State Minister for Rural Roads and Residual Infrastructure said that the present government has implemented development activities in every…
Development LNP - Softlogic Holdings’ topline records 9 per cent growth for 2QFY21
Extracts from Softlogic Holdings plc’s interim financial statements for the six months ended September 30, 2020 For a consumer-driven conglomerate impacted by…
Development LNP - Biden close to projected victory; Trump confident
Democratic candidate, Joe Biden, was leading in the US presidential race with several key battleground states being balanced on a razor’s edge, at the time…
Development Human development on course to decline this year for first time since 1990: UNDP
Global human development, which can be measured as a combination of the world’s education, health and living standards, could decline this year for the first…
Development UNDP’s HackaDev launches Innovation Challenge to crowdsource ideas for COVID-19 recovery
With the emergence of COVID-19 in Sri Lanka, the country has seen far reaching social and economic consequences affecting the livelihoods of many individuals.…
Development Construction in further quandary with govt. delaying release of due payments
By Shabiya Ali Ahlam The local construction sector is set to slump further with its pleas to the government to release due payments, which are in excess of…
Development Grace period to pay electricity bills- ministry
A grace period has been announced until March 31 to pay the electricity bills, the ministry of Power and Energy said. The consumers will not face disconnection…
Development A promotion instead of punishment!
This gabby politico vowed that once their party came to power, they would mete out proper punishment to all those khaki high-ups held accountable for the…
Development Construction work begins to launch CineCity Waterfront and Art Centre by 2020
Bringing in new hopes to the Sri Lankan cinema industry, construction work for Cinecity Waterfront and Art Centre commenced yesterday. Back in the day Pettah…
Development Western Province economic growth could be accelerated by 10% with MCC grant
The economic growth of the Western Province could be accelerated by 10 percent per annum with the implementation of the advanced traffic management system…
Development Investor interest wanes in Chalmers Granaries project
The second attempt in two years to attract investors to develop the nine-acre Chalmers Granaries land opposite the Fort railway station as a mixed development…