Development Matara - Colombo Expressway fares to be reduced to Rs 460 from July 1
Commuters will benefit while the NTC will lose millions from July 1, 2018 when super luxury buses plying between Matara and Colombo on the southern expressway…
Development News
Development 
Development Port of Colombo clocks 2nd highest growth rate in the world
The Port of Colombo recorded a 16.2% growth in container handling for the 1st quarter of 2018 over the same quarter last year, according to Alphaliner Monthly…
Development World Bank withdraws US$ 200M waste projects due to corruption
The World Bank (WB) last month withdrew US$ 200 million in funds, which were earmarked for a garbage disposal project and Kelani River Flood Protection work,…
Development 
Development Southern Expressway grosses Rs. 105 mn during festive week
The Road Development Authority says that a revenue of Rs.105 million was generated from the Southern Expressway during the New Year Season from April 10 to 16.…
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…
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…
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…
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…
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…
Development SFHQ-J Extends Helping Hand Further & Opens KKS-Point Pedro Road for Public Transport
Adding one more historic moment to the ongoing process of reconciliation, ethnic harmony and infrastructure development in the North, Security Force…
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…
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…
Development Sri Lanka, China to co-build dendro power plant
Sri Lanka and China on Friday signed a joint venture agreement to construct Sri Lanka's largest dendro power plant in Moneragala in the country's south. The…
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…
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…
Development Highway network of Colombo to begin soon: PM
Construction work on a highway network designed to ease the traffic congestion in the Colombo City will begin soon, Prime Minister Ranil Wickremesinghe said…
Development Port City reclamation to be completed by 1Q - 2019
Close to 63 percent of the 269 hectares of land that would constitute the Port City Colombo, currently under construction has already been reclaimed from the…
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…
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…