LNP - China expresses readiness to collaborate with Sri Lanka towards a new era of development
The People’s Republic of China has played a vital role in the social and economic development of Sri Lanka for decades, President Anura Kumara Dissa...
Read More
LNP - Port City to break ground for Marina development on Friday
The Port City, Colombo on Friday will break ground for its Marina development, which is tipped to be a key value proposition boosting business and att...
Read More
LNP - Two pilot traffic projects begin in Sri Lanka to improve road safety
In line with the Clean Sri Lanka project, the Sri Lanka Police has launched two traffic initiatives aimed at reducing accidents and easing congestion....
Read More
LNP - Moody’s upgrades Sri Lanka’s rating to Caa1; outlook stable
Global rating agency, Moody’s yesterday upgraded the Government of Sri Lanka’s Long-Term Foreign Currency Issuer Rating to Caa1 from Ca. The outlo...
Read More
LNP - Fitch upgrades Sri Lanka to ‘CCC+’
Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default), citi...
Read More
LNP - World Bank affirms all support projects in SL will continue uninterrupted
Parameswaran Iyer with President Dissanayake The World Bank Group this week affirmed that all ongoing World Bank-supported projects in Sri Lanka will ...
Read More
LNP - Sri Lanka’s Mahima Herath wins third place in Australia’s Humanitarian Innovation Pitch
Mahima Pivithuru Herath, a postgraduate student at Griffith University from Sri Lanka has secured third place in the prestigious Humanitarian Innovati...
Read More
LNP - Lanwa Sanstha’s opening next month to ease cement shortage, boost construction
Lanwa Sanstha Cement Corporation Ltd., a state-of-the-art cement manufacturing facility that is expected to be one of the region's largest, is set to ...
Read More
LNP - BIA expansion project phase II begins tomorrow
The second phase of the expansion of the Bandaranaike International Airport (BIA) in Katunayaka will be officially declared open tomorrow (25 November...
Read More
LNP - China offers to invest USD 800 million in renewable energy projects in Sri Lanka
The China National Energy Engineering and Construction Company Limited (CNEE), a Chinese state-owned energy conglomerate, has offered to invest USD 80...
Read More
LNP - Comprehensive digitization project underway at BIA
The Bandaranaike International Airport, Katunayake (BIA) has implemented a comprehensive digitalizing project to facilitate a smooth flow of passenger...
Read More
LNP - 2Q economic growth surges to 12.3% amid low base effect
Sri Lanka’s economy grew robust 12.3 percent in the second quarter of 2021 despite the COVID-19 virus-induced restrictions on economic activities si...
Read More
LNP - Economic growth of 5% likely to be a reality: CBSL
The government yesterday sounded upbeat on the possibility of Sri Lanka achieving an economic growth of 5 percent in 2021. The Central Bank of Sri Lan...
Read More
LNP - MAGA begins construction of new housing complex at Malapalla
Maga Engineering has begun construction of a new 10-storey medium-rise housing complex as part of the Government’s Railway Efficiency Improvement Pr...
Read More
LNP - SL signs Rs.61.5 billion loan with China Development Bank
China Development Bank and Sri Lankan Government has entered into an agreement of RMB 2 billion - approximately Rs. 61.5 billion Term Facility today,...
Read More
LNP - MAGA undertakes design and construction of two key flyovers in Colombo 02
Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha. The pro...
Read More
LNP - 57mn cubic meters sand required for development projects between 2021-25: Amaraweera
With the scheduled 13 development projects between 2021 and 2025, a total volume of 57 million cubic meters of sand will be required, Environment Mini...
Read More
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 eas...
Read More
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 connec...
Read More
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...
Read More
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...
Read More
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 K...
Read More
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 ...
Read More
Popular News
