LNP - Pilot project to enable online traffic fine payments

2025-04-10   |   Development

Sri Lanka Police has launched a pilot project to enable motorists to pay traffic fines online, in a move aimed at streamlining the payment process and...

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LNP - Sri Lanka’s first cable car project to launch by year-end

2025-03-25   |   Development

Cable car projects that operate more than a kilometre between two mountains without any support are rare in the world. The Sri Lankan people will have...

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LNP - Sweet surge in growth for local confectioneries in early 2025

2025-03-10   |   Development

By NUZLA RIZKIYA Sri Lanka’s confectionery industry is experiencing some sweet growth as it on an upward trajectory this year, supported by improvi...

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LNP - Construction on second terminal at BIA will begin soon: Bimal

2025-03-07   |   Development

The work on the second terminal of the Bandaranaike International Airport (BIA) will begin this year, Minister of Aviation Bimal Ratnayke told Parliam...

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LNP - Govt. to woo top ten shipping liners in world for Colombo port expansion

2025-03-05   |   Development

The government will call for Expression of Interest (EOI) from the top ten shipping companies in the world next month for the expansion of the Colombo...

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LNP - Sri Lankans among migrants deported from US to Panama, moved to jungle region

2025-02-21   |   Development

A group of nearly 100 migrants deported from the U.S. to Panama last week, including Sri Lankans, has been moved from a hotel in the capital to the Da...

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LNP - Japan grants Rs. 565 million to ‘Clean Sri Lanka’ project

2025-02-07   |   Development

Under Japan’s Economic and Social Development Programme, a grant of 300 million Japanese Yen (approximately LKR 565 million) has been provided to pr...

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LNP - China expresses readiness to collaborate with Sri Lanka towards a new era of development

2025-01-15   |   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...

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LNP - Port City to break ground for Marina development on Friday

2025-01-07   |   Development

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...

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LNP - Two pilot traffic projects begin in Sri Lanka to improve road safety

2025-01-05   |   Development

In line with the Clean Sri Lanka project, the Sri Lanka Police has launched two traffic initiatives aimed at reducing accidents and easing congestion....

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LNP - Moody’s upgrades Sri Lanka’s rating to Caa1; outlook stable

2024-12-24   |   Development

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...

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LNP - Fitch upgrades Sri Lanka to ‘CCC+’

2024-12-21   |   Development

Fitch Ratings has upgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘RD’ (Restricted Default), citi...

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LNP - World Bank affirms all support projects in SL will continue uninterrupted

2024-12-06   |   Development

Parameswaran Iyer with President Dissanayake The World Bank Group this week affirmed that all ongoing World Bank-supported projects in Sri Lanka will ...

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LNP - Sri Lanka’s Mahima Herath wins third place in Australia’s Humanitarian Innovation Pitch

2024-10-18   |   Development

Mahima Pivithuru Herath, a postgraduate student at Griffith University from Sri Lanka has secured third place in the prestigious Humanitarian Innovati...

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LNP - Lanwa Sanstha’s opening next month to ease cement shortage, boost construction

2022-02-23   |   Development

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 ...

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LNP - BIA expansion project phase II begins tomorrow

2021-11-24   |   Development

The second phase of the expansion of the Bandaranaike International Airport (BIA) in Katunayaka will be officially declared open tomorrow (25 November...

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LNP - China offers to invest USD 800 million in renewable energy projects in Sri Lanka

2021-10-21   |   Development

The China National Energy Engineering and Construction Company Limited (CNEE), a Chinese state-owned energy conglomerate, has offered to invest USD 80...

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LNP - Comprehensive digitization project underway at BIA

2021-10-11   |   Development

The Bandaranaike International Airport, Katunayake (BIA) has implemented a comprehensive digitalizing project to facilitate a smooth flow of passenger...

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LNP - 2Q economic growth surges to 12.3% amid low base effect

2021-09-16   |   Development

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...

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LNP - Economic growth of 5% likely to be a reality: CBSL

2021-09-16   |   Development

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...

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LNP - MAGA begins construction of new housing complex at Malapalla

2021-09-08   |   Development

Maga Engineering has begun construction of a new 10-storey medium-rise housing complex as part of the Government’s Railway Efficiency Improvement Pr...

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LNP - SL signs Rs.61.5 billion loan with China Development Bank

2021-08-18   |   Development

China Development Bank and Sri Lankan Government has entered into an agreement of RMB 2 billion - approximately Rs. 61.5 billion Term Facility today,...

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LNP - MAGA undertakes design and construction of two key flyovers in Colombo 02

2021-07-28   |   Development

Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha. The pro...

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LNP - 57mn cubic meters sand required for development projects between 2021-25: Amaraweera

2021-07-19   |   Development

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...

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LNP - Construction of 4th car park commences in Colombo

2021-06-22   |   Development

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...

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