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Will Right to Information Act prevent Sri Lanka's economic data being revealed?

Since there are risks of a situation being created where important economic data that the country has to be aware of being limited through the proposed Right to Information Act, sharp attention has to be drawn towards this issue, say analysts. Cabinet approval has been granted to the draft Right to Information Act to be…

(0)Comments | April 25, 2015 3:40 pm

New tourism circuit with Sri Lanka

Kerala Tourism has decided to form a new tourism circuit with Sri Lanka to tap tourists arriving in the island nation for an extended holiday here. The decision is on the basis of the discussions Minister for Tourism A.P. Anil Kumar, who is leading an official delegation to Sri Lanka on a two-day visit to…

(0)Comments | April 25, 2015 2:16 pm

Bibile sugar development project ready

The government is preparing to launch the ‘Bibile Sugar Development Project’ through which a farmer household could earn a monthly income of Rs. 60,000 to 80,000. The main project is to grow sugar cane for sugar production at Rideemalayadda in the Badulla district, in the Padiyathalawa and Mahaoya Secretariat Divisions of the Ampara district and…

(0)Comments | April 24, 2015 10:02 pm

Colombo stocks wrap weekly operations on mixed note

Colombo equities market wrapped the weekly operations on a mixed note ahead of the 19th amendment to the constitution to be presented in the parliament on Monday (27th April 2015) with the support of the majority of the political parties. Main index advanced to 7,144 mark in opening hours but failed retain the momentum where…

(0)Comments | April 24, 2015 5:25 pm

Switzerland is 'world's happiest' country in new poll

The land of clocks and chocolates is the world’s happiest country, according to a new survey. Switzerland topped the third annual World Happiness index produced by the Sustainable Development Solutions Network (SDSN), an initiative under the United Nations. It was closely followed by Iceland, Denmark, Norway and Canada. Togo, Burundi, Benin and Rwanda, with civil-war…

(0)Comments | April 24, 2015 4:42 pm

Cinnamon Hotels & Resorts powers its way into the 25 most valuable brands listing

In a historic achievement, Cinnamon Hotels & Resorts was anointed the No. 1 Emerging Brand in Sri Lanka and also ranked 23rd with a brand value of Rs. 4.9 billion in the Most Valuable Brands list released by Brand Finance recently. This accomplishment marks the first time Cinnamon Hotels & Resorts has made it to…

(0)Comments | April 24, 2015 1:53 pm

Contentious issue of Palk Strait fishing: can we learn from India’s own policy?

Authored by Mr. Bernard Goonetilleke, Former Secretary Ministry of Foreign Affairs and the Chairman of the Pathfinder Foundation– The spirit of good neighbourliness is a cherished attribute particularly when nations share natural resources. Legal experts at the UN developed draft principles on shared natural resources, which were adopted by the UN General Assembly in 1979…

(0)Comments | April 24, 2015 11:47 am

Japan joins to improve Sri Lanka’s power distribution network

The government is preparing to develop and increase the efficiency of Sri Lanka’s power generation and distribution network through a loan from the Japan International Cooperation Agency (JICA). Sri Lanka’s power and energy requirements continue to rise by about 05 to 07 per cent annually and this would continue further with the island’s economic development….

(0)Comments | April 24, 2015 11:33 am

Lankan chemical giant making a comeback

The quality and safety of Sri Lankan water supplies are will be elevated to new levels once the country’s pioneering industry supplier starts producing the country’s total chlorine requirements domestically-and in view of this, the chlorine supplier, an industry pioneer in the country, has acquired a new, fortified storage facility in par with international standards,…

(0)Comments | April 24, 2015 9:48 am

Colombo city development project prepared in 2004 to the fore again

The government is preparing to update the Western Zone Development Plan prepared in 2004 to develop the Greater Colombo area and the Western Zone and embark on the next stage of implementing it. Cabinet approval has been granted to a proposal by Prime Minister Ranil Wickremesinghe in this regard. This proposal is to make transform…

(0)Comments | April 23, 2015 6:10 pm

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