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…
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…
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…
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…
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…
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….
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,…
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…
Colombo stock market closed lower on Thursday amid the political uncertainties. The bourse swung between gains and losses ahead of the special announcement by the President. Main index reached 7,126 mark in the morning hours but failed to maintain the positive momentum to decline marginally by 2.74 index points or 0.04% to end at 7,114.39….
SriLankan Airlines, in a ground breaking initiative has introduceda knowledge management system, one of the first in the corporate sector in Sri Lanka; branded as yoULink and themed—“connect,collaborate, share and learn.” yoULink is a knowledge portal, a type of knowledge management system that strives to provide a ‘one-stop knowledge shop’, which is a single point…
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