The government is to offer an extent of 100 perches from the land in close proximity to the Katunayake International Airport at Katana in the Gampaha District identified as Kahadiyawala Watta, to the Department of Immigration and Emigration to establish a transit centre to hold foreigners overstaying their visas in Sri Lanka. This land had…
World Cup winning Sri Lanka cricket captain better known as ‘Captain Cool’ and incumbent Minister of Ports and Shipping Arjuna Ranatunga has proposed a Naval Dockyard to be established within the Hambantota Port. Steps are being taken to prepare streamlined plans and also undertake necessary feasibility studies for the construction of such a dockyard.
The first phase of the Central Expressway, from Colombo to Kandy has begun with the construction of the five kilometre stretch from Kadawatha to Meerigama. Its preliminary construction work has already commenced, says the government. Approval has been granted to award the contracts for the construction of the 32.5 kilometre stretch from Kossinna according to…
Colombo stocks rose Thursday, pushing the ASI back above 7,200 for the first time in eight weeks, ahead of the monthly monetary policy review. Benchmark index climbed 12.99 index points or 0.18% to close at 7,212.62, while 20-scrip S&P SL index edged up marginally by 3.38 index points (-0.08%) to close at 4,041.21. Index gain…
Twenty five aspiring Sri Lankanentrepreneurs, chosen from 100 candidates with ideas for potentially game-changing technology startups, have embarked on the 2015 MIT Global Startup Lab (GSL)programme in Sri Lanka conducted by the Massachusetts Institute of Technology (MIT) in partnership with leading apparel manufacturer Brandix and WSO2, a leader in enterprise middleware. Four MIT instructors are…
Sri Lanka’s tea exports have faced massive setbacks due to the crisis situations in Russia and the Middle East. After declining for eight consecutive months, during May 2015 Sri Lanka’s tea exports have fallen by 12.1 per cent as compared to May 2014 reveals the latest data released by the Central Bank of Sri Lanka….
Facebook has become one of the highest-valued companies in the world after a stock surge saw it leapfrog General Electric to join the ranks of the top ten companies on the S&P stock market index. And quietly, in the process, its founder Mark Zuckerberg has become the ninth richest person in the world. Zuckerberg leap-frogged…
Husein N. Esufally has been appointed as Deputy Chairman/Non-Executive Independent Director and Manamalabaduge Saman Jude Fernando as Executive Non-Independent Director/Chief Executive Officer of Janashakthi Insurance PLC with effect from 22 July, 2015. Below are their brief resumes:
IronOne Technologies has announcedthe launch of ‘ATrad Mobile’ for busy investors to access the Colombo Stock Exchange for real-time market information, and to trade securely via their smartphones. ‘ATrad Mobile’ has easy to use stock trading features and capabilities that allow clients to securely trade stocks, track and manage portfolios and market movements, as well…
Sri Lanka Tourism Development Authority Chairman Paddy Withana joined adaderanabiz.lk for an exclusive discussion and revealed the latest plans to develop Sri Lanka’s tourism industry. This is the complete video discussion:
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