Ellipse Projects SAS France has been entrusted with the installation of 23 priority bridges in various parts of the island. This company will be supplying and fixing 23 priority bridges in selected areas with the objective of minimizing traffic congestion, highway accidents, as well as escalating vehicle monitoring costs. M/s Ellipse Projects SAS establishment in…
When the relation between information technology and the law is examined a little more closely, it is soon recognized that there is a gap in between that needs to be solved. Hence, the chairman of ICTA, believes that this gap needs to be resolved soon in order to have a knowledge-based society, sustained by a…
The port of Colombo hit another milestone by receiving the massive passenger vessel Artania on the 13th of February, 2020, and on her way to Pulau We, Indonesia on the 16th of February, 2020, carrying mostly German passengers who were keen to have an experience of a lifetime. This vessel operates under the German Shipping…
Like their counterparts around the world, Sri Lankan teenagers spend hours online on various social media platforms. Teenagers’ online usage habits have become a bone of contention with their parents, who naturally worry about their teenager’s safety online. Online Safety is an important conversation that you can share with your teenage kids, where both parents…
DFCC Bank has continued to aggressively pursue its role as a commercial bank by strengthening its core business, creating momentum in the industry with its constantly evolving best in class offerings and creating a culture of service amongst its people, Director/Chief Executive Officer, DFCC Bank, Lakshman Silva said. DFCC Bank, the largest entity within the…
Pays Rs 12.819 bn. as taxes to Government Impairment charges of Rs 11.3 bn. & DRL of Rs 2.5 bn. reduce profits Total assets top Rs 1.4 Trillion Deposits reach Rs 1.069 Trillion with 7.5% growth – best among peers The Commercial Bank Group ended 2019 with the performance milestone of gross income surpassing Rs…
Discuss market opportunities and investments in joint projects Belluna Co. Japan and Asia Capital PLC, the developers of 447 Luna Tower recently met with His Excellency, Prime Minister Mahinda Rajapaksa in Colombo, for a discussion which was focused on the current Sri Lankan market and economy. The participants engaged in a very positive discussion with…
Urban Revival Project has been inaugurated for providing the housing requirements of the people living in the colonies with the least facilities in the Colombo city. Steps are being taken to obtain US$ 200 million from Asian Infrastructure Facility Investment Bank for this project. Accordingly, the Cabinet of Ministers approved the proposal tabled by the…
The Government of Sri Lanka has decided to award a Rs.35 billion contract to Japan’s Taisei Corporation for the expansion of the Bandaranaike International Airport (BIA). Accordingly, the proposal submitted by the Minister of Tourism and Aviation was approved by the Cabinet of Ministers to award the contract related to the package ‘A’ of step…
SriLankan Airlines will be transformed into a profitable entity in the future that can contribute to the overall development of the country said the Chairman of SriLankan Airlines Ashok Pathirage. This was stated at the COPE committee meeting held on Wednesday (19) under the Chairmanship of MP Sunil Handunneththi at the Parliament Complex. “Our main…
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