LNP - Softlogic Holdings’ topline records 9 per cent growth for 2QFY21

2020-11-18   |   Development

Extracts from Softlogic Holdings plc’s interim financial statements for the six months ended September 30, 2020 For a consumer-driven conglomerate i...

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LNP - Biden close to projected victory; Trump confident

2020-11-06   |   Development

Democratic candidate, Joe Biden, was leading in the US presidential race with several key battleground states being balanced on a razor’s edge, at...

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Human development on course to decline this year for first time since 1990: UNDP

2020-05-21   |   Development

Global human development, which can be measured as a combination of the world’s education, health and living standards, could decline this year for ...

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UNDP’s HackaDev launches Innovation Challenge to crowdsource ideas for COVID-19 recovery

2020-05-18   |   Development

With the emergence of COVID-19 in Sri Lanka, the country has seen far reaching social and economic consequences affecting the livelihoods of many indi...

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Construction in further quandary with govt. delaying release of due payments

2020-04-26   |   Development

By Shabiya Ali AhlamThe local construction sector is set to slump further with its pleas to the government to release due payments, which are in exces...

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Construction work begins to launch CineCity Waterfront and Art Centre by 2020

2019-10-07   |   Development

Bringing in new hopes to the Sri Lankan cinema industry, construction work for Cinecity Waterfront and Art Centre commenced yesterday. Back in the day...

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Western Province economic growth could be accelerated by 10% with MCC grant

2019-09-24   |   Development

The economic growth of the Western Province could be accelerated by 10 percent per annum with the implementation of the advanced traffic management sy...

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Investor interest wanes in Chalmers Granaries project

2019-07-18   |   Development

The second attempt in two years to attract investors to develop the nine-acre Chalmers Granaries land opposite the Fort railway station as a mixed dev...

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Oman reiterates commitment to Hambantota refinery project

2019-05-08   |   Development

Omani Oil and Gas Minister Dr. Mohammed Hamed Al Rumhy has reiterated Oman Oil Company’s firm interest to take part in the Hambantota oil refinery p...

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IMF says materialising of key global risks could upset growth of emerging Asia

2019-04-12   |   Development

Washington DC Although the growth in emerging markets and developing economies is expected to stabilise around 5 percent, the International Monetary F...

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