A money guzzling road project!

2019-03-05   |   Development

The development work on a proposed five-kilometre four-lane- stretch of a road in the main city being represented by a leading politico, taken on hand...

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PM inaugurates construction work of Bingiriya EPZ

2019-03-05   |   Development

The construction work of the Export Processing Zone (EPZ) in Bingiriya was inaugurated by Prime Minister Ranil Wickremesinghe together with Minister o...

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Dialog invests Rs. 30.6 bn for broadband infrastructure

2019-02-20   |   Development

Dialog Axiata PLC has recorded a consolidated revenue of Rs 109.2 billion, demonstrating a growth of 16% Year-to-Date (YTD) for the year ended Decembe...

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Planning to do the somersault with a big bang!

2019-02-06   |   Development

The action taken by this politico from an area North of the hill country sacred city to convene a special meeting of the party’s electorate Bala Man...

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National Govt. proposal made to House to accelerate development process - Kiriella

2019-02-05   |   Development

The proposal to form a National Government and increase the number of Ministers was made to Parliament with the objective of obtaining the participati...

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Panasian Power continues ‘success streak’ with 452% growth in PAT during 1H 2018

2018-11-20   |   Development

Panasian Power PLC (PAP.N), one of Sri Lanka’s leading green energy solutions providers, posted a consolidated net profit of Rs. 54 million for the ...

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Janashakthi Life continues to deliver ‘steady growth’ in Q3

2018-11-16   |   Development

Janashakthi Insurance PLC (Janashakthi) continued on its growth journey, registering a Gross Written Premium (GWP) of Rs.2.2 billion as at September 3...

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'SL's architects overlooked for major, local construction projects'

2018-11-09   |   Development

'Sri Lankan architects are capable, effective and knowledgeable and are in demand for foreign assignments. For instance, a Sri Lankan architect was as...

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World’s largest employer of Sri Lankans commits $ 300 m across many development projects

2018-09-27   |   Development

The Kingdom of Saudi Arabia (KSA) now stands as the largest employer of Sri Lankans outside of Sri Lanka and has committed $ 300 million for Sri Lan...

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Lanka yet to finalise project proposals for 2 bn yuan grant

2018-09-21   |   Development

Sri Lanka is yet to receive a two-billion-yuan (nearly USD 300 mn) grant from China as project proposals have not been finalised.   President M...

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