Category: Business News
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Colombo City & its Traffic – Detail Analysis based on Ministry of Mega polis & Western Development
Ministry of Mega polis & Western Development stated that 1.9 Million passengers enter the Colombo metropolitan region daily from the 7 main corridors as now. This expected to increase by 4.4 Million in 2035. The huge traffic movement will cause delay in speed as 12km per hour speed in 2035 which is 17Km per hour…
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Chalmers Graneries Land in Pettah Goes to Mixed Development Project by Urban Development Authority (UDA)
UDA wishes to request proposals from potential bidders in order to undertake mixed development project in a prime land located within the Colombo city. The proposed development should be in line with the UDA guidelines and the selected bidder should eventually enter into a lease agreement for a period of 99 Years with UDA for…
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Andhra Pradesh to set up industrial corridor in SL on sea foods, pharmaceuticals and tourism sectors
The Andhra Pradesh Government of India is contemplating setting up an industrial corridor in Sri Lanka, the Indian Express reported recently. Officials also said Sri Lanka was the best bet for AP for conducting trade in sea foods, pharmaceuticals and tourism sectors as Sri Lanka is strategically located. And the news said the Sri Lankan…
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Ikman.lk advertisement charges( Ikman.lk No more Free!!!)
Ikman.lk, leading selling portal in Sri Lanka allows you to sell your goods and services at free of charge for last 5 years. And it is well popular in Sri Lanka and ranged as 4th most visited website in Sri Lanka; because of they allow audience to post their classic advertisements for free of charge…
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Ratmalana to become third international airport of Sri Lanka
Sri Lankan aviation history will be re written when the Ratmalana airport is converted to an international airport with flights to China via the Maldives. An official from the Transport and Civil Aviation Ministry said the first flight to the Maldives airport will fly out from Ratmalana operated by maldivian Airlines. It will also offer…
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Car registrations down by 40%, three wheelers by 50% in 2017
Motor car registrations have come down by 40% on a month and month basis mainly due to drop in financing share of motor cars. The three wheeler segment came down by nearly 50%,according to the JB Securities monthly review. Implementation of the budget proposal to restrict credit to new cars (50% LTV) and three wheelers…
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Investment in logistic projects in Muturajawela
Proposals are invited from Interested Investors to develop the following sites for Logistic operations according to the new Megapolis Plan of the Government. Two valuable land lots within the Logistics Zone are available for Long term Investments. Locational Features: Vary close proximity to Colombo Harbour and Colombo International Airport Outer Circular highway entrance to the…
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Calling Applications for the Lease of Wholesale Business Premises in the Dedicated Economic Centre – Kilinochchi
Calling applications for the lease of wholesale business premises in the Dedicated Economic Centre along the Kanagapuram Road in Kilinochchi District. The objectives of the center are to provide a reasonable price to the farmers, create a competitive market place for the vendors and provide a reasonable price for the consumers. This business premises have…
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Foot Operated Water Valves technology for washing
National Engineering Research & Development Centre Of Sri Lanka (NERD Centre) invites manufactured, and developed, and introduced to the market successfully a Water Valve which is foot operated, that is made to happen, using newest and latest Technology, to be utilized very easily and effectively, in order to save the resources of water, whenever using,…
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The National Forest Enhancement Strategy – Re-forest Sri Lanka
The main cause of global warming is the release of carbon dioxide to the atmosphere. Due to this, we are experiencing an acceleration in adverse climatic changes Since trees play an important role in our environment by removing harmful carbon dioxide from the atmosphere and by producing oxygen, the most well-tested and cost-effective way of…