Category: NEWS
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Palaly Airport develop by Indian Government
The Indian government’s assistance has been sought to develop the Palaly Airport, said Development Strategies and International Trade Minister. The minister said Cabinet would take a decision on the airport in the next 2-3 months. India has been engaged in various development projects. ~NEWS~
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What Are the Benefits of Solar Power to Business?
With the continuously increasing demand for electric power, the significantly high price of oil and the growing concern for the environment, many businesses are resorting to alternative sources of energy. Among the renewable energy sources, solar energy is a sustainable choice and’ one that can be used in various applications. Many businesses are now tapping…
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India Looking forward to invest on Trincomalee Oil farms and renewable energy
Over USS2 billion investments from India is envisaged within the next three to four years, said Indian Minister for State Commerce and Industry of India. She said that these investments would be in oil farms in Trincomalee, renewable energy, infrastructure and in other new areas of business. Indian and Sri Lankan relations are now at…
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Matala Airport deal is on a way
Sri Lanka is on the brink of sealing a deal with Chinese and Dubai based airlines and infrastructure companies to run the operations of the loss making Mattala International Airport in Hambantota. Minister said that there were several other bids as well. he confidence that there would be a positive message soon and the government…
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Tourism will be highest foreign exchange earner in 2020
The Finance Minister has agreed not to impose any taxes any further on the Tourism Industry, disclosed Tourism Minister. And the government will also explore the possibility to provide duty free concessions in the direction of refurbishment of old hotels. The minister also stated to media that he instructed to Sri Lanka Institute of Tourism…
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150th Anniversary Methodist College is today
Methodist College Principal announced that 150th Anniversary Methodist College Service will be held today Saturday, 5th November 2016 at 5.30 p.m. at the Kollupitiya Methodist Church. Old Girls, Parents and Well wishers are welcome to join in this service of thanksgiving. For more details see below image
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Malaysia Visa Center relocated to Colombo 3
Foshwa Lanka (PVT) LTD a Malaysian Visa Centre has relocated to the below address from world trade center. Foshwa Lanka (PVT) LTD No. 321, 4/1 Lakshmans Building, Galle Road Colombo03
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India’s $10 billion gap in foreign exchange may put rupee under pressure
The Indian banking system has left a $10-billion position unhedged amid foreign exchange deposit redemptions, making the rupee vulnerable to a sudden depreciation in the next few months. On the other hand, such a drop would act as a booster for exports and possibly narrow the trade deficit although imports of oil and other commodities…
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Tesla, Panasonic to collaborate on solar cells production
Tesla Motors said it would collaborate with Japan’s Panasonic Corp to manufacture solar cells and modules in New York. Under the agreement, which is a nonbinding letter of intent, Tesla said it will use the cells and modules in a solar energy system that will work seamlessly with its energy storage products Powerwall and Power-pack.…
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New Cigarette Prices in Sri Lanka
After the recent tax impose into a tobacco products the Ceylon Tobacoo Company announces their new places as below, Brand Price per cigarette Price per 12’s Price per 20’s Dunhill Switch Rs. 45/- Rs. 900/- Dunhill Blue (Dunhill Tube Filter Blue) Rs. 45/- Rs. 900/- Dunhill Grey (Dunhill Tube Filter Grey) Rs. 45/-…