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Category: Sri Lanka News

  • New Airports to build in Sri Lanka

    Ministry of Transport and Civil Aviation said an airport was to be constructed in Haputale under a scheme to develop domestic air travel in the country very soon. As per the budge reading there are 4 new airports to be build in Srilanka for focusing more into tourism and local transport. Such as Haputale, Puttalam,…

  • New Terminal Building to construct for Bandaranaike International Airport

    Transport and Civil Aviation Ministry Nimal Siripala de Silva said a new terminal building will be built at the Bandaranaike International Airport (BIA) at a cost of Rs. 65 billion. He further state that the present terminal building can accommodate only six million passengers. Where the BIA capacity is not sufficient to handle all passenger…

  • New Vehicle Prices after Budget for 2016

    As expected the new government budget for 2016 introduce new valuation system for imported vehicles, this valuation lead to increase prices of imported vehicles by Rs. 200,000 up to Rs. 2.5 million. The new valuation system was introduced recently taking full option manufacturers price as the tax base and the Finance Minister Ravi Karunanayake said…

  • University of Colombo MBA Alumi Budget 2016 – Discussion with Finance Minister Hon. Ravi Karunanayake

    The MBA Alumi Association University of Colombo organized a forum of Budget 2016 with the Finance Minister, Hon. Ravi Karunanayake & key industry leaders at the Post-Budget forum. Take part of this forum and knew unseen background of Budget 2016 and thoughts of industrial leaders. Date: 24th November 2015 Time: 9am to 12pm Venue: Hotel Galadari…

  • National Law Week from 23rd to 29th November 2015

    The Bar Association of Sri Lanka in collaboration with the Justice Ministry and the Legal Aid Commission will organise the National Law Week 2015 under the theme, “Towards a Just and Law Abiding Society”. It will be held from November 23 to 29. At a media conference held at the Bar Association Auditorium in Hulftsdorp,…

  • Maradana to Battaramulla Train Service about to start in January 2016

    The newly proposed Maradana to Battaramulla railway line hoping to reduce heavy traffic from maradana, boralla, rajagiriya and battaramulla. The government is considering its options in obtaining financial support from Asian Development Bank (ADB) to construct a new railway line from Maradana to Battaramulla. Official stated that government is planning to negotiate with the Asian…

  • SriLankan Airline New Business Strategies of MRO and Domestic Flight services

    SriLankan Airlines will negotiate with an Asian based air service company to begin a Maintenance, Repair and Overhaul (MRO) centre at the Mattala airport in Hambatota. SriLankan Airlines Chairman Ajith Dias states proposal for an MRO at the Mattala international airport was in the pipeline for several years but it never got off. We are…

  • Korean company keen to start Mega City project in Sri lanka

    Top officials from one of the world’s leading township developers, Korea Land and Housing Corporation were in Sri Lanka looking for a township development project to the value in excess of USS 5 billion. The team met senior officials of the Megapolis Authority last week and informed that they are here on a fact finding…

  • Solar power electricity for over 800 houses in Hambantota

    The solar power plant set up at Buruthakanda in Hambantota under the clean energy programme supplies electricity to over 800 rural houses. This is to fulfill the target is to achieve 10 percent of power generation using renewable energy. The pilot project will try to realize the full potential of solar energy by mitigating risks…

  • More jobs for Sri Lankans in Korea

    The Korean government has agreed to increase the number of jobs provided to Sri Lankans said so following a meeting with Provincial Councils and Local Government Minister Faiser Musthapha and Korean Ambassador Wonsam Chang. He further said korean ambassador promised to offer technical needs for local government institutions and developing bilateral ties between Korea and Sri Lanka.