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Category: Srilanka Developments and Releated News

  • Work on Colombo-Kandy highway to start soon

    Construction work on the Colombo-Kandy highway will begin immediately, Road Development, Higher Education and Investment Promotion Minister Kabir Hashim who was speaking in Parliament informed that government would start construction work on the Colombo-Kandy highway soon. The Minister said the matara-Beliatta-Hantantota stretch of the Southern Highway will also begin soon after negotiations with the contractors…

  • Bank of Ceylon Branch to be open in Bangalore in India

    Bank of Ceylon is planning to open their second overseas branch in India this year. This will be in Bangalore. The Bank also opened a branch in Seychelles last year. In addition to the local presence, the bank maintains an off-shore banking units in Male, London and Chennai. Senior banker and BOC General Manager, D…

  • More botanical gardens to be established in Sri Lanka by 2016

    The National Botanical Gardens Department (NBGD), recently announced that they were making arrangements to establish more botanical gardens in several parts of the country by the end of 2016. Accordingly, plans have already been drawn to establish six new botanical gardens in Sri Lanka. new botanical gardens are to be opened at various places which…

  • Government to develop a new national policy for tourism industry

    Plans are under way to prepare a new national policy for the tourism industry in Sri Lanka, Tourism and Sports Minister Navin Dissanayake said. Dissanayake said it has been decided to introduce a three year strategic plan related to the new national policy on tourism. We decided to introduce a new national policy for the…

  • Indian Government will build 4000 houses for plantation workers

    The construction of 4,000 housing units for needy families in the Plantation Sector, sponsored by the Indian Government, is slated to begin in March, Estate Infrastructure Development Minister P. Digambaram said. The minister said the construction of the houses for estate workers in the Central Province and Badulla district will be flagged off next month…

  • No more beggars in Sri Lanka trains

    The Railway Department of Sri lanka stated to media that they will launch a special program to remove beggars in trains. The program will be launched under the directions of Railway Department General Manager Wijaya Amaratunga, as passengers travelling by trains are inconvenienced due to beggars. The numbers of beggars in trains are increasing daily…

  • Central Bank News Alerts on mobile for Dialog Customers

    If you’re a dialog customer Type “REG CBSL” Send to 77000 to subscribe to the SMS news Alerts on the Daily Exchange Rates, Sri Lanka Interbank Offered Rates, Open Market Operations, Treasury Bill and Treasury Bond auction, Inflation and Monetary Policy Review issued by the Central Bank of Sri Lanka. Charges: Monthly 30 Rs +Tax

  • Malaysia Keen on Bidding for Northern Highway of Sri Lanka on Build Operate & Transfer Basis

    Dato’ Seri S. Samy Vellu who is the Senior-Ministerial ranked Malaysia’s Special Envoy of Infrastructure for India and South Asia attached to the Prime Minister’s Office  have stated that Malaysia is willing  to bidding for the Northern Highway on a Build Operate & Transfer (BOT) basis. We want to do a good job if we…

  • Thousand public locations to get free Wi-Fi in Sri Lanka

    The Information and Communications Technology Agency (ICTA), which implements the government’s ICT policies, will be launching the ‘Free Wi-Fi’ project in partnership with all telecommunication operators, in the coming months, to let citizens have further accessibility to information and participate in e-governance. Thousand public locations will get Wi-Fi free of charge. This has been finalized.…

  • USD 5 billion from IMF to pay off Chinese loans

    The Sri Lankan government will approach global lenders including the World Hank and the International Monetary Fund (IMF) to borrow from them to the tune of US $ five billion to restructure expensive loans, obtained from China, by the previous regime for infrastructure development projects in the country. According to Reuters, the Central Bank Governor…