Category: Srilanka Developments and Releated News
Queen Mary 2 Cruise arrive to Colombo Sri Lanka
RMS Queen Mary 2, the flagship of Cunard Line, arrived in Colombo on Friday, February 6, 2015. The vessel is on her world voyage 2015 and arrived in Colombo from the Port of Cochin in India. She left Colombo at 2000 Hrs towards her next port, Puket in Thailand. With a length overall of 345…
New Hybrid car Prices of Toyota Hybrid Aqua, Toyota Hybrid Prius, Honda Hybrid Fit, Honda Hybrid Fit Shuttle, Honda Hybrid Vezel post budget – February 2015
After the new Budget proposals the Hybrid car prices are expected to be increase with suspension of tax relief on hybrid cars. The New prices are expected to be increase by Rs. 1 Million (1,000,000/-) to Rs. 1.5 Million (Rs. 1,500,000/-) for all Hybrid cars available in Srilanka. See below Table for the Current Prices…
Impact the Ban of Sri Lanka Fishery Product Exports to Europe
The European Commission has stated that the ban on the purchase of fishery products from Sri Lanka imposed since the island had failed to take necessary steps to halt the fishing while violating maritime boundaries and several conditions imposed by the European Union. Sri Lanka has export around 1,500 tonnes of Sri Lanka fishery products…
Green Light to Colombo Port City Project
The Cabinet of Sri Lanka has decided to continue with the Chinese government assisted Colombo Port City Project. This decision has been taken at the Cabinet meeting held in 5th February 2015. The China Communications Construction Company (CCCC) is one of the major investors in the Colombo Port City project which would reclaim land on…
Pakistan looking forward USD 1 Billion trade with Sri Lanka
Sri Lanka ‘s second largest buyer in SAARC, Pakistan is set to push towards US $ 1 billion trade target, as the next step in boosting bilateral trade. The High Commissioner of Pakistan in Sri Lanka stated to the news that there is great upward trade potential that we can jointly explore beyond the current…
Srilanka Dual Citizenship open now for all Sri Lankans
Finance Minister Ravi Karunanayake presenting the interim budget 2015 said that the option of dual citizenship would be available to all persons of Sri Lankan origin and granted after due valuation. A payment of Rs. 500,000 will have to precede each individual request. Furthermore, provision will be made for foreigners seeking resident static in Sri…
Sri Lanka New Chief Justice K. Sripavan biography
Justice Kanakasabapathi Sripavan took oaths as the 44th Chief Justice before president Maithripala Sirisena yesterday. Chief Justice Sripavan is the second Tamil to hold this prestigious post. The first Tamil to hold this post in Sri Lanka was Suppiah Sharvananda, who served between 1984 and 1988. Chief Justice Sripavan born on February 29, 1952 had…
Srilanka Waterfront Project continue as Cinnamon Life
John Keells Holding PLC’s subsidiary project of Waterfront has been renamed as “Cinnamon Life” and continue their project as planned. The project is expected to restrict the ability to rent space for gaming activities but it is to developed as both residential and commercial space with iconic design which believes would transform the landscape of…
How much Maruti Suzuki Cars (Less than 1000cc) prices will go down in Sri Lanka after New Budget
Vehicle Importers Association Chairman Mahinda Sarathchandra stated to media that prices of vehicles below 1000 cc would come down only by Rs. 25, 000 in the wake of the 15% tax reduction announced in Thursday’s mini budget while all hybrid cars would go up by as much as Rupees one million. The custom duty for…