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Tag: Development In Srilanka

  • Free Sinhala / Tamil / English Translation Service

    Department of Official Languages of Sri Lanka provides FREE Sinhala / Tamil / English Translation Services, Here you enjoy the service by Clicking Below Link Click Here for Free Sinhala / Tamil / English Translation Service To translate any documents you need to submits some basic information and you have to submit your required document…

  • 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…

  • 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…

  • Colombo City and Subs Garbage going to be Solid Waste to Puttalam

    For the first time in Sri Lanka history, the Sri Lanka Railways (SLR) will transport garbage as part of a solid-waste disposal project in which garbage will be collected from Colombo City and the suburbs. The garbage will be disposed at a site in Aruakkalu in Puttalam under a newly formulated Municipal Solid Waste Disposal…

  • POWER SUPPLY TO REACH 100% AFTER COMPLETION

    The transmission of 300 MWs to the national grid from the third and final phase of the Lakvijaya Coal Power Plant (LCPP) was expected to begin by the end of August, Ceylon Electricity Board (CEB) announced. Two generators are running at the moment with a capacity of 300 MWs each and the installation of a…

  • Casino contributes Rs. 500 Million as a Tax Revenue to the Government

    The Deputy Minister of Finance and Planning, Sarath Amunugama stated in Parliament that Casinos are one of the tax revenue generating sources in Srilankan Economy, where the Casino industry is approximately contribute Rs. 500 Million for government revenue as taxes. And the Minister stated that the government had earned revenue of Rs 1,400 million by…

  • Government to grow 10,000 HA rubber in north-east

    Sri Lanka would add 10,000 hectares of rubber plantation to the North East in three years, said Minister of Plantation Industries Mahinda Samarasinghe. Speaking at the 95th Annual General Meeting of Colombo Rubber Traders Association at JAIC Hilton, he said that plans were mooted to complete 1,000 hectares by the end of 2013. The Minister…

  • Floating market, latest attraction in Colombo

    The construction of the floating market at Bastian Mawatha, which is part of the Colombo City Development Project, implemented by the Urban Development Authority is complete. Thousands of people including foreigners visiting Colombo can buy products at this market where 92 stalls have been set up to sell local products. This floating market also targets…

  • A floating market on the Beira, Colombo

    The first ever floating market in the county is to be declared open soon, the Urban development Authority (UDA) said. The market situated in Pettah is being constructed on the Bara Lake adjacent to Bastian Mawatha in Pettah. The UDA had earlier plumed to open the market before the Sinhala & Tamil New Year but…

  • 350 metres Lotus Tower on progress to be the tallest in Lanka

    The Lotus Tower that Is being constructed down D.R. Wijewardene Mawatha has reached a height of 50 metres now. The telecommunication regulatory official stated that feasibility studies for the second, phase of the project are ongoing with the finalisations to structural drawings. It will take another one or two months for the feasibility studies to…