Tag: Sri Lanka Business News

  • NSBM Green University Town will be open in 2015

    South Asia’s first Green University Town, NSBM will be open for both Sri Lankan and foreign students by the end of 2015. The university town is a great investment as the country can save a large amount of money spent by students for their foreign university degrees. The university, being constructed in 26 acres at…

  • Mihin lanka and Srilankan Airlines be merged: cope

    Srilanka government is looking forward to merged Mihin Lanka and Srilankan Airline to reduce the losses made by borrowing at high interest rates. The COPE minister says Mihin Lanka could be operated as a profit making venture and therefore has the potential to be converted into such a venture.  But at the moment both Mihin…

  • 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…

  • Kandy expressway to go via Pothuhera (Kurunegala)

    Initial plans made for the proposed Kandy Expressway have been changed because hilly areas are an obstruction to the expressway having direct access from Ambepussa to Kandy, According to our amended plans the expressway will start in Kurunegala and move via Pothuhera and Mawathagam to Kandy. The interchange to the expressway would be at Pothuhera,…

  • Photography competition for schoolchildren – Submit on or before September 15, 2014

    Schools, especially school media societies islandwide, are invited to apply for a photography competition and exhibition organized by the Ministry of Education. Minister Bandula Gunawardena is seen here with South Korean ambassador to Sri Lanka, Chang Won- Sam at the opening ceremony A circular in this regard has been sent by Education Ministry Secretary Anura…

  • John Keells Hotels looking forward to starts up a Hotel in Nuwara Eliya

    John Keells Hotels is currently looking forward an options of opening a property in Nuwara Eliya. It was pointed out that they were looking for expansion into the hills with a hotel project but there were no more details has been released. The hotels sector of the Keells group has no presence at present in…

  • Srilanka Start Exporting King Coconuts and Self-sufficient in Coconut Production

    Srilanka have commenced to export king coconut. Around 700,000 king coconuts have been exported during the first six months of this year. It is a 276 percent improvement in king coconut exporting. And Sri Lanka has never imported coconuts since 2010 as the coconut industry achieved a huge progress with the establishment of the Coconut…

  • Sri Lanka Postal rates increases from Aug 1, 2014 – Link attached to check new rates

    Postal charges are to be increased from August 1, 2014; with the normal letter postage charge going up from Rs. 5 to Rs. 10 and the business mail (20 gram) rate from Rs. 5 to Rs. 15, Post Master General stated.   He said the postal rates had been not been revised for the past…

  • Sri Lanka Police is going to Update CCTV installation in Colombo

    A new CCTV technology and an Automatic Number Plate Recognition (ANPR) system are to be installed n tie Colombo District Police said. The Sri Lanka CCTV system established in 2010 is operated under a Senior DIG and a DIG. The 105 closed circuit cameras installed at main intersections in the Colombo city continuous transmit images…

  • Government of Srilanka Supports to upgrade Masulita Vocational Training Centre in Kampala, Uganda

    It is happiest news to see, where srilanka is helping an African national to develop their vocational training centres, especially the Government has taken steps to upgrade the Masulita Vocational Training Centre in Kampala, Uganda. The proposal has been approved by the Cabinet of ministers. It follows a recommendation by Dullas Allahapperuma, Minister of Youth…