Tag: Sri Lanka Business News
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30,000 Houses by 2015 for Low Income earners in Colombo Srilanka at an affordable price – Prices attached
Authority (UDA) is to begin constructing seven new housing schemes in Colombo for low- income earners. The authority said its target was 10,000 housing units under the new phase which is scheduled to be completed within 18 months. The project at Applewatta, Maligawatta, Aluth Mawatha in Mattakkuliya Madampitiya. Kimbulala, Bloemendhal and Torrington have been given…
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Auto and Transport Show – from 25th to 27th April 2014
Ministry of Transport organised an exhibition and Auto transport show from 25th, 26th and 27th April 2014 at BMICH. The exhibition will inclusive of International Bike Stunt, Vehicle show, Go Cart Racing, 4X4 offroad Show, Live DJ, Gaming Zone, Road Safety Campaigns and win Free Air Tickets too. See below image for more information
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Central Bank Profits Decline in 2013
The Central Bank (CB) has lost Rs.24.2 billion in 2013. Down from profits of Rs.66.2 billion in 2012. But the bank had transferred 25 billion rupees by way of profits to the state budget. Central Bank Governor Nivard Cabraal said yesterday Other than interest income from its forex assets, the CB primarily makes profits from…
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Nearly half fail O/L-2013 Maths and hence fail exam
Nearly half of the Ordinary Level (O/L) candidates have effectively failed the exam as they failed to obtain pass marks in Mathematics which is a compulsory subject. According to statistics issued by the Education Ministry on Friday, of the 264,177 school candidates who sat for Mathematics on their first attempt, 112,987 or 42.77 per cent…