CEB announces island-wide power cuts today
Meida spokesman of Electricity bord Sulakshana Jayawardena says that power cuts will be imposed today (07) and tomorrow (08). Accordingly, a power cut could occur within an hour from 6 … Read More
Category: Business
India takes Jaffna project away from Chinese company- The Morning
A Chinese company, that had been awarded the tender to develop three hybrid power plants in the Delft, Nagadeepa, and Analthivu islands off the Jaffna peninsula, is likely to lose … Read More
The government has decided to lease 42 acres of land at Welikada Prison
The government has decided to lease 42 acres of land at Welikada Prison for a mixed development project on a long term basis. It is estimated to obtain around Rs. … Read More
Talks with India for two more swap deals totalling US$ 1.4 bn – Sunday Times
The Government is holding talks with India for two separate currency swap arrangements to the value of US$ 1.4 billion, in addition to an already announced US$ 500 million credit … Read More
Sri Lanka suspend distribution of gas until further notice
Sri Lanka has decided to suspend the distribution of gas to the local market until further notice. This was informed by Lasantha Alagiyawanna, the State Minister of Co-operative Services, Marketing … Read More
1000 containers of essential food items are stuck at the Port of Colombo
According to government sources, Dr. Bandula Gunawardena has stated at a cabinet meeting that about 1000 containers of essential food items including potatoes, lentils, onions, sugar, sprats and other essential … Read More
Vegetable prices up, but quality down- The Morning
Vegetable traders claim that the prices of vegetables in economic centres islandwide have risen sharply, while their quality has significantly dropped in the absence of fertilisers and pesticides. Speaking to … Read More
900 containers of essential goods without dollars stuck at the port
Port sources say that more than 900 containers of essential goods have been stranded at the Port of Colombo for more than a month without being released due to a … Read More
People’s Bank BLACKLISTED by Chinese Embassy
The People’s Bank of Sri Lanka has been blacklisted by the Economic and Commercial Office of the Chinese Embassy in Sri Lanka for failing to make the payment according to … Read More
Omani firm that sought Colombo prime land now wants solar park- Sunday Times
The Omani company which recently expressed interest in prime Colombo properties and hotel management deals–and failed to deliver–has also bid for a 100MW solar park at Siyambalanduwa but failed to … Read More