Tag: SL Government

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Port City Colombo to be transformed as alternate to Singapore, Dubai

Colombo Port City, a shiny metropolis rising out of the water along the Sri Lankan capital's seafront at Galle face with the huge expanse of sand reclaimed from the sea is being transformed into a high-tech city as an alternate to Singapore, Dubai, Monaco or Hong Kong

Sri Lanka precious mineral exploration goes haywire

Sri Lanka's precious mineral exploration has become highly irregular activity from the issuance of licences for mining and till the end of exploration owing to corrupt and wasteful administrative practices of Geological Survey and Mines Bureau (GSMB).

Government to set up holding company to expedite SOE reforms

The Government is to set up a holding company with 100 percent equity ownership vested with the Treasury Secretary and to make necessary arrangements to bring identified SOEs under this entity for restructuring.

Electronic Shopping Mall opens at BIA enhancing modern facilities

Even amidst economic crisis, cash strapped Sri Lanka is striving to develop Colombo as a destination for aviation by completing the construction work of the Terminal 2 of Bandaranaike International Airport (BIA) this year.

Govt to raise Rs 98 billion via treasury bills soon amidst economic woes

Despite tightening of monetary policy and curtailing money printing, the Central Bank is to raise Rs 98 billion in the New Year through an auction on January 04 2023.

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Catholic Church clarifies position on controversial remarks over expelled senior Police officer

Catholic Church clarifies position on controversial remarks over expelled senior Police officer

Controversy surrounds high-end vehicle sale involving children of two MPs

Controversy surrounds high-end vehicle sale involving children of two MPs

Ex-Ministers Aluthgamage and Fernando served another indictment

Ex-Ministers Aluthgamage and Fernando served more indictments

IUSF condemns alleged government meddling in student movement amid rising tensions

IUSF condemns alleged government meddling in student movement amid rising tensions

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