(09.10.2012) The government plans to develop economy and
infrastructure facilities of Ratnapura, the country's gem-mining center
of Sri Lanka. The government has decided to establish a separate street for the gem
business in the famous gem city to provide modern facilities for the gem
merchants, the customers, local and foreign visitors.
(09.10.2012) The Economic Development Ministry has planned to uplift the
livelihood of five million families under the fourth phase of the Divi
Neguma National Programme to obtain their contribution to the
development of the economy.The ministry also made arrangements to obtain the support of other
state institutes as well in this endeavour, ministry sources said. All
home gardens will receive 10 varieties of seed under this programme.
(09.10.2012) Experts in the construction sector promised to extend their fullest
support and contribution towards the government’s bid to develop the
country. They made this pledge before President Mahinda Rajapaksa when they
were called to present suggestions and proposals in the field of
construction to draft Budget 2013 at Temple Trees yesterday.
(29.08.2012) A high level Chinese delegation led by Defence Minister Liang Guanglie will arrive in Sri Lanka today for a five day official visit. Liang’s visit follows the visit of Army Commander Lt. Gen Jagath Jayasuriya to Beijing in June.
(29.08.2012) The European Union will provide Sri Lanka a grant amounting to approximately Rs 9 billion (EUR 60 million) under the European Union- support to District Development programme spanning over 2012 – 2017 said Head of Delegation of the European Union in Sri Lanka Bernard Savage when he met Senior Adviser to the President and Economic Development Minister Basil Rajapaksa together with United Nations Resident Coordinator and UNDP Representative in Sri Lanka Subaine Nandy at the Ministry of Economic Development on Monday.
(27.08.2012) Construction work to develop the Batticaloa domestic airport will be initiated by President Mahinda Rajapaksa on September 3. The Government has decided to upgrade the airport following a proposal made in the 2012 Budget to develop the country’s domestic airports.
(24.08.2012) The government has initiated a massive road development drive in Ampara in preparation for next year's Deyata Kirula exhibition which will be held to coincide with Independence Day celebrations on February 4.
(21.08.2012) The government plans to provide potable water purification units capable of purifying 200 litres of water within an hour to villages in the North Central, North and other areas which are facing a lack of safe drinking water.
(20.08.2012) Ampara which get battered during most parts of the year alternatively by scorching sun and by heavy rains was considered since the ancient times as the golden land and the food basin of the country. Ampara District situated in the Southern part of the Eastern Province is rich in fertile soil and covers a land area of 44314 sq.k.m.
(20.08.2012) “The Sri Lankan economy will reach a GDP value of US$100 billion up sharply from the slow paced economy of about US$ 24 billion GDP in 2004,” said Governor Central Bank, Ajith Nivard Cabraal.
(17.08.2012) Tourist arrivals to Sri Lanka rose 7.8 percent to 90,338 in July 2012 from a year earlier, with arrivals up to July rising 16.7 percent to 543,205, data from the state tourism promotion office showed.
(17.08.2012) The expansion of Colombo port capacity is aimed at helping exporters, importers and value added service providers with possible greater contribution for the GDP. The expansion project of the south harbour will more than double the capacity of the Port of Colombo in container handling services and will have a positive impact on the export/import and value adding service industry and also to the south Asian shippers at large with more efficient transhipment services and connectivity, Shippers’ Academy CEO, SEMA Consultant and former Board Director SLPA Rohan Masakorala told MCND Business.
(16.08.2012) Sri Lanka would own its own communication satellite by 2015.This would be South Asia’s most modern and largest communication satellite and the first to be owned by the private sector in the region. Supreme Sat would own and operate this satellite from their space centre in Kandy for which the foundation stone was laid on Tuesday.