Keells says $850 mln project still viable without casino

Jan 30 (Reuters) – Sri Lankan conglomerate John Keells Holdings said on Friday its $850 million construction project with a casino approved by the previous government is still viable and will continue as planned despite a ban on the gaming facility. Sri Lanka’s new government has blocked three casinos approved by the former President Mahinda […]
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6 % of GDP allocated for education

A total of Six percent of the GDP would be allocated to the education sector, Finance Minister Ravi Karunanayake said while presenting the Interim Budget. The government also proposes to increase the Mahapola Scholarship for university students to Rs.5000. Pre-School teachers would get a monthly allowance of Rs.250 while Sunday/Dhmma School teachers would get an […]
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‘Statement on Peace’ to be made on Independence Day By Breaking News – See more at: http://www.nation.lk/edition/breaking-news/item/37808-statement-on-peace-to-be-made-on-independence-day.html#sthash.J8HvwXet.dpuf

A statement on Peace will be made at the 67th Independence Day celebration to be held on February 4. According to the government, the Cabinet approved a joint proposal made by the Acting Foreign Minister Ajith P. Perera and the Minister of Home Affairs and Fisheries Joseph Michael Perera to make a statement on Peace […]
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Sri Lankan government to merge SriLankan and Mihin to cut losses, increase productivity

Jan 29, Colombo: The Sri Lankan government plans to merge the country’s two loss-making airlines to cut losses and increase productivity. The government in its interim budget presented to parliament today has proposed to merge the flag carrier SriLankan Airlines with the budget carrier Mihin Lanka. The two airlines will be merged to increase productivity, […]
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Expansion of Sri Lanka’s international airport with Japanese funds to continue

Jan 25, Colombo: The State Minister of Civil Aviation Faizer Mustapha said the Japanese government has expressed willingness to continue to support the second stage of the expansion of the Bandaranaike International Airport at Katunayake. Following a meeting with the Minister Friday the Ambassador of Japan in Sri Lanka Mr. Nobuhito Hobo has assured to […]
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Jetwing Air represents Air China in Sri Lanka

Jan 26, Colombo: Sri Lanka’s premier hospitality brand, Jetwing Air will function as the representative of Air China in the country when the airline starts service next month from Chengdu to Colombo. Air China, one of the China’s leading carriers, is scheduled to start direct service between Chengdu, the capital city of southwest China’s Sichuan […]
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Ajith Dias appointed as new Chairman of SriLankan Airlines

Jan 24 2015, Colombo: Ajith Dias an apparel industry expert and a leading Sri Lankan businessman, has been appointed to head Sri Lanka’s national carrier SriLankan Airlines, sources said. Ajith Dias was the Chairman of the Joint Apparel Associations Forum (JAAF) which is the apex body of all Textile and Apparel Associations before being appointed […]
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Fonseka granted full presidential pardon

Former Army Commander and Leader of the Democratic Party (DP) Sarath Fonseka has been granted a full presidential pardon by President Maithripala Sirisena, according to the Presidential Media Unit. Accordingly, Fonseka has been acquitted of all charges and granted complete amnesty. President Sirisena has granted the presidential pardon through powers vested in him under Article […]
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Confident of ties with SL: China

Colombo 20th Jan 2015 China has full confidence in prospects of relations with Sri Lanka, a Foreign Ministry spokesperson of China said Monday. In a message to Chinese President Xi Jinping, Sri Lanka’s new President Maithripala Sirisena had confirmed that the new government will continue major projects with China and expand bilateral cooperation in various […]
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