Monday, April 6, 2015

Ranil is enjoying 100 days...

Colombo Port City Suspension Creates Uncertainty For Foreign Investors
When Sri Lanka successfully defeated the Tamil Tiger rebels in May 2009, putting an end to Asia’s longest civil war, there was hope to transform the island nation into a ‘Miracle of Asia’.

Successive government’s had dreamt of transforming the capital Colombo into a major economic and tourism hub but the 30-year conflict had left no room for development...

Read more @ http://www.thesundayleader.lk/2015/03/29/colombo-port-city-suspension-creates-uncertainty-for-foreign-investors/


China denies Rajitha’s claims on slashing expressway cost

Acting Ambassador of China, Ren Faqiang denies that a sum of Rs 30 billion has been reduced from the construction cost of the Colombo Outer Circular Expressway, as claimed by Cabinet Spokesman Dr Rajihta Senaratne...

Watch @ https://www.youtube.com/watch?v=t1H4BCzxuPg


Rajitha: ‘I repeated what Ranil said’

Cabinet Spokesman and Health Minister Rajitha Senaratne said yesterday that it was Prime Minister Ranil Wickremesinghe who had told him that the Chinese contractor building a section of the Colombo Outer Circular Road connecting the Highways had agreed to reduce the cost of the project by Rs. 30 billion.

He made the claim during the weekly Cabinet Press Briefing in Colombo.

Senaratne was responding to a denial by the Chinese Embassy in Colombo of a statement made by him on Wednesday...

Read more @ http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=122575


National Chamber expresses concerns on CEPA
The National Chamber of Commerce of Sri Lanka, counting over 65 years of service to the business community in Sri Lanka and having a membership of over 630 corporates and over 1500 Small and Medium Enterprises, is concerned over the proposed signing of the CEPA (Comprehensive Economic Partnership Agreement) with India...

Read more @ http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=122559


Several bank heads resign, some likely to challenge Finance Ministry order
Following the resignations of Dr. Rani Jayamaha as Chairperson of Hatton National Bank and Sunil Wijesinha as National Development Bank PLC Chairman and the likelihood of more such resignations, very reliable sources indicated that the Finance Ministry has notified several private commercial bank heads who had been appointed to represent government owned shares to step down...

Read more @ http://www.adaderana.lk/bizenglish/several-bank-heads-leave-some-likely-to-challenge-finance-ministry-order/


Below pictures showcase the present status of some areas of Colombo...






See more @ http://www.mahinda.info/2015/04/colombo-fate/


Finally, Ranil is enjoying 100 days in his Jet...


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