Items filtered by date: Monday, 03 September 2018

Indian giant ITC optimistic of SL’s demand for luxury apartments, tourism

India's diversified giant ITC Group on Friday expressed growing optimism on Sri Lanka unveiling its first ever overseas project, the luxurious The Sapphire Residences and the ITC One five star hotel opposite Galle Face Green with an investment of between $ 300 million and $ 400 million.


Govt. took long-term pains for lasting economic benefits: Mangala

Finance Minister Mangala Samaraweera said the Government had not taken shortcuts towards “populist” economic interventions but long-term pains that lead to lasting benefits, where every citizen can become a shareholder of the knowledge-based, highly competitive social market economy that has been envisaged under the Government’s Vision 2025 policy document.


Largest 2D seismic survey for oil and gas exploration starts

The seismic vessel BGP Pioneer has arrived at Colombo Port to conduct a Modern Broadband 2D Seismic Survey for hydrocarbon exploration in the country. The inauguration ceremony to commence operations was held yesterday under the patronage of the Minister of Petroleum Resources Development Arjuna Ranatunga.

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