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Sunday, 11 January 2015

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Work on the Colombo Port City, a planned offshore city on reclaimed land adjacent to the Galle Face Green is in progress. It is estimated to cost US $ 15 billion. Work on the project was launched on September 17, 2014. Pic:Sudam Gunasinghe

'Expressways: Focus on benefits not income'

One of the key indicators of development is the well-connected road network. With the Colombo-Matara and Colombo-Katunayake expressways in place the country has seamless connectivity in roads, Ministry of Highways, Ports and Shipping Secretary, R. W. R. Pemasiri told a forum on ‘The Doers Perspective of the Talkers Hot Topic:

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Inflation drops in December

Inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) (2006/07=100), computed by the Department of Census and Statistics, decreased to 2.1 percent in December 2014 compared to 4.7 percent in December 2013 on a year-on-year basis.

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Tourism industry poised for higher growth

The tourism industry is poised to achieve the 2.5 million arrival target by 2016 having recorded a remarkable growth in 2014, according to a Sri Lanka Tourism Development Authority official.

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