Rs. 2.5b investment for Mini City
A consortium of three leading corporates would
invest over Rs. 2,5 billion for a combined mixed development project
of their properties which are situated adjacent to each other in
Colombo 2. John Keells Holdings, Associated Motorways and Finlays
Colombo signed a Memorandum of Understanding to undertake a
feasibility study for this project expected to be a landmark in the
city of Colombo.
SriLankan, Mihin to merge commercial synergies -New CEO
SriLankan Airlines and budget carrier Mihin Air
will be run as two independent airlines merging commercial
synergies, new SriLankan Airlines CEO Manoj Vaas Gunawardena told
Daily News Business.
Fresh bidder for Colombo South Port expansion
The Colombo South Port expansion project is on
track and will call for fresh proposals for the construction of the
breakwater system in July, the Chairman of the Ports Authority
Saliya Wickramsuriya said.