Thursday, 2nd April 2015

Business Editor: 0094 11 242 9221 / E mail: business@dailynews.lk

Business

AMW appreciated its long standing partners at the 65th Anniversary celebrations held in Colombo on Tuesday. Here a token of appreciation being presented by Prime Minister Ranil Wickremasinghe looked on by Associated Motorways Chairman Len Hunt, Omar Al Futtaim,Vice Chairman Al-Futtaim Group and Samantha Rajapaksa, Group Managing Director, Associated Motorways. Picture by Wimal Karunatillake.
The government has managed to negotiate a Rs 30 billion reduction on the Outer Circular Highway which is nearly 40% of the project cost presented by the last government, Prime Minister Ranil Wickremesinghe said. Addressing the Associated Motorways (AMW)’s 65th anniversary celebration held in Colombo on Tuesday, the premier said although most of the people wanted him to continue with the projects started by the last government he firmly refused to do so and that decision has enabled to save a colossal Rs 30 billion on the Outer Circle Highway project itself. “We are a caretaker government...
JKH Chairman Susantha Ratnayake ringing the bell to begin trading at the Colombo Stock Exchange yesterday. JKH Deputy Chairman, Ajit Gunewardene, CSE Chairman, Vajira Kulatilaka at the event
John Keells Holdings (JKH) will continue the Waterfront Properties project as planned despite the new government's amendment to restrict the ability to rent space for gaming activities, JKH Chairman Susantha Ratnayake said. "The project is progressing well and it has only released out the space reserved for the casino parlour under new government's ruling,"Ratnayake told the Daily News business. Prime Minister Ranil Wickremesinghe announced in Parliament that the agreements entered into with Waterfront Properties (Private) Limited under the Strategic Development Act will be amended to...
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