- Last Update 2024-07-19 12:26:00
Sri Lanka’s Access shares fall on cancellation of mega highway
Access Engineering shares fell by 11 per cent or Rs. 3.40 per share to Rs. 26.60 on Monday at the Colombo bourse days after the new Sri Lankan Government announced the cancellation of a major highway project. Traders appeared to panic with more than 800 separate transactions all amounting to 3.4 million shares at a turnover of Rs 95 million. Access is one of the most powerful contractors in the country and involved in several major road, highway and other development projects. At the weekend, the new Government of President Maithripala Sirisena – dismantling some of the costly projects of the former administration - said it was cancelling the proposed northern expressway project saying it was too expensive. Five contractors including Access had been selected for the project. – Ends -
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- July 11, 2024 - 1275 - 0
Colombo Fort Magistrate interdicted
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
- July 16, 2024 - 322 - 0
MP on open warrant turns up at school event
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
- July 12, 2024 - 278 - 0
SC refuses interim order on Judges appointments
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
- July 10, 2024 - 278 - 0
Deadline extended for G.C.E. A/L applications
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
- July 12, 2024 - 191 - 0
Gazette on new speed limit regulations to be issued within two weeks
Gazette on new speed limit regulations to be issued within two weeks
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