- Last Update 2024-09-03 16:45:00
Mattala airport valuation goes high and low
A ding-dong battle is under way over the valuation of the Mattala International Airport.
Valuation officials are learnt to have placed the figure at US$ 400 million taking into consideration the land value and the infrastructure development that is under way.
However, sections of the Government argue that the real value is US$ 230 million and claim a higher figure would be a deterrent to foreign investment. However, officials are sticking to their position.
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CPC reduces fuel prices
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CBSL Governor warns reversal of reforms could trigger new crisis
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
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President opens Sri Lanka’s first LNG power plant
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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