VEGA, the flagship electric supercar, the first of its kind built in Sri Lanka, designed and developed by Vega Innovations, a subsidiary of CodeGen International Ltd was officially unveiled at the Geneva International Motor Show 2020 in Switzerland. This...
Following the inability to complete the restructuring of cash strapped Sri Lankan Airlines, the government has sought to issue ‘letters of comfort’ to two-state banks - Bank of Ceylon and People’s Bank - for the fourth time for US...
The government is hoping to construct a rail track between Katunayake and Veyangoda in a bid to boost tourist arrivals to the country, Transport Minister Arjuna Ranatunga said today (Sept 2). Addressing an event in Minuwangoda, the Minister noted that the...
Exactly 40 years ago on September 1, 1979, the first flight of SriLankan Airlines was made, the aircraft rising gracefully from Colombo’s Bandaranaike International Airport to wing its way to Bangkok. It was the modest start of the National Carrier’s...
Ren Zhengfei, founder and chief executive of Huawei, has said that the Chinese tech giant is creating a united front with their partners, to collaboratively satisfy society and people. “I think Huawei's goal is to work hard to develop advanced...
Making a significant progress from its preceding ranking, in the 2020 United Nations E-Government Development Index (EGDI), Sri Lanka has advanced its position to the 85th from 94th in 2018. While this wasn’t the highest position Sri Lanka has...
The government will purchase paddy at a certified price of Rs. 50 per kg from farmers during the 2020 Yala season. The Treasury has released Rs. 10,400 million to the Paddy Marketing Board through State banks to purchase of 200,000...