Chinese firm confirms suspension of Colombo Port City project

China Communications Construction Company Limited (CCCC), the ultimate investor in the Colombo Port City Project, says that it will fully cooperate with the Government of Sri Lanka and continue to adhere to the procedures and conditions stipulated in the agreement entered into with the government. MORE..

March 7, 2015  11:50 pm|

Ex-CSCL chairman among 4 arrested over coal deal

The former Chairman of the national line Ceylon Shipping Corporation Ltd. (CSCL), Kanchana Ratwatte, and three other state officials have been arrested for criminal breach of trust with regard to coal shipments worth Rs 528 million. MORE..

March 4, 2015  05:17 pm|

State Minister Faizer Mustapha resigns?

Parliamentarian Faizer Mustapha has tendered his resignation as State Minister of Aviation and has flown overseas, this afternoon, a source close to the Government said.

February 1, 2015  03:09 pm|