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How transparency and competitive bidding could have averted VFS visa fiasco

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. .. ....

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SL loses Russian charters to competitors this summer - Business

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Will the Uma Oya Multipurpose Project Impress Sri Lankan Voters?

Many are concerned about the negative environmental and social impact of the project, and see the publicity surrounding the inauguration as an election gimmick. ....

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Uma Oya Development Project Declared Open

Uma Oya Development Project Declared Open
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Sri Lanka leases white elephant airport built with Chinese loans

Sri Lanka has leased its underutilized Mattala Rajapaksa International Airport, built with Chinese loans, to a joint venture between India s Shaurya Aeronautics and Russia s Airports of Regions Management Company for 30 years. The airport, plagued by problems since its 2013 opening, has struggled with financial losses. The lease marks part of Sri Lanka s efforts to privatize state-owned enterprises after an IMF bailout. The airport s location on a bird migratory route and poor passenger traffic have contributed to its challenges. ....

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