Growing traffic congestion in Colombo due to security considerations has adversely affected the economy, business and adds to the annual 30 billion-rupee cost of congestion, business and traffic planning specialists say.
The President's Square Project, a government plan to secure the area around the President's residence in Fort for security reasons is underway with several office buildings being seized.
A majority of Asiri shareholders this week decided not to re-elect nominees and allies of business tycoon Harry Jayawardena to the two hospitals which the latter has been eyeing.
Controversial businessman Harry Jayawardena dominated the headlines of business and economic pages across Sri Lanka this year while the resumption of peace talks and the escalation of the conflict also grabbed the attention of the business community.
