The Government has earned over Rs 151 mn from the Southern Expressway within two months of opening. According to the Acting Director of Southern Expressway, Rs 70 mn out of the total of Rs 151 million had been earned from the Southern Expressway during January. The administration records show an earning of Rs 4.6 mn [...]

The Economic Development Ministry has allocated Rs 10 bn for the development of the North, said Minister of Traditional Industries and Small Enterprise Development Douglas Devananda. Discussions were held to utilize these funds for needs of resettled people; fresh water fish farming projects and boost fisheries industry in North. The money would be spent on [...]

The second phase of the construction of the Colombo Outer Circular Highway will begin on February 18. The construction of the 28-km expressway will be carried out in three phases and the work on the first phase of construction from Kottawa to Kaduwela has already commenced. The outer circular highway will start from Kerawalapitiya along [...]

Global ship agency and offshore marine service provider GAC has set up a supply base in Galle to support ship-to-ship (STS) services. The move, by GAC’s in-house ship-to-ship transfer unit GAC Transfer Services (GTS), was in response to growing demand for LPG (liquid petroleum gas) imports and exports of clean products in the Indian Subcontinent. [...]

Defence Secretary Gotabaya Rajapaksa has stoutly denied he was militarizing the Northern region and insisted troops “are maintaining absolutely essential presence” and were spread across all 22 districts on the island. He was responding to the charge by Tamil parties and the diaspora that army camps flooded the North even after the government won the [...]

An additional £94 million of funding for local authorities has been announced in today’s Budget. The money is over and above funding set out in the Spending Review and has been allocated from Barnett Consequentials following from the UK Chancellor’s Autumn Budget Statement. Local Government will receive an additional £54 million in capital funding to [...]

A hard-hitting knife crime campaign which has proven highly successful in educating young people about the dangers and consequences of carrying a knife is to be launched in the communities of North and South Lanarkshire. The announcement follows a pledge by Justice Secretary Kenny MacAskill to double the funding of the award-winning scheme to ensure [...]

The level of disallowance to be imposed on the Scottish Government by the European Commission has been confirmed as £35 million. The withheld funding – or disallowance – dates back to a 2009 audit and relates primarily to systems that were put in place between 2003 and 2007. Following the 2009 audit, the EC called [...]

A blueprint to streamline the scoping, planning and consenting of offshore renewables developments was published today. The report, prepared by a task force comprising Marine Scotland, environmental regulators, renewable developers and The Crown Estate, was welcomed by Alex Salmond as he co-chaired the first 2012 meeting of the Scottish Energy Advisory Board (SEAB). The task [...]

An additional £87 million will be invested in affordable and energy efficient homes to support jobs in the construction industry, Housing Minister Keith Brown announced today. The funding was outlined in the Scottish Parliament today by Finance Secretary John Swinney, and will be split as follows: £42 million will expand shared equity schemes and the [...]