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SpeedStar Championship 2025: Set to Kick-Off at SpeedBay, Port City! Colombo, Sri Lanka – 21st March 2025: The SpeedStar Championship 2025 is set to kick off at the SpeedBay track in Port City on Friday, 28th of March. Organized by David Pieris City Developments, the racing event promises an exciting and fierce motorsport experience. The first round of the SpeedStar Championship 2025 will take place at the purpose built SpeedBay track, marking the beginning of a three-round series. Friday’s race will feature varied skill levels, providing a platform for drivers across different categories to showcase their talent. Racing enthusiasts, families, and friends are invited to witness the competition as drivers race for the championship. The event will feature the following categories which will also include a Ladies Open. Categories: ⦁          Women’s Open (12 years and above) ⦁          Junior (12 to 15 years of age) ⦁          Senior (16 to 30 years ...

Mar 21, 2025 Posted by In Articles Tagged , ,
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New Diving Centre at Port City – By Admiral  Ravindra Chandrasiri Wijegunaratne New Diving Centre opened by former Navy Commander Admiral Piyal De Silva at Port City, Colombo  Please visit there to do snorkeling  at World longest Artificial Coral reefs ( coral reef replanted personally by Piyal for years along Port city breakwater inner side – so you can dive/ snorkel in both monsoons ) or watch beautiful Sunset or angling just before sunrise- new teed in angling – catch – weigh- photograph- release ; to protect the fish breed and environment. Please tell your friends it is not required to go to down South or to Eastern area to do these activities !  Just drive  into Port City !  Help Piyal to protect environment and appropriate his life- long effort without any publicity !  ENJOY THE UNDERWATER BEAUTY AND PROTECT THE WORLD  OF BEAUTY UNDERWATER !  Former US President Bill Clinton ...

Feb 26, 2024 Posted by In Articles Tagged , , , , ,
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Colombo to be beautified with plans provided by Surbana Jurong: President-by Ajith Siriwardeana Source:Dailymirror The vision to transform Colombo into a beautiful city is already in motion, with plans provided by Surbana Jurong while similar plans have been prepared for Trincomalee, aiming to enhance the development in that region as well, President Ranil Wickremesinghe said. He said Surbana Jurong is also actively involved in creating a tourist zone from Verugal Aru to Batticaloa and Arugam Bay areas, contributing to the growth of the tourism industry. The President made these remarks at an international conference on architecture organized by the Royal Institute of British Architects (RIBA) Chapter in Sri Lanka, in collaboration with the American Institute of Architects (AIA) and the Italian Embassy of Sri Lanka, on the theme: “Architecture: A Lasting Impact,” held this morning (05) at the Cinnamon Grand, Colombo, the President’s Media Division (PMD) said. ...

Aug 6, 2023 Posted by In Articles Tagged , ,
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Port city in progress- by Pradeep Pathirana Source:Dailymirror Sri Lankan workers are seen busy engaged in work in the port city project of Colombo which was constructed by Chinese company. The project is said to have cost US$15 billion in total comprising of residential areas, hospital, financial centre and an international school.  ...

Dec 11, 2022 Posted by In Articles Tagged
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Badoer Investment Ltd brings Port City’s largest investment to date From Left to right…… 1. Mr. Karthi Gajendran • President of Airport Development GVK • Former managing director Of India operations at CH2M HILL (Jacobs) Denver, Colorado, USA • Former Managing director at CH2M HILL United Kingdom. • Senior VP Business Management & Operations at CH2M HILL in Europe & Middle East. • Responsible for developing multi billion dollar airport development projects for GVK in Mumbai & Bangalore, India. 2. Mr. J.M.D.A. Goonewardena  • Former counsel general to Western States of USA. • Director airport aviation and Committee Chairman for Sri Lankan duty free. • Director foreign employment bureau. • Secretary to the ambassador forum • Director to all Prisons in Ministry of justice, Human rights and legal reforms of Sri Lanka. • Director Thilanka hotels group. • Panel member for institutional review in Sri Lanka Institute of Tourism and ...

Nov 1, 2022 Posted by In Articles Tagged , , ,
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KPMG webinar on ‘Port City Act: An in-depth analysis’ on 6 August Source:-www.ft.lk The KPMG Academy will present the 23rd virtual session of the ‘Friday Mid-Afternoon Chat’ series on 6 August at 3 p.m. This session will have KPMG experts deliberate on ‘Port City Act: An in-depth analysis (including tax ramifications on distinct scenarios)’. The Colombo Port City Economic Commission Act, No. 11 of 2021 was certified on 27 May. The enactment of the Port city Act with exemptions from statutes listed in ‘Schedule III’ and  scope for exemptions to be granted (within a set framework)  from the Statutes in ‘Schedule II’ of the Act has many permutations and combinations for prospective investors, residents, and other stake holders. This webinar will analyse these interesting aspects. An in-depth understanding of the key provisions of the Act is of utmost importance for decision makers to strategise the future path of their respective ...

Aug 6, 2021 Posted by In elanka Finance Tagged , ,
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CSE Signs MoU with CHEC Port City Colombo   The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo International Financial Center, in order to establish a regionally recognized financial exchange within the country’s borders. The MoU was signed with the objective of working on a collective mission to establish an International Multi-Currency Exchange within the Port City Colombo. The exchange will serve as a gateway for both regional and global investors, whilst also providing an ideal platform for Sri Lankan and overseas corporates to issue foreign currency bonds and equities as well as develop other financing and risk management instruments across asset classes. CHEC Port City and the CSE will actively collaborate to identify and attract a global stock exchange to partner ...

Jul 2, 2021 Posted by In Articles Tagged , ,
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