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Sri Lanka notes increase in real estate activity by property buyers and sellers
18 Feb

Sri Lanka notes increase in real estate activity by property buyers and sellers

Sri Lankan property portal LankaPropertyWeb (LPW) has reportedly released a report recently noting that after the turn of the year, there has been an increase in real estate activity by property buyers and sellers.

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Sri Lanka’s Eastern Province to get 200 acre textile industrial park
18 Feb

Sri Lanka’s Eastern Province to get 200 acre textile industrial park

The Board of Investment (BOI) of Sri Lanka has received a 200 acre plot of land at Punnakkudha in the Chenkalady region in the country’s Eastern Province

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Sri Lanka receives Japanese grant to set up coconut oil production facilities
18 Feb

Sri Lanka receives Japanese grant to set up coconut oil production facilities

The government of Japan has reportedly provided a grant of US$ 66,648 (approximately Rs. 12 million) through the Grant Assistance for Grassroots Human Security Projects (GGP) for “A Project for Installation of Coconut

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Sri Lanka to allocate lands worth Rs. 24 billion on lease to 22 investors under Regional Investment Zones
18 Feb

Sri Lanka to allocate lands worth Rs. 24 billion on lease to 22 investors under Regional Investment Zones

The government of Sri Lanka has reportedly decided to allocate lands worth over Rs. 24 billion in regional industrial zones for investment projects.

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Leading international airlines increase flights to Sri Lanka following resumption of tourism industry
17 Feb

Leading international airlines increase flights to Sri Lanka following resumption of tourism industry

Several leading international carriers from the Middle East including Emirates are reportedly increasing flights to Colombo following the opening of borders and resumption of tourism in Sri Lanka.

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