The government of Sri Lanka has reportedly approved a proposal presented by Sri Lanka’s Minister of Urban Development and Housing on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build a new housing scheme in Colombo for Rs. 9.37 billion.
One of Sri Lanka’s largest Export Processing Zone (EPZ) in Bingiriya has reportedly attracted US$ 45 million worth investments for five ventures.
WEBXPAY, a payment gateway provider, has recently surpassed the Rs. 2.5 billion milestone in billings within a period of five years reflecting its rapid adoption
Sri Lanka’s President Gotabaya Rajapaksa has recently instructed officials to implement short and long term plans in collaboration with the public and private companies as well as small-scale farmers in order to meet the demand for liquid milk in the local market.
The MoU signed between Sri Lankan food processors and the European Chamber in Sri Lanka would further strengthen the trade ties between Sri Lanka and EU.