A senior official of Sri Lanka’s John Keells Holdings (JKH) has reportedly said the company has decided to postpone the previous decision to refurbish the Crescat shopping mall in Colombo due to rising sales in the ongoing Christmas and New Year season.
Sri Lanka’s Finance Ministry has stated that Germany is giving credit and grants to complete a hospital in Sri Lanka initiated by a gift from former Chancellor Helmut Kohl.
Macroeconomist and internationally renowned emerging markets investment expert Dr. Jim Walker has reportedly said that Sri Lanka could be a big beneficiary of China’s Belt and Road Initiative (BRI) such as other Asian frontier markets
A senior official of the government of Sri Lanka has reportedly said the state was in the process of facilitating the maiden US$ 400 million investment for the newly reclaimed land at the Port City in Colombo.
Sri Lanka and Japan have discussed the commitment to further strengthen bilateral cooperation between the two countries in vital sectors of economic development.