Sri Lanka’s Minister of Roads and Highways, Ports and Shipping Johnston Fernando has reportedly directed the relevant officials of the country’s Port Ministry to submit a detailed report on decisions that should be made to expedite the next phase of the Eastern Container Terminal (ECT) development project.
Sri Lanka’s Minister of Industrial Exports and Investment Promotions, Tourism and Aviation, Prasanna Ranatunga has reportedly said that the country’s exporters would be offered a special simplified tax system to encourage exports.
Sri Lanka’s NDB Investment Bank (NDBIB) has reportedly said it had helped Maldives Investment Bank (MIB) raise 244.1 million Maldivian rufiyaa (approximately US$ 15.8 million) through an initial public offering.
The European based TUI Mein Schiff 6, which is a cruise ship owned by TUI Cruises, was reportedly in Sri Lanka for the first time
Australian mineral sands miner Titanium Sands Ltd. (TSL) is reportedly looking at increasing its resource base in Sri Lanka with shareholder approval