The government of Sri Lanka has decided to permit the state operated Ceylon Electricity Board (CEB) to purchase power from a small solar power plant at Rs. 14.24 a unit, under build own operate (BOO) basis.
Sri Lanka is reportedly re-cycling 30 percent of its waste plastic including waste washing up on its shores into fabric and brushes opening up a multi-million dollar business.
Australia- Sri Lanka bilateral trade and services have recorded a strong growth in 2018 to more than $A 1.5 billion mark for the first time to reach over $ 1.6 billion,
Cinnamon Hotels and Resorts of Sri Lanka has announced at the World Travel Market (WTM) in London recently the grand unveiling of Cinnamon Bentota Beach with an investment of Rs.4.9 billion.
Sri Lanka’s tourism industry is reportedly preparing a number of aggressive tourism promotions to be carried out in 12 markets by next January.