The Central Bank of Sri Lanka (CBSL) in its Land Price Index has recorded that Colombo District has reached 132.2 during the first half of 2019,
A Sri Lankan apparel maker, Teejay Lanka Plc, which has operations in Sri Lanka and India, is reportedly planning on growing revenues by 50 percent in the next three years.
Sri Lanka’s Ministry of Industry, Commerce, Skills Development and Vocational Training states that South Korea is to provide funds amounting to US$ 50 million to Sri Lanka to set up its first fully fledged Ocean University
Abans Group of Sri Lanka, which has interests in consumer durables, property and auto distribution, has reportedly acquired the agency for Korea’s Hyundai.
Sri Lanka’s national carrier, SriLankan Airlines, is reportedly looking at breaking up its existing cargo terminal space at the Katunayake International Airport into separate dedicated areas to handle different types of cargo to improve efficiency.