One of the ailing state owned ventures, Sri Lanka’s Kantale Sugar Factory, which is a state owned venture that requires a vital upliftment, is now on a road to revival with the receipt of US$ 300 million foreign investment.
Sri Lanka’s tea exports in the first half of this year have reportedly reached its highest ever of Rs. 121.8 billion, which is an increase by 7%
Tourism authorities in Sri Lanka have reportedly welcomes over 100 Chinese travel agents, which is the largest group to arrive in the country following the Easter Sunday attacks in April, to help revive Sri Lanka’s tourism industry.
Sri Lanka’s State Minister for Civil Aviation Ashoka Abeysinghe has reportedly stated that the upgraded Palaly airport in the country’s Northern Jaffna peninsula will be able to accommodate regional airliners
Official of INSEE Cement Company based in Sri Lanka has reportedly stated that the company is anticipating its business to increase with the demand for specialist cement from Chinese companies.