Sri Lanka and China have reportedly held discussions on the recommencement of negotiations on the proposed Sri Lanka-China Free Trade Agreement (FTA) in Beijing.
The government of Sri Lanka is reportedly looking at cutting the embarkation tax on tourists by US$ 10 in a bid to boost tourism in the wake of negative impact faced by the industry following the Easter Sunday attacks.
A senior minister of the government of Sri Lanka has reportedly stated that land prices in and around Malabe have increased up to 129 percent following the announcement and launch of the proposed light rail transit (LRT) project.
Sri Lanka’s Megapolis and Western Development Minister Champika Ranawaka has stated that the US$ 2.2 billion light rail transit (LRT)
Cargills (Ceylon) of Sri Lanka, which operates Sri Lanka’s largest supermarket chain, is reportedly investing Rs. 3 billion on a new centralized logistics centre in order to meet its future islandwide supply chain requirements.