The government of Sri Lanka has reportedly widened a credit scheme at subsidized interest rates to promote entrepreneurship to include tourism and doubled housing loans.
The Board of Investment of Sri Lanka has reportedly signed an investment agreement with Sundara (Pvt) Ltd to develop a US$ 4.5 million boutique hotel on the country’s south coast.
Vidullanka Plc of Sri Lanka, which is a public traded company, has reportedly stated that the Sri Lankan government has commissioned a 3.3MW dendro power plant that has been connected to the national grid from May 30.
Sri Lanka Tea Board is reportedly looking at doubling a government subsidy given for replanting tea bushes as part of the efforts to increase production of black tea.
The Finance Ministry of Sri Lanka has announced that the 54th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) is to be held in Colombo in May 2021.