Tea export volumes of Sri Lanka for the month of January 2019 have reportedly totaled 23.6 M/kgs, which is an increase of 2.7 M/kgs from the same period last year.
Sapphire Residences in Sri Lanka, which is a collaboration between ITC Ltd India and Welcome Hotels Lanka (Pvt) Ltd, has reportedly attracted much interest from many high net worth individuals including local and foreign sportsmen.
The government of Sri Lanka has reportedly expressed its commitment to liberalizing the country’s economy removing excess controls and has noted that it was time for Sri Lanka’s private sector to change their attitude of depending on state concessions and protection to make a tradable economy.
Sri Lanka’s property experts reportedly observed that now is the time to buy property in the country at the recently held Lanka Property Show 2019.
Governor of the Central Bank of Sri Lanka, Indrajit Coomaraswamy has reportedly stated that Sri Lanka has been offered a US$ 1.5 billion equivalent Renminbi swap from the People Bank of China.