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.
The Cinnamon Life project in Sri Lanka, which is considered as Colombo’s landmark, skyline-transforming development project has reportedly marked a key milestone in its construction this week, with the topping-off of all its towers as well as the luxurious 800-room Cinnamon Hotel building.
India, Switzerland, Sweden and China have been added to list of countries that have softened their travel advisories to Sri Lanka.
The governments of Sri Lanka, India and Japan have signed a Memorandum of Cooperation (MOC) to develop the East Container Terminal in Sri Lanka’s main port, the Colombo harbour.