The Colombo International Container Terminal (CICT) of Sri Lanka, which is managed by CMPort has reportedly been voted the Best Container Terminal in Asia in the Under 4 million TEUs category at the prestigious Asian Freight,
Sri Lanka Telecom PLC (SLT) has reportedly revolutionized the country’s connected mobility services and traditional taxi services industries through its Digital services subsidiary company, SLT Digital Info Services (Pvt) Ltd (SLTDS).
The Cabinet of Ministers in Sri Lanka has reportedly corrected an anomaly in a land ownership law and cleared purchases of land by foreign-owned listed companies before 1 April 2018 when a ban on foreign land ownership was lifted.
Sri Lanka’s state owned SriLankan Airlines is reportedly looking at selling a US$ 175 million bond to roll-over a similar sized issue that is maturing this month, which is fully guaranteed by the government.
Sri Lanka’s Government Information Department has announced that the Cabinet of Ministers has granted approval to raise Rs. 480 million for debt financing under the Active Liability Management Act (ALMA).