A Japanese delegation has reportedly arrived in Sri Lanka to discuss and set up a joint working group to develop the East Container Terminal (ECT) at the Colombo Port.
Power and Renewable Energy Minister of Sri Lanka Ravi Karunanayake has reportedly stated that the state owned power utility, the Ceylon Electricity Board (CEB), is set to retire power plants incurring high production costs within the next one and half years.
Tourism authorities in Sri Lanka are to make a fresh push to woo Chinese tourists to the country by putting up a major promotional initiative in Beijing.
Aitken Spence Hotel Holdings of Sri Lanka has reportedly states that the company would pursue management contracts for overseas hotels to diversify the business.
Panasian Power Plc has reportedly announced its plans to raise Rs. 400 million from the Emerald Fund, which is dedicated to investing in Sri Lanka to part finance 9 MegaWatts of solar power plants in several parts of the country.