Millennium Housing Developers Plc of Sri Lanka, which is a publicly traded company, has reportedly stated that it was investing Rs. 5 billion to develop luxury apartments
The Indian High Commission in Colombo has announced that the state owned Sri Lanka Railways has inked a US$ 82.64 million deal to buy 160 passenger coaches from India’s RITES Ltd.
A report prepared by the Geneva-based International Trade Centre (ITC) has reportedly stated that the Sri Lankan government could allow more payment gateways and reduce fees to expand electronic commerce.
Finance Minister of Sri Lanka Mangala Samaraweera has reportedly said that subsidized credit made available under the government’s Enterprise Sri Lanka programme is aimed at developing entrepreneurial culture in the country and is only intended for new businesses.
The US Embassy in Colombo has signed a Memorandum of Understanding recently with the Matara Chamber of Industry and Commerce to open a new American Corner in Matara.