A Chinese-backed real estate project near Sri Lanka’s main port is in discussion with investors for up to US$ 4 billion in investments in its first phase,
Finance Minister of Sri Lanka, Mangala Samaraweera and officials of the Asian Development Bank (ADB) have discussed last week the need to accelerate ongoing bilateral projects
Tea brokers in Sri Lanka have reportedly said that prices of several grades of Sri Lankan tea have seen a sharp increase at last week’s one-day auction in Colombo
Sri Lanka’s plans to enhance its investment climate by introducing mechanisms aimed at reducing red tape and speeding up key processes will be given wide-ranging coverage in a report
A subsidiary of the World Bank Group, the International Finance Corporation (IFC), is reportedly investing US$27 million in Sri Lanka’s Melwa Hotels