The Government of Sri Lanka is to launch the first phase of developing the Bingiriya Export Processing Zone (EPZ) next month under the patronage of Prime Minister Ranil Wickremesinghe.
Sri Lanka’s state power utility company, the Ceylon Electricity Board (CEB) and Sri Lanka Air Force have reportedly signed a memorandum of understanding (MOU) to facilitate the project of creating artificial rain for hydro power generation.
Sri Lanka’s investment promotion agency, the Board of Investments (BOI) and the Coast Conservation and Coastal Resources Management Department are reportedly working closely together to speed up approvals for investments.
A private bank in Sri Lanka, the Hatton National Bank (HNB) has reportedly announced that it has decided to increase the number of debentures to be issued to 50 million,
The flagship venture of the Sanken Group in Sri Lanka, Capitol TwinPeaks, which is located on the Beira Lakefront in Colombo 2, is reportedly forging forward ahead of schedule with 35 floors completed to ensure timely delivery of their investment for maximum profitability.