One of the largest trade show organizers in the world, Messe Frankfurt, has reportedly announced that it will open a sales office in Colombo this December.
A local media report referring to a recent study by leading global real estate consultancy Jones Lang La Salle (JLL) has stated that the proposed Colombo Light Rail Transit (LRT) project
Sri Lanka has been on the path to development since the end of the civil war in 2009 and most of the development has been credited to the real estate sector in the past five years.
China is reportedly assisting Sri Lanka with up to US$ 1.25 billion in 2018 with a below market rate syndicated loan and smaller Panda bond planned for later this year, the local media has reported.
Sri Lanka’s Joint Apparel Association Federation (JAAF)) has stated that the country’s apparel exports have grown by 12.1 percent from a year earlier to US$ 427 million in June 2018.