Prime Minister of Sri Lanka Ranil Wickremesinghe has recently stated that the government wanted to focus on the need to link the Northern Province with southern development corridors to develop its economy focusing on agriculture, fishing, tourism and manufacturing.
An Indonesian firm and Colombo based Pyramid Holdings, Gama Corporation is reportedly planning to commence a joint venture with Sri
Authorities in Sri Lanka have granted approval to UAE based Aspire Properties Holdings Limited to construct a US$ 89 million apartment complex project in the country’s capital Colombo.
The Sri Lanka Ports Authority (SLPA) has reportedly stated that containers handled by the country’s main port in Colombo has grown by 16.2 percent
The Indian media has reported that with zero customs duty on exports to India and Europe from Sri Lanka, Hero Cycles is planning to increase its stake in its Colombo-based bicycle unit this quarter.