Sri Lanka’s Cape Weligama hotel has reportedly been named one of the Top 10 resorts in Asia by readers of the travel publication Condé Nast Traveller
The government of Sri Lanka has reportedly called for expressions of interest for the sale of stocks in the building that houses Colombo Hilton and a partially built tower which is expected to house a Grand Hyatt.
The Finance Ministry of Sri Lanka has stated that the government would receive 30 million euros from France for a project to cut transmission losses at state owned Ceylon Electricity Board (CEB).
Sri Lanka’s Minister of Industry and Commerce Rishad Bathiudeen notes that despite low trade within South Asian region, there is great potential for using ICT to contribute to social and economic progress across South Asian countries.
A recent report issued by the World Bank has pointed out that Sri Lanka has been unable to fully capitalize on the near-monopoly position it holds on the Sri Lanka-India air routes.