A report prepared by the Geneva-based International Trade Centre (ITC) has reportedly stated that the Sri Lankan government could allow more payment gateways and reduce fees to expand electronic commerce.
Finance Minister of Sri Lanka Mangala Samaraweera has reportedly said that subsidized credit made available under the government’s Enterprise Sri Lanka programme is aimed at developing entrepreneurial culture in the country and is only intended for new businesses.
The US Embassy in Colombo has signed a Memorandum of Understanding recently with the Matara Chamber of Industry and Commerce to open a new American Corner in Matara.
Browns Hotels and Resorts of Sri Lanka, which is owned by Browns Investments PLC, has reportedly stated in the Browns Investments’ latest annual review that the company is keen on competing its expansion projects in the Maldives.
Well known Sri Lankan businessman Asanga Seneviratne has reportedly decided to sell some of his shares in Anilana Hotels (ALHP), which is listed in the Colombo Stock Exchange (CSE).