The government of Sri Lanka has reportedly decided to sell its shares in Colombo Hilton and Hyatt Hotel.The government has called for proposals to advise the government on the sale of Hotel Developers (Lanka) Pc,
The American Chamber of Commerce (AmCham) has reportedly said that the decision to withdraw the GSP form Sri Lanka is not being country-specific
The tourist arrivals in Sri Lanka have recorded a growth of 3.2 percent to 2,116,407 million in 2017.However, the figure is short of the 2.5 million target announced by Tourism Minister John Amaratunga in 2017.
Governor of the Central Bank of Sri Lanka, Indrajit Coomaraswamy has reportedly said that Sri Lanka’s economic growth will rebound to 5.0 to 5.5 percent in 2018 from a below 4.0 percent in 2017 with more domestic and foreign private investment.
President of the Association for Sri Lanka-China Social and Cultural Cooperation Indrananda Abeysekera has reportedly said that several events have been planned for this year to further promote Sino-Lanka ties and spread further awareness on China’s Belt and Road Initiative in Sri Lanka.