Sri Lanka’s East West Properties has reportedly decided to sell its stake in a high-rise beach resort managed by Marriot
Sri Lanka Tourism Promotion Bureau has noted that tourist arrivals to the country have increased by 19.3 percent from a year earlier to 235,618 in February 2018.
Indonesia’s Minister of Public Works and Housing Basuki Hadimoeljono has reportedly noted that a new frontier of cooperation in infrastructure and connectivity has emerged with Sri Lanka following Indonesian President Joko Widodo’s State visit to Sri Lanka last month.
Sri Lanka’s Ports and Shipping Minister Mahinda Samarasinghe has reportedly said that several major ports island wide would be developed in 2018.
The Diesel and Motor Engineering Company (DIMO) in Sri Lanka has reportedly stated that the company plans to expand its operations in transport to supplying agriculture seeds and fertilizer.