The Export-Import Bank of Korea has reportedly approved US$ 14 million for the supply of garbage collection compactors to Sri Lanka.
Property website, LankaPropertyWeb.com, in its latest data has noted that there has been an increase in the number of apartment projects in Colombo and Greater Colombo areas.
The Ministry of Development Strategies and International Trade has stated that China has accounted for 35% of foreign direct investments (FDIs) into Sri Lanka up to September this year with FDI for the full year expected to total US$ 1.36 billion.
The government of Sri Lanka has reportedly launched a project to raise milk fish (ChanosChanos) to be used as bait by long line fishing vessels under a private public partnership (PPP).
Chennai-based Tube Investments of India Ltd., a company specializing in engineering bicycles, has reportedly entered into an agreement to acquire an 80% stake in two Colombo-based premium bicycle makers.