Aero City Phase 1 to commence in Katunayake
Sri Lankan cabinet recently approved a proposal to take over 80 acres of land to develop the Aero City project.
13
Nov
10
Nov
Budget 2018: Sri Lankan government promotes solar charging stations for electric car market
The government of Sri Lanka has proposed the slashing of taxes on electric cars by Rs. 1 million as well as electric buses in the Budget 2018. Tax cuts will also be cut for electric three wheelers.
10
Nov
Budget 2018: Sri Lanka to lift land ownership restrains on foreign investors in listed companies
Sri Lanka’s Finance Minister Mangala Samaraweera says the government will move to lift foreign investor restrains on listed companies owning land.
10
Nov
Budget 2018: Sri Lankan government to encourage foreign shipping and logistics companies
Finance Minister of Sri Lanka, Mangala Samaraweera says the government will remove restrictions on foreign ownership of ship agency and freight forwarding businesses.
10
Nov
Sri Lanka’s turn to renewable energy production results in the setting up of 100MW wind farm
A report in the Modern Power systems website states that the Asian Development Bank (ADB) is to support the construction of a 100 MW wind farm in Sri Lanka with a US$ 200 million loan.