The Central Bank of Sri Lanka (CBSL) has stated that on yearly basis the Land Price Index for the period ending June 2017 has increased 12.6 percent
The government of Sri Lanka has reportedly retained most of the protection provided to the local ceramic industry through import tariffs.
The government of Sri Lanka is looking at pushing for private public partnerships (PPPs) to develop several domestic airports to help further strengthen the tourism industry.
Sri Lankan cabinet recently approved a proposal to take over 80 acres of land to develop the Aero City project.
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.