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China Harbour Engineering to construct 7-star Achilleion project

China Harbour Engineering to construct 7-star Achilleion project

 Sri Lankan real estate player Blue Mountain has signed an agreement with China Harbour Engineering Company Ltd. (CHEC) to build Achilleion, its Seven Star Luxury Project. Press release issued by Blue Mountain Apartments is reproduced below. In a historic move, Sri Lanka’s real estate major, Blue Mountain, has signed an…

Mangala leads lankan delegation to adb manila confab

Mangala leads lankan delegation to adb manila confab

Finance and Mass Media Minister Mangala Samaraweera will lead the Sri Lankan delegation at the 51st Asian Development Bank (ADB) Board of Governors’ Annual Meeting 2018 at the ADB Headquarters in Mandaluyong City in Manila. Minister Samaraweera, who is also the ADB Governor for Sri Lanka, will address…

India’s rice exports surge to record high in 2017-18

India’s rice exports surge to record high in 2017-18

India’s rice exports surged 18 per cent from a year ago to a record 12.7 million tonnes in 2017-18 on good demand for non basmati rice from Bangladesh, Benin and Sri Lanka, a government body said in a statement. The country’s buffalo meat exports in the year ended…

Pakistani investors came to explore new investment opportunities

Pakistani investors came to explore new investment opportunities

A group of investors from several Pakistani companies has come to Sri Lanka to look into several new…

Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min

Sri Lanka targets USD2.5Bn in FDI in 2018, USD 5Bn by 2020:Fin Min

Sri Lanka’s government is looking at attracting up to US 2.5 billion dollars in Foreign Direct Investments (FDI)…

Lanka’s forex reserve increases to US$ 7.9 bn in February

Lanka’s forex reserve increases to US$ 7.9 bn in February

Sri Lanka’s forex reserve assets increased to US$ 7.9 billion in February 2018, above the average four month…

China’s Sri Lanka investments to get around trade sanctions

China’s Sri Lanka investments to get around trade sanctions

China is considering investments in export industries in Sri Lanka partly to get around trade sanctions now being…

Business mission from New Zealand to arrive in April

Business mission from New Zealand to arrive in April

A group of 20 delegates representing 13 innovative New Zealand companies will arrive in Colombo on 2nd April…

US withdraws anti-dumping probe on Sri Lanka rubber bands

US withdraws anti-dumping probe on Sri Lanka rubber bands

The United States has withdrawn charges of anti-dumping and countervailing duty on Sri Lanka rubber band exports, the…

Orion City and Dialog partner to build High Density Data Centre

Orion City and Dialog partner to build High Density Data Centre

 Sri Lanka’s Dialog Axiata Group announced a joint venture partnership with Orion City to build and manage the…

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