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TOURISM ON THE MOVE

According to the Sri Lanka Tourism Development Authority, tourists are spending more time and money in the country than they did five years ago,...
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REAL ESTATE BOOM

The 296Ha Colombo Port City will be ready for commercial construction in 2020, with 90% of the $1.4 billion reclamation work completed by August...
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FULL CAPACITY

The apparel industry is currently experiencing a flurry of activity. Readmission to the EU’s preferential trade programme GSP+ has created excitement in an industry that...
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PET PROJECT TO MAKE YARN

Every month, Sri Lanka imports 1,200 tons of plastic to manufacture PET bottles for carbonated beverages and drinking water. BPPL, a recycling company, cleans,...
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BEATING ECONOMIC CYCLES

Hemas Holdings – a Rs44 billion revenue group of companies with businesses in personal care manufacturing, healthcare, hotels and logistics – acquired Atlas Axillia...
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OUT OF THE DEEP

Fisheries exports grew 42% to $241 million in 2017 after the EU lifted a fisheries exports ban the previous June. The export gain comes...