COLOMBO (Reuters) - Sri Lanka's prime minister said on Wednesday a $1.5 billion luxury real estate deal with China was signed without cabinet approval and without following procedures, and launched a ...

The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international development financing.

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently convened an informative session titled “Change in Waves: Safe or Struggle? Navigating Incentives and Reforms under the Port ...

As India looks outward to sustain its growth momentum, Port City Colombo offers a strategic base that combines proximity, cost efficiency, and long-term fiscal incentives for cross-border expansion.

COLOMBO — For its $15 billion Port City Colombo project, Sri Lanka has launched a new campaign aimed at global investors, offering major tax breaks and full foreign ownership as it tries to position ...

Home Lands has secured an over three-acre premium mixed-use land parcel at Port City Colombo in a landmark transaction valued ...

The proposed site for a $553-million project to build a new, deep-water shipping container terminal in the Port of Colombo, Sri Lanka, Wednesday, Nov.8, 2023. Credit: AP Photo/Eranga Jayawardena The U ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. COLOMBO, Sri Lanka (AP) — The U.S. announced ...

COLOMBO, Sri Lanka — The U.S. announced a $553 million project Nov. 8 to build a deep-water shipping container terminal in Sri Lanka’s Port of Colombo as it competes with China in international ...

COLOMBO, Sri Lanka (AP) — The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka's Port of Colombo as it competes with China in ...