'CHOGM, a shot in the arm for MICE tourism'
Beautification and upgrading of facilities at
Waters Edge, Battaramulla, the venue for the retreat of Heads of
State of the Commonwealth Heads of Government Meeting (CHOGM) is
progressing smoothly, said Waters Edge, General Manager, Rohan
Fernandopulle.
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Vehicle transshipment business flourishes at Hambantota port
The Hambantota port which created negative news
headlines and criticism in the media from the time construction work
was launched, has now begun to make striking business news with the
flourishing vehicle transshipment business, Project Director, Agil
Hewageegana told Sunday Observer Business.
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'Capital market will develop soon'
Sri Lanka's capital market will develop in the
near future as the country is now stable, while investor confidence
is growing, said Bank of Ceylon (BoC), Chairman Razik Zarook at the
launch of the Rs. 4 billion long-term BoC debenture issue in Colombo
last week.
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Lanka-China trade up 306 percent
The forthcoming China-Sri Lanka FTA is the
biggest development in Sino-Lanka Cooperation since the 1952
Rubber-Rice Pact. China is keen to see the groundwork on this FTA
completed by December this year. “My mission is to start the
China-Sri Lanka FTA process.
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