China lowers import tariffs on more than 850 products next month Beijing will lower import tariffs on more than 850 products including frozen pork from next month, the Finance Ministry has said last month, as authorities battle a severe shortage of the meat staple, French news agency, AFP has stated. AFP has reported that China’s pig industry has been hammered by…

Prime Minister Ranil Wickremesinghe says it is necessary to take a massive leap forward based on successful reforms to embark on a rapid development trajectory through a digital economy geared towards exports. The Premier held a particular discussion at Temple Trees with the representatives of the Sri Lankan Chamber of…

Prime Group of Sri Lanka has reportedly introduced ‘Prime Hot Deals,’ which is the country’s first-ever real estate e-commerce website. The website was launched last Tuesday (6) with the aim of revolutionising Sri Lanka’s real estate sector. Imagine being able to view and walk through a preferred property via a 360° virtual…

The Central Bank of Sri Lanka has reportedly stated that the country’s manufacturing and services sectors have recorded a growth in March 2019 from a month earlier ahead of the seasonal demand for the traditional Sinhala and Tamil New Year. The Sri Lanka Purchasing Managers’ Index (PMI) for manufacturing has grown…

Sri Lanka’s Hambantota International Port (HIP) has reportedly awarded a tender to Sinopec Fuel Oil Sales Co. Ltd. for oil trading works and the operation and maintenance of their oil tank terminal along with associated facilities. According to reports, bunkering being an important part of the marine services portfolio offered by…

The government of Sri Lanka has reportedly stated that bus fares which were raised by state regulation three times this year have come down by 6 percent after a fuel prices were cut by 17.9 percent. However, the minimum bus fare has recorded a 33 percent increase over the year. Since May…

Sri Lanka Telecom (SLT), the national ICT solutions provider in Sri Lanka, has recently announced a partnership with global electronic payments facilitator, Master card, to steer the adoption of electronic payments in Sri Lanka. A report in the local newspapers stated that under this partnership, Master card cardholders will receive…

Hayleys Advantis Ltd of Sri Lanka has reportedly ceremonially unveiled Sri Lanka’s largest distribution hub — Advantis 3PL Plus Logistics City — in Kotugoda, Ja-ela. This is part of the company’s strategic capacity building and expansion efforts aimed at serving its clients better through greater efficiencies and economies of scale…

located in Pinnawala with Beautiful Swimming Pools and view with Paddy Field. The Pinnawala Elephant Orphanage is the second largest tourist attraction next to the Sri Dalada Maligawa, Kandy. 45% of the tourists visited the Pinnawala Elephant Orphanage. LOCATION : Pinnawala SECTOR : Tourism and Leisure PROJECT VALUE : Available on Request INVESTMENT TYPE : Joint Venture Originally published at opportunitysrilanka.com.