
Colombo Port City to transact in foreign currency only
The Central Bank of Sri Lanka has set a separate type of accounts called the Colombo Port City Investment Account (CPCIA) that will be used

The Central Bank of Sri Lanka has set a separate type of accounts called the Colombo Port City Investment Account (CPCIA) that will be used

The Indian government doesn’t appear keen to invest in the China backed $14-billion Port City Colombo (PCC) project and further it has been reported that

A special 40-year tax concession has been announced by the Sri Lankan government to those who invest in the Colombo Port City. The government spokesperson

Sri Lanka is grappling with a crippling economic crisis, with rising prices, food and fuel shortages, and the threat of a national default on the

According to the head of the commission managing the project, the Indian subcontinent is the main target market for the $1.12 billion Port City Colombo,
The Cabinet this week gave approval for the Legal Draftsman to prepare the Colombo Port City Commission Bill in accordance with the structure desired by
November 19, 2020: A mega Chinese real-estate development in Sri Lanka will open early next year offering tax concessions to attract investors and revive the

October 5, 2020: The Government said the controversial and politically sensitive Colombo Port City agreement signed between Sri Lanka and China will not be renegotiated,

September 28, 2020: In September 2014, Chinese President Xi Jinping and then Sri Lankan President Mahinda Rajapaksa jointly inaugurated cooperation project Colombo Port City, which

The Central Bank of Sri Lanka has set a separate

The Indian government doesn’t appear keen to invest in the

A special 40-year tax concession has been announced by the

Sri Lanka is grappling with a crippling economic crisis, with

According to the head of the commission managing the project,
The Cabinet this week gave approval for the Legal Draftsman
November 19, 2020: A mega Chinese real-estate development in Sri

October 5, 2020: The Government said the controversial and politically

September 28, 2020: In September 2014, Chinese President Xi Jinping