
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,
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
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,
November 19, 2020: A mega Chinese real-estate development in Sri
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