US $ 273.1 m invested in last five years:

Sanjeevi JAYASURIYA

The country’s shipping industry will continue its growth momentum as several mega port development projects were launched during the last five years.

A sum of US $ 237.1 million has been invested. This year surpasses the previous figure and of which port related investment records an increase including a US $ 500 million for the third terminal to be constructed at the Colombo Port.

The polic...

(by Uditha KUMARASINGHE)
The number of tourist arrivals in 2012 could exceed 950,000 with the increased arrivals from the traditional markets of South Asia and Western Europe and hitherto untapped markets such as East Asia and North America.

According to the document, Recent Economic Developments issued by the Central Bank initiatives such as resumption of the ferry service between Sri Lanka and India after 20 years would attract more Indi...