News Room

Wednesday, August 28, 2024

Port City Colombo : How Close Could it Come to Matching Singapore’s Benchmark of Business Prowess?

Singapore’s remarkable ability to consistently rank amongst the top destinations worldwide for attracting Foreign Direct Investments (FDI), despite being Asia’s third-smallest country, stems from its exceptional business friendly environment. According to World Bank data...

Feature interviews

August 20, 2024

LMD’S Most Respected Profiles: CHEC PORT CITY COLOMBO

As an SEZ governed by the Colombo Port City Economic Commission (CPCEC), Port City Colombo will present a low risk financial environment that enhances the ease of doing business for global investors in Sri Lanka...

Port City Colombo will help foster economic growth

With the Sri Lankan economy bouncing back to normalcy earlier than expected, the investor appetite for Port City Colombo is also rapidly increasing as its infrastructure too is on...

Progress updates

Gazetted regulations clear path for banks to operate at Port City Colombo

The banks will soon begin operations at Port City Colombo, now that the offshore banking regulations have been gazetted, paving the way for the area to become a major financial...

Investment Opportunities

The Mall at Port City Colombo gears up for opening by Q3

The Port City Colombo yesterday announced that China Duty Free (CDF) and One World Duty Free (ODF) have been granted status as Businesses of Strategic Importance (BSI) by the...

Vice Chancellor of Flinders University visits Port City Colombo

Vice Chancellor of Flinders University, Professor Colin J. Stirling, recently visited Port City Colombo as part of the ongoing discussions regarding the educational investment...

IFS announces new venture in Colombo Port city, promising additional 1,000 jobs

Software giant IFS yesterday announced that it is set to launch a new venture in Colombo Port City, a move expected to create additional 1,000 new employment opportunities...

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