News Room

IFS marks $ 1 b contribution to SL
Global leader in enterprise cloud and industrial AI software IFS will be marking a $ 1 billion contribution to Sri Lanka by end of this year whilst promising further commitment to the country, according to...
Port City Colombo spearheads growth of IT industry in Sri Lanka
Port City Colombo said yesterday it is progressively facilitating the growth of a robust digital ecosystem that would uplift the Sri Lankan economy...
Parliament approves offshore banking regulations at Port City Colombo
Port City Colombo yesterday announced that the two gazetted regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence, were officially...
The Mall : Duty-free shopping complex declared open at Port City Colombo
President Ranil Wickremesinghe officially opened “The Mall,” a newly constructed duty-free shopping complex in the Colombo Port City area on Thursday. This marks the debut of the first urban duty-free shopping mall in the region...
Port City Colombo Attracts 100+ Companies as Authorised Persons
Port City Colombo has achieved a significant milestone, on-boarding 100+ companies as Authorised Persons (AP’s), as of August 24th, 2024. These companies represent a diverse range of sectors identified to the Colombo...
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...
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