Sri Lanka passport holders returning from abroad and resident diplomats, would be allowed to buy up to 5000 US dollars of goods at a duty free mall in the China-backed Colombo Port City according to regulations issued by its governing authority.
Sri Lanka s Gateway education group plans a school in the China-backed Colombo Port City with a British partner the country s High Commission in London quoted its chairman Harsha Alles as saying.
Sri Lanka s China-backed Colombo Port City special economic zone, which has is giving long term tax holiday is likely to face pressure as the international community which is moving for a minimum 15 percent global tax, an International Monetary Fund report has warned.
China-backed Colombo Port City has again come under the spotlight for wrong reasons after the authorities broke their promise and imposed variable charges on th
China-backed Colombo Port City has again come under the spotlight for wrong reasons after the authorities broke their promise and imposed variable charges on the people visiting the site.