Lankan property market soars amidst pandemic Daily News (via HT Media Ltd.)
Sri Lanka has grown in popularity as a second-home destination for foreigners, despite tragedies such as the 2004 Indian Ocean tsunami and the Easter Sunday bombings of 2019, both of which caused mass casualties, a report published in the New York Times said. © Getty Representational image
It said much of the country’s appeal has to do with a warm year-round climate, gorgeous beaches, exotic jungle locales, picturesque paddy fields and a population that to a great extent speaks English.
“Sri Lanka has a lot of very friendly people who are very hospitable,” said Pranesh Paramanantha, a real estate professional with Sri Lanka Sotheby’s International Realty. “There are a lot of tourists who are really attracted to this country, and tourism is a major driving factor for the real estate market.”
House Hunting in Sri Lanka: Open-Air Grandeur With Ocean Views
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ComBank becomes Sri Lanka s first carbon-neutral bank - Adaderana Biz English
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The Commercial Bank of Ceylon has become the
first Sri Lankan bank to achieve carbon neutrality for the entirety of its
operations, encompassing all 268 branches and its head office – a monumental
milestone in the Bank’s commitment to the environment.
Becoming a net-zero carbon company was one of
Commercial Bank’s Green Goals, to be achieved by the close of its centenary
year in 2020.
The Bank’s carbon neutral status has been
affirmed by Climate Smart Initiatives (Pvt) Ltd., which executed the
quantification of the Bank’s carbon footprint in accordance with the ISO
14064‐1‐2018 standard. A total of 13 emission sources covering both direct and