Colombo’s Grand Hyatt Revival Faces Questions and High Stakes
	
	
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				 CNL Reporter 
			
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				 October 20, 2025 
			
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				 News			
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				Grand Hyatt			
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The Government has revived the long-stalled Grand Hyatt Colombo project, reappointing Deloitte as transaction adviser to oversee its divestiture and potential completion.
	
	
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		New Push to Revive Beira Lake Development Project
	
	
	
	The Government has reopened investment opportunities for a high-value mixed development project at No. 40, D.R. Wijewardena Mawatha,
	
	
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		Government Grants Tax Relief for Renewable Energy Investments
	
	
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				 CNL Reporter 
			
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				 October 20, 2025 
			
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				 News, Political			
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				Tax			
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Sri Lanka has announced new duty and tax exemptions on the import and local purchase of capital goods for selected priority sectors,
	
	
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		Congestion and Bureaucracy Cripple Colombo’s Maritime Gateway
	
	
	
	Severe congestion and procedural inefficiencies at the Port of Colombo have disrupted Sri Lanka’s export trade,
	
	
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		Government Launches New Unit to Track Illicit Wealth
	
	
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				 CNL Reporter 
			
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				 October 20, 2025 
			
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				 News			
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				PCID, Sri Lanka			
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Sri Lanka has launched the Proceeds of Crime Investigation Division (PCID) to trace and recover assets acquired through corruption and criminal activity. Established under the newly passed Proceeds of Crime Act,
	
	
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		Sri Lanka’s Education Funding among Lowest in Its Income Group
	
	
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				 CNL Reporter 
			
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				 October 20, 2025 
			
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				 Education			
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				Sri Lanka			
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Sri Lanka’s public spending on education remains among the lowest in the developing world,
	
	
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		New Hydro Power Association Head Eyes Stronger Sector Reforms
	
	
	
	Newly elected Small Hydro Power Developers Association (SHPDA) President Pathmanatha Poddiwala has pledged to guide the renewable energy
	
	
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		Port City Colombo Wins Top Regional Award for Innovation and Sustainability
	
	
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				 CNL Reporter 
			
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				 October 20, 2025 
			
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				 News			
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				Port City			
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Port City Colombo has been named the “Best Knowledge Zone – Asia Pacific Region” and received a “Highly Commended” recognition for sustainability in the Global Free Zones of the Year 2025 awards by FDI Intelligence,
	
	
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