Sunday, March 8

Tag: CIFC

CIFC laws before Cabinet in two months: PM
Business, Main Story

CIFC laws before Cabinet in two months: PM

Tells investor forum in Singapore laws to govern financial city being drafted  UK has agreed to provide assistance  Says CIFC must find way to differentiate itself from competitors  Govt. dedicated to stronger relations with range of countries including India, China and Vietnam Says plans laid to make SL developed by 2050 but careful implementation needed    The Colombo International Financial City (CIFC) project is expected to take a step forward in the next two months when laws drafted to govern and lay the groundwork for the venture are presented to Cabinet, Prime Minister Ranil Wickremesinghe told a business forum in Singapore yesterday. The Prime Minister, who embarked on a visit to Singapore on Sunday, outlined the investment expected from the CIFC, more commonly kn...