The government of Sri Lanka last week took steps to amend the country’s Electricity Act in a bid to liberalise the generation of electricity and provide a boost to the renewable energy generation sector.
Ultra Aluminium (Pvt.) Ltd. recently unveiled its latest BOI-approved factory in Arayampathy, Batticaloa which manufactures an import substitute known as aluminium extrusion profiles and thereby saving a significant dollar flow going out of the country.
With progress in construction work, the $ 400 million-plus ITC One Colombo development has crossed several major milestones on its journey towards completion in 2023
The Port of Colombo has been ranked as the most efficient port in South Asia and the Indian Sub-Continent, third in the Indian Ocean rim
The Initial Public Offering (IPO) of Luminex Ltd., through an offer for a subscription of 31,250,000 shares at a price of Rs. 8 per share to raise Rs. 250 million