French hospitality development venture to invest millions in Sri Lanka’s tourism sector
French hospitality development venture, Salt Collective Ltd., is to invest almost US$ 4 million in Sri Lanka to set up
22
Sep
15
Sep
Sri Lanka’s Sunshine Holdings to fully acquire energy subsidiary with an additional Rs. 400 million
Daily FT: Sunshine Holdings PLC is to fully acquire its energy arm as it continues to divest another subsidiary.
15
Sep
Sri Lanka’s Finance Minister pushes steps to boost country’s foreign exchange earnings
Sri Lanka’s Finance Minister Basil Rajapaksa is engaged in aggressively pushing methods to increase the country’s foreign exchange earnings
15
Sep
Sri Lanka’s WindForce to take over 2.2 MW Sky Solar for Rs. 265 million
Sri Lankan renewable energy company, WindForce PLC, is reportedly planning on investing Rs. 265 million to acquire Sky Solar Ltd.,
15
Sep
Nestlé S.A. buys more shares in Sri Lankan venture increasing stake to 49.3 million shares
Nestlé had also recorded a growth in earnings for 2Q 2021 up by 41.9% YoY to Rs. 844.3 million compared to Rs. 594.9 million