The Colombo Stock Exchange (CSE) has said the success of Windforce Ltd.’s IPO demonstrated strong appetite among investors in Sri Lanka, the CSE has noted in a statement.
Sri Lanka’s Cabinet of Ministers has reportedly granted approval for land allocations in nine industrial zones around the country for fresh investment projects.
Sri Lanka’s CEAT Kelani Holdings has reportedly announced a significant increase in production that will more than double the number of Truck Bus Radial (TBR) tyres reaching the domestic market by June this year.
Sri Lanka’s Cabinet of Ministers has reportedly granted approval to construct four colour-coded elevated railway tracks that will connect Colombo to its most populous suburbs.
Blackstone Group, one of the world’s leading private equity firms, has reportedly entered Sri Lanka, buying a 56.45% stake in Piramal Glass Ceylon PLC for Rs. 6.2 billion