Indian subsidiary in Sri Lanka launch French hotel brand Kyriad in the island
Orange Elephant Hospitality Pvt. Ltd., (OEHPL) which is a company incorporated in Sri Lanka and a subsidiary of Orange Tiger
24
Dec
24
Dec
Group of Chinese investors in Sri Lanka exploring investment opportunities
A group of top investors from Jilin Province in China have reportedly arrived in Sri Lanka to explore investment opportunities in the island.
24
Dec
Sri Lanka to encourage build, operate, transfer style deal for Colombo’s East Terminal
Secretary to Sri Lanka’s President, P.B. Jayasundera has reportedly said the government of Sri Lanka is looking at a build, operate, and transfer (BOT) style deal for Colombo Port’s East Terminal which may require over US$ 500 million in investments from India and Japan.
24
Dec
Sri Lanka’s LOLC Finance PLC signs loan agreement with Swedfund
Sri Lanka’s LOLC Finance PLC (LOFC), which is a LOLC Group subsidiary, has reportedly signed a loan agreement with Swedfund – the Swedish Government’s Development Finance Institution (DFI) – to receive a total of US$ 10 millio
24
Dec
Sri Lankan government to implement incentives including loan restructuring for tea sector
A senior official of the government of Sri Lanka has reportedly said the government is looking at implementing a major loan restructuring plan for the tea sector which could also include a moratorium