Saudi Arabia’s sovereign wealth fund has gone bargain hunting during the current economic turmoil, snapping up about $7.7 billion worth of shares in some of the best known companies in the world, Dubai media reports have stated.
Sri Lanka’s predominant business chamber, the Colombo Chamber of Commerce (CCC), has reportedly appealed to the President for intervention to instruct banks to support the SME and MSME exporters
The government of Sri Lanka is exploring the possibility of developing the Galle harbor, located in the country’s southern coast, into a Global Crew Exchange Hub
The Postal Department of Sri Lanka has reportedly said that steps have been taken to send overseas mail and goods to few selected destinations by air and sea.
Cinnamon Life by Sri Lanka’s John Keells Group has resumed construction of Cinnamon Life, which is the country’s single and largest private mixed development investment.