Angel Beach, a first-of-its-kind hotel and family day beach club, has reportedly opened its doors in Sri Lanka’s southern coastal city of Unawatuna to discerning travellers with a promise to ‘serve good vibes’.
The apparel sector in Sri Lanka has reportedly stated that the industry is confident of surpassing US$ 5 billion export earnings by the end of the year following the nearly 10% growth recorded so far.
Several industries in Sri Lanka like tourism, real estate and construction that were affected by the Easter Sunday attacks in April have begun to regain its growth momentum.
Japan’s SBI Group has reportedly decided to invest US$ 2 million in Sunshine Energy to further expand on renewable energy production in Sri Lanka.
One of the ailing state owned ventures, Sri Lanka’s Kantale Sugar Factory, which is a state owned venture that requires a vital upliftment, is now on a road to revival with the receipt of US$ 300 million foreign investment.