A five-year debenture issued by Sri Lanka’s diversified Hayleys Group, with interests in export manufacturing, consumer durables and logistics, to raise Rs. 3 billion, has reportedly been oversubscribed.
India’s leading Non-Banking Finance Company (NBFC), Mahindra & Mahindra Financial Services Ltd. (Mahindra Finance), has reportedly entered into a joint venture with Sri Lanka’s Ideal Finance Ltd. (IFL).
The Sri Lanka Association of Software and Services Companies (SLASSCOM) and the Norwegian Ministry of Foreign Affairs have reportedly entered into a two-year agreement to foster collaboration in the ICT industry.
Canadian YouTubers Luke Martin and Sabrina Davidson of Chopstick Travel are currently in Sri Lanka working with the Sri Lanka Tourism Promotion Bureau (SLTPB) to promote the island’s tourism sector to overseas markets.
Sri Lanka’s Prime Minister Ranil Wickremesinghe and Indian High Commissioner in Sri Lanka Taranjith Singh Sandhu have declared open a vehicle assembly plant in Sri Lanka