VA Foods Plc of Sri Lanka, which is known for its Heladiv branded ready-to-drink tea, has reportedly announced that it has opened a unit in California in the USA to distribute tea concentrates and specialty products.
Sri Lanka’s State Minister for Development Strategies and International Trade, Sujeewa Senasinghe has reportedly said that Sri Lanka and Kenya could mutually benefit through closer business ties due to their strategic locations.
Millennium Housing Developers Plc of Sri Lanka, which is a publicly traded company, has reportedly stated that it was investing Rs. 5 billion to develop luxury apartments
The Indian High Commission in Colombo has announced that the state owned Sri Lanka Railways has inked a US$ 82.64 million deal to buy 160 passenger coaches from India’s RITES Ltd.
A report prepared by the Geneva-based International Trade Centre (ITC) has reportedly stated that the Sri Lankan government could allow more payment gateways and reduce fees to expand electronic commerce.