Cargills (Ceylon) of Sri Lanka, which operates Sri Lanka’s largest supermarket chain, is reportedly investing Rs. 3 billion on a new centralized logistics centre in order to meet its future islandwide supply chain requirements.
Sri Lanka’s First Capital Research has reportedly stated that the country was likely to experience an accelerated economic recovery since the months after the Easter Sunday attacks had shown a faster return to normalcy
Sri Lanka’s Government Information Department has reportedly stated that China’s state-owned power plant and railway equipment manufacturer Dongfang Electric International Corporation has been granted a contract to supply rail containers to Sri Lanka to transport solid waste.
The Government of Sri Lanka has yesterday launched the US$ 2.2 billion Japanese-funded Light Railway Transit (LRT) project, which is expected to be one of the key ventures initiated by the state to modernize Sri Lanka.
Sri Lanka’s Horana Plantations has reportedly announced its decision to diversify into more commercially viable crops, especially oil palm.