Browns Hotels and Resorts of Sri Lanka, which is owned by Browns Investments PLC, has reportedly stated in the Browns Investments’ latest annual review that the company is keen on competing its expansion projects in the Maldives.
Well known Sri Lankan businessman Asanga Seneviratne has reportedly decided to sell some of his shares in Anilana Hotels (ALHP), which is listed in the Colombo Stock Exchange (CSE).
The Cabinet of Ministers in Sri Lanka has reportedly granted approval for the Global Level Tourism Development Project presented by Tourism Development and Christian Cultural Affairs Minister of Sri Lanka, John Amaratunga
The government of Sri Lanka is reportedly looking at constructing two new integrated golf resorts in the mountainous and beach areas in order to promote golf tourism in the country.
Finance Minister of Sri Lanka Mangala Samaraweera has reportedly noted that Sri Lankan farmers should shift towards higher value agriculture in order to avoid being trapped in low-wage subsistence farming.