Sri Lankan leisure company, Jetwing is reportedly embarking on a pioneering journey to the luxury resort condominium market with a Rs. 4.5 billion investment.
Sri Lanka and Thailand has last week officially launched the negotiations for the proposed Free Trade Agreement (FTA) between the two countries.
Sri Lanka tyre maker Loadstar, is set to become part of Michelin, with its parent being taken over by the French group, a local media report has stated.
Sri Lanka’s Board of Investment (BOI) is reportedly gearing to reap the benefits of the Free Trade Agreement with Singapore by initiating discussions on four mega projects.
The Sri Lankan government has said that measures are being taken to secure intellectual property support for folk and indigenous medicines in the country in a bid to boost the sector.