A recent report released by the World Bank has stated that there is untapped export potential for Sri Lanka if it plugs into India’s local and regional value chains.
A Sri Lankan real estate investment company, Lanka Realty Investments, has reportedly said in a stock exchange filing that its rights issue to raise Rs. 632 million had been fully subscribed.
State Minister of Finance in Sri Lanka Eran Wickramaratne has said that the government is looking at raising US$ 500 million through the sale of two state-owned hotel companies within the next six months.
Governor of the Central Bank of Sri Lanka, Indrajit Coomaraswamy has reportedly said the country will commence the process of seeking legal approvals to sell Renminbi and Yen denominated bonds
Sri Lanka’s Primary Industries Minister Daya Gamage has reportedly said the country may easily exceed a 2025 target of US$ 1.5 billion exports in spices, fruits and vegetables and fisheries.