Petronet aims to setup terminal in Sri Lanka, eyes Narendra Modi govt push

Petronet aims to setup terminal in Sri Lanka, eyes Narendra Modi govt push

Petronet LNG, India’s biggest player in liquefied natural gas, is planning to set up a re-gassification terminal in Sri Lanka as part of a strategy to expand its footprint outside the country. Earlier, it has started negotiations to set up a similar project in Bangladesh. “We have proposed…

Flow of investments from Oman to Sri Lanka on the upswing

Flow of investments from Oman to Sri Lanka on the upswing

A large number of Omanis are turning to Sri Lanka to invest in property, infrastructure development and the farming sector, officials said. Speaking to Times of Oman, Anselm Perera, CEO of Business Process Outsourcing Services LLC (BPOS) Oman, who coordinated one such delegation, claimed Sri Lanka became a…

Sri Lanka seeks new agreement for Colombo Port City

Sri Lanka seeks new agreement for Colombo Port City

Sri Lanka’s Prime Minister has appointed a committee to look into the possibility of formulating a new agreement for the Colombo Port City project. Deputy Minister of Megapolis and Western Development Lasantha Alagiyawanna told Parliament Friday that the 5-member committee comprising of secretaries is headed by the secretary…

Singapore, Sri Lanka keen to pursue bilateral free trade pact

Singapore, Sri Lanka keen to pursue bilateral free trade pact

Singapore and Sri Lanka are both keen to pursue a bilateral free trade agreement, ministers from both countries…

Singapore Biz delegation here in June

Singapore Biz delegation here in June

Co-operation between Sri Lanka and Singapore is projected to increase with the visit of Singapore’s Trade and Industry…

WB urges Sri Lanka to boost apparel production

WB urges Sri Lanka to boost apparel production

The World Bank (WB) has urged Sri Lanka to position itself as regional hub for apparel making and…

Lankan gem trade in peril

Lankan gem trade in peril

From the Queen of Sheba to Britain’s Duchess of Cambridge, Sri Lanka’s sapphires have adorned royalty through the…

JCorp expects to finalise first Investment deal in Sri Lanka this year

JCorp expects to finalise first Investment deal in Sri Lanka this year

Johor state-owned conglomerate, Johor Corp (JCorp), is expected to finalise its first investment deal in Sri Lanka later…

New agencies to fast track Sri Lanka investment approvals

New agencies to fast track Sri Lanka investment approvals

Sri Lanka’s government will fast track the approval of investment projects through the setting up of two new…

Ameera Shah on a tear to expand multinational diagnostics lab chain

Ameera Shah on a tear to expand multinational diagnostics lab chain

Ameera Shah, who runs Metropolis Healthcare – a chain of diagnostics labs across India, Sri Lanka, the Middle…

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