Author: Nishani Pigera
Gearing Up
Nov 07, 2011 (LBO) Sri Lanka’s Hatton National Bank will sell five billion rupees of debt within the next six months to boost capital and prepare itself to give more loans in the future, an official said. He said the bank has already raised nearly eight billion rupees in capital via a combination of equity […]
” resort
Aug 26, 2011 (LBO) – Sri Lanka’s HVA group, a branded tea exporter, is building a 200 million rupee ‘forest garden’ resort with eco-friendly chalets near a national park in the island’s northwest, an official said. The resort, with 15 eco-friendly chalets powered by solar panels will be built on 50 acres of privately owned […]
‘s Centara
Aug 19, 2011 (LBO) – Thailand’s Centara leisure group will manage a hotel in Sri Lanka’s Southwestern coast which will have 160 rooms when it is expanded and refurbished next year, an official said. Softlogic has also signed up Swiss-based Movenpick Hotels and Resorts to manage a city hotel it is building in a plush […]
Sri Lanka tea exporter plans off-shore blending plant
July 9, 2011 (LBO) – HVA Foods, a Sri Lanka-based branded tea exporter is planning a blending unit in the Middle East to gain a bigger share in the global retail market by making use of trade liberties. “Discussions with our Middle East partner is at an advanced stage,” HVA Foods chairman Rohan Fernando was […]