Sri Lanka’s LTL Holdings is on aggressive expansion and diversification plans in Bangladesh, where it has the largest investment outside Sri Lanka through its branch, Lakdhanavi in Dhaka. Amongst these plans going public with one of the subsidiaries, and diversifying into agriculture, leisure, animal feed production, fishing, and poultry are on the cards. “Bangladesh has provided us with many investment opportunities after the decade we have been in the country,” U Gamini Sarath, Country Director Lakdhanavi Ltd. Bangladesh told the Business Times at the company’s head office in Dhaka recently.
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President Anura Kumara Dissanayake today warned that Ceylon Electricity Board Employees would have to make a choice in the next two months.
Several shops were damaged in a major fire that broke out in a shop on the third floor of a building at First Cross Street in Pettah, Colombo, today evening.
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