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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The Sri Lanka Army has launched in internal investigation into the accident at the Fox Hill super-Cross races in Diyathalwa yesterday claiming seven lives.
An opportunity to travel to Japan for employment as skilled workers is being offered under a programme known as ‘Jayagamu’ Sri Lanka, announced by Labour Minister Manusha Nanayakkara.
Railway General Manager H.M.K.B. Bandara passed away of a sudden illness today in Anuradhapura.
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