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.
The Department of National Zoological Gardens is readying enclosures to quarantine two large tortoises that were found stranded 15 kilometers westwards off Pitipana Negombo, today.
The Customs Department said it will be publish the names of institutions and individuals who violate customs laws and commit tax fraud by uploading the information on its official website www.customs.gov.lk.
A board of inquiry has been appointed to investigate the death of a student at the University of Sabaragamuwa, reportedly linked to a ragging incident.
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