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 Colombo–Kandy main road at Pahala Kadugannawa has been closed indefinitely after a deadly rockfall in the area that left six people dead and four others injured.
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