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Month: May 2021

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  • Prime Lands Residencies Expects Rs.10B Cashflow from Pre-sold units over next 2-3 years

Prime Lands Residencies Expects Rs.10B Cashflow from Pre-sold units over next 2-3 years

The latest IPO entrant to Colombo Stock Exchange (CSE), Prime Lands Residencies (PLR) expects nearly Rs 10 billion cash flow over the next 24-36 months from its pre-sold apartments stock,…

Intermediate Care Facility at Jetwing Beach by Ninewells Start Welcoming Covid-19 Positive Patients

The 5-star Jetwing Beach Hotel in Negombo today (3rd of May) started operations as an Intermediate Care Facility in partnering with Access Group’s Ninewells Hospital to offer world-class health & safety with…

Rocell announces appointment of two new Directors to its Board

Sri Lanka’s leading tile and bathware manufacturer Royal Ceramics Lanka PLC announced the appointment of Mr. Sanjeewa Renuka Jayaweera and Mr. Jitendra R Gunaratne as new Directors to its Board,…

Simplebooks Weighs in on Sri Lanka’s Capacity to Attract Foreign Direct Investments

One of the largest private business registration firms in Sri Lanka, Simplebooks has assisted countless companies to set up and grow their businesses. Now, more than ever, the company reiterates…

Sri Lanka Declares Worst Economic Downturn in 73 years

(AFP) : Sri Lanka announced Friday that its economy shrank 3.6 percent last year due to the Covid-19 pandemic, making it the worst downturn since independence from Britain in 1948.…

JLL Sri Lanka Joins SLASSCOM with Plans to Invest in Proptech Start-ups

Eyeing emerging Proptech Start-ups, Leading global commercial real estate services firm, Jones Lang LaSalle Incorporated (JLL)’s Sri Lankan unit joined the Sri Lanka Association for Software and Service Companies (SLASSCOM) which is…