investment Archives - Lanka Business News

November 27, 2024

Projected 10.7% rise in global spend this year equivalent to an additional $104bn in advertiser investment, the second-highest absolute rise on record One in five dollars (22.1%) spent on ads outside of China is paid to Google; DOJ ruling now threatens $32.9bn of potential growth over the next two years Advertisers are due to spend […]

November 26, 2024

The Bangladesh Investment Development Authority (BIDA) and the United Nations Development Programme (UNDP) collaborated to host a workshop on 20 November 2024 at the Radisson Blu Water Garden Hotel in Dhaka titled “Investment Diversification for Priority Sectors Post-LDC Graduation.” The event shared insights from a groundbreaking study conducted by the South Asian Network on Economic […]

November 4, 2024

Nittambuwa, Thursday 31st October 2024: TransDigm Group is a US-based, 6.6 Billion USD company that employs over 16,000 people. A pioneer in the global aviation engineering services supplier industry, TransDigm is the parent company of AmSafe Bridport that operates in Sri Lanka. Since 2001, AmSafe Bridport has been in operations at the Wathupitiwala EPZ in […]

October 8, 2024

Colombo, 04th Oct, 2024 – Sunshine Healthcare Lanka Limited (SHL), the healthcare arm of diversified conglomerate Sunshine Holdings PLC (CSE: SUN), announced the successful conclusion of the approximately LKR 3,270 million equity investment from the International Finance Corporation (IFC), a member of the World Bank Group. This landmark investment strengthens SHL’s vision to expand healthcare […]

October 7, 2024

Emojot, a global leader in artificial intelligence (AI)-powered customer experience management, has announced a strategic leadership restructuring alongside securing a strategic investment from the United States (US). Both of these initiatives are aimed at accelerating the company’s growth and innovation. Accordingly, Dr. Shahani Markus, a seasoned entrepreneur and technology executive, will assume the role of […]

August 27, 2024

27 August 2024, COLOMBO – In a bid to combat the escalating challenges posed by climate change, Sri Lanka has commenced the formulation of its first Climate-Smart Agriculture (CSA) Investment Plan. This landmark initiative, funded by the Green Climate Fund (GCF) and implemented by the Food and Agriculture Organization of the United Nations (FAO) in […]

August 8, 2024

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Cinnamon Serenity Villa in Haldummulla (https://cinnamonserenity.com) has launched its latest project, an Rs. 100 million-worth investment, aimed at enhancing the luxury boutique experience for its local and foreign guests. The project involves the addition of five new villas under the luxury boutique category, designed with a strong focus on sustainable practices. They are also pursuing […]

August 5, 2024

Bangladesh and China convened a significant summit titled ‘The Rise of Bengal Tiger: Summit on Trade, Business and Investment Opportunities between Bangladesh and China’ on 09 July 2024, at Beijing’s China World Summit Wing to bolster their economic relations. Co-organized by BIDA and BSEC, the event received robust backing from key stakeholders, including the Bangladesh […]

June 19, 2024

Colombo, Sri Lanka, 19th June 2024: The DigiEcon 2024 Investment Summit, Sri Lanka’s premier technology and investment event organized by the Ministry of Technology and powered by Mastercard, is gearing up to host a remarkable lineup of speakers this year. The highly anticipated summit, scheduled for June 25, 2024, promises to unlock invaluable insights and […]

May 27, 2024

Local communication specialist group, Wire Communication Consultancy Holdings (Wire Group) has received a significant investment from a leading private investment fund, led by K P R B De Silva. The investment, which is undisclosed, underscores the confidence in Wire Group’s capabilities and positions the consultancy firm to expand its operations within the rapidly evolving communications […]

Global advertising spend to surpass $1trn for first time this year

BIDA and UNDP host Workshop on Investment Diversification in Post-LDC Bangladesh

The TransDigm Group joins the Board of Investment for 8.5 Million USD Investment in Latest Factory at Wathupitiwala EPZ

Sunshine Healthcare Lanka Attracts USD 10 million FDI from IFC

Emojot announces leadership restructuring and secures strategic investment to accelerate growth

Sri Lanka Advances Climate Resilience with FAO’s Initiative on First Climate-Smart Agriculture Investment Plan

Cinnamon Serenity Villa in Haldummulla launches new luxury boutique villas with an Rs. 100 million investment

Bangladesh and China Strengthen Economic Ties with a Focus on Investment

DigiEcon 2024 Investment Summit promises a remarkable lineup of speakers from diverse industries

Sri Lanka’s Wire Communication Consultancy Group secures major investment from leading private equity investment fund