ATUM Beverages Announces Entry into Sri Lankan Market with Plans for Local Manufacturing
ATUM Beverages Pvt Ltd, a leading South Indian energy and soft drink manufacturing company, has announced its strategic entry into the Sri Lankan market, aiming to introduce its popular range of beverages and establish a local manufacturing facility. Speaking during a meeting with the Secretary General of the International Chamber of Commerce (ICC Sri Lanka), Attorney-at-Law Shanil Fernando, and senior …
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China eyes more investments in Sri Lanka due to current transparent governance: Chinese Minister
The Minister of Commerce of the People’s Republic of China, Wang Wentao, who is currently on an official visit to Sri Lanka,
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Sri Lanka eyes green economy transition but funding gaps hinder progress
Environment Ministry Secretary K.R. Uduwawala recently declared that Sri Lanka’s transition to a green economy
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Tender Controversy Casts Shadow over BIA Terminal Expansion
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CNL Reporter
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April 21, 2025
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Investment
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BIA
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News of the day
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Government seeks investors for lands in Colombo, Kataragama
Sri Lanka’s government is looking to lease land belonging to the Urban Development Authority in Colombo and Kataragama on a long term basis, Minister Nalinda Jayatissa said.
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Adani Ports shares rise nearly 4% as Colombo terminal operations commence
Adani Ports and Special Economic Zone (APSEZ) shares surged 3.6% to their intraday high of Rs 1,151.95 on the BSE on Tuesday
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India’s Adani ready to work on energy deal on “same terms”with Sri Lanka
India’s Adani Green Energy has expressed its willingness to work with Sri Lanka on proposed renewable energy projects on the same terms decided earlier, a source said.
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Key Japanese and Chinese projects stalled due to crisis resume soon in Sri Lanka
Eleven Japanese projects and seventy-six Chinese projects, which provide economic benefits to Sri Lanka but were previously stalled, have now recommenced, according to the President’s Media Division (PMD).
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EPF suffers nearly Rs. 20 billion in direct losses from investments
The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs. 12 billion in foregone earnings, as a result of bypassing due process and investing in unlisted equity, according to a new report by Verité Research. The report has calculated these losses and foregone earnings by analysing …
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China’s Strategic Support and Investments in Sri Lanka’s Economic Revival
China has once again extended its financial and strategic support to Sri Lanka, providing much-needed economic relief through credit lines and grants.
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