LOLC to penetrate into micro finance overseas
Lanka Orix Leasing Company PLC (LOLC) is looking
at making further inroads to the micro finance sector overseas. “We
are looking at opportunities in Papua New Guinea, Myanmar and
Nepal,” said Deputy Chairman of LOLC, Ishara Nanayakkara.
First ‘Green’ warehouse in Sri Lanka
Global Park, the logistics centre of Sri Lankan
logistics giant, Global Transportation Logistics, is the current
regional hub chosen by the UK retail fashion giant Marks & Spencer
(M&S), as the international logistics hub for all garments
manufactured under the M&S label in Sri Lanka, India and Bangladesh.
First foreign wedding at Maalu Maalu Resort
Maalu Maalu Resort and Spa hosted its first
wedding on February 18, 2012 at the pristine Passekudah beach, in
the East Coast of Sri Lanka making it the first foreign wedding to
be held in this region after the end of the three decade war.
Shangri-La Hotel ground-breaking ceremony
The ground-breaking ceremony of Shangri-La
Hotel, Colombo will take place on February 24 at Galle Road, Colombo
1, under the patronage of Economic Development Minister Basil
Rajapaksa. Hong Kong based leisure group, Shangri-La signed a deal
with the Sri Lankan government in 2010 to purchase a government
owned land facing the Galle Face green promenade to set up a luxury