Golden Island Hospitality Ltd., said yesterday it has entered into an agreement with the renowned Majestic Group Hotels and Casinos, a leading gaming group from India, to establish the Majestic Pride Casino, Sri Lanka.

As Bangladesh, a major player in the global apparel market, grapples with a severe crisis, Sri Lanka is poised to benefit from some apparel orders in the short term, according to the Joint Apparel Association Forum (JAAF).

The number of new private company registrations in the country has shown a significant year-on-year (YoY) increase since the economic crisis in 2022, official data showed.

Browns Investments PLC revealed that the acquisition of the shares in Kenya and Rwanda was completed on 30 July under SPA to acquire shares in Lipton Teas and Infusions companies in Kenya, Tanzania, and Rwanda.

The Ministry of Sports and Youth Affairs, alongside the Ministry of Tourism, is organising the Sri Lanka Sports Fiesta 2024, which will take place from August 16 - 18 in Colombo.

The highly anticipated Sri Lanka Tourism App, the first national app developed for the sector, will be launched as an information application by September this year.

As Sri Lanka emerges from its economic downturn, Visa — the global leader in digital payments, is focusing on the country’s potential as a promising hub for digital payments in the Asia Pacific region.

Browns Investments PLC revealed that the acquisition of the shares in Kenya and Rwanda was completed on 30 July under SPA to acquire shares in Lipton Teas and Infusions companies in Kenya, Tanzania, and Rwanda.

Uber has signed a Memorandum of Understanding (MoU) with the Sri Lanka Tourism Promotion Bureau (SLTPB) to give a boost to tourism.