SRI LANKA> UK based currency printer De La Rue is set to inject further Rs 2 billion ($12.5 million) FDI to upgrade Sri Lankankan Plant

De la Rue logo The leading global identity and currency printing business, De La Rue, is upgrading its Sri Lankan plant by investing further Rs 2 billion ($12.5 million). De La Rue and the Government of Sri Lanka entered into Joint Venture thirty two years ago for the global identity and currency printing business. De La Rue named the facility as one of the More …

SRI LANKA > Bank of Tokyo-Mitsubishi UFJ Expands to Colombo, Sri Lanka

bank-of-tokyo-mitsubishi-ufj-squarelogo Bank of Tokyo-Mitsubishi UFJ Expands to Colombo, Sri Lanka In January of this year (2016), The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), the commercial arm of Mitsubishi UFJ Financial Group (MUFG) started its operation at the BTMU Colombo Representative Office. This is the first time a Japanese bank has started operations in Sri Lanka. According to the CEO of BTMU More …

SRI LANKA > London Stock Exchange Group to Setup Operations in Srilanka

LSE-sall London Stock Exchange Group to Setup Operations in Sri lanka According to “Invest Sri Lanka”, the Board of Investment (BOI) of Sri Lanka signed an agreement with London Stock Exchange Group (LSEG) to setup its global business service arm in Sri Lanka. LSEG will be creating a new facility in the “Tripoli Market” district of Colombo. As a result of More …