कोशिश गोल्ड - मुक्त

Sanken Overseas makes strategic investment in CL Synergy Group

Daily FT

|

August 06, 2025

SANKEN Overseas yesterday announced that it has made inroads into the freight and logistics sector through an investment in CL Synergy.

The statement however didn’t disclose the value of investment or the percentage of equity stake.

Sanken Overseas is a stalwart in the construction and real estate sectors, and the penning of an agreement from their end reaffirms the importance of the logistics sector to the economy. CL Synergy is a homegrown Logistics brand that is welcoming a new shareholder for the first time since its inception 21 years ago, which indicates its resolve to scale and grow beyond boundaries.

CL Synergy recounts that the journey towards attracting an investment commenced in the aftermath of obtaining approval to list on the Main Board of the Colombo Stock Exchange. Due to turbulent economic conditions, the directorship chose to seek a private placement instead. Sanken Overseas, with its deep Sri Lankan roots, strong work ethic and disciplined approach to business was seen as an ideal partner.

Daily FT से और कहानियाँ

Daily FT

Daily FT

Deutsche Bank says SL at turning point; will step up support

GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Moody's flags SL's weak revenue risks, external funding reliance

Completes periodic review, says growth to moderate to 4.5% in 2025 Fiscal deficit projected to narrow to 6-6.5% of GDP with primary surplus intact

time to read

4 mins

October 14, 2025

Daily FT

Bangladesh waives VAT on local supplies to boost export competitiveness

AS Sri Lanka’s exporters face disruption from the removal of the Simplified VAT (SVAT) scheme here at home, competitor Bangladesh has moved in the opposite direction by waiving value-added tax (VAT) on locally sourced raw materials and services used for exports to strengthen competitiveness.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

President urges plantation companies to increase worker wages

PRESIDENT Anura Kumara Disanayake held discussions yesterday with representatives of plantation companies regarding the proposed increase in estate workers’ daily wage where he said the Government would support the industry to implement the wage increment.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

World Marketing Forum 2025 to be held in SL for the first time

WMF 2025 to kickoff from 11-16 November Targets 50, and 47 confirmed international participation

time to read

4 mins

October 14, 2025

Daily FT

Daily FT

SDB bank joins People's Economic Forum hosted by SANASA International

SDB bank partnered the People's Economic Forum 2025, held on 26 September at the Hilton Colombo. Organised by SANASA International in partnership with the SANASA Movement, SDB Bank, Uttamavi Company, SANASA Life Insurance, and SANASA General Insurance, the summit highlighted the central role of cooperatives in advancing economic democracy, sustainable agriculture, and community resilience.

time to read

2 mins

October 14, 2025

Daily FT

Stellar line-up for Sri Lanka Retail Forum 2025 “Retail Reimagined: Where Al Meets the Human Edge"

THE Sri Lanka Retailers’ Association (SLRA) presents the Sri Lanka Retail Forum 2025, themed “Retail Reimagined — Where Al Meets the Human Edge.”

time to read

1 mins

October 14, 2025

Daily FT

WindForce announces another 10 MW wind project

WINDFORCE PLC has announced the acquisition of a 51% equity stake in Safe Power International Ltd., with the remaining 49% held by Arinma Power Ltd. A Shareholder Agreement formalising this partnership was executed on 3 October 2025.

time to read

1 min

October 14, 2025

Daily FT

CSE opens week on mixed note

COLOMBO stock market began the week yesterday on a mixed note with the ASPI closing flat, up just 0.01% or 2.36 points to 22,321.08 while the active S&P SL20 fell 0.30% to close 18.66 points down at 6,207.37.

time to read

1 min

October 14, 2025

Daily FT

Masterclass on cargo insurance by Shippers’ Academy Colombo

SHIPPERS’ Academy Colombo (SAC) will hold a Masterclass on the importance cargo insurance for international trade on 15 October 2025 from 9:00 a.m. to 1:00 p.m, at the Distance Learning Centre, SLIDA, Colombo 7.

time to read

1 min

October 14, 2025

Listen

Translate

Share

-
+

Change font size