Finance

Dhammika Perera Rejoins Hayleys as Co-Chairman

Dhammika Perera will rejoin the board of Hayleys Plc as Co-Chairman and non-executive director, effective October 1. Known as a philanthropist, strategist, and influential business leader, Perera has interests in industries such as manufacturing, banking, finance, leisure, plantations, and hydropower generation, according to a stock exchange filing by Hayleys. Perera currently holds 382,596,970 ordinary shares,

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Economics

Sri Lanka to Provide Land for 176,000 Families in Plantation Areas

Sri Lanka’s cabinet has approved a law to establish village communities for descendants of former plantation workers, providing land and housing. President Ranil Wickremesinghe’s proposal includes creating villages from estate houses and line rooms in plantation areas. Minister of Water Supply and Estate Infrastructure Development, Jeevan Thondaman, announced that approximately 176,000 families will receive 10

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