James Packer's Sri Lankan resort development denied casino license
Since 2007, the billionaire – a third gen of the Australian media dynasty behind Consolidated Press Holdings – has been moving away from his family's traditional interests to focus on developing his casinos and resorts company, Crown Limited.
IFC Puts $10M In Sri Lankan PE Fund
The International Finance Corporation, an arm of the World Bank, will put US$10 million into a Sri Lanka-focused private equity fund....