Maldivian company invests $3 million in new hotel in Matale, Sri Lanka

A hotel project in Matale has been approved by the Board of Investment of Sri Lanka, and is being financed by a US$3 million investment from Maldivian-owned company Alpha Kinam Holdings Lanka (Pvt) Ltd.

Sphere Conferences launches Hospitality Investment Conference Indian Ocean 2015

Sphere Conferences, the conference arm of Singapore Press Holdings Limited (SPH), has launched the Hospitality Investment Conference Indian Ocean (HICIO) 2015.