Bank of Ceylon aims Rs. 4 b profit in 2006

Bank of Ceylon will not be privatized under any circumstances, said Chairman of the BoC Udayasiri Kariyawasam. He said that Bank is one of the leading state banks in the country and the Bank was making profits without any problem and assured that it is not the under the government's privatization list.

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Dutch electronic giant invests in Sri Lanka

The market leader in high electronic digital connecting accessories in the Netherlands, Bandridge NV, will be manufacturing and distributing its products range based in Sri Lanka from next year.

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