Mobile penetration pushes companies into 3G networking
It is estimated that one in three persons in Sri
Lanka has some mode of connectibility and this is very high for the
region and a major positive factor for a developing country like Sri
Lanka. This is one of the best penetration rates for a developing
country.
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Exports grow 10 percent despite difficulties
EXPORTERS have been able to record an annual
growth rate of 10 per cent in US$ terms despite the deficiencies in
infrastructure and high cost of production inputs.
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HNB Assurance celebrates fifth anniversary with Rs. 1 b turnover
The HNB Assurance celebrates its fifth
anniversary with the achievement of one billion rupees annual
turnover this year. The Managing Director of HNB Assurance Manjula
de Silva said this is a significant achievement that HNB Assurance
has gained within five years in the industry.
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Fitch affirms Dialog Telekom at 'AAA(lka)'
Fitch Ratings affirmed the National long-term
rating of Dialog Telekom Limited at 'AAA(lka)'. The rating outlook
is stable. The rating reflects Dialog's leading position in Sri
Lanka's cellular-mobile space with around 60% subscriber-share, its
robust growth and strong operating cash flow generation.
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