Risk management solution for CPC
Citi, one of the first foreign banks to enter Sri
Lanka since liberalisation, has structured a solution for Ceylon
Petroleum Corporation (CPC) to manage its price volatility and to
provide relief in prevailing market conditions for a part of its oil
imports.
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Micro Car body shells from Cey-Nor
State-owned boat manufacturer, Cey-Nor Foundation
will supply composite car body shells to Micro Cars. Chairman of the
Cey-Nor Foundation Rohan Jayasinghe told Daily News Business the Cey-Nor
Foundation entered into an MoU with Micro Cars to manufacture
composite car body shells last week.
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Seven new BoI agreements signed
THE BOARD of Investment of Sri Lanka entered
into agreements with investors for seven new projects, worth
approximately Rs. 400 million. The agreement between the BoI and
Manisha Polymers is for a project to recycle waste plastics and
exporting it to the international market.
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