Growth in banking sector
During that period their was an increase in
assets, loans and deposits by Rs. 203 billion (9.5%), Rs. 144
billion (11.2%) and Rs. 114 billion (7.6%), respectively, recording
a real growth of financial resource mobilisation and utilisation.
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Nestle invests Rs. 600 million to expand production
NESTLE LANKA Plc is investing a further Rs. 600
million in its Kurunegala factory to expand capacity in key product
areas. First Lady Shiranthi Rajapaksa, commissioned the Band Dryer,
part of the company's 2007 expansion programme.
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Eagle records 21 per cent growth in first half
Eagle Insurance PLC reported a
consolidated revenue of Rs. 2,674 million for the first six
months of 2007. This reflects a growth of 21 per cent over the
corresponding period in 2006.
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