Company pleased but analysts say share
Ceylinco Insurance share issue raises Rs 1.13 b
The Rs. 1.5 billion Ceylinco Insurance non-voting
share issue which closed on Wednesday after 14 market days, raised
only Rs. 1130 million. However, the company was satisfied that it
raised over a billion rupees in depressed market conditions, though
falling short by around Rs. 300 million.
Regional disparities reduce in 2007
National GDP, measured as the aggregate of the
provincial GDP, has grown by 21.7 per cent in 2007, reaching Rs.3,
577 billion with a per capita income of Rs.178,783 according Central
Bank of Sri Lanka.
Lanka to host the first Apparel South Asia Conference
Sri Lanka will host the first ever Apparel South
Asia Conference, which will be held on the November 5 and 6 at the
Trans Asia Hotel in Colombo.
SLT, BoC ink historic agreement
Sri Lanka Telecom entered into a partnership
with the Bank of Ceylon signing an historic agreement on July 9.
WNS Holdings buys Aviva Global
Warburg Pincus-controlled WNS Holdings on
Tuesday acquired Aviva Global Services, the UK-based insurance
giantís captive BPO in India and Sri Lanka, for $230 million.