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DateLine Friday, 11 July 2008

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News: Workers defy strike call ...        Political: Polls Chief sets identity guidelines ...       Business: Ceylinco Insurance share issue raises Rs 1.13 b ...        Sports: Sports can bring about peace and prosperity, says President ...



Company pleased but analysts say share overpriced:

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.

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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.

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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.

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SLT, BoC ink historic agreement

Sri Lanka Telecom entered into a partnership with the Bank of Ceylon signing an historic agreement on July 9.

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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.

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An apparel worker

Gamin Gamata - Presidential Community & Welfare Service
Ceylinco Banyan Villas
Donate Now | defence.lk
LANKAPUVATH - National News Agency of Sri Lanka

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