Three foreign parties vying for JKH
Group to divest from off shore bunkering?
Three institutional investors- Malaysian, Indian
and British are now vying for premier blue chip corporate
conglomerate John Keells Holdings PLC following the share dropping
to Rs. 84 in the immediate aftermath of the Lanka Marine Services
Ltd privatisation fiasco.
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Lanka’s economic growth well poised - ADB
Sri Lanka’s economic growth picked up in the
last few years Country Director Asian Development Bank, Richard
Vokes said. Speaking in Colombo yesterday after releasing the Asian
Development Outlook 2008 update in Hong Kong last morning he said
this has resulted in many benefits.
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Special BoC credit scheme for EP agri sector
Bank of Ceylon will extend special credit
facilities for entrepreneurs in the Eastern province General Manager
of BoC, B.A.C. Fernando said. The interest for credit has been
reduced with the Government deciding to pay part of the interest as
a subsidy to the borrower.
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