Oil search begins January
Indian Cairns awarded licences:
Oil exploration activities along the Mannar basin
is expected to kick off early next year by an Indian oil company,
Cairns Limited.They have been awarded exploration licences by the
Government, Director General, Petroleum Resources Development
Secretariat (PRDS) Dr Neil de Silva said.
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SLT Group posts Rs 4,399 m profit in first 9 months
Sri Lanka Telecom PLC (SLT), the dominant
telecommunications service provider of the nation has announced
recently the financial results of the company and their associated
groups for the nine months that ended September, 30 2008.
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HNB continues impressive performance in first nine months
Hatton National Bank continued its growth
momentum in the third quarter ended September 2008 by exceeding Rs.
5 bn in operating profit before taxes while post tax profits
increased to Rs. 2.56 bn, which reflects a growth of 47 per cent in
post tax profits over the same period in 2007.
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Com Bank, Hayleys share Annual Report Awards
Commercial Bank of Ceylon PLC and Hayleys PLC
jointly shared the Gold Award for ‘Excellence in Annual Financial
Reporting’ at the Chartered Accountants Annual Report Awards
presented by the Institute of Chartered Accountants of Sri Lanka (ICASL)
held at the Cinnamon Grand yesterday.
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