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Saturday, 13 June 2009

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News: Foreign reserves picking up ...        Political: New TNA MP ...       Business: NDB Bank pledges Rs. 9 m to Moratuwa varsity ...        Sports: Lanka continue winning streak ...

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Endowed Professor/Senior Fellow in Entrepreneurship:

NDB Bank pledges Rs. 9 m to Moratuwa varsity

NDB Bank has pledged nearly Rs.9 million to the University of Moratuwa to sponsor Sri Lanka's first endowed Professor/Senior Fellow in Entrepreneurship. NDB Bank believes an entrepreneurial culture is essential for sustainable development of the country,

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Cement demand to increase with new projects:

Lanka Cement mulls re-opening KKS factory

Lanka Cement expects to re-open the Kankesanthurai (KKS) Cement Factory in the near future. “We are planning to re-open the cement factory in Kankesanthurai in the near future and it will create more job opportunities for the rural community,” Chairman Lanka Cement Ltd., Sisira Jinandra Paranagama said.

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LB Finance net profits up 75 percent to Rs. 360 m

Healthy growth in most financial indicators:

LB Finance PLC recorded Rs 359.6 million profit after tax in the Financial Year ended March 31, 2009 compared to Rs 205.8 million the previous year which reflects significant growth.

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Lanka ORIX Securities with a new vision

Lanka ORIX Securities (Pvt) Ltd, would be soon having new Directors and Shareholders comprising those who have collectively executed majority of the strategic transactions in the Colombo Stock Exchange (CSE).

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Chief Executive Officer of NDB Bank Eran Wickramarathne and Vice Chancellor of the University of Moratuwa, Malik Ranasinghe exchange the agreements. Picture by Sumanachandra Ariyawansa



 
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