BoC’s PAT up
To Rs. 1,793m in 1H, 2009:
The Bank of Ceylon (BoC), the largest state-owned
diversified financial institution in Sri Lanka, which is celebrating
its 70th anniversary recorded a healthy performance across all its
businesses in the six months ended June 30, 2009. The Bank’s pre-tax
profits for the first half of 2009 recorded Rs. 2,707 million
compared to Rs. 1,809 million for the corresponding period in 2008,
an increase of Rs. 898 million or 50 percent.
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Micro Cars adds new manufacturing complex
In this era of economic meltdown, Micro Cars Ltd
has taken a giant and brave step by adding another manufacturing
complex at the premises of the Micro Car factory in the Polgahawela
BOI Zone.
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'Encourage investors'
The private sector and foreign investors should
be encouraged to recommence development activities in the
construction sector, said Chairman, Chamber of Construction Industry
(CCI) Surath Wickramasinghe.
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