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Monday, 24 August 2009

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News: Resettlement: 442 families return to Mannar ...        Political: Over five hundred seventy thousand eligible to vote ...       Business: BoCís PAT up ...        Sports: Polandís Anita throws hammer to a world record ...



BoCís 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 Bankís 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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State Revenue and State Finance Minister and Finance and Planning Deputy Minister Ranjith Siyambalapitiya and Chairman, Micro Cars Ltd, Dr Lawrence Perera inspecting the newly opened complex in Polgahawela. Picture by Sumanachandra Ariyawansa

LANKAPUVATH - National News Agency of Sri Lanka
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