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Friday, 13 November 2009

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Substantial investment opportunities in equity market:

New fund management to assist local entities

The country has substantial investment opportunities in the equity market and more players would come in to the field with the peaceful environment created which is conducive to promote business. There is a positive outlook for the country’s financial industry to grow, Leopard Sri Lanka Operations Chairman Ranjit Fernando told Daily News Business.

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Aitken Spence Hotels go for 500-room property in Nilaweli

Aitken Spence Hotels would invest on a 500-room property in Nilaweli, Trincomalee early next year. Managing Director, Aitken Spence Hotels, Malin Hapugoda said on Wednesday that this would be a mixed development hotel project where they would offer luxury Villas, standard rooms and apartments.

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Ceylinco Life’s investment income up 40 percent in 3Q, 2009

Ceylinco Life has achieved a 40 percent growth in investment income in the nine months ending September 30, 2009, following strong growth in income from government securities and bank deposits.

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Leopard Sri Lanka Operations Chairman Ranjit Fernando and Managing Partners Nirosh de Silva and G. Ramanan. Picture by Sumanachandra Ariyawansa



 
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