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To set up specialized unit:

BoC enters investment banking

Launches medium term corporate plan:

Bank of Ceylon is focusing more on equity management and will set up a specialized unit to handle investment banking. “This would be a paradigm shift in our banking system,” Bank of Ceylon Chairman Dr. Gamini Wickramasinghe said.

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SPMC doubles production capacity

New machines, investments to manufacture new drugs:

The State Pharmaceutical Manufacturing Corporation has made steady progress over the last four years and is looking forward to a more productive 2010.

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SLTDA targets US$ 600 m this year:

Tourism nets US$ 450 m

Domestic tourism rebounds with NE opening:

The tourism industry recorded a total turnover of US$ 450 million in 2009 an increase of over 20 percent growth compared to the corresponding year, Tourism Development Authority (SLTDA) Director General, S. Kalaiselvam told Daily News Business.

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The SLTDA is targeting around 575,000 tourists this year targeting an income of US$ 600 million. In January the number of tourist arrivals recorded 50,757. Here two foreigners enjoying the peaceful atmosphere in the city. Picture by Saliya Rupasinghe

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