Daily News Online

Wednesday, 26 May 2010



NSB posts remarkable first quarter results

Pre-tax profit tops Rs 2 billion:

National Savings Bank shows remarkable first quarter performance by recording a pre-tax profit of Rs 2. bn, a growth of 87 percent compared to the corresponding quarter of 2009.

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Touchwood goes for Rs 532 m rights issue

Touchwood Investments will go for a rights issue to raise Rs 532 million. The capital raised will be invested on increasing the asset base and buffer stocks in the future.

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Rise in tea production upto April

There was a significant growth in the total tea production from January to April 2010. During the period January to April 2010 ,total tea production amounted to 102,329,444kg as against 80,498,267 kg produced during the corresponding period of 2009.

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Employees and Directors of many leading Companies, Lawyers, Doctors and other Professionals met President Mahinda Rajapaksa yesterday. The President gave his assurance that he will not sign any agreement that will have adverse effects on the country. Here President Mahinda Rajapaksa addressing the gathering. Secretary to the President Lalith Weeratunga and Finance Ministry Secretary Dr.P.B. Jayasundara were also present. Picture by Sudath Silva

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