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Corporate sector confident of capital market:
Increase in Rights issues
The number of rights issues by listed companies
during this year have increased substantially showing much
confidence by the corporate sector in raising funds through the
capital market.
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Havelock City presents final designs
Sri Lanka’s largest real estate investment
project, “Havelock City” presented the designs of the final phases
of the project yesterday. The total investment of the Havelock City
Development project is estimated US $ 350 million and the
construction work of the project is scheduled to be completed by
2013.
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Export earnings up
Earnings from exports rose to US $ 663 million
in September 2010, reflecting a year-on-year growth of 16.7 percent,
due to increased earnings from agricultural and industrial exports.
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