Daily News Online

Tuesday, 7 December 2010



Economy poised for growth

Sri Lanka’s economy is poised to grow by an encouraging eight percent in the medium term and 10 percent thereafter Central Bank Governor Ajith Nivard Cabraal said. He was speaking about Sri Lanka’s new vision at the Bank Directors Symposium at Cinnamon Grand Hotel yesterday.

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AVIVA NDB records outstanding growth

AVIVA NDB has consolidated revenue growth of 61 percent amounting to Rs 10.9 billion, over the corresponding nine months in the previous year. The total annual revenue of the previous year has been surpassed at the end of the third quarter in 2010 due to the strong topline performance of both the Life and General insurance businesses.

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JCT throughput tops 2 m TEUs

Sri Lanka Ports Authority (SLPA) run Jaya Container Terminal [JCT] has recorded a throughput volume of two million; twenty foot equivalent units (TEUs) in a little over eleven months this year. Total TEU handling of two million recorded an increase of 26.5 percent compared to last year.

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Port and Highways Ministry Secretary Sujatha Kure waving the flag, signaling to discharge the two millionth container with the SLPA Chairman Dr Priyath B Wickrama, SLPA Managing Director Capt Nihal Keppetipola and other SLPA officials

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