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Tuesday, 19 April 2011

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Textured Jersey, Softlogic, Access in the fray:

New IPOs evince foreign investor interests

Free Lanka share debuts at Rs 5.50, 89 m shares traded:

The Initial Public Offerings of Textured Jersey (a Brandix Group member), Softlogic and Access along with those of the Finance Companies which are expected to be held later this year, are not only evince of foreign investor interests but expected to bolster the Colombo Stock Market, market analysts told Daily News Business yesterday.

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Revisions to metal sector export policy needed

The private sector emphasizes the need to revisit metal sector policy while studying its strengths to mitigate weaknesses for economic development. The Government banned scrap metal imports in October 2010 for six months. The ban imposed in October for six months is still continuing.

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Master Divers in novel project

Lays new crude oil pipeline:

The leading marine services company in Sri Lanka, Master Divers has successfully completed a huge project of installing a new pipeline to discharge crude oil saving a large amount of foreign exchange to the country.

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The Master Divers team at the project site



 
 
 
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