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Several motor companies show interest:
Leading SUV makers to invest in H’tota
Two of the worlds leading Sports Utility Vehicles
(SUV) manufactures are planning to establish two SUV assembling
plants in the Hambantota district. The two companies from Korea and
Europe have already sought the Board of Investments approval to
acquire lands near the Ruhunu Magampura Port for this project.
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Prime Grameen lends over Rs 500 m in two months
Prime Grameen Micro Finance Limited’s total
lending has surpassed Rs 500 million since two months of inception
and plans are under way to increase it to over Rs one billion during
the next coming four months.
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Union Assurance records impressive growth
Union Assurance PLC (UA), a leading player in
the Sri Lankan insurance sector, recorded continuous growth in the
first half of 2011 with an impressive growth rate of 28% in combined
gross written premiums compared to the same period of the previous
year.
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