S’pore company orders four ships from Dockyard
Colombo Dockyard has secured a deal to build four
78-metre Multipurpose Platform Supply Vessels for a company based in
Singapore. Chairman Colombo Dockyard PLC, Mangala Yapa speaking to
Daily News Business last night disclosed that this deal is to the
tune of US $ 110 million.
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CDB capital funds rise
Raises Rs 718 m from Rights Issue:
Citizens Development Business Finance PLC (CDB)
capital funds have risen to around Rs 1.8 billion subsequent to the
CDB’s Rs 718 million rights issue which was fully subscribed.
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Lanka not a ‘buyer’s market’ - Renton
Tourism must not be left in the hands of
‘traders’ who try to make a fast buck. “Sri Lanka needs to venture
to create ‘dream experiences’ that are of high value which could
bring in high yields without exploitation of tourists,”
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Softlogic Group posts Rs 466 m PBT in 1Q
The Softlogic Group recorded a turnover of Rs
4.4bn for the first quarter of 2011/12, ending June 30, 2011, as
compared to Rs 1.674bn for the corresponding period in 2010/2011.
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