Lanka IOC to upgrade Trinco terminal
Hopes to invest US $ 300 million:
The Lanka India Oil Company (Lanka IOC) plans to
upgrade its Trincomalee terminal at an investment of US $ 300
million over the next three to four years. “We are continuously
upgrading the Trincomalee terminal and will be looking at investing
Rs 200 to 300 million for the next year to upgrade infrastructure
facilities.
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LMD releases Sri Lanka’s version of the Fortune 500
John Keells wins accolade:
Media Services, the publisher of pioneering
business magazine LMD, has released the ‘who’s who’ of corporate Sri
Lanka in its annual edition The LMD 50. It announced yesterday that
the special issue is now available at leading bookstores and
supermarkets.
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BOC enters in to US $ 140 m Syndicated Loan Facility
With Mashreq Bank PSC, Dubai:
Bank of Ceylon (BOC), the largest and most
profitable Sri Lankan Commercial Bank in 2010, recently signed a one
year Syndicated Loan Facility arranged by Mashreq bank Dubai for US$
140 million. This is the second such facility arranged by Mashreq
bank for BOC this year.
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