SL telecom sector gets US $ 69 m investments
Sri Lanka’s telecommunication sector received a
record US $ 69 million investment last year. The industry received
this boost from five leading operators, Sri Lanka Telecom, Dialog
Axiata, Etisalat, Bharathi Airtel and Mobitel. The biggest
investment to the sector was made by Bharti Airtel Lanka, a
subsidiary of Bharti Airtel, one of the world’s largest telecom
service providers, which was the fifth player in the local mobile
market. The company invested US $ 49.9 last year.
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Top Printers to penetrate North-East
Award winning printing company, Top Printers
will expand to North-East this year while upgrading the existing
company in Colombo with an investment of Rs 25 million. Top Printers
Managing Director Sameer Yoonus said.
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LB Finance to forge ahead with new corporate office
LB Finance is confident that the performance of
the first nine months will record 100 percent growth in profits
compared to the first nine months of the previous financial year. It
recorded Rs 650 million profits for the period under consideration
last year.
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