Daily News Online

Thursday, 2 February 2012


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Rs. 1 b for Trinco Port City

Sri Lanka Ports Authority (SLPA) will invest approximately Rs one billion for infrastructure development of the Trincomalee Port City Development project in a bid to facilitate prospective investors who have expressed willingness to set up port related new ventures in the Trincomalee port .

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CDB’s PAT at Rs. 398 m, up by 28%

Continuing its growth momentum into the 3rd quarter of FY2011/12, Citizens Development Business Finance PLC (CDB) recorded exceptional all-round financial performance. The nine months profit-after-tax figure of Rs. 398 m as per the interim results released to the Colombo Stock Exchange,

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Lankan banks dominated by public-sector - Fitch

Fitch Ratings Lanka has released a special report on Sri Lanka banking sector that highlights the structure, performance, trends and other developments pertaining to the sector. The agency notes that the Sri Lankan banking sector is concentrated and dominated by public-sector banks that accounted for about half of sector assets at end of 2010.

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Sancharaka Udawa, a one day meeting for all tourism related service providers was held at the Ceylon Continental Hotel on Tuesday. A visitor making a purchase. Picture by Sumanachandra Ariyawansa

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