Jaffna gets Rs 45 m LAL facility
Lanka Ashok Leyland (LAL) would invest over Rs.
75 million to build two showrooms and service centres in Jaffna and
Hambantota. LAL Executive Officer Umesh Gautham said that they have
already invested Rs 40 million in the Jaffna venture which will open
in the first week of April.
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HNB Group records Rs 6.2 billion PAT
The financial year 2011 presented a set of new
challenges for the Banking sector, different from those it witnessed
during the previous two years. In 2011 the banking sector
experienced an unprecedented growth in demand for credit recording a
32% growth in loans and advances compared to 24% in 2010.
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