Sampath Bank records Rs 3.82 b PAT
Sampath Bank will consider tier two funding to
broad-base its capital structure and boost up the reserves by
issuing rupee and dollar bonds and debentures. We are already in
discussions with three to four interested parties on dollar bonds
and still the options are open.
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Laugfs, SLINTEC tie up for natural mineral sand processing
Laugfs Holdings Limited entered into a strategic
agreement with Sri Lanka Institute of Nanotechnology (SLINTEC) to
process natural mineral sands for value addition. The landmark
agreement was signed yesterday creating a PPP venture to set up
country’s first ever plant to produce titanium dioxide from mineral
sand.
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Project to empower entrepreneurs
Blue Ocean Ventures and the Indian Angel Network
in collaboration with Dialog Axiata and ExpoLanka yesterday launched
a special project ‘Venture Engine’ with a view to empowering Sri
Lankan budding entrepreneurs.
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