Lanka has doubled FDI's - President
With the end of the conflict, Sri Lanka has
re-entered the Asian business hub as a major player once again, said
President Mahinda Rajapaksa at the opening of the Expo 2012 in BMICH
yesterday.
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HNB raises US$ 50 m overseas loan
Hatton National Bank PLC (HNB) yesterday signed
an agreement to raise US$ 50 million through a 5 year long term loan
from the China Development Bank Corporation (CDB). This is part of
the bank's capital raising plan which commenced in mid-2011 to raise
over Rs. 20 billion in equity and debt capital.
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Korean investments top $ 730 m
A visiting Korean delegates held a meeting with
local business community to identify potential in the areas of trade
and investment to further strengthen relationship between the two
countries.
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