Micro Cars to invest US $ 6 m to automate PAL
Micro Cars Limited will invest US $ 6 million to
automate their production assembly line in the Polgahawela factory
and increase production. Chairman Micro Cars, Dr. Lawrence Perera
told Daily News Business that this would help them to increase the
current production from 300 units per month to 1,200.
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Over 18 m mobile subscribers in Sri Lanka
“Sri Lanka is ahead of many countries in mobile
users with 90 percent population coverage with 18 million out of its
population of about 21 million.” “Today we witness the power of the
mobile to empower millions with information, content and services,”
said ICT Agency of Sri Lanka (ICTA) CEO Reshan Dewapura,
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DFCC Vardhana Bank PAT up by 92.6%
DFCC Vardhana Bank (DVB) reported significantly
improved financial results for the year ended December 31, 2011 with
profit before tax up by 31.5% compared with 2010, while the post-tax
profits grew by 92.6% to Rs 531 million.
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