Six -lane road connectivity from southern highway to Kataragama
There will be a six lane road connectivity from
the Southern Highway to the oil pipeline in Hambantota up to
Kataragama, under a project embarked by the Sri Lanka Ports
Authority. (SLPA), Sri Lanka Port Authority Director Technical,
Datta Gunasekera said, at the India Shipping Summit 2012 yesterday.
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Multi Finance completes Rs.350 m Asset-backed Securities Issue
Multi Finance PLC (MF PLC), a fast-growing
Central Bank licensed finance company and a listed Company on the
Colombo Stock Exchange, has announced its first successful private
offering of an asset-backed securities issue of Rs. 350 million.
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New measures in forex transactions
In keeping with the announcement made by the
Central Bank of Sri Lanka in its “Road Map for 2012 and Beyond”, the
following measures will be implemented with effect from 11.07.2012,
in relation to foreign exchange transactions:
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Commercial Bank wins its third best bank award of 2012
The Commercial Bank of Ceylon has been conferred
its third international accolade as Sri Lanka’s Best Bank in 2012,
this time from the prestigious FinanceAsia magazine. In March 2012,
Global Finance chose Commercial Bank as the Best Bank in Sri Lanka
for the 14th consecutive year, and on July 5, the Bank received the
award for the Best Sri Lankan Trade Bank from Trade Finance
magazine.
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