SLT to invest Rs. 25 b in network revamping
Sri Lanka Telecom, (SLT) would invest Rs. 25
billion this year towards the expansion of both SLT and Mobitel and
to add infrastructure to their networks. CEO, SLT, Greg Young
speaking to ‘Daily News Business’, said that they would invest Rs.
17.5 billion for SLT,
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NDBIB adjudged ‘Best Investment Bank in SL’
NDB Investment Bank Limited (NDBIB) was adjudged
the ‘Best Investment Bank in Sri Lanka’ recently at the Awards for
Excellence 2012 by Euromoney, the world’s premier financial markets
magazine.
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LOLC Group consolidates its control in Brown & Company
The execution of a Share Sale & Purchase
Agreement to acquire the balance50% holding in Diriya Investments
(Pvt) Limited, the ultimate holding company of Brown & Company PLC,
from Ajith Devasurendra for a consideration of Rs 1.32 billion,
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Rent a Car business in upward trend
Rent a Car business is a growing industry in the
country which has provided over 3,500 employment opportunities to
people directly and indirectly. However, a lot of crimes related to
rent a car services have been reported due to the lack of awareness
with regard to genuine companies,
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