Lanka’s int’l confidence level increasing -CB Governor
International confidence levels on Sri Lanka were
increasing and this was evident from the recently concluded bond
issue to raise US $ one billion, the largest ever share offering for
the country, said Ajith Nivard Cabraal, Governor Central Bank.
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Nelum Pokuna Theatre gets Rs 3 b comprehensive cover
Sri Lanka Insurance has successfully secured the
opportunity of insuring the The Nelum Pokuna Theatre is considered a
national asset and the Sri Lanka Insurance was able to win the
tender to provide the insurance coverage.
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Nestlé Lanka records revenue growth of 13.5 % (YoY)
Nestlé Lanka PLC, recorded a good revenue growth
of 13.5 % (YoY) for the six months ending June 30, 2012, posting a
revenue of Rs. 14.5 billion against the background of a difficult
market environment. The company announced a flat bottomline growth
of -1 % (YoY), with a net profit of Rs 1,246 million due to currency
depreciation and the rise in fuel,
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