Construction industry records 17 % growth in 3Q 2011
Due to massive development endevours by the
government and private sector in 2012, the construction industry has
recorded a phenomenal growth of over 17 % in their third quarter of
2011 versus 11 % in the corresponding period of 2010. “Growth in the
construction industry has been second only to the tourism sector,
due to spillover effects of mega infrastructure development
programmes, housing and post war reconstruction and resettlement
processes taking place through-out the country, said Krishan
Debaragoda chairman, George steuart Engineering Pvt Ltd.
SLT Group 1H 2012 operating profits up by 15 % to Rs. 3.36 b
Sri Lanka Telecom (SLT) released its Group and
Company financial results for the six months ended June 30, 2012,
recording a Rs. 3.36 billion group operating profit, a growth of 15
% year on year (YoY). Group revenue increased to Rs 27.50 billion,
an increase of 11 % yoy.
Sunil S Sirisena appointed NSB Chairman
Former Secretary to the Ministry of
Co-operatives and Internal Trade and Foreign Employment Promotion
and Welfare Sunil S Sirisena yesterday assumed duties as the state
owned National Savings Bank’s Chairman.