HK insurer to buy Aviva shares
All stakes belonging to the British insurer Aviva in NDB
– Aviva Insurance Plc will sell to a Hong Kong based insurance
giant, theAmerican International Assurance (AIA) and exit the
market, market sources said.
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City Homes Phase II will cater to needs of up market clients
The Rs 350 million City Homes project Phase II
would cater to the housing needs of the up market clients where the
demand for housing is presently on the increase. “We are confident
that this project would be a success and the entire 10 houses of
Phase 1 had already been sold.
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Printcare’s NLB contract saves money for Sri Lanka
In a significant move, the National Lotteries
Board (NLB) has signed a long term agreement with the country’s
premier printing and packaging company Printcare to supply their
scratch lottery tickets.
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Bio Foods in Lanka to reach US$ 20 m in sales
The World’s first Fair Trade Registered Exporter
and Processor for Spices and coconut milk, Bio Foods (Pvt) Ltd in
Sri Lanka, is expected to reach US$ 20 million in sales revenue by
the end of 2012. Bio Foods is a processor and exporter of organic
products such as green teas,
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