CHC to invest Rs 2 bn to refurbish properties
Galle Face Hotel Management Co. Ltd, (GFHM), will
invest over Rs. Two billion next year to refurbish their properties
in both Colombo and Kandy. This includes the up grading of their
flagship property, Galle Face Hotel’s function areas. This would be
with an investment of around US $ 1.8 million dollars.
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Green University of NSBM to open in 2014
National School of Business Management (NSBM),
has invested Rs. 7.2 billion for the first ‘Green University Town’
in Sri Lanka. “The National Institute of Business Management (NIBM),
which became a self-financing Organization in 1991,
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CB’s tight monetary policy measures fruitful
The tight monetary policy measures implemented
by the Central Bank to moderate private sector credit expansion
continued to prove effective and the overall private sector credit
growth moderated substantially to 28.7 percent, year-on-year in
August, falling below 30 percent for the first time since March
2011.
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‘Efficient distribution network vital for pharmaceutical market’
“Medical Detailing, Force Effectiveness and
Automation will be the key in exploiting the expanding
pharmaceutical market in Sri Lanka, said K. ShivKumar, Managing
Director, Eisai Pharmaceuticals India.
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