Army invests Rs 350 mn in three hotels
Makes inroads to sector with Laya branding:
The Sri Lanka Army will open its modern Cabana
type star class hotel complex bordering the popular Yala National
Sanctuary shortly. This latest jungle cum beach resort at Yala,
would be branded as “Laya Safari’ and will include 20 luxurious
cabanas with a panoramic view of the park. Built by the Engineer
Service Regiment, the second stage of the project would include
another 30 rooms.
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NDB reports strong performance
NDB’s performance for the nine months ended
September 30, 2012 indicates a strong growth momentum. The net
profit after tax of Rs 2,342 million for the period show an increase
of Rs 804 million (52 percent) compared to the prior year
corresponding period.
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Emirates Group records US $ 575 mn net profit, up 68 %
The Emirates Group today announced its half
yearly results which remain robust despite continued global economic
pressure and continued high fuel prices. The Emirates Group posted a
AED 2.1 billion (US $ 575 million) net profit for the first six
months of its current fiscal year ending 30th September 2012, up 68
per cent from AED 1.3 billion (US $ 343 million) from September 30,
2011.
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