NDB, SEA for hydro power development
NDB entered into a partnership with the Sri Lanka
Sustainable Energy Authority (SEA) and the Government of Sri Lanka (GOSL)
as a participating financial institute for a special initiative
introduced by the Asian Development Bank (ADB) to assist the
development of Micro Hydro Power projects within the estate sector.
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Innovest Group launches corporate finance company
The Innovest Group of Companies has achieved yet
another milestone by launching Innovest Capital (Pvt) Ltd. which
provides corporate finance solutions in the areas of structuring and
placement of debt securities, facilitating private and listed equity
transactions, managing share issues, IPO structuring, facilitating
mergers and acquisitions and liquidity management.
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Fonterra increases local milk production
Fonterra today announced a 22 percent increase
in local milk collection in 2012, versus the previous year. The
increase saw Fonterra collect 8.2 million litres of locally produced
milk from a network of around 4,000 Sri Lankan dairy farmers across
five districts – a new collection record for the company.
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