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Tuesday, 12 February 2013


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Expenditure on food imports down

The contraction of deficit in the trade account of the balance of payments in 2012 and the decline in expenditure on food imports was a positive sign a Central Bank source said.

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Sathosa Motors sole dealer of Land, Range Rover

Sathosa Motors PLC (SMOT) announced to the Colombo Stock Exchange (CSE) that they are taking on the sole rights to sell, distribute and service the Land Rover and Range Rover vehicles in Sri Lanka.

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AVIVA NDB Insurance in solid performance

The 2012 Financial Results announced by AVIVA NDB Insurance, reported a solid performance in both Life and General insurance. Timely enhancements in products, underwriting and operating model allowed the company to deliver commendable financial results in what has been the most challenging year for the Sri Lankan economy since the end of the protracted internal conflict.

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President Mahinda Rajapaksa, at one of the shoe stalls at the Footwear and Leather Fair 2013, which
concluded on Sunday. Picture by Nissanka Wijerathne

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