Lanka has advanced on economic front - Nelmes
“Sri Lanka has accomplished remarkable
advancement on a number of economic fronts over the past few years:
growth has been vigorous, inflation has declined from high double
digits, fiscal and external consolidation is underway and the
Standby Arrangement was successfully completed,” John Nelmes, IMF
Head of Mission to Sri Lanka said at the conclusion of its staff
mission’s visit.
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Hayleys posts PBT of Rs 3.6 bn in 3Q
Strong growth in the third quarter of 2012-13
has enhanced Hayleys PLC’s nine month performance, enabling the Blue
chip conglomerate to report wholesome revenue and profit gains for
the period. Turnover for the nine months ending December 31, 2012
improved by a robust 12 percent to Rs 52 billion, and profit before
tax grew 63 percent to Rs 3.6 billion from Rs 2.2 billion before
capital gains,
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RDB targets one mn Divinaguma accounts
Regional Development Bank, Sri Lanka’s official
bank for Divinaguma has set a target of opening one million
Divinaguma accounts across the country before the end of 2013. RDB,
Chairperson Keshala Jayawardana in an interview with Daily News
Business,
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