SL’s largest shopping mall ready by 2016
Overseas Reality (Ceylon) Plc, together with Bank
of Ceylon will construct Sri Lanka’s largest shopping complex/mall
as a joint venture project at a cost of US $ 100 million. The
project will commence this year and is planned to be completed by
2016.
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HNB records 37% growth in PAT
In the backdrop of a slowdown in economic growth
resulting in reduced credit growth and volatile market conditions,
the pre-tax profit of HNB Group improved by 25.5% to Rs 10.65
billion while Group net profit after tax recorded a year on year
growth of 32.4% to Rs 8.25 billion.
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International triple exhibition launched
An International triple exhibition in
collaboration with CEMS-Global, which focuses on the entire Textile
and Garment sector of Sri Lanka, was launched yesterday at the Sri
Lanka Exhibition and Convention Centre (SLECC), Colombo and it will
conclude on March 2.
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