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Largest single PET plant in the world :

MRMRP gets Hambana Petro Chemical plant

In parallel to construction of Magam Ruhunupura Mahinda Rajapaksa Port (MRMR Port) in Hambantota, Sri Lanka Ports Authority (SLPA) received investment proposals from prospective local and foreign investors to establish industries and businesses within the port premises.

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Sampath Bank records Rs 5.1 Bn PAT for 2012 with a growth of 51.6%

Sampath Bank continued with the growth momentum in 2012, by posting impressive results in many key areas over the last year, amidst many challenges which included a regulatory credit ceiling and pressure on interest margins, resulting from shifting of funds from low cost to high cost deposits in the high interest rate scenario which prevailed in the market. The Bank’s pre-tax profit which rose to Rs. 7,265 Mn in 2012, reflected an increase of Rs. 2,271.4 Mn or 45.5% over the pre-tax profit of Rs. 4,993.6 Mn for the year ended 2011.

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‘Lanka endowed with a unique trade opportunity’

Sri Lanka is endowed with a unique trade opportunity as every ship to Middle- East passes the Hambantota Harbour said, Thailand’s Ambassador to Sri Lanka Poldej Worachat recently.

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Hambantota Harbour and (insert) Dr. Priyath B.Wickrama - Chairman of Sri Lanka Ports Authority (SLPA) , Abhijit Sen - Director/CEO of Hamabana Petrochemical Limited and Jit Warnakulasuriya, Chairman of Hamabana Petrochemical Limited in the presence of Minister of Port and Highways (Projects) - Rohitha Abeygunawardane after signing the agreement. Anuradha Wijekoon, Additional Secretary (Ports) of the Ministry of Ports and Highways, Janaka Kurukulasuriya, Additional Secretary of the Ministry of Defense and Urban Development, Indika Karunajeewa, Vice Chairman of SLPA, Dr. Sanjaya
Sedara Senarath - Executive Director of SLPA, Norman Weerarathne - Additional Managing Director of SLPA, Shirani Wanniarachchi, Director (Finance) SLPA, A.D.T.Gunasekara, Director (Technical) SLPA, D.W.Atapattu - Director (Logistics) SLPA, Major General Sanath Karunaratne, Director (Security) SLPA and P. A. Agil Hewageegana Chief Engineer (Southern Port Development) were also present.

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