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Substantial investment opportunities in equity
market:
New fund management to assist local entities
The country has substantial investment
opportunities in the equity market and more players would come in to
the field with the peaceful environment created which is conducive
to promote business. There is a positive outlook for the country’s
financial industry to grow, Leopard Sri Lanka Operations Chairman
Ranjit Fernando told Daily News Business.
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Aitken Spence Hotels go for 500-room property in Nilaweli
Aitken Spence Hotels would invest on a 500-room
property in Nilaweli, Trincomalee early next year. Managing
Director, Aitken Spence Hotels, Malin Hapugoda said on Wednesday
that this would be a mixed development hotel project where they
would offer luxury Villas, standard rooms and apartments.
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Ceylinco Life’s investment income up 40 percent in 3Q, 2009
Ceylinco Life has achieved a 40 percent growth
in investment income in the nine months ending September 30, 2009,
following strong growth in income from government securities and
bank deposits.
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