Huge expansion program:
Nextfinance to raise Rs180m
In share issue:
Nextfinance Limited one of the oldest finance
companies in the country plans to raise Rs 180 million through a
share issue. The Nextfinance is also in the process of listing the
company in the Colombo Stock Exchange by mid 2011.
Nine months ended December 31, 2009:
DFCC Bank PAT up
DFCC Bank’s own non-audited Profit After Tax
(PAT) for the nine months ended December 31, 2009 (current period)
was Rs. 1,327 million an increase of 13.8 percent over the
comparable period (April to December 2008).
Incentive scheme for ceramic industry vital
The ceramic industry needs to reduce its cost of
production to be competitive in the international market as the
products are known for its quality and standards worldwide. The
Government should provide an incentive scheme for industrialists to
capture opportunities in the global market, an official of the
industry told Daily News Business.