Unit Trust industry excels
Records high growth:
The Unit Trust industry performed significantly
during the fist seven months of this year. Growth and Balanced funds
performed remarkably with the stock market boom.
To serve North, East:
LAL partners SMB Leasing
Major infrastructure, services expansion mooted:
Lanka Ashok Leyland PLC (LAL) will enter to a
partnership with SMB Leasing PLC (formerly the Seylan Merchant Bank
Group) as part of the managementís strategic initiative to provide a
total transport solution to the North and the East.
Power generation in Sri Lanka:
Renewable energy stake to be increased
The Government envisages increasing the stake of
renewable energy in power generation by 10 percent by 2015.