Lendings to top Rs 3,600 b
With US $ 4,000 per capita income in five years:
The local banking sector lendings will double to
Rs 3,600 billion within five years when the country’s per capita
income reaches US $ 4,000.
Laugfs IPO on November 4
Plans 100 room hotel in Chilaw:
Laugfs Gas Ltd announced its intention to raise
Rs 2,505 million from the public through an Initial Public Offering
(IPO) of 22 percent of its stake yesterday.
ODEL continues growth momentum in Q2
Healthy top and bottom line growth in the second
quarter of 2010-11, its first quarter as a listed entity, has
enabled top fashion retail brand ODEL to report characteristically
strong results for the six months ending September 30.