Oil bank capacity enhanced
To develop Sri Lanka as a bunkering hub:
The Sri Lanka Ports Authority (SLPA) plans to
enhance the capacity at the Colombo Oil Bank up to 95,000 metric
tonnes, the SLPA said yesterday Following the policy of the
Government to establish air, maritime, energy, commercial and
knowledge hubs under the Mahinda Chinthana program the Ports
Authority has taken a number of initiatives to develop Sri Lanka as
a Bunkering Hub.
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High demand for Micro Panda
Plans to increase manufacturing capacity:
Micro Cars Limited expects to expand its
manufacturing capacity as sales of the Micro Panda are rapidly
increasing in the local market. Micro Cars Limited., currently has
250 units of Micro Panda vehicles on the assembly lines in various
stages of assembly.
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Benchmark year for NSB
Records Rs 5.4 billion profit in 2010:
The total assets of National Savings Bank
reached Rs 403 billion in 2010 passing another benchmark and total
deposits of the Bank were recorded at Rs 355 billion. NSB’s profit
before tax (PBT) recorded a growth of 41 percent to reach Rs 9.8
billion and post-tax profit increased by 45 percent to Rs 5.4
billion over the last financial year, the bank said yesterday.
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