Public debt declines in 2010
The Government debt as a percentage of GDP has
declined to 81.9 percent in 2010 from 86.2 percent in the previous
year due to improvements in fiscal operations, says the Central Bank
of Sri Lanka.
Expolanka IPO opens on May 12
To raise Rs 2.4 billion for expansion:
Taking a leap from a family run business to a
public quoted company, Expolanka Holdings Limited announced the
launch of their Initial Public Offering (IPO) to list the company on
the main board of the Colombo Stock Exchange to raise Rs 2.4 billion
Overseas Realty to fast track $ 350 m Havelock City
Overseas Realty Ceylon Ltd PLC (ORCL) will fast
track the $ 350 million Havelock City project to complete it in
three years in the backdrop of growing demand for modern buildings.