S’pore company orders four ships from Dockyard
Colombo Dockyard has secured a deal to build four
78-metre Multipurpose Platform Supply Vessels for a company based in
Singapore. Chairman Colombo Dockyard PLC, Mangala Yapa speaking to
Daily News Business last night disclosed that this deal is to the
tune of US $ 110 million.
CDB capital funds rise
Raises Rs 718 m from Rights Issue:
Citizens Development Business Finance PLC (CDB)
capital funds have risen to around Rs 1.8 billion subsequent to the
CDB’s Rs 718 million rights issue which was fully subscribed.
Lanka not a ‘buyer’s market’ - Renton
Tourism must not be left in the hands of
‘traders’ who try to make a fast buck. “Sri Lanka needs to venture
to create ‘dream experiences’ that are of high value which could
bring in high yields without exploitation of tourists,”
Softlogic Group posts Rs 466 m PBT in 1Q
The Softlogic Group recorded a turnover of Rs
4.4bn for the first quarter of 2011/12, ending June 30, 2011, as
compared to Rs 1.674bn for the corresponding period in 2010/2011.