Saturday, 22nd November 2014

Business Editor: 0094 11 242 9221 / E mail: business@dailynews.lk

Business

John Keells Holdings CEO and Chairman, Susantha Ratnayake receiving the award from Chief Guest, Gotabhaya Rajapaksa, Secretary to the Ministry of Defense and Urban Development while Chief Justice Mohan Peiris, Special Guest looks on.
John Keells Holdings managed to retain their number one position in Business Today TOP TWENTY FIVE, yet again establishing their place as a leader among the corporate sector of the country. Total revenue of the group recorded an increase of five percent to reach 89.26 billion rupees while their PAT increased by nine percent to Rs 12.54 billion. The second and third positions were secured by Commercial Bank of Ceylon and Ceylon Tobacco Company respectively. Being the largest private bank in Sri Lanka, Commercial Bank recorded a PAT of over ten billion rupees while contributing 57,534 million...
Renuka Land (Pvt) Ltd, a joint venture between Renuka Hotels Ltd and Cargo Boat Development Company PLC has initiated a project to construct a modern rentable 'Class A' office building in Colombo catering to the much needed requirement of such a facility in the rapidly developing city. Enabling convenience and affording accessibility, the building will be located on company owned land at No 29, Braybrooke Street, Colombo 2, at the heart of the metropolis. The total investment for the Board of Investment (BOI) approved project has been estimated at two billion rupees. The building will adhere...
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