HVA Group goes for eco-resorts
The HVA Group, a major shareholder of HVA Foods
Plc has interests in organic farming and eco resorts, earmarked for
development within a year, said HVA Group Chairman Rohan Fernando.
He said that the project proposal for the organic fruit farm is in
place and land has been allocated.
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SEC needs efficient personnel
“All possible measures should be taken to
protect and safeguard the interests of investors in the stock
market,” said Dilith Jayaweera who is a big investor. He was
addressing the media on the presentation he made to President
Mahinda Rajapaksa on the Colombo Stock Market.
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Trade deficit declines in June
Policies adopted by the Central Bank and the
government earlier this year have helped contain the deficit in the
trade balance of the balance of payments substantially in June and
across the second quarter of 2012, a media release issued by the
Central Bank stated. The deficit in the trade balance, which was $
848m in June,
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Systems will be fully automated by year's end - SLPA director
Senior executives of the Sri Lanka Ports
Authority (SLPA), the Sri Lanka Shippers’ Council (SLSC) and the
Bank of Ceylon (BoC) clarified various issues raised by business
leaders, industry participants and representatives on the newly
implemented ‘cargo management module for exports and its further
development’ at an open discussion last week at the Ceylon Chamber
of Commerce (CCC).
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Union Bank launches new FD
Union Bank of Colombo PLC, launched a new three
month Fixed Deposit with unique features that will enable customers
to make short-term investments. Union Bank's new three-month Fixed
Deposit pays an attractive interest of 14 percent per annum and in
addition pays the entire three months interest,
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