IFC and Com Bank upgrade renewable energy projects
International Finance Corporation (IFC) and
Commercial Bank of Ceylon (CBC) signed an agreement to upgrade
renewable energy projects in Sri Lanka. According to the agreement
IFC will share 50 percent of the risks of the renewable energy
projects undertaken by the CBC.
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Lubricant industry faces major setback
The lubricant industry is facing a major setback
due to the adverse global economic conditions and the surging cost
of fuel prices, said Managing Director/CEO, Chevron Lubricants Lanka
PLC, Kishu Gomes.
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