Postal Department to increase revenue through novel ventures
New insurance, bank services to generate more
income
THE Postal Department expects to collect around
Rs. 250 million through new joint ventures with private sector
companies this year and around Rs. 600 million next year, Post
Master General Sherwin Senadheera said.
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Excise revenue to surpass Rs. 20,342 m target this year
THE Excise Department would surpass the revenue
target of Rs. 20,342 million set by the Treasury this year,
Commissioner General of the Excise Department Bandula Ekanayake
said.
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SMB partners with top Malaysian financial services group
SEYLAN Merchant Bank (SMB) entered into an
agreement with K&N Kenanga Holdings Berhad (K&N Kenanga), a large
financial services Group in Malaysia, to strengthen its position in
the local merchant banking industry.
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