Janashakthi records highest net profit in insurance industry
Janashakthi Insurance recorded Rs. 525.77 million
net profit after tax for the year ended 31 December 2007, recording
the highest net profit margin from among the five leading insurance
companies in the country, as per released records to date.
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HSBC arranges euro 152.2m loan to facilitate new power plant
HSBC acted as the Sole Mandated Lead Arranger to
raise a loan of euro 152.2 million to West Coast Power in an effort
to improve the country's economic stability. The loan facility was
arranged for up to 14 years; with seven export credit agencies in
the US and Europe to help set up a 300MW Combined Cycle Power Plant
in Sri Lanka.
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Holcim, Union Assurance win ACCA Sustainability Reporting Awards
Four companies made headlines in winning the
ACCA Sri Lanka Sustainability Reporting Awards 2007. Holcim Lanka
won in the large-scale category while Union Assurance emerged the
winner in the medium scale category.
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