CCI to set up Infrastructure Fund
The Chamber of Construction Industry (CCI) will
set up an Infrastructure Fund as an alternative mechanism to raise
finance outside the consolidated fund to undertake urgent
infrastructure projects in the country, President CCI, Surath
Wickramasinghe said at the launch of the first issue of Construction
Digest and EXCON 2009 at the Galadari Hotel on Friday.
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PTP up 5607 percent to Rs. 656.3 m in 2008/09
Renuka Holdings profits up
Renuka Holdings Plc has recorded a noteworthy
turnover and profit growth for the financial year ending 2008-09.
Turnover for the period reviewed grew to Rs. 1.7 billion, while
total assets of the Group increased to Rs. 1.4 billion as at March
31, 2009. Earnings per share increased to Rs. 72.37 for the twelve
months of 2008-09 and net assets per share grew to Rs. 110.74.
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Demand for advances increase - HDFC
Anuradha Kodagoda
“With the dawn of peace in the country and due
to the development projects which are already started within North
and East Provinces, the demand for advances has increased, said
CEO/General Manager, Housing Development Finance Corporation Bank of
Sri Lanka, (HDFC) Suresh Amarasekera.
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