ISSN: 1391 - 0531
Sunday February 3, 2008
Vol. 42 - No 36
 
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Financial Times

NTB top shareholders positive on bank

The two biggest shareholders of Nations Trust Bank (NTB) Plc are taking up their full share in the bank’s billion-rupee rights issue which closes on February 8, despite being compelled to reduce their stake to 15 percent and below in five years, under Central Bank rules.

 
Most JKH profits from interest income

Questions are being raised by shareholders regarding John Keells Holdings’ (JKH) growth momentum during the third quarter coming from interest income, but the company dismisses it saying that it was worth their while.

 
Sri Lankan migrant workers replace...

The boom in the Indian economy has done wonders for its Sri Lankan counterparts. With many Indian migrant workers returning to their homeland to enjoy its current rising star, job opportunities are opening up for Sri Lankans, especially in the Middle East.

 

 
 
 
 
 
 
 
 
 
 
 
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