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Five-pronged mechanism for growth of apparel industry

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The Integrated Garment Industry Federation has set up a five-pronged mechanism to take the Sri Lankan garment industry to long-term growth in the face...

Sri Lanka relaxes cash margin deposits requirement on non-essential/non-urgent imports

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Governor Ajith Nivard Cabraal says that the Central Bank of Sri Lanka will discontinue the cash margin deposits requirement on non-essential and non-urgent imports. He...

Expo Lanka Holdings acquires an American company

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Expo Lanka Holdings PLC, the largest listed company on the Colombo Stock Exchange, has recently acquired Idea Logistics, a US-based Central American company, and...

Tax revenue exceeds Rs. 427 billion from January to April 2021

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Analysts pointed out that the growth in money spent on public servants' salaries and pensions in the first four months of this year exceeded...

Request from importers association to the cost of living committee (Video)

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The Association of Importers of Essential Foods states that it has requested the Cost of Living Committee to make the necessary arrangements for the...

Ex-Pack IPO Oversubscribed in Matter of Minutes

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Ex-Pack Corrugated Cartons Limited’s LKR 700 million IPO was oversubscribed within minutes of opening today. In a notice to the Colombo Stock Exchange, the...

JAT Bestowed Coveted [SL]A+ Rating with Stable Outlook for 6th Consecutive Year

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ICRA Lanka Limited, the premier investment rating agency in Sri Lanka affiliated to Moody’s, has reaffirmed that JAT Holdings PLC remains worthy of the...

Peliyagoda Manning Market turns busy again

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The Peliyagoda Manning market was open today enabling farmers to sell their produce conveniently under one roof. Vendors are seen piling large stocks of...

Lanka IOC increases fuel prices

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Lanka IOC has decided to increase the price of Octane 92 Petrol and Auto Diesel with effect from midnight today (21). Accordingly, the price of...

Singapore government announces $1 billion new fund to boost local stock market

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CNBC — The Singapore government on Friday announced a series of initiatives to lure “promising high-growth” companies from around the region to list on...