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Last Updated = Sat, Feb 25, 2017, 01:55 pm SL Time

* Ceylon Chamber announces 'Future of Business' innovation strategy event

Feb 25 (CP) Colombo- Sri Lanka's premier business chamber, the Ceylon Chamber of Commerce will hold an informative event aimed at helping Sri Lankan businesses to become more agile and gear themselves to a rapidly changing business landscape.
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* Norlanka and the ‘Made in Sri Lanka’ legend gain UK and US exposure

Feb 25 (Island) Norlanka, apparel manufacturers and exporters, conducted an information seminar recently to detail their new distribution network and moves to market garments originating in manufacturers here, to new markets world wide.
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* Socio-economic rights in Sri Lanka's constitution may backfire on the poor

Feb 25 (ECONOMYNEXT) Inserting socio-economic rights into a constitution has backfired on the in several developing countries that has tried it, a political scientist has warned as Sri Lanka considers following on the same path.
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* Sri Lanka's Colombo Port ranked among the world's best 25 ports

Feb 24 (CP) Colombo- Sri Lanka's Colombo Port has been ranked among the world's best 25 ports according to the Alphaliner rankings in 2017, a Ports and Shipping Ministry statement said. In 2016 Alphaliner has ranked Colombo Port at the 23rd place, three notches up from the 2015 rankings.
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* Pan Asia Bank posts record high profit of Rs.1.8 billion for FY 2016

Feb 24 (Island) Pan Asia Bank, closed its financial year ended December 31, 2016 recording a profit before tax of Rs 1.8 billion, an increase of 17% over the previous year. Meanwhile the Bank increased its Profit after tax by 20% for the same period to Rs.1.25 billion or Rs. 4.24 a share, surpassing its previous earnings record.
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* SriLankan Aviation College to branch out overseas

Feb 24 (DN) Most Sri Lankans working in major airlines overseas be a technician, engineer, ground handler, cargo agent or cabin crew has had some affiliation with the SriLankan Aviation College (SLAC) asserted, Primal De Silva, General Manager, SriLankan Aviation College addressing the media in Katunayake on Wednesday.
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* Commercial Bank named Best Internet Bank in Sri Lanka

Feb 25 (CP) Colombo- The Commercial Bank of Ceylon has been recognized as the Best Internet Bank in Sri Lanka in 2016 by the prestigious Global Banking & Finance Review of the UK. Created to recognize companies of all sizes that are prominent in particular areas of expertise and excellence within the global financial community, the award acknowledges the high quality of service and innovation offered by Commercial Bank's Online Banking platform.
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* Delmege Hiru Kahata, Breeze BOPF ready to take Lankan tea market by storm

Feb 25 (DM) Delmege Forsyth & Company Limited, one of the leading diversified conglomerates in Sri Lanka, takes pride in introducing its latest product offerings to the local market. Delmege Hiru Kahata and Breeze BOPF teas, the latest products from the consumer cluster of the Delmege group, were launched recently with a fascinating and unique curtain raising event.
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* Sri Lankan PM says local investments are not sufficient to ensure development

Feb 24 (CP) Colombo- Sri Lanka's Prime Minister Ranil Wickremesinghe says local investments are not sufficient to ensure development in the country and foreign direct investment and exports are needed. The Prime Minister made this statement at the launch of the 2017/2026 action plan for the rubber industry held at the Temple Trees on Thursday.
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* Singer Sri Lanka Group revenue increases 21% to Rs. 46.9 bn

Feb 24 (CP) Colombo- Singer (Sri Lanka) PLC Group had excellent growth in Revenue and Net Income in the year 2016, the company announced. Group Revenue reached Rs. 46.9 billion, an increase of 21% over prior year.
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* Proposed Coke factory will reduce water resources: MP

Feb 24 (DM) The Coca Cola factory proposed to be established in Sri Lanka would further reduce the water resources which are already diminishing as a result of the drought, Parliamentarian Douglas Devananda charged.
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* Singer Sri Lanka to subdivide ordinary shares by April

Feb 24 (LBO) Singer Sri Lanka has decided to subdivide its ordinary shares in the proportion of three shares for every one existing share held as at the end of trading on 31st March 2017. The company said in a stock exchange filing that the number of existing issued ordinary shares will then be increased from 125,209,610 to 375,628,830
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