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Last Updated = Fri, Apr 25, 2014, 06:25 am SL Time

* iscovery of contaminated plastic bottles during raid raises alarm on water sold in Sri Lankan market

Apr 24 (CP) Colombo- The discovery of contaminated plastic bottles used for bottled water during a raid by Sri Lanka's Consumer Affairs Authority (CAA) has raised alarms among the Sri Lankan consumers on the quality of bottled water in the market.
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* Sri Lanka's Vallibel One to invest $300 mln hotel deal with casino

Apr 24 (Reuters) Sri Lanka's Vallibel One will invest a $300 million in an integrated luxury tourist resort in the island nation's proposed exclusive gaming zone, the island nation's parliament documents showed on Thursday.
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* Adam Investments IPO on May 19

Apr 24 (Island) Adam Investments Limited (AINV), a newly formed investment company which looks at investment, revival and management of a growing number of subsidiary companies as its core business, confirmed that it has received approval to list its shares on the Diri Savi Board, a release said.
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* SL's Outsourcing Industry shortlisted for EOA Award

Apr 24 (DN) Hot on the heels of its recent outstanding achievement of having been selected as the Offshoring Destination of the Year 2013 by the National Association for Outsourcing (NOA) in UK, ri Lanka's Outsourcing Industry has achieved another significant achievement by getting shortlisted for the Offshoring Destination of the Year Award by the European Outsourcing Association.
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* Sri Lankan shares fall after five days of gains

Apr 23 (Reuters) Colombo- Sri Lankan shares fell on Wednesday after five days of gains as investors booked profits in large caps despite moderate foreign inflows into the island nation's risky assets. The main stock index fell 0.31 percent, or 19.06 points, to 6,172.77, slipping from its highest close since Feb. 3 hit in the previous session. The day's loss erased around 8 billion rupees worth market capitalisation of the bourse.
[Full Story]

* Sri Lanka business chamber conducts workshop on media Strategies for corporate sector

Apr 24 (CP) Colombo- Sri Lanka's business chamber, Ceylon Chamber of Commerce together with the Sri Lanka Press Institute will conduct a three day course on "Media Strategies for the Corporate Sector," next month. The course will be held at the Sri Lanka Press Institute from the 7th to 9th of May, 2014 between 3:00 p.m. to 6:00 p.m.
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* Sri Lankan shares edge up; block deals boost turnover

Apr 24 (Reuters) Sri Lankan shares ended a tad firmer on Thursday, led by telecom and banking stocks while block deals in George Steuart Finance PLC boosted turnover amid continued moderate foreign inflows into the island nation's risky assets.
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* Innovative technologies and sustainable solutions to develop oil palm industry

Apr 24 (DM) Palm oil mills are in an enviable position to harness enormous amounts of renewable energy with high efficiency, the potential which remains largely unrealised, palm oil expert Krishna Moorthy says.
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* Sri Lanka Telecom in US$415mn expansion

Apr 24 (LBO) Sri Lanka Telecom said it would invest 415 million US dollars to expand its network, build data centres, and expand its pay TV and services to businesses over the next two years.
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* Sri Lanka rupee edges up on exporter dollar sales

Apr 23 (Reuters) Colombo- The Sri Lankan rupee ended a tad firmer on Wednesday, recovering from early losses on dollar sales by exporters in late trade. Dealers expect the local currency to remain stable until imports pick up sharply. The spot rupee, which had hit a low of 130.64 per dollar earlier in the day on importer demand, closed at 130.60/61, firmer than Tuesday's close of 130.62/67.
[Full Story]

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