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Last Updated = Tue, Mar 28, 2017, 11:49 pm SL Time

* Yves Saint Laurent Beauté launched in Sri Lanka

Mar 28 (CP) Colombo- Parisian couture brand, Yves Saint Laurent (YSL), launched its makeup range in Sri Lanka during a formal cocktail event at the Galle Face Hotel. The event was attended by VIP customers of the luxury fragrance, skin care and cosmetics retailer, Exclusive Lines of the Pee Bee Group.
[Full Story]

* Sri Lankan shares rise on foreign investor buying; turnover hits 1-mth high

Mar 28 (Reuters) Sri Lankan shares closed slightly stronger on Tuesday, recovering from a more than one-year closing low hit in the previous session, as foreign investors bought battered stocks while block deals pushed the day's turnover to a one-month high.
[Full Story]

* R3 invites Sri Lanka’s Central Bank to join blockchain initiative

Mar 28 (LBO) Financial innovation firm R3 has invited Sri Lanka’s Central Bank to join their collaborative initiative to design a distributed ledger based on blockchain technology.
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* Leading emerging market fund buys stake in HNB Grameen

Mar 28 (DM) HNB Grameen Finance, the microfinance arm of Sri Lanka’s second biggest private lender, Hatton National Bank PLC (HNB), has entered into an equity partnership with Developing World Markets (DWM), a leading emerging markets investment firm.
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* Indonesian Tourism Minister opens Sri Lanka stall at ASTINDO 2017

Mar 27 (CP) Colombo- Indonesian Tourism Minister, Arief Yahya ceremonially inaugurated Sri Lanka's tourism stall at Astindo Fair 2017 on Friday (24 March) at the Jakarta Convention Center (JCC) in Indonesia with the participation of Sri Lanka's Ambassador in Jakarta, Dharshana Perera, Embassy Officials, Sri Lankan tour operators.
[Full Story]

* CA Sri Lanka launches first ever financial reporting quiz to help enhance knowledge of accounting students

Mar 27 (CP) Colombo- For the first time in the country's history, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will launch a financial reporting quiz with the aim of enhancing the knowledge of aspiring accountants from across the country to ensure the students will have the necessary knowledge on the topic, when they commence their career as professional accountants.
[Full Story]

* Sri Lankan rupee ends little changed

Mar 27 (Reuters) COLOMBO- The Sri Lankan rupee closed largely unchanged on Monday as importer dollar demand almost offset the inward remittances after the country's central bank raised benchmark interest rates by 25 basis points.
[Full Story]

* Monetary Board probe reveals heavy EPF loss 9.5 Bn loss

Mar 27 (Island) A special investigation, commissioned by the Monetary Board of the Central Bank of Sri Lanka, has revealed that bond scams under the current government have caused a staggering loss of about Rs. 10 billion to the Employees’ Provident Fund (EPF).
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* Sri Lanka Central Bank says Monetary Board to take action against any wrongdoing in Employees' Provident Fund transactions

Mar 28 (CP) Colombo- The Central Bank of Sri Lanka clarifying its position on media reports that carried "erroneous facts" on the proceedings of the Monetary Board meeting held recently, said the Monetary Board has decided to commence disciplinary proceedings against any wrongdoing if there is evidence.
[Full Story]

* Sri Lankan rupee ends weaker on dollar demand from state bank

Mar 28 (Reuters) The Sri Lankan rupee ended weaker on Tuesday due to dollar demand from a state bank to cover import bills. Rupee forwards were active, with two-week forwards ending at 152.70/80 per dollar, compared with Monday's close of 152.65/75.
[Full Story]

* CSE seen as one of the most attractive capital markets in South Asian region

Mar 28 (Island) The Colombo Stock Exchange (CSE) is poised to become one of the most attractive capital markets in the region and given that situation the CSE is now in the process of organizing a series of road shows in other countries , CSE's Head of Research and New Products Nishantha Hewavithana said.
[Full Story]

* Indo Lanka FTA to benefit Lanka’s apparel sector

Mar 28 (DN) Proactive measures could further improve Sri Lanka’s annual apparel exports to India which currently stands at US$ 70 million with a significant scope of growth, Apparel Exporters’ Association Chairman Felix Fernando said.
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* European Investment Bank delegation to make historic visit to Sri Lanka to explore new opportunities for future investment

Mar 27 (CP) Colombo- A high-level delegation from the European Investment Bank, the world's largest international public bank, will make a three day official visit to Sri Lanka later this week at the start of a South Asia regional tour.
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* Sri Lanka trade balance widens over 16 percent in December 2016 as import expenditure rises

Mar 28 (CP) Colombo- Sri Lanka's external sector recorded a mixed performance in December 2016 with a deterioration in the trade deficit as a result of higher import expenditure despite a modest increase in export earnings, the Central Bank said in its External Sector Performance Review released on Monday.
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* Sri Lankan shares slump to one-year low as banks fall

Mar 27 (Reuters) Sri Lankan shares fell to a more than one-year closing low on Monday in dull trade as investors sold shares of lenders after the central bank tightened monetary policy in the previous session, dealers said.
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* NTB arranges USD 20 mn Syndicated Loan for leading Maldivian resort developer

Mar 27 (DN) Nations Trust Bank PLC (NTB) concluded a landmark USD 20 million Syndicated Term Loan facility for Coastline Hotels and Resorts (Pvt) Ltd, on March 21, 2017. The USD 20 millionfacility is the first tranche of a larger syndicate loan
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