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IN-1ICTA CEO Muhunthan Canagey yesterday reiterated that the National Payment Platform (NPP) is not owned, operated and developed by Total Pay. IN-1ICTA CEO Muhunthan Canagey yesterday reiterated that the National Payment Platform (NPP) is not owned, operated and developed by Total Pay. 

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The Sri Lanka Association of Vessel Operators (SLAVO) has welcomed the Government’s new public-private partnership deal to revive the Hambantota Port.The Sri Lanka Association of Vessel Operators (SLAVO) has welcomed the Government’s new public-private partnership deal to revive the Hambantota Port.

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Sri Lanka is gearing up to implement the new Inland Revenue Act which is expected to make the tax system more efficient and equitable, and generate resources for social and development programs.Sri Lanka is gearing up to implement the new Inland Revenue Act which is expected to make the tax system more efficient and equitable, and generate resources for social and development programs. 

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State owned HDFC Bank’s intrinsic strength will  be weakened if the government is failed to raise the bank's  capital  to  meet  the  minimum Rs.5  billion  capital  requirement  by  1  January  2018, Fitch Ratings agency said.

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JKH remains Sri Lanka’s most admired corporate houseJKH remains Sri Lanka’s most admired corporate houseMAS, Dialog and Commercial Bank are next in line 
The 13th edition of LMD’s Most Respected entities in Sri Lanka has been released, its publisher Media Services announced recently.

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Leading office automation solutions provider John Keells Office Automation (JKOA) launched the SAP Hybris Cloud for Service customer support module on 6th August at its Colombo headquarters. The module is the result of an agreement signed between JKOA and SAP Hybris in a move that will significantly enhance the JKOA customer experience by enabling real-time interaction between clients and after-sales service providers.

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Micro car unveils the All New SsangYong "G4 Rexton SUV" the iconic Korean SUV on the 4th of August 2017 at Park Street Mews Colombo 02. The new SsangYong G4 Rexton is the 4thGeneration Rexton that has evolved from its predecessors which were introduced 17 years ago which includes all the characteristics of a true Sports-Utility-Vehicle. SsangYong’s new Flagship SUV is built to provide pure driving pleasure, joy and excitement and will carry on SsangYong’s heritage as a specialized SUV maker with over 60 years in the automobile industry and expects the new flagship model G4 Rexton to be the global front runner in the large SUV segment focusing mainly on Passive and Active Safety Micro car unveils the All New SsangYong "G4 Rexton SUV" the iconic Korean SUV on the 4th of August 2017 at Park Street Mews Colombo 02. The new SsangYong G4 Rexton is the 4thGeneration Rexton that has evolved from its predecessors which were introduced 17 years ago which includes all the characteristics of a true Sports-Utility-Vehicle. SsangYong’s new Flagship SUV is built to provide pure driving pleasure, joy and excitement and will carry on SsangYong’s heritage as a specialized SUV maker with over 60 years in the automobile industry and expects the new flagship model G4 Rexton to be the global front runner in the large SUV segment focusing mainly on Passive and Active Safety 

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New Petroleum Resources Development Minister Arjuna Ranatunge recently cancelled the latest tender called for Re development and upgrading of Bandaranaike International Airport (BIA)’s Aviation Refueling Terminal and the existing Fuel Hydrant system .New Petroleum Resources Development Minister Arjuna Ranatunge recently cancelled the latest tender called for Re development and upgrading of Bandaranaike International Airport (BIA)’s Aviation Refueling Terminal and the existing Fuel Hydrant system .

Wednesday, 09 August 2017 05:46

Perpetual Treasuries defends bond bids

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PT capital soars 400% in 1H of operations to Rs. 1.1 billion in 2014PT capital soars 400% in 1H of operations to Rs. 1.1 billion in 2014Makes profits of Rs. 816 million from 1 April-31 September 2014 Says intention to focus on long-term bonds and secondary market trading from inception Commission updated of market conditions in the run-up to February 2015 bond Insists interest rates were kept artificially low ahead of February bondAccurate bond sale predictions possible up to 2045 on CB data By Uditha Jayasinghe 

Wednesday, 09 August 2017 05:44

Lanka Ceramic announces restructuring

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Lanka Ceramic Plc has announced a restructuring of operating assets of the company to give maximum value to shareholders and allow for capital to be raised at a reasonable cost to finance existing as well as future operations and to reflect the real net worth of the company based on growth potential. Lanka Ceramic Plc has announced a restructuring of operating assets of the company to give maximum value to shareholders and allow for capital to be raised at a reasonable cost to finance existing as well as future operations and to reflect the real net worth of the company based on growth potential. 

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