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Governor of the Central Bank of Sri Lanka Dr. Indrajit Coomaraswamy will deliver the 21st Annual Tax Oration organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 19th January 2017.

Saturday, 14 January 2017 08:38

Fitch Affirms Nine Sri Lankan Banks

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Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of the following Sri Lanka-based banks:

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India and Sri Lanka today signed an MoU to construct 3000 rain water harvesting systems at a cost of SLR 300 million in Jaffna District.

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Invests Rs. 2.3 b; Venture to have 1,000 apartments, 250,000 sq. ft. commercial and recreational areas

Thursday, 12 January 2017 09:13

Stock market ends at over 1-week high

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Reuters: Shares ended at their highest in over a week led by market heavyweight John Keells Holdings as speculation over the country regaining a trade concession helped boost sentiment, stockbrokers said.

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China’s Ambassador to Sri Lanka, Yi Xianliang, had expressed concerns about the implementation of the Hambantota industrial park project, former president Mahinda Rajapaksa claimed, following a meeting with the envoy on Tuesday.

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Deputy Minister of Foreign Affairs, Dr. Harsha de Silva, visited Singapore on 9 January 2017 to address a public forum cum panel discussion on the theme ‘The Indian Ocean’, organised by the Institute of South Asian Studies (ISAS) of the National University of Singapore.

Wednesday, 11 January 2017 09:18

Rupee marginally up on dollar sales

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Reuters: The rupee ended slightly firmer on Tuesday as foreign banks and some exporters sold dollars, but dealers expect the strength to be short-lived on lingering concerns after the central bank last week changed its intervention policy.

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Sri Lankan Air lines A330 air bus deal with Pakistan International Airlines (PIA) is high unlikely to become reality this month although the CEO Suren Ratwatte has issued a statement claiming that one of the two A330 aircraft was to have been taken over in December and it has been postponed to January

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Sri Lanka’s registered finance and leasing companies have been pushed into difficulties with the introduction of new reforms by the Central Bank, directors of these financial institutions warned.

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