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Reuters: Sri Lankan shares fell on Tuesday to end near a 10-month low as foreign investors sold equities amid political instability and on worries of further interest rate hikes, brokers said.

Wednesday, 01 February 2017 08:53

Census Dept. revises CPI base year, composition

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The Department of Census and Statistics has revised the base year and the composition of the market basket of the Colombo Consumer Price Index (CCPI) with effect from January to reflect changes in the market.

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Tokyo (Reuters): Toyota Motor Corp’s four-year run as the world’s top-selling automaker has ended as the Japanese company said

Tuesday, 31 January 2017 08:38

Mixed 2017 forecast for private sector

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The Ceylon Chamber of Commerce (CCC), releasing its economic outlook for 2017 yesterday,

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The Japanese financial powerhouse the SBI Group launched a Sri Lanka Short Term Bond Fund on Thursday 27 January 2017 to attract investors to high yielding Sri Lankan Bonds. SBI’s inaugural seminar titled “Market Outlook on 2017 and Attractive Investment Opportunity in Sri Lanka” was held at the Roppongi Grand Tower in Tokyo.

Monday, 30 January 2017 08:03

Maximum retail price for five food items

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The government has imposed a maximum retail price for five essential food items under the Consumer Affairs Authority Act No 09 of 2003.

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The Hemas Group together with the GAC Group Sri Lanka are planning to build a modern, 15-acre integrated logistics facility in the Muthurajawela Industrial Zone,

Saturday, 28 January 2017 09:50

Rupee ends steady in thin trade

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Reuters: The rupee ended steady in thin trade on Friday as dollar selling by exporters and inward remittances offset demand for the U.S. currency from importers, dealers said.

Saturday, 28 January 2017 09:47

PM kicks off Logistics City in Muthurajawela

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Prime Minister Ranil Wickremesinghe yesterday said that the Government’s aim is to transform Sri Lanka from an island into the heart of the South Asian region with new trade agreements, investment and employment.

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The Hambantota Energy Project (HEP) launched in 2012 remains a non-starter up to now due to the delay in taking firm policy decisions by government officials, an international energy developer alleged.

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