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Araliya Group of companies is now ready to expand its hotel chains room capacity to 1,014 rooms following the opening of 304 roomed Unawatuna luxury beach hotel in Galle on March 20.

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The Government is working to reduce reliance on foreign debt and generate non-debt inflows.

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Sri Lankan businesses have been assured a new beginning with policy clarity under the Covid-19 new normal situation following the introduction of novel taxation system proposed in budget 2021.

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The Government is promoting the classic car collection and finding export market for such vehicles as it has now become the best performing assets in US and European markets, official sources said.

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The tax exemption granted to local tele- dramas and films in telecasting over television channels by former Finance Minister Mangala Samaraeera in 2018 has been lifted recently and re-imposed.

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Ceylinco Life has achieved consolidated income of Rs. 36.98 billion for FY 2020 showing the company’s ability to grow business volumes and investment returns even in the most challenging conditions.

Saturday, 27 February 2021 10:21

Challenging times for Sampath Bank in 2020

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Sampath Bank, despite the challenging conditions in 2020, has continued to prioritise the needs of all stakeholders.
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in a last ditch attempt to prove Sri Lanka's commitment in meeting its debt servicing obligations,local fiscal and monetary authorities are in talks with some foreign governments and multilateral institutions on its finances, the central bank governor said on Wednesday.

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Bank of Ceylon the country’s number one bank has been adjudged as one of the “Top Ten Most Admired Companies in 2020, official sources announced.

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Bank of Ceylon the country’s number one bank has been adjudged as one of the “Top Ten Most Admired Companies in 2020, official sources announced.

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