Munchee Youth 19 Annual School Cricket Tournament, 2010-11 gets under-way
30-November-2010

Munchee announced the launch of 2010-11 Munchee Youth  19 School Cricket Tournament recently.

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Emirates to Launch Services to Basra 
29-November-2010

Basra will be Emirates’110th international destination and the sixth to launch in the 2010-2011 financial year.

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Lanka IOC opens sophisticated outlet at Marawila
29-November-2010

An all-new innovative fuel-retail outlet equipped with the latest technology, environment friendly lighting and washrooms with special facilities for physically challenged persons was opened at Marawila, on the Puttalam Highway by Lanka IOC PLC recently.

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Remittances will bring 4 Billion USD this year
28-November-2010

Remittances from migrant workers are one of Sri Lanka’s top foreign exchange earners and are expected to hit four billion US dollars this year, and would increase significantly in the forthcoming years, as workers no longer feel uncomfortable in travelling abroad in search of work as long as they get their desired pay.

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SriLankan Airlines unveiled its expansion plans
26-November-2010

SriLankan Airlines unveiled its expansion plans, including the induction of seven more aircraft in 2011, launching a floatplane domestic service, luxurious flat-bed seating in Business Class and its 13th weekly flight to London at World Travel Market 2010 in London.

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Emirates offers two destinations on one ticket
25-November-2010

Emirates passengers transiting in or visiting Dubai can explore the lively, fascinating Emirate with a new programme introduced by the airline to enable passengers obtain accommodation, go on tours and take part in exciting activities at special rates. 

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Glitz launches new holistic shopping concept – Retail Therapy!
23-November-2010

In many women's lives, shopping is a hobby and a must for some. When we're up, we shop. When we're down, we shop even more.

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50 member Belgian Trade and Investment delegation arrives today
22-November-2010

A Belgian trade and investment delegation will arrive in Sri Lanka today. The delegation consists of 40 companies (over 50 persons) in the fields of agro-food, machinery, construction, interior, energy, fisheries, gems, information technology, infrastructure, water supply, financial services, textile, tobacco, tourism investments  will be here till November 26 will seek for joint ventures with Sri Lankan investors.

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ODEL & Otara take top awards at
‘Best Web’ 2010
18-November-2010

The website of Sri Lanka’s premier fashion and lifestyle brand ODEL and the personal website of its founder and CEO Otara Gunewardene won the top awards at the 2010 ‘Best Web’ Awards conducted by the LK Domain Registry Office.

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More cash prizes for Commercial Bank’s
‘e-Exchange’ recipients
17-November-2010

This festive season, the Commercial Bank will reward 100 people with cash prizes totalling Rs. 2.5 million for using the Bank’s super-convenient ‘e-Exchange’ money transfer service.

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Etisalat Boosts the World of the Cyber Community 
15-November-2010

Jumping on board the exciting universes of the Cyber world, Etisalat Lanka will switch on as telecommunications partner for Gamer.lk, for the next year.

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Otara and ODEL honoured on global stage 
15-November-2010

Otara Gunewardene, CEO of ODEL, outshone leading female entrepreneurs from around the world to bring honour to her motherland by winning one of the top awards at the seventh US Stevie Awards for Women in Business.

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CEB energized to slash cost for 2011 by Rs.15b
13-November-2010

The Ceylon Electricity Board (CEB) is being energized to slash costs for 2011 by Rs. 15 billion with strong reduction in power generation, maintenance, distribution and loan payments, to minimize drain on public finance.

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Commercial Bank to serve customers on Hadji Day
11-November-2010

The Commercial Bank of Ceylon has announced that 50 of its branches and Supermarket Banking counters will be kept open for the convenience of customers on 17th November, Hadji Festival day, a statutory bank holiday.

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49% of shares of Litro Gas Company will be offered to the Public
11-November-2010

Litro Gas Company Ltd., established following the purchase of the Sri Lanka Shell Gas Company shares and Shell Terminal Lanka Company, is to vest 49% of the shares to the public within three months of appointing the Board of Directors of the Litro Gas Company Ltd.

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Hayleys reports six month pre-tax profit of Rs 1.2 billion
09-November-2010

Hayleys PLC has posted a pre-tax profit of Rs 1.2 billion on a turnover of Rs 24.8 billion for the first half of 2010-11.

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Richard Pieris reports Rs. 1.1 Billion Profit for six months
09-November-2010

The Richard Pieris Group recorded a Turnover of Rs.6.4bn, and an Operating Profit of Rs.809mn for the three months ended 30th September 2010.

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“Bartleet FinanceAide”
08-November-2010

Bartleet Finance Ltd, a member of the Bartleet Group today announced that the company is in receipt of positive feedback due to the breakthrough “service – at - your - doorstep” concept “Bartleet FinanceAide”.

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Investors sought for developing Grand Oriental Hotel
08-November-2010

Bank of Ceylon has called for expression of interest from international hotel chains to manage its subsidiary, the 200 room Grand Oriental Hotel a landmark built during British times overlooking Colombo port.

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Profits Soar at PCH
05-November-2010

PCH demonstrated resilience of its core services in the backdrop of a rapidly improving economic environment, fueling healthy growth of its profit after tax. In the six months ended 30th September 2010, profits increased by a massive 149% to Rs. 90.6 million.

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Commercial Bank expands money transfer services in Saudi Arabia
04-November-2010

The Commercial Bank of Ceylon has expanded its Instant Money Transfer Service, in Saudi Arabia for the benefit of thousands of Sri Lankans working in the Kingdom.

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ONE BILLION SMALL FOOTSTEPS FOR ASIA, ONE GIANT LEAP IN THE BATTLE AGAINST OSTEOPROSIS ACROSS ASIA AND THE MIDDLE EAST
04-November-2010

Anlene™, the Expert in Bone Nutrition, has issued a call-to-action that urges men and women in Sri Lankaand across Asiato unite in a pledge to make healthier choices in the fight against osteoporosis.

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Commercial Bank
slashes interest rate
on credit cards
03-November-2010

The Commercial Bank of Ceylon has announced an immediate reduction in the interest rate applicable on all credit cards issued by the Bank.

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Sri Lanka gets Global BPO Training programs & Certifications
02-November-2010

The Lanka BPO Academy (LBA), the island’s first and only BPO capacity building organization with exclusive international BPO Certification programs today announced the commencement of its operations.

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Haycarb posts net profit of Rs. 343 million in 1H 2010-11
01-November-2010

Haycarb PLC, the Hayleys Group’s value-added activated carbon manufacturer, has achieved a consolidated profit before tax of Rs 421 million for the six months ending 30th September 2010.

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Telecommunications and Information Technology Ministry
website launched
30-November-2010

The Honourable Minister of the newly set up Telecommunications and Information Technology Ministry Mr. Ranjith Siyambalapitiya launched the website of the Telecommunications and Information Technology  Ministry this morning.  A special feature of the newly launched website www.ictmin.gov.lk launched in the premises of the Information and Communication Technology of Sri Lanka (ICTA) is the opportunity it provides for participatory communication.

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Panasian Power Limited goes Public
30-November-2010

Launching 200,000,000 shares valued at the price of Rs. 3/= per share ahead of a CSE listing, Panasian Power Limited stands to power the nation, the people and the environment with the launch of its Initial Public Offering on the 7th of December 2010. Panasian Power Limited (PAP), is a fully owned subsidiary of Power Hub International, Malaysia which is a subsidiary of Malaysia's Majulia Group.

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Emirates Hosts Cricket Clinic with Andrew Flintoff for Indian Children
30-November-2010

As excitement in India builds in the lead up to the ICC Cricket World Cup, Emirates airline yesterday organised an exclusive cricket clinic for aspiring young cricketers in Mumbai with world renowned all-rounder and former England captain, Andrew “Freddie” Flintoff.

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Announcing the Winners of the Innovative
Teachers & Students National Competition 2010
29-November-2010

The Ministry of Education together with Microsoft Partners in Learning Initiative recognized innovative thinking and exceptional creative talents of teachers and Students island wide at this year’s Innovative Teachers & Students National Awards ceremony held on the 29th of November at the Grand Ballroom of the Galle Face Hotel. The event was graced by Prof. Tissa Vitharana, Minister of Scientific Affairs, Mr. H. M. Gunesekera, Secretary, Ministry of Education, Professor P. W. Epasinghe, Chairman of ICTA Sri Lanka, Mr. Anura Dissanayake, Additional Secretary, Ministry of Education, Mr. Sriyan de Silva Wijeyeratne, Country Manager, Microsoft Sri Lanka and Mr. Channa De Silva, Public Sector Director, Microsoft Sri Lanka and other dignitaries.

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'Ritzbury Journey Day', the CSR focused educational program completes 250 episodes on local television
29-November-2010

Ritzbury Journey Day, the one of it's kind children's edu-documentary program designed to deliver the feel of an educational trip for the student community of Sri Lanka, has completed 250 episodes on local television. This program has been produced and sponsored by Ritzbury, the no 1 selling brand of chocolates in Sri Lanka, which is also a proud member of the Ceylon Biscuits Limited family.

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Commercial Bank bags top honours at National Business Excellence Awards
29-November-2010

The Commercial Bank of Ceylon PLC forcefully reaffirmed its status as one of Sri Lanka’s leading corporate entities when it won four top accolades including the overall award at the 2010 National Business Excellence Awards presented last week by the National Chamber of Commerce of Sri Lanka.

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ODEL unveils new-look online store
29-November-2010

Shoppers who prefer not to let their feet do the walking can now enjoy even more fun, and extra personalised, convenient and secure online shopping from the comfort of their homes or offices with the recent revamping of the official ODEL website.

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Sri Lanka - Pakistan bilateral talks today
28-November-2010

Sri Lanka -Pakistan bilateral talks will be held this evening in Colombo. Pakistani President Asif Ali Zardari who arrived here on Saturday  on a four day State visit will hold bilateral talks with Sri Lanka this evening at the Presidential Secretariat. Prime Minister D.M. Jayaratne and External Affairs Minister Prof G.L. Peiris will call on the visiting President at his Hotel Suite.The bilateral talks between the two countries at delegation level will be held at the Presidential Secretariat this evening.

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Microsoft Gamata IT Reaches Beliatta
26-November-2010

Microsoft Sri Lanka continues in their quest of taking ICT to rural communities under its Gamata IT programme, with the latest town storming activity taking place in Beliatta, Hambantota. The Beliatta chapter of the Gamata IT campaign is a collaboration between Microsoft Sri Lanka, the Tharunayata Hetak movement, ICTA, the Ministry of Education and Singer Sri Lanka.

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SRI LANKA FASHION FORUM
26-November-2010

Sri Lanka Fashion Forum to be held at the Cinnamon Lakeside Hotel from November 18th to 22nd is aimed at supporting Sri Lanka’s Clothing & Footwear sectors at grass-root level. “At a time when the Global competitiveness is getting fiercer and fiercer it is important for us to get the basics right”, said Prof. Lakdas Fernando, Chairman of the Sri Lanka Apparel Institute which is the Chief Organiser of the Sri Lanka Fashion Forum.

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‘Join the Christmas Cheer’ with Hameedia
25-November-2010

Sri Lanka’s leading menswear specialist Hameedia has just launched its end-of-year festive campaign - “Join the Christmas Cheer”. With 90 exciting prizes and rewards on offer, this is considered to be the biggest and the best retail promo this season.

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Ceylinco Life wins global award for Social Marketing
25-November-2010

Sri Lanka’s top life insurance brand Ceylinco Life has won yet another prestigious international accolade for its deep-rooted and enduring commitment to the community.The company received the top award for Social Marketing at the 2010 Global Awards for Brand Excellence presented by the World Brand Congress at the Taj Land’s End in Mumbai on 23rd November.

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Unilever Sri Lanka contributes to changing
lives of rural women
23-November-2010

Unilever Sri Lanka will hold its annual Saubhagya Scholarship Awards on Today (Tuesday November 23, 2010) to grant scholarships worth Rs. 2.5 million under Unilever’s Saubhagya initiative. These scholarships are awarded to the children of Saubhagya entrepreneurs who are either Year 5 scholarship winners, Grade 10 O’ Level high performers, university entrants or have excelled in sports and aesthetics. 

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Fortunaglobal & PayMate join hands with Bank of Ceylon
22-November-2010

Sri Lanka's Fortunaglobal and its Mobile Commerce partner PayMate India tied up with the Bank of Ceylon (BOC), Sri Lanka's No. 01 Bank to launch user-friendly mobile payment and banking solutions - BOC PayMate - the largest Mobile Commerce based payment network in the country.

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Kasuni Rathnasuriya from Brandix titled
British Council’s Young Fashion Entrepreneur 2011
22-November-2010

On Saturday, 13 November 2010 at the Sri Lanka Design Festival (SLDF), Kasuni Rathnasuriya was awarded the Young Fashion Entrepreneur (YFE) Award 2011.The YFE 2011 Award is a British Council initiative offered in partnership with the Sri Lanka Design Festival, that seeks to champion and celebrate the importance of creative entrepreneurs in the 25 to 35 age category working in the field of fashion.

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Creamier full cream Fresh Milk enriched
Vitamin A & D in a New Pack
19-November-2010

Richlife, Sri Lanka's leading dairy and fruit based consumer products manufacturer which pioneered the introduction of tetra packed beverages, introduced its flagship 1 litre full cream processed fresh milk in a highly informative new pack recently. The new Richlife Full Cream Fresh Milk is now creamier as it is made with 3.5% fat fresh milk and is also enriched with Vitamins A & D. The vitamins A & D used in Richlife Full Cream Fresh Milk are supplied by DSM Nutritional Product-world’s largest European vitamins manufacturer.

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Leaders in International Exhibitions announce
Strategic Partnership in Sri Lanka
18-November-2010

Two of the leading names in the global Trade Fair business, Pico Global and Montgomery Worldwide, are to work in partnership organising a series of International Trade Exhibitions to internationalise the local exhibition industry and serve Sri Lanka's rapidly modernising economy.

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Motha celebrates 50 years of excellence !
17-November-2010

Motha Jelly this year celebrates 50 years of excellence … tantalizing the taste buds of millions of Sri Lankans of all ages. What began way back in 1960 as a small family business of manufacturing hard boiled sweets and toffees later changed over to jelly which is now a household name today.

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Lanka Hospitals Eye Care Specialist Opens the World of Vision to Many Struggling to Cope Without Sight
17-November-2010

Dr Rajesh Fogla, Visiting Consultant for Cataract, Cornea & Laser Refractive Surgeries at Lanka Hospitals, Colombo today tells the story of two patients who have endured blindness most of their lives.  Patients who had adapted well to their situation, but have continued to hope that one day they might see. 

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Commercial Bank receives its 12th ‘Best Bank’
Award from Global Finance
15-November-2010

The Commercial Bank of Ceylon re-affirmed its prestigious status as the leading private sector bank in Sri Lanka to a representative international audience recently when it formally accepted the award for the ‘Best Bank in Sri Lanka’ for the 12th consecutive year from Global Finance.

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Health Ministry lauds Janashakthi for Eye Hospital Project
15-November-2010

The Ministry of Health recently held a felicitation to thank those who have rallied around and helped in the uplift of the Colombo Eye Hospital. Janashakthi Insurance PLC whose project whereby over 100 signage boards were installed at vantage points of the Hospital, came in for special commendation by the Ministry.

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FONTERRA SIGNS MOU WITH IFFCO ON
DAIRY FARM IN INDIA
15-November-2010

Fonterra Co-operative Group, the Indian Farmers Fertiliser Co-operative (IFFCO) and Global Dairy Health recently signed a Memorandum of Understanding to jointly conduct a feasibility study into a pilot dairy farm in India as a first step towards the vision of establishing large-scale world-class dairy farms in India.

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Brandix CE Ashroff Omar, keynote speaker at
global Textile Conference
15-November-2010

Sri Lanka’s status as a significant player in the global apparel industry was acknowledged when the CEO of Brandix, Ashroff Omar, was invited to deliver a keynote address at the Centenary World Conference of The Textile Institute held recently in Manchester. Mr. Omar explored the topic ‘manufacturing on the global stage,’ making his presentation to an august assembly comprising of world renowned corporate leaders, academics and researchers.

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LIMRA honours 64 top performers of Ceylinco Life
11-November-2010

Sixty four sales supervisors and sales consultants of Sri Lanka’s Life Insurance Leader Ceylinco Life have been awarded the prestigious International Quality Award (IQA) and the International Quality Management Award (IQMA) by the Life Insurance Marketing and Research Association (LIMRA).

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Renuka Holdings posts Rs. 617 Mn for half year 2010/2011
11-November-2010

Renuka Holdings PLC has recorded an impressive turnover and profit after taxation for the six months ended 30 September 2010 as per the interim financial statement released. The Company’s profit after tax grew to Rs. 387.1 Mn. compared to Rs. 113.3 Mn. in the corresponding period of last year. Group profit after tax rose 168% to Rs. 616.5 Mn. of which Rs. 473.6 Mn. was attributable to shareholders of Renuka Holdings PLC. The consolidated turnover for the period under review grew to Rs. 1.1 Bn, while total assets of the Group increased to Rs. 3.5 Bn. as at 30 September 2010.

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Meet the stars of Embark’s ‘Pashionable People’ campaign
10-November-2010

These nine photogenic former street pooches and their caring owners have been chosen as the faces of the new ‘Pashionable People’ campaign of ‘Embark,’ the ODEL fashion brand dedicated to the cause of community animals. The campaign was launched in October to mark World Animal Day 2010. The nine winners and their adopted street dogs were invited for a photo shoot from which images will be used for the final phase of the ‘Pashionable People’ campaign. The main objective of the campaign is to drive home the message that passion towards owning a street dog is the fashionable thing to do.  Salon Capello supported the event by providing discounts for hair and make-up.

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Sri Lanka joins the elite league of BPO nations
09-November-2010

The Lanka BPO Academy (LBA), the island’s first and only (Business Process Outsourcing (BPO) capacity building organization with exclusive international BPO Certification programs today, kicked-off its BPO Training operations in a glittering launch ceremony in Hotel Taj Samudra, in Colombo. The Academy unveiled its partnership with Texas-based BPO Certification Institute, Inc., and also its 12 state-of-the-art international BPO certification training programs amidst a gathering of more than 150 personalities representing the government, BPO industry, and the academia.

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Commercial Bank opens its 185th branch in Mawathagama
09-November-2010

The Commercial Bank of Ceylon has opened a branch in Mawathagama, expanding its presence in the Kurunegala District.The new branch, the Bank’s 185th in Sri Lanka is housed in a spacious building with good parking facilities, at No, 42, Kandy Road, Mawathagama.

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Emirates Enters WTM in Good Shape
09-November-2010

Emirates is looking forward to a strong second half as it heads into the World Travel Market (WTM), trading 8th-11th of November in London.The international airline of the UAE recently posted half year profits of US$ 925 million (AED 3.4 billion), a powerful model of recovery in the global airline industry.

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SWAROVSKI GEMS™ brings inspiration and
pure brilliance cut for Zirconia to Sri Lanka
09-November-2010

SWAROVSKI GEMS™ is proud to introduce the latest proof of their ongoing quest for innovation, in the science of precision cutting and excellence in the form of the Pure Brilliance Cut for Zirconia. For the first time in history, Swarovski has applied ideal diamond cut standards to Zirconia, creating an entirely new dimension of excellence for this exciting stone. 

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International Floriculture Trade Fair
08-November-2010

The Minister of Agriculture of Sri Lanka Mahinda Yapa Abeywardena, who was on a visit to The Netherlands on the invitation of the Dutch Minister of Agriculture and Foreign Trade Dr.Henk Bleker to attend the Global Conference on Agriculture, Food Security, and Climate Change held in The Hague, inaugurated the International Floriculture Trade Fair (IFTF) at the Expo Haarlemmermeer on 3rd November 2010 in Vijfhuizen in The Netherlands. 

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JET AIRWAYS TO LAUNCH DAILY FLIGHTS FROM COLOMBO TO MUMBAI & DELHI
05-November-2010

Jet Airways, India’s premier international airline, will introduce daily direct state-of-the-art Boeing 737-800 flights from Colombo to Delhi and Mumbai, effective November 5, 2010.

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“Let us take care of your electronic waste!” – CEA
05-November-2010

To ensure an e-waste free environment in Sri Lanka, the Central Environment Authority (CEA) together with over a dozen business organizations who are operating in home electronics, information technology, telecommunications industries and waste management service providers have launched an electronic waste management project to eradicate the growing e-waste crisis in Sri Lanka.

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Heraymila Securities tips Sri Lanka's economy to
hit double-digit growth from 2011
04-November-2010

Sri Lanka's post-war economy is poised to sustain double-digit growth from 2011 onwards, as the island rebuilds its conflict-hit areas and adds new infrastructure to the rest of the country, stockbroker's Heraymila Securities Limited said Thursday. Heraymila Securities, a unit of Dubai-based Heraymila Investments which launched today in Colombo, has come up with a model for post-war economies, which suggests an average yearly-growth of six percent that could go up to 12 percent.

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Hameedia takes ‘Bespoke Tailoring’ to Europe
via worldwide web !
04-November-2010

Leading menswear specialist Hameedia today reached yet another milestone in Sri Lanka’s clothing industry by introducing bespoke tailoring solutions via the worldwide web. Sri Lanka’s first-ever web portal which offers made-to-measure clothing - www.envoybespoke.co.uk - was launched under the distinguished patronage of the British High Commissioner in Sri Lanka His Excellency Dr. Peter Hayes.

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GOVERNMENT OF SRI LANKA AND SHELL SIGN SALE AGREEMENT FOR SRI LANKA LPG BUSINESS
03-November-2010

The Government of Sri Lanka (GOSL) has signed a share purchase agreement with Shell to acquire 51% of shares in Shell Gas Lanka Limited (SGLL) and 100% of shares in Shell Terminal Lanka Limited (STLL). This follows the Government securing Cabinet Approval to acquire Shell’s LPG business in Sri Lanka on October 6, 2010.

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Cat® 336D hydraulic excavator launched in Sri Lanka
03-November-2010

A new Caterpillar hydraulic excavator capable of handling the work of two 20 Ton excavators has been unveiled in Sri Lanka by the country’s longstanding Caterpillar representative, United Tractor and Equipment (UTE).

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Jaffna International Trade Fair 2010 Open for Business….
03-November-2010

Today, with the end of the war and a strong Government in place, the tides have turned and investors are now pursuing Sri Lanka. Proven last year to be he biggest & newest platform for entrepreneurs to interact with each other JIFT is back again for the 2nd consecutive year with the major development underway in the North & East.

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Suchirindia Lankan Hotels and Resorts signs LOI with Starwood for their 200 keys hotel at Katunayake
02-November-2010

Suchirindia is a diversified business group with Infrastructure and Hospitality development at its core. Hospitality as a Business vertical to Suchirindia has profound significance as the company believes this is one line of business that integrates nature, creativity, art and architecture.

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Malik Cader assumes duties as the DG of the SEC
01-November-2010

In terms of Section 42 (1) of the Securities and Exchange Commission of Sri Lanka Act No. 36 of 1987 (as amended) on the recommendation of the Securities and Exchange Commission of Sri Lanka, His Excellency the President as the Minister of Finance and Planning has appointed Mr. Malik Cader as the Director General of the Securities and Exchange Commission of Sri Lanka with effect from 1st November 2010.

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airtel unveils its new global identity in Sri Lanka
30-November-2010

Bharti airtel Lanka, a subsidiary of Bharti airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, today unveiled its new global identity in Sri Lanka, following the successful international campaign that commenced in India recently.

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MORTEIN “STOP DISEASES” combats Dengue Island wide
30-November-2010

Mortein, rated as ‘Sri Lanka’s No. 1 Household Insecticides Brand’ (as per Market Research Data) recently concluded the National dengue education and awareness program, “Mortein Stop Diseases” for the 4th consecutive year reaching over a million individuals in 200 cities.

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Arpico Supercentre offers a brand new SUV this Christmas
29-November-2010

Arpico Supercentre offers its shoppers an opportunity to win a brand new Hyundai SantaFe SUV through its “Merry Wheels” Christmas promotion now on at all Arpico Supercentres.

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MOU on anti-money laundering signed with Bangladesh
28-November-2010

The Financial Intelligence Unit of the Central Bank of Sri Lanka has signed a Memorandum of Understanding with Anti – Money Laundering Department of Central Bank of Bangladesh to share financial information to facilitate investigation and prosecution of persons suspected of money laundering and terrorist financing.

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The Grant Group sweeps the boards at Effie Awards
26-November-2010

With an impressive tally of three Silver and two Bronze awards between Grant McCann Erickson and Response Marketing, the Grant Group were riding high at last night’s Effies.

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Triad continues award winning spree at Effies 2010
26-November-2010

Winning multiple awards for effective creative ideas at Effie Awards 2010, Triad - arguably the most awarded local agency even amongst its multinational competition - once again proves that they have today become one of the most celebrated features of any awards show held within the local advertising industry.

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SMB Leasing further strengthens Directorate
23-November-2010

SMB Leasing PLC (SMBL) has announced the appointment of a new Independent Non Executive Director and a Non Executive Director to its board of directors with effect from 9th November 2010.

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Deyata Sevana
22-November-2010

In support of “Deyata Sevana”, the country’s tree planting campaign to plant 1.1 million trees, the national carrier SriLankan Airlines joined  forces by planting a large number of trees at the airline premises in Katunayake on 17th November at the auspicious time of 10.07 a.m.

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Sri Lanka Design Festival 2010
19-November-2010

SriLankan Airlines, the official carrier for the event held from November 11 - 17th, flew in more than 80  participants from destinations across its network.

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Hemas PLC selects Pyxle as its Strategic Web Partner
18-November-2010

Pyxle was selected by Hemas PLC, Sri Lanka’s leading diversified company, as its global strategic web partner. Within this role; Pyxle will be given the responsibility to manage the internet and online presence for the Hemas Group.

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Chairman Lanka IOC meets top Govt. officials
17-November-2010

Mr. G.C. Daga who recently assumed duties as the non-Executive Chairman of Lanka IOC PLC met with senior government representatives and other dignitaries for a series of high-powered discussions on the progress and future plans of the company during a recent visit to Sri Lanka.

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Emirates Voted
Top Air Cargo Carrier
17-November-2010

The cargo division of Emirates Airline beat off competition from five other carriers including British Airways, Lufthansa and American Airlines to win the award, which is voted for by the readers of the online cargo journal International Freighting Weekly.

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Laugfs Allotment
16-November-2010

Laugfs Gas Ltd, the second largest player in the downstream LP Gas industry in the country wanted to raise Rs. 2.5 billion from a sale of 22% of the shares held by its parent company, through an Initial Public Offer, was proved to be a great success and also was record breaking number of applications received for shares on offer.

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Douglas & Sons Rewards its Customers With Galore of Prizes and Surprises
15-November-2010

Douglas & Sons (Pvt.) Ltd, the sole importer for Global brand battery, Sri Lanka’s No.1 maintenance free battery, is rewarding all its valued customers with exciting gifts such as tours to Bangkok, car vacuum cleaners, rechargeable torches, umbrellas and much more.

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Ceylinco Life’s Life Fund tops Rs 30 billion at 3Q 2010
15-November-2010

Healthy business growth in the first nine months of FY 2010 has enabled Ceylinco Life to increase its Life Fund to Rs 30.6 billion as at 30th September 2009, achieving a noteworthy YoY growth of 15.8 per cent.

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GSK achieves milestone one billionth Diskus device
15-November-2010

Pharmaceuticals giant GlaxoSmithKline (GSK), the company that introduced the revolutionary Multi Dose Dry Powder Inhaler (MDPI) that came to be known worldwide as the ‘Diskus,’ has celebrated the production of the one billionth such delivery device.

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COCA-COLA FOUNDATION AWARDS $300,000 IN GRANTS TO KEEP YOUTH ACTIVE
12-November-2010

Hundreds of organizations responded when The Coca-Cola Foundation announced a request for proposals for its Active Healthy Living grant.

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President's Second term brings speedy development
11-November-2010

The Minister of Mass Media and Information Keheliya Rambukwella said that development during the second term of office of the President would amaze the entire world as it was done during the victory achieved during his first term of office.

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World Bank Provides Rs 14 billion (USD 125 million) for improvement of North East Local Services
10-November-2010

The International Development Association of the World Bank has agreed to provide Rs 14 billion (approximately USD 125 million) for implementation of the North East Local Services Improvement Project, Small &Medium Enterprises (SME) Development Facility Project, and Sustainable Tourism Development Project.

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Iran Aid to Sri Lanka amounts to US$ 520 million
09-November-2010

Iran has supported technical and engineering services in Sri Lanka to the extent of US$ 520 million, Iranian Commerce Minister Mehdi Ghazanfari said yesterday (08).

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SriLankan Airlines’ Cabin Crew build children’s home in Trincomalee
09-November-2010

The Cabin Crew of SriLankan Airlines, famed for their Caring, Warmth and Friendliness on board, demonstrated that these qualities are not limited to the air by constructing a Children’s Home for 64 orphans in Trincomalee.

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The new face of Trusted Dettol Protection
08-November-2010

Dettol, the leading brand of Reckitt Benckiser and a global leader in the health and hygiene category recently launched its range of new improved Dettol soaps, promising consumers everyday protection through a refreshing, germ free bath.

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CARGILLS AND CBSL TOGETHER WITH BOC LAUNCHES
“YAL UTPATHTHI” ON DEEPAVALI DAY
05-November-2010

Cargills (Ceylon) PLC, Central of Bank of Sri Lanka together with Bank of Ceylon (BOC)have launched a joint programme to create markets for farmers from Jaffna who specialize in Palmyrah based products.

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A Unique Identification Number for EPF Members
04-November-2010

The Central Bank of Sri Lanka (CBSL) and the Department of Labour (LD) have launched a joint project to re-register all EPF members.

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Sri Lankan Magazine Culture Spins Off on getakik.lk
04-November-2010

Local web junkies can now see the light of a full-fledged entertainment web magazine in its own right – www.getakik.lk – a unique website in its sensibility, pedigree, and purpose, and positioned to serve the culturally-literate, tech-savvy consumer. With the online entertainment interactive space in a state of intense high, getakik.lk seeks to claim a space currently occupied by no one else online, recognizing a demand from both consumers and advertisers for a national entertainment site for smart, passionate fans - enabling community and collaboration on a scale never seen before.

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Laugfs Gas hosts
Annual Dealer Conventions
03-November-2010

Creating memories that would last a life time for their regional dealers, the team from Laugfs Gas Limited (LGL) travelled the country to conduct their Annual Dealer Conventions with the objective of appreciating and recognizing outstanding dealers who are a part of its extensive and fast growing dealer network – in the regions of Kurunegala, Puttalam, Anuradhapura, Polonnaruwa, Trincomalee, Badulla, Galle, Nuwara Eliya and Rathnapura.

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Virtusa Announces
Second Quarter Fiscal 2011
Financial Results
02-November-2010

Virtusa Corporation (NASDAQ: VRTU), a global information technology (IT) services company that provides IT consulting, technology implementation and application outsourcing services through an enhanced global delivery model, today reported financial results for the second quarter fiscal year 2011, ended September 30, 2010.

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KVPL posts 9-month net profit of Rs 160 million
01-November-2010

The continuing buoyancy in the rubber market, coupled with stable prices for tea in its third quarter, has enabled Kelani Valley Plantations PLC (KVPL) to consolidate its turnaround from a loss-making 2009 and post healthy growth for the nine months ending 30th September 2010.

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