ODEL posts strong 9-month growth on booming sales
31-January-2011
Consistent growth in sales across the chain and the expected seasonal spike in December 2010 have combined to generate robust nine-month fiscal results for ODEL, Sri Lanka’s only public quoted fashion retailer.
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Commercial Bank opens branch at Thambuththegama
28-January-2011
Commercial Bank of Ceylon PLC has opened its 186th branch at Thambuththegama. All facilities available at other Commercial Bank branches are available at the new branch situated at No 159,160 Anuradhapura Road, Thambuththegama.
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Microsoft Lync® now in Sri Lanka, Taking Communications to New Heights
27-January-2011
Microsoft Sri Lanka has released Microsoft Lync, the next generation of communications that connects people in new ways. Starting today, Lync is available to all business customers in the country. Recently released by Microsoft Corp. in the US markets, Lync is a single platform that integrates instant messaging, presence, audio, video and web conferencing and voice to bring people together in the ways they communicate best.
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Failan Saleem Joins PCH Mobile Handset Division as Chief Operating Officer
26-January-2011
To further support the Company’s expansion, PC House has announced the appointment of leading marketer Failan Saleem to head their Mobile Handset Division .
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Commercial Bank awards 25 more undergrad scholarships
26-January-2011
Commercial Bank’s ‘Sarasawiyata Nawa Saviyak,’ CSR programme recently presented 25 more scholarships to needy undergraduates continuing the Bank’s initiative to support the higher education of future generations of Sri Lankans.
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Hambantota to unveil 2018 Commonwealth Games Logo
By Jithendra Antonio
26-January-2011
Sri Lanka will unveil the official logo with a new annoucement of Chief Executive Officer (CEO) for the Commonwealth Games 2018 that is to be held in Southern Commercial capital Hambantota for the first time in the country.
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Ground Breaking Advancements at Durdans Hospital –
Launch of the Durdans Sixth Lane Wing
25-January-2011
Durdans Hospital, one of the leading healthcare providers in the country, has expanded further in order to increase the quality and variety of services provided to the Sri Lankan public. As an innovator in providing the most modern solutions in healthcare, the hospital’s newest venture, the Durdans Hospital Sixth Lane Wing, offers host of new facilities to it’s patrons.
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Oman Air unveils spectacular new First Class and Business Class lounges at
Muscat International Airport
24-January-2011
Oman Air, the national carrier of the Sultanate of Oman, has unveiled spectacular new First Class and Business Class lounges at Muscat International Airport. The lounges continue the themes of luxury, comfort and outstanding hospitality found on Oman Air’s aircraft, ensuring a seamless passenger experience.
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KIK Cola – Early Growth Impressive!
20-January-2011
Late last year, Elephant House - one of Sri Lanka’s most respected iconic indigenous soft-drink manufacturers - threw a fresh challenge at the Cola market with the launch of its own new cola - the much anticipated, Lankan spirited ‘KIK Cola’.
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“The Great India Education Fair”
in Colombo
18-January-2011
Prominent Universities, Colleges and Boarding Schools across India team up to showcase the strengths of Indian education at the largest ever gathering of Indian educational institutions in one grand exhibition in Sri Lanka this month end.
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Commercial Bank launches IT skills development project with ‘Mother
Sri Lanka’
18-January-2011
School children in many rural areas of Sri Lanka will have an opportunity to enhance their IT skills thanks to a new community initiative of the Commercial Bank of Ceylon and the Mother Sri Lanka Programme of the Presidential Secretariat.
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SriLankan Cargo sets new record for transshipment through Colombo
17-January-2011
SriLankan Cargo took a giant step towards becoming the air cargo hub between the East, West and the Subcontinent, by recording its highest ever transshipment of freight through Colombo in 2010.
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ODEL declares first dividend, six months after IPO
15-January-2011
Top fashion retail brand ODEL has declared an interim dividend of 25 cents per share in respect of the company’s performance in the nine months ending 31st December 2010.
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Govt bids for proposed Commonwealth Games -2018 at Hambantota
13-January-2011
The Government intends to act as the host country to hold the Commonwealth Games – 2018. Expression of Interest has been submitted and proposes to select Hambantota as the venue. An organizing committee co-chaired by the Minister of Sports and Governor CBSL Mr. Ajith Niward Cabraal, has been appointed. On a proposal by the Minister of Sports, Mr. Mahindananda Aluthgamage, Cabinet approval was granted to proceed with the initial measures taken on this matter. |
Tourist arrivals in 2010 registers a 46.1% increase
13-January-2011
Tourist arrivals has registered a 46.1% increase amounting to 654,476 arrivals last year exceeding the target set for the year of 600,000 tourists by over 50,000 arrivals. In the month of December alone the number of tourists arrived amounted to 84,627, which is an increase of 48.8% compared to the same period last year.
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Janashakthi powers our flying heroes -
Sri Lanka Air Force Rugby Team
11-January-2011
Janashakthi Insurance has signed up as the Sponsor of the Sri Lanka Air Force Rugby Team for 2011. Chandra Schaffter, Deputy Chairman of Janashakthi Insurance PLC and Air Chief Marshal Roshan Goonetileke, Commander of the Sri Lanka Air Force, inked the agreement.
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Dr Arul Sivagananathan joins Hayleys as Head of BPO Operations
10-January-2011
 Hayleys Business Solutions International (Pvt) Ltd., the Hayleys Group’s Business Process Outsourcing (BPO) and Shared Services outfit has announced the appointment of the top notch engineering and accounting professional Dr. Arul Sivagananathan as the company’s Managing Director effective January 2011.
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LECS TO PROMOTE JAFFNA INTERNATIONALY WITH ‘JITF 2011’
08-January-2011
It’s the continuation of a successful journey in 2011 with remarkable turnout of participants that includes local & foreign business communities, Sri Lankan & international brands, involvement of business & professional organizations – message clearly says that the stage is set for a mega event and Jaffna becomes the centre of attention for business once again.
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PCH Issues Statement on SEC’s Price Band Reiterates Brilliant Company Performance
06-January-2011
PC House PLC (PCH) announced today that following the imposition of the price band by the Securities and Exchange Commission (SEC) yesterday, the Company had met with senior officers of the SEC to inquire as to the reasons for such imposition.
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HVA Foods Limited announces Rs. 319m IPO
05-January-2011
HVA Foods Limited, one of Sri Lanka's leaders in the manufacturing, maketing, distribution and exporting of tea based products, today announced its intention to raise Rs. 318,857,568 million from the public through an Initial Public Offering (IPO) of 30% of its stake.
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LIOC tops LMD 50 again, plans further investments
05-January-2011
Sri Lanka’s largest corporate entity Lanka IOC PLC (LIOC) has announced plans to invest in further expansion of its distribution network and product lines and to upgrade infrastructure in response to the growing demand for petroleum products in the country.
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Telecom Levy reduced
05-January-2011
The government has reduced the Telecommunication levy to 20 percent effective from 2011.
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ODEL builds 20 houses to mark 20th anniversary
04-January-2011
Top fashion retailer ODEL recently completed its ‘ODEL 20-20 Build’ programme to construct 20 houses for needy families to mark the company’s two decades in business, a milestone it achieved in 2010.
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Emirates SkyCargo Completes its Longest Flight
03-January-2011
Emirates SkyCargo, the freight division of Emirates airline, has set new records by operating its longest ever non-stop flight - 17.5 hours from Sydney to New York. Emirates SkyCargo’s new generation Boeing 777 Freighter operated the service, which arrived on 28th December.
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Aspirations Education celebrates half a dozen
years of Global Education Counseling
31-January-2011
Aspirations Education (AE) an international career guidance and student placement service center in Sri Lanka recently celebrated its sixth year anniversary at the counseling center a company spokesperson said. The center currently works with over 100 prominent universities and institutes in Australia, UK, New Zealand, USA, Canada, Malaysia, India and Singapore.
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Dr. Sarath Abeyakoon appointed to the Board of
Ceylinco Healthcare Services
31-January-2011
 Ceylinco Healthcare Services Limited (CHSL) has announced the appointment of senior Consultant Oncologist Dr. Sarath Abeyakoon to the company’s Board of Directors. One of Sri Lanka’s most senior medical professionals in the field of Oncology, Dr. Abeyakoon MBBS, MD has served as Senior Oncologist and Medical Director of the Ceylinco Radiation Treatment Centre since 2007. The Centre, which introduced state-of-the-art Linear Accelerator technology to the country for the treatment of cancer, is one of three facilities owned and managed by CHSL, a wholly-owned subsidiary of life insurance leader Ceylinco Life. The other two facilities are the Ceylinco Healthcare Centre and the Ceylinco Diabetes Centre.
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Correction continues at Colombo Bourse
By Jithendra Antonio
29-January-2011
Colombo Stock indices dipped with comparatively thin volumes on Friday the 28 January, 2011. Some retail investors, who were late to join the short rally, seem to hold the stocks until a direction is created according to brokers. All Share Price Index (ASPI) and Milanka Price Index (MPI) declined by 0.85% and 1.75% respectively for the week.
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Colombo All Share Price Index consolidates after rally
By Jithendra Antonio
28-January-2011
Positive interim results at Colombo Bourse failed to stop indices from falling on Thursday the 27 January,2011. Corrections were made in the plantation sector stocks amidst price bands on some counters. High networth accumulation was witnessed in certain stocks according to brokers.
The All Share Price Index (ASPI) closed at 7,211.11, down 0.42% by 30.76 points while the Milanka Price Index (MPI) of more liquid stocks closed at 7,195.82 points, down 0.35% by 25.03 points during the trading day.
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CDB surpasses Rs. 300Mn net Profit-after-Tax for
first nine months of 2010/11
27-January-2011
Continued improvements in key performance indicators in the third quarter of 2010 enabled Citizens Development Business Finance Ltd (CDB) to record a noteworthy profit growth for the nine months ended 31 December 2010.
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Colombo Stocks All Share Price Index passes Milanka Price Index
By Jithendra Antonio
26-January-2011
Continued retail dominance eventually led Colombo’s All Share Price Index (ASPI) to pass Milanka Price Index (MPI) today. Aggressive buying pressure across the plantation sector, retail driven poultry stocks and institutional investors’ interest in SAMP helped gain ASPI. Mixed sentiments on blue chips seem to keep the MPI stagnant. The All Share Price Index (ASPI) closed at 7,241.87points, up 0.23% by 6.63 points and the Milanka Price Index (MPI) of more liquid stocks closed at 7,220.85 points, dropped 0.28% by 20.07 points as at end of trading day.
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Experienced and fresh leaders to steer Global Compact Ceylon Network towards Corporate Sustainability
26-January-2011
Future advances in global integration, poverty reduction, protection of our planet and, ultimately, peace critically depend on our ability to collectively address the most pressing global challenges. Accelerating the practice of corporate sustainability and responsibility is an urgent task in these complex times, when crises – from financial market break downs to environmental degradation – are increasingly global and connected.
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Etisalat provides connectivity to Jean Todt the President of FIA
26-January-2011
 Etisalat gifted prepaid SIMs for world renowned personality and President of the FIA (Federation Internationale de l'Automobile) Jean Todt and his wife, Michelle Yeoh, during their recent visit to Sri Lanka.
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Colombo Stock Indices gains amidst mixed sentiments
By Jithendra Antonio
25-January-2011
Colombo Stock Indices gained slightly on Monday the 24 January, 2011 while investors showed mixed sentiments on different counters. Buying pressure was witnessed in finance and manufacturing sectors. However, profit taking in small and mid cap counters subdued last week’s momentum according to brokers.
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ODEL joins IGDS
25-January-2011
Sri Lanka’s premier fashion and lifestyle brand ODEL has been conferred membership of the Intercontinental Group of Department Stores (IGDS), the largest association of department stores in the world. This prestigious membership puts ODEL, the only IGDS member from Sri Lanka, in the company of some of the leading and most prominent department stores in the world including Selfridges, Saks 5th Avenue, Printemps, Parkson, Beco, FEDS, Shopper’s Stop, M&S and Woolworths.
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First Model Pre-School in Jaffna opened by Hemas
25-January-2011
 Hemas Holdings PLC Ltd recently brought colour and life to the little children of the war-ravaged North with the formal opening of the new Hemas Piyawara model Pre-School in Jaffna. Situated in the Nallur Municipal Complex, this Rs. 8 million Piyawara Pre-School is funded by Hemas Holdings PLC, implemented by UNOPS and is the 33rd Hemas Piyawara Pre-School in the country.
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hSenid International HRM Conference 2011 gears up to
Unleash HR Potential to Compete Globally
25-January-2011
 With a view to showcase best practices in the industry - especially in knowledge sharing from a strategic perspective - and effectively portray Human Resource Management as a tool to gain competitive advantage for local companies to win globally, hSenid Business Solutions (HBS) will host the hSenid International Human Resource Management Conference 2011 on the 10th and 11th of February at the Hilton Colombo.
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Bartleet Finance to sponsor the Junior Tennis Initiative Programme
24-January-2011
 Bartleet Finance, with their rich corporate culture of CSR initiatives, has volunteered to sponsor the Junior Tennis Initiative programme for this year. Speaking to the press, Mr. S Raghavan, Director BFS said “we need to regionally integrate with the community, thus giving exposure to the respective branch personnel to be involved in CSR in their respective areas. We also consider it our duty to help underprivileged kids, keeping in mind that someday these kids would grow up to be talented tennis players and also skilled entrepreneurs”.
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Jaffna enjoys the impact of ‘MICE Tourism’
with ‘JITF 2011’
23-January-2011
 On Sunday the 23rd January, Jaffna International Trade Fair 2011 ended its successful 2nd edition having great impact on northern business & community activities. Everyone that participated for this year’s exhibition including local & foreign business delegates and the people of Jaffna was satisfied with this massive trade exhibition which is a rare event that takes place in this part of the Island. While contributing towards the government’s action plan to speed-up the development process in the North & East of Sri Lanka, JITF 2011 which was organized by Lanka Exhibitions & Conference Services (Pvt) Ltd – LECS, provided entertainment & educational facilities to the general masses through a series of seminar, lectures and musical shows during the exhibition period.
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Small and Mid Caps dominate at Colombo Bourse
By Jithendra Antonio
22-January-2011
Colombo’s All Share Price Index (ASPI) gained on Friday the January 21,2011; with the renewed interest shown in Manufacturing sector counters, with the positive interim results of Royal Ceramics (RCL) and Primal Glass (GLAS). Week ended positively with ASPI gaining 3.15% from the last week. However, the volatility of MPI continued, declining 0.11% for this week.
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Emirates Shares ICC Cricket World Cup 2011
Trophy
With Dubai’s Street Players
21-January-2011
 Emirates airline - an Official ICC Partner – shared the ICC Cricket World Cup 2011 trophy with street players in Dubai to celebrate the final countdown to the start of event.
With just a month until the cricket carnival gets under way on 19th February, a group of lucky cricket fans got to see the trophy that the likes of England’s Andrew Strauss and India’s Mahendra Singh Dhoni dream of lifting in Mumbai on 2nd April.
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Colombo Bourse ASPI hits all time high
By Jithendra Antonio
21-January-2011
Colombo Stock Exchange ASPI made history, hitting the higest value ever on Thursday the 20 January 2011. Diversified sector was on the up, after a long pause as institutional and high networth investors returned to the market. Stability of the exisiting positive momentum will depend on the behaviour of these players.
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Ceylinco Life opens new City Office
20-January-2011
 Life insurance leader Ceylinco Life has converted its centrally-located and easily accessible former headquarters to a sophisticated City Office for the convenience of customers. The new City Office at No. 134, Galle Road, Colombo 3, is equipped with the latest facilities and accommodates a Call and Customer Relationship Management (CRM) centre, Audit Division, Central Payment Division, Quality Assurance Division, a gift shop and the Group Assurance Division. Policyholders can pay premiums and obtain all necessary information on their policies at this location.
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Colombo Stock Indices back on track
By Jithendra Antonio
19-January-2011
Singer Finance (SFIN) continued to attract retail investors at Colombo Bourse on Tuesday the 18 January, 2011 whilst Healthcare sector gained, triggered by a negotiated deal of Asiri hospitals (ASIR) as well as on renewed interest in certain counters in the sector. Indices improved amidst accumulation across the board.
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Singer Finance rallys alone at Colombo Bourse
By Jithendra Antonio
18-January-2011
Colombo Stock Indices glided slightly on Monday the 17 January 2011 as investors focused on the IPO gains of Singer Finance PLC (SFIN) which rocketed the trading floor ahead of other listed stocks. However, buying interest was seen in other financing companies such as Central Finance (CFIN) and Asia Capital (ACAP) while mixed sentiments seem to prevail in the absence of aggressive institutional investor participation.
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Buoyant CEAT adopts new colours in
dynamic rebranding
18-January-2011
 Sri Lanka’s top selling tyre brand CEAT today unveiled a vibrant and colourful new visual depiction in what the company calls an ‘evolutionary rebranding’ that reflects the rapid growth it has achieved in Sri Lanka over the past 24 months, and the brand’s new livery on the international stage.
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Local and International Governing Bodies
“Linking-up” to combat Illegal Wildlife Trade
17-January-2011
The Sri Lanka Wildlife Enforcement Network the local coalition of the South Asia Wildlife Enforcement Network (SAWEN) together with international governing bodies taking a much needed stance, today announced the launch of the National Consultation Workshop 2011 themed “Linking up with South Asia”, amidst a large gathering of government, public and NGO guests at a ceremonial opening at Taj Samudra Colombo.
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Colombo Stock Exchange ends with
short day volatility run
By Jithendra Antonio
15-January-2011
Colombo Stock Market continued with mixed retail sentiments on Friday the January 14, abridged trading. However, All Share Price Index (ASPI) gained marginally amidst the upward trend of banking sector. Institutional investors may enter the market after interim results are released according to brokers.
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Retailers book profits at Colombo Stock Market
By Jithendra Antonio
14-January-2011
Retail selling pressure spurred the momentum with the Laugfs Gas (LGL) rally at Colombo Stock Exchange on Thursday the 13 January 2011 whilst profit taking was witnessed across the board with banking and Investment Trust sectors helped All Share Price Index (ASPI) gain slightly after the early drop. Volatility is to be expected with the high participation of retail investors according to brokers.
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FONTERRA BRANDS LANKA ASSISTS RELIEF EFFORTS FOR
FLOOD AFFECTED COMMUNITIES
13-January-2011
 Fonterra Brands Lanka is supporting the Government’s relief efforts to assist communities in the Eastern province and North Central province areas of Batticaloa, Trincomalee and Polonnaruwa that have been affected by the devastation of serious flooding. In response to an appeal for aid by the government of Sri Lanka, Fonterra is working closely with the Ministry of Health and Ministry of Co-operative and Internal Trade to distribute Anchor milk powder and clean drinking water to shelter camps in these three districts.
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Sri Lanka’s All Share Price Index climbs
7,000 mark again
By Jithendra Antonio
13-January-2011
Since a slight fall in mid October 2010 after Colombo’s All Share Price Index (ASPI) reaching 7,000 points, Sri Lanka’s best performing stock market again passed the 7,000 points on Wednesday the 12, January 2011 while privately owned Gas Company Laugfs Gas (LGL) continued to rally with renewed interest in few other Power & Energy related stocks. Foreign investors continued to be net sellers.
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The Finance Company Announces
share issue in January ‘11
11-January-2011
 The Finance Company (TFC), the oldest finance company in Sri Lanka, which boasts of a sterling history of 70 years of unbridled operations, today announced its share issue which is scheduled to roll-off on 11th January ’11. Through this share issue the Company is hoping to raise Rs. 1.6 billion in capital.
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CDB’s ‘Sisudiri Season 03’ kicks off with Rs 1.2 Mn worth
scholarships for needy students
11-January-2011
 Citizens Development Business Finance Ltd. (CDB) recently awarded scholarships to the third batch of children of three-wheeler owners who obtained the highest results at the Grade 05 scholarship exam and the GCE O/L examination.
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More than 7,000 dogs helped by Embark by end 2010
11-January-2011
 Embark, the community animal welfare initiative of ODEL, has announced that it has with the support of partner organizations, assisted a total of 7,183 stray dogs since its inception in March 2007. The programme, which leverages ODEL’s intuitive skill at fashion retail to raise funds for the cause and promote care for street pooches, said 2010 was its busiest year to date, with multiple projects and campaigns generating wider community participation.
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Intel Assists Educators in the South to Become
More ICT Friendly
10-January-2011
 Intel believes that the key to solving global challenges lies amongst the young people of the world. As a result, the Company has initiated a global program to effectively integrate technology and education to ensure that the youth is sufficiently skilled to face the challenges of today’s world.
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Commercial Bank reaches milestone 400th ATM
10-January-2011
 The Commercial Bank of Ceylon PLC has achieved yet another milestone with the addition of the 400th Automated Teller Machine to its extensive, island-wide 24-hour cash dispensing system which includes on site as well as off site ATMs, and is the single largest in the country. More than 125,000 transactions totalling over Rs. 450 million are carried out daily through the Bank’s ATM network. This is the highest value dispensed by a single ATM network in Sri Lanka. The network has maintained a record up-time of over 99 per cent, for all its users.
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Sri Lanka’s First Lady Endorses Nestlé Lanka’s
Healthy Kids Programme
07-January-2011
 Madam Shiranthi Rakapaksa, Sri Lanka’s First Lady, takes keen interest in the development and nurturing of Children in the country and is founder of exemplar Pre-schools in Sri Lanka. Presented with Nestlé Lanka’s Healthy Kids Programme recently by Alois Hofbauer, Managing Director, she endorsed and commended the Company’s Nutrition Awareness programme - a part of the Nestlé Healthy Kids Global programme - for school children.
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NDB Bank ties up with Etisalat for bill settlement
06-January-2011
 The NDB Bank has tied up with Etisalat Lanka (Pvt) Ltd. to offer greater convenience to Etisalat Post-Paid & Pre-Paid customers for bill settlement. With the new partnership, Etisalat customers will have the opportunity to have their bill payments credited instantly to their Etisalat accounts when they pay via any NDB Bank counter.
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“Mangala Sihinaya”, first-ever
wedding reality show hits
Sri Lankan TV screens
05-January-2011
 “Mangala Sihinaya”, Sri Lanka’s first-ever wedding reality show hits local television screens this month as Vogue Jewellers and Sri Lanka’s premier television channel Sirasa TV, join hands to both reward and entertain hundreds of thousands of television viewers across the country.
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airtel and iGateway, together with Airport & Aviation Services in Sri Lanka power
BIA with complimentary calling facilities
05-January-2011
 airtel, together with iGateway, and with the support of the Airport & Aviation Services in Sri Lanka, proudly launched complimentary mobile communication services at the Bandaranaike International Airport recently. A first of its kind in Sri Lanka, this collaborative initiative enables over one million and six hundred thousand inbound and outbound annual travelers who breeze through the airport, the ease and convenience of contacting loved ones to any network within the country.
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Markss Healthcare partners Sri Lanka Association of
Urological Surgeons
04-January-2011
02.A.gif) Markss Healthcare (Markss HLC) one of the fastest growing pharmaceutical companies in Sri Lanka partnered with the Sri Lanka Association of Urological Surgeons to conduct skill building workshops for the up and coming surgeons under the “MARKSS Wellness Campaign”. The inaugural workshop under this partnership was held recently at the Sri Jayawardenapura University Skills Lab that saw the participation of 28 trainee doctors who were awarded with certificates of accreditation.
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‘SURE’ rewards from Seylan Bank to
all customers
03-January-2011
 Seylan Bank has further expanded its rewards portfolio for its thousands of customers all over Sri Lanka with the launch of Seylan SURE. As its name rightly suggests, Seylan SURE is a specially crafted scheme which brings gifts and cash rewards to all current and normal savings (both individual and joint) account holders customers who maintain a minimum balance of Rs. 20,000/- with the Bank.
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PRESIDENT’S NEW YEAR MESSAGE
01-January-2011
 WE LOOK TOWARDS THE FUTURE WITH POSITIVE ASPIRATIONS
We look towards the future at the dawn of this New Year with renewed determination, firm commitment and many positive expectations, he said adding, ‘Our aim is to recover with speed all that was lost to Sri Lankan society in more than three decades', stated President Mahinda Rajapaksa in his New Year message.
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Sri Lanka ranks among the top 9 Asia/Pacific countries for global IT sourcing
01-January-2011
World’s leading information technology research and advisory company Gartner, Inc. (NYSE: IT) has ranked Sri Lanka among the top 9 countries in the Asia/Pacific Region for globally sourced activities in 2010-2011.
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Hameedia on “Exclusive Resorts and Day Spas”,
Cox Media Network’s award-winning television show
31-January-2011
Sri Lanka’s leading menswear specialist Hameedia has been chosen to be featured in “Exclusive Resorts and Day Spas”, an award-winning television show featuring leading Resorts, Hotels and Attractions from around the world.
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Fm Derana wins official rights for ICC World Cup Broadcast
27-January-2011
FM Derana announced today that it has been selected as the official radio broadcasting channel for the prestigious ICC World Cup 2011 which will kick off on the 19th of February in the sub continent.
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Five day rally ends in Colombo Stocks
By Jithendra Antonio
26-January-2011
Colombo Stock market witnessed short term profit taking weighed on indices during early trading on Tuesday the 25 January, 2011. However, renewed interest in poultry sector and plantations stocks fuelled by positive interim results created a bullish sentiment towards the end of the trading day.
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Ceylinco Diabetes Centre partners with Vision Care
24-January-2011
The Ceylinco Diabetes Centre has partnered with Vision Care Optical Services to offer visitors to the Centre a facility to obtain spectacles at the same premises.
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Swadeshi Khomba enlightens Aloka Pooja of Kelaniya Raja Maha Viharaya
for the 12th consecutive year
21-January-2011
The Swadeshi Industrial Works PLC, Sri Lanka's pioneer herbal-based personal care products company sponsored the "Aloka Poojawa" of the Kelaniya Raja Maha Viharaya for the 12th successive year through the company's flagship brand Khomba, the first herbal soap manufactured in Sri-Lanka.
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Intel unveils its visibly smart 2nd generation
Intel® Core™ Processor family
18-January-2011
Intel Corporation, introduced the much awaited and game changing 2nd Generation Intel® Core™ processor family today. Intel disclosed some exciting and surprising new features and services, and several unique agreements that deliver an entirely new visual experience with processor graphics built in. Over 500 desktop and laptop PCs are expected from all major OEMs worldwide throughout this year. In Sri Lanka, systems are likely to be available from all the MNCs as well as from local channel partners.
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‘JAFFNA TRADE FAIR 2011’ SITE BEING PREPARED DURING
PRESIDENT’S VISIT TO JAFFNA
18-January-2011
The site was working at its full scale when the head of state, His Excellency the President, Mahinda Rajapaksa and his entourage passed by the ground adjoining the Durayappah Stadium (where the Thaipongal ceremony was held) in Jaffna Monday the 16th January 2011.
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Richard Pieris Tyre Company felicitates High Performers in
North Western Province at Dealer Convention
17-January-2011
The Richard Pieris Tyre Company, the market leader and the pioneer in the tyre retreading business in Sri Lanka felicitated more than 200 dealers in the North Western region at Seasons Hotel Kurunegala, graced by Mr. Pushpika Janadheera Director/General Manager Richard Pieris Tyre Company. The dealers were briefed about new products and also the business approach during the gathering.
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Asia Commerce signs up with Scienter Technologies for fully digitised integrated solution
13-January-2011
Leasing experts Asia Commerce Limited (ACL) recently signed a Memorandum of Understanding (MoU) with Scienter Technologies (Pvt) Ltd to acquire their new fully integrated software solution – Destinity eFinancials to streamline ACL’s operations.
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Emirates and Montblanc Celebrate the Iconic A380
Design with
a Limited Edition Writing Instrument
11-January-2011
Emirates has partnered with Montblanc – purveyors of fine luxury products, to offer customers the opportunity to win an exclusive Montblanc Skeleton A380 Limited Edition writing instrument worth USD19,650, inspired by the world’s most advanced aircraft the Airbus A380.
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DFCC Vardhana Bank opens branches in Pettah & Embilipitya
10-January-2011
DFCC Vardhana Bank (DVB), the everyday banking unit of the pioneer development bank, DFCC Bank opened two new branches recently.
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ISAGO Certification for Sri Lankan Airlines’ Ground Handling Operations
09-January-2011
SriLankan Airlines’ ground handling operations at Bandaranaike International Airport (BIA) received the prestigious IATA Safety Audit for Ground Operations (ISAGO) certification for two more years. ISAGO is the globally accepted industry best practices programme for airport ground handling operations.
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RICHARD PIERIS’ LAUNCHES STOCK BROKING OPERATIONS
07-January-2011
Richard Pieris Securities (Pvt) Ltd a wholly owned subsidiary Company of Richard Pieris & Co PLC launched its stock broking operations on 6th January 2011.
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Commercial Bank assists Jaffna Hospital
05-January-2011
The Commercial Bank of Ceylon recently carried out another major CSR Project in the Northern Province by assisting the Jaffna General (Teaching) Hospital, one of the most widely patronised medical facilities in the area.
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'Glorious Jaffna' promises to put a little bit of Jaffna into your lives
05-January-2011
'Glorious Jaffna' – a new book that features the work of photographer Tharindu Amunugama and writer Sunela Samaranayake is a personal photo essay shot in the northern city of Jaffna and is inspired by the enormous sense of hope for Jaffna to one day return to where it once was in the boks of history – Glorious !
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Sri Lanka leads at Manthan Award South Asia 2010
01-January-2011
Sri Lanka topped the region by winning six awards out of 57 projects nominated by the ICT Agency of Sri Lanka (ICTA) at the Manthan Award South Asia 2010 held in New Delhi recently.
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