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Inflation in June 2012
30-June-2012

Inflation, as measured by the Colombo Consumers’ Price Index (CCPI) (2006/07=100) computed by the Department of Census and Statistics, increased to 5.8 per cent in June 2012, on an annual average basis, from 5.6 per cent in the previous month.

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Intel recognizes Singer All-in-One PC
30-June-2012

Recently concluded Intel Solutions Summit – Asia Pacific, recognized the first All-in-One PC in South Asian region, Singer All-in-One PC. Intel Corporation – USA annually holds the Solution Summit for regions throughout the world. The program is designed to train, support and position channel partners for sustained growth by supporting the current businesses and identifying new opportunities.

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ProFood ProPack and Agbiz 2012
28-June-2012

Profood Propack and Agbiz 2012, an exhibition that will showcase the entire process of the food and packaging industry under one roof is set to take place for the 11th consecutive year on the 6th, 7th and 8th of Jul 1012 at the Sirimavo Bandaranaike Memorial Hall, in Colombo.

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REVISION OF THE COMPOSITION OF THE MILANKA PRICE INDEX (MPI) 1ST JULY 2012 TO 31ST DECEMBER 2012

Aspirations International Academy to teach prestigious University of London (UOL) Degrees in Sri Lanka
27-June-2012

Aspirations International Academy announced that the modern, futuristic institute in Sri Lanka has introduced teaching for University of London International Programmes in BSc Accounting and Finance (Hons), BSc Economics and Management (Hons) and Bachelors in Law- LLB (Hons) further expanding its educational services to the local students’ base who wish to obtain a prestigious degree.

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Gatwick in Landmark Moment as Emirates Dispatches World’s Largest Airliner
26-June-2012

The world’s largest passenger jet aircraft will touch down at London Gatwick next month as Emirates brings an Airbus A380 to the airport to mark 25 years of service.

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BATTICALOA INTERNATIONAL TRADE EXHIBITION 2012
24-June-2012

Sri Lanka’s scenic capital of the east is set to come alive during the 12th, 13th and 14th of October by way of the Batticaloa International Trade Exhibition 2012 (BITE- 2012). The exhibition which has been hailed throughout business circles as a central point for the meeting of investors, businesses and investment opportunities with the multitude of activities in the east is set to bridge gaps between the east and the rest of the open world.

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International Sovereign Bond Issue of the Government of Sri Lanka-2012
21-June-2012

The Central Bank of Sri Lanka (CBSL), on behalf of the Government of Sri Lanka (GOSL), is currently planning an issuance of an International Sovereign Bond of up to US Dollar 1,000 million in the international capital market at an appropriate maturity.

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Kumarika makes a pledge to promote Natural Living
21-June-2012

Sri Lanka’s leading hair care brand Kumarika signed a pledge to promote natural living and the launch event was held at Janakala Centre, Battaramulla. This initiative was commenced in lieu of World Environmental Day on June 5th.

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HITACHI DATA SYSTEMS REDEFINES UNIFIED STORAGE
21-June-2012

Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi, Ltd. (NYSE: HIT/ TSE: 6501), today redefined unified storage with the new Hitachi Unified Storage (HUS) and single management framework.

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Expeditors International appoints Expelogix as Exclusive Agent in Sri Lanka
20-June-2012

Expelogix (Pvt) Ltd., a newly established company, is to take over operations as the exclusive agent in Sri Lanka for Expeditors International of Washington Inc., a Fortune 500 global logistics company headquartered in Seattle, Washington DC.

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“Diva White Power Washing Machine Revolution”
20-June-2012

Hemas manufacturing Pvt Ltd.'s newly introduced, Diva White Power detergent powder, is giving away 60 washing machines as part of their mega consumer promotion.

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Nexia International holds Asia Pacific Conference in Colombo
20-June-2012

The 23rd annual Nexia International Asia Pacific Conference will take place in Colombo on 06 and 07 July under the theme “Strategies to prepare for the development in the Market”.

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Commercial Bank records highest growth in ‘Inter-Bank Electronic’ payments
20-June-2012

The Commercial Bank of Ceylon has been recognised as the ‘Bank with the Highest Growth’ in the ‘High Volume Bank Category’ among banks using the Sri Lanka Inter Bank Payment System (SLIPS) in 2011-12.

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ACCA reviews 2011/12 performance
19-June-2012

ACCA (the Association of Chartered Certified Accountants) has announced a significant rise in new student numbers and online service customer satisfaction at the end of its 2011/12 operating year. Total increase in membership in 2011-12 has been 7,000 (4.8%) while over 70,000 new students started studying for the ACCA Qualification. ACCA now has 154,000 members and 432,000 students in 170 countries.

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Mega Lifesciences promotes a stress-free lifestyle with Ginsomin
19-June-2012

Mega Lifesciences, with over 25 years of international presence and experience in the human wellness. Healthcare & pharmaceuticals field has produced a range of products often cited as the most natural and healthy alternatives to a stressful lifestyle. Its product range is able to provide people with effective results for a range of health needs.

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PC House Takes IT Solutions Closer To Sri Lankan Consumer
19-June-2012

PC House PLC reaffirmed its dedication to quality service by providing customers access to a wide range of solutions through their island wide branch outlets. PC House boasts of a branch network of over 25 outlets making IT solutions more accessible to the Sri Lankan consumer across the island. Commenting on this move, Mr. Thufail Musadeen, Head of Retail and Regional Operations said, “The average Sri Lankan business now looks beyond hardware purchases and demands complete solutions from their IT partners. As a leading provider of ICT products and solutions, we recognized this need and leveraged our outlet network to make IT solutions a service that has traditionally been offered out of Colombo more accessible to consumers.

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CAMMS announces new Head of Global Services and Country Head
18-June-2012

CAM Management Solutions (CAMMS) - the global leader in the supply of corporate performance management and BI solutions – today announced the appointment of Lavi de Silva to the position of Head of Global Services & Country Head (Sri Lanka).

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Venture Engine Announces International Panel for Finale
16-June-2012

Venture Engine stands firm on their promise to create real opportunities for Sri Lankan Entrepreneurs as they announce a distinguished panel of international judges for the final presentations.

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Sri Lanka’s int’l power & energy show is now on in Colombo with strong Indian Pvt sector presence
15-June-2012

Sri Lanka is on a drive to reduce manufacturing costs by slashing industry power consumption. “I am pleased to announce that My Ministry has implemented a much needed industry grade energy efficiencies at factory level, using the Public Private Partnership (PPP) model.

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Savitha Sastry: Narrating a modern story in an ancient art form
15-June-2012

Flowing elegance,breathtaking, moves like a temple sculpture come to life’ said the San Francisco Voice of Savitha Sastry. Danseuse Sastry is a leading advocator of Bharthanatyam, the classical Indian dance form hailing from Tamil Nadu and rooted in ancient history.

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Brandix launches ‘Jalavahini’ to empower women in water management
13-June-2012

A pioneering initiative to empower women community leaders involved in water resources management in rural Sri Lanka has been launched by the Brandix Group, in recognition of the fact that community-based organisations (CBOs) are responsible for a sixth of the country’s water supply.

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Commercial Bank opens Branch in Middeniya
13-June-2012

The newest location to receive the services of the Commercial Bank of Ceylon is Middeniya in the Southern Province. The opening of the Middeniya Branch expands the Bank’s islandwide presence to 218 branches and service points.

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A Samudra Book Store for the Books Loving People of Matara
11-June-2012

Samudra Book Publishers who are the Leaders of excellent quality educational Books to the future of our nation has now opened its newest branch at No, 127, Tangalle Road, Kotuwegoda, in Matara.

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Jehaan Ismail appointed CEO of First Capital
08-June-2012

First Capital Holdings PLC has announced the appointment of career banker Jehaan Ismail as the company’s Chief Executive Officer. Mr. Ismail, whose 28 years in banking has included several key international postings for HSBC, was Chief Operating Officer ofHSBC Colombia S.A, based in Bogota, Colombia, in his final stint with the global banking giant.

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FOR THE THIRD TIME TWO BURNETTERS TO REPRESENT SRI LANKA AT THE CANNES YOUNG LIONS FESTIVAL
07-June-2012

Rameez Fazal and Danushka Kathriarachchi of Leo Burnett Solutions Inc. (LBSI) the Sri Lankan office of the internationally acclaimed advertising agency network Leo Burnett Worldwide will represent Sri Lanka in Cannes at the Young Lions TV category at the 59th Cannes Lions International Festival of Creativity in France.

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hSenid celebrates over 10 years of seamless connectivity with Sri Lanka Telecom
07-June-2012

hSenid Business Solutions and Sri Lanka Telecom celebrated over ten years of seamless connectivity this year. The partnership with Sri Lanka Telecom was recognised and appreciated at the hSenid’s 15th year anniversary celebration event. hSenid’s partnership with Sri Lanka Telecom over the years has grown from strength to strength.

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Emirates Reveals New Industry-Leading Screens for its Inflight Entertainment System, ice Digital Widescreen
07-June-2012

In its on-going efforts to invest in the latest entertainment content and newest systems, Emirates has recently upgraded the hardware on its new Boeing 777 fleet to bigger, much wider, and digitally-enhanced screens for its winning inflight entertainment system ice(Information, Communication and Entertainment); bringing it in premium quality to every seat in Emirates First, Emirates Business, and Economy Class.

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Internet Marketing Solution by Pyxle brings results for Palagama Beach Resort
06-June-2012

Pyxle, a top ranking Software and Web Development Company based in Sri Lanka proved yet again their competency in Internet Marketing solutions when their Search Engine Optimization (SEO) project for Palagama Beach Resort, resulted in a traffic increase of 650% for the Hotel within just 5-6 months of optimization. This success was far above the desired objectives and targeted deadlines of the project.

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Triumph inspires the up coming designers through “Dragons & Butterflies”
06-June-2012

Triumph, one of the world’s leading lingerie and shapewear brands, challenges young students from all over the world with the fifth Triumph Inspiration Award, the industry’s leading design contest in lingerie.

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Sri Lanka hosts inaugural South Asian Wildlife Enforcement Network - SAWEN regional meeting
05-June-2012

The South Asian Wildlife Enforcement Network – SAWEN began its inaugural regional meeting at Jetwing Lagoon, Negombo inaugurated by Hon. Anura Priyadarshana Yapa, Minister of Environment.

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Emirates announces special June fares for Colombo departures
05-June-2012

June has suddenly become the month for travelling overseas, with Emirates announcing a series of special fares valid for travel out of Colombo during the month.

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SriLankan on a roll to reduce Carbon Footprint
05-June-2012

Whilst consolidating a commitment to establish a strong culture of planet friendly attitudes and practices as a responsible corporate entity and as individuals, SriLankan Airlines’ continues its efforts to achieve highest global standards in environmental management and conservation. On World Environment Day (WED), the airline introduces a series of new tactical measures to double the awareness of the critical importance of the good health of the planet, emphasising the importance of instilling a corporate and individual mind-set to be ‘environment conscious’.

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TECH ZONE unveils the Dragon Rider PC chassis
01-June-2012

Tech Information Solutions Pte Ltd., one of the leading IT solutions provider in the country recently unveiled the award-winning Dragon Rider PC chassis in Sri Lanka.

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CONSTRUCTION EXPO 2012
30-June-2012

Sri Lanka's Premier Construction Suppliers, Equipment, Machinery & Technology Exhibition

Construction EXPO 2012, the Islands first and only comprehensive exhibition that caters to all needs and services relating to the construction industry is scheduled to be held on the 29th 30th June and the 1st of July at the Sirimavo Bandarakanike Memorial Hall.

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US AMBASSADOR VISITS COCA-COLA PLANT IN SRI LANKA
28-June-2012

Coca-Cola Beverages Sri Lanka Limited (CCBSL) welcomed Patricia A. Butenis, U.S. Ambassador to Sri Lanka and Maldives on her visit to the Coca-Cola plant in Biyagama. Present at this occasion was Country Manager for Coca-Cola Beverages Sri Lanka Limited - SaumindraBhattarcharya.

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Emirates to Increase Services to Kingdom Of Saudi Arabia During Ramadan
28-June-2012

Emirates will add a total of 73 additional flights to and from the Kingdom of Saudi Arabia during Ramadan, adding to the carrier’s already robust service schedule. Jeddah and Medinah Al Munawarrah will benefit from the extra services, put in place to serve the large number of passengers travelling to the Kingdom for religious based travel. The extra services will be in operation from 20th July to 1st September 2012.

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Ceylinco Healthcare Centre offers easy payment via credit cards
28-June-2012

Sri Lanka’s pioneer health screening institution, Ceylinco Healthcare Centre has launched easy payment schemes for visitors who make their payments via credit cards issued by several leading banks. The Centre has tied-up with Sampath Bank, Hatton National Bank, Nations Trust Bank and Standard Chartered Bank to offer this facility to those who make payments for diagnostic services or treatment by credit cards of these banks.

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EPF welcomes S&P Clarification re. their recent Banking Industry Country Risk Assessment (BICRA)
27-June-2012

The Employees’ Provident Fund (EPF) welcomes the clarification made by Standard and Poor’s (S&P) today that there was “no information of any specific incidences occurring” of “a potential conflict of interest” due to the Central Bank’s oversight of the EPF which is “a large investor in Sri Lankan banking stocks”.

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S&P Indices & CSE Launch S&P Sri Lanka 20
27-June-2012


S&P Indices Announced today the launch of the S&P Sri Lanka 20, which has been jointly developed with the Colombo Stock Exchange (CSE). The Index is designed to be representative of the Sri Lankan equity market, yet also be efficient to replicate, with possible application for index funds and ETFs.

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CEAT’s ‘Mile XL’ to offer higher mileage & performance for Lorries and Buses
26-June-2012

A superior tyre that employs the latest Indian tyre technology and advanced compounds to deliver robust performance for buses and lorries has been launched by CEAT Kelani Tyres, in a further expansion of its market-leading portfolio in the commercial tyre segment.

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Adidas brings UEFA Euro 2012 excitement to Sri Lanka
25-June-2012

The excitement of the current UEFA Euro 2012 comes to Sri Lanka as adidas Retail Stores in Sri Lanka showcase this year’s revolutionary football boot - adidas Predator® Lethal Zones. adidas, the world’s leading football brand has developed the ultimate weapon for ball control, the revolutionary football boot - adidas Predator® Lethal Zones. Complete with five deadly zones for controlling the game, the Predator® Lethal Zones positions an arsenal of possibilities at a player’s feet - one zone for high-speed dribbling, another for perfect first touch, a sweet spot to generate pace while striking at goal, a driver to open up the game with long distance passing and a fifth zone for precision passing.

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PIRAMAL GLASS CEYLON INAUGURATES RS 25 MILLION EFFLUENT TREATMENT PLANT
24-June-2012

Piramal Glass Ceylon PLC (PGC)  inaugurated its new high capacity Effluent Treatment Plant ( ETP )  under the patronage of Mr. P Kumaran, the  Deputy High Commissioner of India in Srilanka, and Member of Parliament Vidura Wikramanayake on 22nd Friday June/2012, along with Mr Sanjay Tiwari , CEO and Managing Director of Piramal Glass Ceylon plc  in the presence of  Mr Ranjith Fernando and  Dr Bandula Perera both Directors of Piramal Glass Ceylon Plc, as well as senior officials of the BOI, CEA , Pradeshiya Sabha, Divisional Secretariat,  local religious establishments and other guests.

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Mobitel commemorates International Widows Day 2012
23-June-2012

Women play many roles in the lives of any individual, be it as a mother, sister, daughter or wife and should be given the credit and respect they deserve from society. Women face many hardships today in the event of the death of their husband, as the security of the family stands at stake. As Sri Lanka’s National Mobile Service Provider, Mobitel, has come forward to commemorate International Widow’s Day with a series of initiatives to support the livelihood of widows, thereby giving them a form of self employment.

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Response of the Central Bank of Sri Lanka to the Standard and Poor’s Assessment of the Sri Lankan Banking System
21-June-2012

The Central Bank of Sri Lanka notes with grave concern, a statement by Standard and Poor’s, issued yesterday, on  the Sri Lankan Banking System  and wishes to state that the statement is factually incorrect, illogically analysed, and is highly contradictory.

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BreadTalk - where work is a passion
21-June-2012

With over 600 outlets worldwide, BreadTalk is no small organisation, and the Sri Lankan flagship outlet at the Lipton Circus boasts the largest BreadTalk boutique bakery in the World. Specialising in producing the most succulent bread, gourmet desserts and other tasty bakery treats, coupled with BreadTalk’s capacity of production; it is by no means an easy undertaking. Five minutes spent staring into their trademark see-through kitchen brings to light that at BreadTalk, it is not just baking - it’s an art.

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Samsung launches its Flagship GALAXY SIII in Sri Lanka
20-June-2012

Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today announced the launch of the much awaited GALAXY SIII in the Sri Lankan market. Designed for humans and inspired by nature, the GALAXY S III is a smartphone that recognizes your voice, understands your intention, and lets you share a moment instantly and easily.

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Hayleys subsidiary Logiventures launches automotive logistics for Hambantota port
20-June-2012

The Hayleys Group has begun offering comprehensive automotive logistics solutions through its logistics services subsidiary Logiventures, to importers clearing their vehicles at the Magam Ruhunupura Mahinda Rajapaksa Port in Hambantota.

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LEO BURNETT WINS FIRST EVER CANNES LION METAL FOR SRI LANKA
20-June-2012

Leo Burnett Solutions Inc. created history by being the first ever Sri Lankan agency to be recognised at the prestigious Cannes Lions International Festival of Creativity by winning metal in the Best Consumer Engagement category for work done for the Mawbima newspaper, with their national flag concept.

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ADYAPANA 2012 : The most focused entry into the world of education
20-June-2012

ADYAPANA 2012 Sri Lanka’s most focused and career oriented exhibition will be held this year for the seventh consecutive time on the 5th, 6th and 7th of October 2012 and the BMICH. The Batticaloa arm of the exhibition is to be held on the 12th , 13th and 14th of October while the Jaffna exhibition is scheduled to be held 18th , 19th & 20th January 2013.

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Computer Science students from the Sabaragamuwa University meet IT Industry
19-June-2012

SLASSCOM (Sri Lanka Association of Software and Service Companies) facilitated an industrial visit for the final year Computer Science undergraduate students from the University of Sabaragamuwa. This is the first industry visit to the IT industry for students following the BSc degree in Computing and Information Systems degree at the University of Sabaragamuwa.

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HILTON COLOMBO CHEFS WIN FIRST EVER BRONZE FOR SRI LANKA AT THE ASIAN COOKING CONTEST BOCUSE d’O
19-June-2012

Hilton Colombo’s Chef Buddika Samarasekara and Apprentice Chef Rashen John were placed third, winning a bronze medal at the 15th Bocuse d’Or Asian Competition held in Shanghai for the biennial world chef championship - the Bocuse d'Or (the Concours mondial de la cuisine, World Cooking Contest).

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Third Sampath Sandinda  medcial camp highly appreciated
18-June-2012

More than 200 customers participated at the third Sampath Sanhinda medical camp held on 27 May at the Thalawathugoda Sampath branch premises. The participants who were senior citizens from the areas in and around Thalawatugoda, Borella, Rajagiriya, Nugegoda, Homagama were highly appreciative of the service provided at the medical camp.

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Emirates Lounge at BIA Accorded High-Profile Opening
18-June-2012

A pledge of continued support to Sri Lanka’s tourism industry through award-winning air services was one of the highlights of the high profile formal opening of The Emirates Lounge at the Bandaranaike International Airport (BIA), Katunayaka.

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Merchant Bank of Sri Lanka hosts interactive Business awareness in Galle & Kandy as a way forward to all 30 branches Island wide
18-June-2012

A seminar on assisting entrepreneurs on methods of ‘increasing business profitability and investment returns’ was held at the Lighthouse Hotel, Galle on 30th March 2012 hosting 30 participants & Swiss Residence, Kandy on 18th May 2012 with 50 attendees. The programme reflected the urgent need to be better prepared for the challenging business environment and the need to make use of the opportunities available through the various financial advisory avenues on offer.

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SriLankan Airlines to join oneworld alliance
16-June-2012

SriLankan Airlines is to joinoneworld®, adding one of Asia’s fastest growing airlines to the world’s leading quality airline alliance. A seniordelegation from the oneworld®global airline alliance, led by CEOBruce Ashby, is visiting Colombo today as SriLankan Airlines starts its preparations to join the group following its election on board earlier this week.

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Emirates unveils sensational ‘Do More in Dubai’ offer
14-June-2012

Emirates is offering its passengers a chance to ‘Do More in Dubai’ with a sensational offer for children accompanying parents to the airline’s home base till end September. Coinciding with Dubai Summer Surprises (DSS), the offer enables two children under the age of 12 to fly at 50 per cent of the adult fare to Dubai, and up to two children to stay, eat and play in Dubai for free when travelling with two paying adults.

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Dialog Empowers 7.5 Million with Mobile Money Transactions
13-June-2012

Sri Lanka's Mobile Market Leader Dialog Axiata announced the launch of the country's first Mobile money service following being awarded a License under the aegis of the Payments and Settlements Act 28 of 2005 Custodial Banking services for Sri Lanka's pioneering mobile money service will be provided by Hatton National Bank PLC.

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Elephant House soft drinks show across the board sales growth
13-June-2012

Rising sales volumes across the board for Elephant House brands, and particularly significant increases by Elephant House Necto and Elephant House Cream Soda, in combination with a 10% market share of the cola market captured in just over one year by new entrant KIK Cola, have resulted in higher overall sales, in terms of volumes, for the beverage category of Elephant House – a subsidiary of the top Sri Lankan blue chip John Keells Group.

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Atlas & Walt Disney collaboration in Sri Lanka
13-June-2012

Atlas, the market leader for office and school products in Sri Lanka, has tied up with the Walt Disney Company to be the exclusive distributor for Disney in the school & office products market. Atlas is also the exclusive partner in the category for Warner Brothers, Looney Tunes, Marvel Comics, Cartoon Networks and Ben 10 iconic brands.

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Double the Skywards Miles Offer
12-June-2012

Skywards, the frequent flyer programme of Emirates, brings members closer to their dreams by offering double Skywards Miles on First Class and Business Class travel booked in the month of June. The global offer, available across all of Emirates’ 124 destinations, is applicable on flights booked by 30 June for travel before 16 August, 2012. As an additional bonus, the Double Miles offer is open to both new and existing Skywards members who register online at www.skywards.com. With no limit to the amount of Miles earned during the offer period, Skywards members can achieve their desired rewards even faster. Skywards Miles can be redeemed for an extensive range of rewards, including airline tickets, flight upgrades, hotel accommodation, excursions and exclusive shopping.

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Dr. Sarath Amunugama to deliver ‘Lester James Peries Oration 2012’
11-June-2012

Chief Guest and Senior Minister of International Monetary Cooperation Hon. Dr. Sarath Amunugama will deliver the second annual ‘Lester James Peries Oration’ on Tuesday 19 June at the auditorium of the Sri Sambuddhatva Jayanthi Mandhiraya in Colombo 05.

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Fête de la Musique on June 21st 2012 at the BMICH !
11-June-2012

Colombo city’s grandest celebration of “Fête de la Musique” (International Music Day) this year is hosted by the Alliance Francaise de Kotte and takes place on Thursday 21 June from 4.00pm to 10.30pm at the BMICH with free admission.

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CDB launches ‘Sithumina 2012/13’ with brand new jeeps on offer!
08-June-2012

Citizens Development Business Finance PLC (CDB) today launched the second edition of its acclaimed ‘CDB Sithumina 2012/13’. Under this tri-annual draw, not only does one save more … one can also earn more and win more.

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Singer brings Huawei brand within reach to drive the smartphone revolution
08-June-2012

Singer Sri Lanka launched the latest international brand of Android-enabled smart devices on becoming the Exclusive Distributor in Sri Lanka for Huawei’s best-selling range of smartphones, mediapads and mobiles. The launch in techy, youthful style took place at the Park Street Mews with the participation of the mobile operators, Singer’s key dealers and the Media.  Coming on board as Brand Ambassador to promote the brand was the new heartthrob of the TV and film screen, Saranga Disasekara.

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Brandix factory in Bangladesh achieves eco milestone
07-June-2012

Fourteen months after it commenced commercial production, the Brandix Group’s maiden venture in Bangladesh has received an ‘Eco Factory Attribute’ from Marks & Spencer (M&S), becoming the first apparel factory in that country to achieve this status.

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Intel Pledges Support to MoE’s IT Literacy Campaign
07-June-2012

A new lab with 50 Intel classmate PCs for the Mahinda Rajapaksa Vidyalaya in Homagama was declared open by the Minister of Education, Hon. Bandula Gunewardena recently. The lab was facilitated by Intel Sri Lanka, via its World Ahead Programme, under the Ministry of Education’s IT literacy campaign targeting 1,000 local secondary schools around the island.

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Ceylinco Life policyholders on sensational Singapore ‘Savari’
07-June-2012

Around 200 Sri Lankans from all parts of Sri Lanka came together in Singapore recently at a fun-filled four-day family holiday courtesy of Ceylinco Life, the country’s leading life insurer.

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DFCC Launches Brand New Website
06-June-2012

DFCC Bank (DFCC) and DFCC Vardhana Bank (DVB) consolidated and integrated their presence on the information superhighway into one location through the launch of their new website www.dfcc.lk .With a view to delivering seamless banking services through a convenient, easy to navigate portal, the Banking Group hopes to meet the financial needs of the cyber savvy generation.

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Hemas Piyawara opens Community Pre-School in Northern resettled areas
06-June-2012

The 86 pre-school aged children in the village of Ambalnagar saw light at the end of the tunnel as Hemas Holdings recently opened its first Community Pre-School at a cost of Rs. 2.5 million in this Northern village.

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Fonterra announces 2012 Culinary Olympics Team Sponsorship
05-June-2012

Fonterra Brands Sri Lanka demonstrated its commitment to the local foodservice industry earlier this month by announcing its sponsorship of the Sri Lankan 2012 World Culinary Olympics team. More than 300 chefs participated at the event held at Chaaya Tranz, Hikkaduwa.

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PC Pharma Celebrates a Successful Year at their Annual Staff Awards Ceremony
05-June-2012

PC Pharma PLC, the pharmaceuticals arm of PCH Holdings, held its annual staff awards ceremony at the Bentota Beach Hotel recently, celebrating the company’s success in the competitive marketplace.  The event was also an opportunity for the company to recognize and felicitate staff members who had performed exceptionally well during the past year and its long standing employees.

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Sampath Bank rewards loyal E Remitence Customers
05-June-2012

Thirty six lucky winners collected cash awards totaling Rs 1,750,000 in the unique Sampath Cash Wasi promotion held during the month of April among beneficiaries of customers who remitted money via Sampath e-remittance from 1st to 30th April, 2012.

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Ceylinco Life helps improve comforts at Lady Ridgeway Hospital
05-June-2012

Life insurance leader Ceylinco Life has extended its community initiatives to the Lady Ridgeway Children’s Hospital, addressing several needs of this premier medical facility in Colombo. The company recently donated 25 foldable beds, renovated the lighting and electrical system, installed fans and repaired defective sections of the concrete soffit of Ward 1 of the hospital.

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Clarification on Posting of amounts recovered through legal action to individual EPF member accounts
04-June-2012

The Commissioner of Labour takes legal action against the employers who evade the payment of member contributions in respect of their employees. In such instances, Courts sometimes grant permission to such employers to pay the arrears in installments, when such a request is considered appropriate. Such concessionary period may range from 5 to 10 years in some occasions depending on the sums in arrears to be settled. In those instances, the money collected from those employers are credited to the Account of the Commissioner of Labour maintained at the Central Bank until the collection of the entire amount due from the respective employers.

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Kandurata umbrella newest addition now in Nawalapitiya
01-June-2012

Kandurata umbrella pvt ltd has now opened their newest branch in Nawalapitiya. This was ceremonially opened on the First of June by the Hon. Minister Mahindananda Aluthgamage as the chief guest. Kandurata umbrella pvt ltd Chairman Mr.M.T.M Naushad says the higher consumer demand is the main reason for the opening of this new branch.

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“Nostalgie02” – snapshots of France at the Lionel Wendt
30-June-2012

The Alliance Francaise de Kotte presents Nostalgie02’, an exhibition of black and white photographs by Kumar de Silva, at the Harold Peries Gallery of the Lionel Wendt Arts Centre, Colombo this weekend.

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Shaw Wallace Ceylon Ltd being transformed through Innovation and technology
28-June-2012

Shaw Wallace Ceylon Ltd, one of Sri Lanka’s oldest and leading distribution firms is on an ambitious and progressive path towards transforming into an organization built on innovation and technology backed by the parent company Renuka Holdings PLC-Agribusiness and food specialists,.

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University of Cambridge International Examinations conducts first-ever seminar for principals and deputy principals in Sri Lanka
27-June-2012

University of Cambridge International Examinations organised the first Cambridge Leaders’ Seminar in Colombo for principals and deputy principals from all over Sri Lanka.

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Commercial Bank’s IT labs help 15,000 children seek
‘a better tomorrow’

27-June-2012

School children in four more schools have been gifted IT facilities under the flagship CSR activity of the Commercial Bank of Ceylon to improve IT education in Sri Lanka.

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MBSL supports organizations through successful implementation  of IFRS & SLFRS programs
26-June-2012

Merchant Bank of Sri Lanka PLC (MBSL) held a seminar on “Easy ways of implementing International Financial Reporting Standards (IFRS) & Sri Lanka Financial Reporting Standards (SLFRS) for quoted public companies, banks, insurance companies and SME Sector”  at Taj Samudra Hotel - Crystal Room  on Friday, the 15th of June 2012.

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Expo Rail continues to redefine Sri Lankan train travel in style
25-June-2012

Ever since its launch in October 2011, Expo Rail has been on an upward drive redefining rail travel in Sri Lanka. With four destinations in its portfolio – Badulla, Kandy, Trincomalee and Vavuniya – Expo Rail has, in the past eight months, transported a total of over 25,000 passengers across Sri Lanka in its luxury compartments.

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SLMA celebrates its 125th anniversary with ‘Walk for a Healthier Tomorrow’ and International Medical Congress
24-June-2012

The Sri Lanka Medical Association (SLMA), the national professional medical association in Sri Lanka, will celebrate its 125th Anniversary on the July 1st 2012. In celebration, the association will be organizing a Walk and Run for 1500 people on the day, under the tagline ‘Walk for a Healthier Tomorrow.’ The Run will commence at 6:30am at the BMICH in Colombo and will see the participation of over 1500 attendees including doctors and pre-registered participants. The event is being promoted by George Stuart & Company and sponsors include Unilever, Etisalat and Lanka Hospitals.

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Response of Employees’ Provident Fund (EPF) regarding Statement made by Standard and Poors’ on 19th June 2012
21-June-2012

Our attention is drawn to  a statement made by Standard and Poors’ that was issued yesterday, in which they seem to have drawn attention to a possible conflict of interest as a result of the EPF investing in shares of banks.  In this regard, the EPF wishes to state that different departments in the Central Bank deal in exclusive fields of different operations with  high  confidentiality  and  professionalism.

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Mobitel Women’s Basketball team crowned Champions at the Mercantile Knockout Basketball Tournament 2012
21-June-2012

National Mobile Communications Service Provider, Mobitel Women’s Basketball Team became the Champions in the Basketball B Division Tournament after winning the finals against HSBC in the Mercantile Knockout Basketball Tournament 2012, which was held recently at Otters Aquatic Club.

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OMAN AIR TRAINING CENTRE RECOGNISED AMONG THE TOP TEN AUTHORIZED IN MIDDLE EAST
20-June-2012

The Oman Air Training Centre has been awarded a much-coveted place in IATA's Middle East 2012 Top Ten Authorized Training Centre listing for the second continuous year.

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hSenid empowers International HR Conference 2012
20-June-2012

hSenid Business Solutions signed with the Institute of Personnel Management Sri Lanka for another consecutive year as the “Technology Partner” for the International HR Conference - 2012.

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Emirates Carries New Friends For Children
20-June-2012

Emirates’ young globalistas can now enjoy the company of new travel companions with the introduction of a collection of onboard toys set to launch on 25 June 2012.

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Kelani Cables launch pre-packed antenna wire
20-June-2012

Sri Lanka’s number one cable manufacturer, Kelani Cables, recently launched a pre-packed antenna wire manufactured to the Japanese standards. The key reason to launch a product of this nature is to address the common causes that hinder the picture clarity and low quality antenna wires in the market.

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“Sewing Café” demonstrates intricate sewing the Brother way!
19-June-2012

Office Network Pvt. Ltd. The authorized distributor for Brother Office Equipment and Home Sewing Machines in Sri Lanka conducted the ‘Sewing Café” workshop on the 25th and 26th of May 2012 at Park Street Mews, Warehouse 2, Colombo.

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New Zealand - An Emerging Destination for Tertiary Education
19-June-2012

In recent years, the international student population in New Zealand has grown rapidly. New Zealand is now recognised as a world-class provider of international courses for students, offering impressive institutions and a progressive education system. While every university offers core degrees in the arts (the humanities and social sciences, including teacher education), business and the sciences, each also has its own distinctive profile.

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Dipped Products offers high voltage protection with new ‘Linepro®’ glove
19-June-2012

A new range of specialised rubber gloves that provide insulation against electrical voltages of up to 17,000 volts has been developed by Dipped Products PLC (DPL), taking the Hayleys Group’s hand protection specialist into a new high-value product segment in the global market.

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Elephant House revs up Gunner Super-cross 2012
18-June-2012

This year's edition of the high octane, gravel track Gunner Super-cross will be held on Sunday, July 8, 2012, at the Minneriya Army Camp. It features 13 motorcycle and ten motor car categories, with the latter also including truck and jeep events.

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STIRRED OR SHAKEN?
THE CHOICE IS YOURS AT HILTON’S MARTINI BAR

18-June-2012

The Hilton Colombo brings back their highly celebrated Martini Bar to the Thorana Lounge from the 15th of June with 34 sophisticated Martini’s, in line with the festivity for the hotel’s anniversary. The additions to the martini menu, range from vodkatinis to herbal and fruity concussions to coffee to tea martinis as well, sure to tickle the taste buds of any individuals.

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BBDO Lanka Makes the Green Chillies Greener
16-June-2012

The Green Chillies, one of Sri Lanka’s premiere advertising agency events, organized by The Metal Factor together with the IAA & 4A’s took place in Colombo recently. BBDO Lanka showcased its latest innovation – a prototype of Asia’s First Air Cleaning Mechanical Hoarding - at the event.

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World Racing Champions Choice “Motul 300V Ester Core” – introduced in Sri Lanka by Dynamic Motors
14-June-2012

Dynamic Motors – authorized dealer and distributor for Motul Lubricants France announced the launch of “Motul 300V Ester Core” at a ceremony held in Colombo recently.  Motul 300V is a 100% synthetic racing lubricant specially developed for  racing drivers, with two key aspects in mind  -   increase in power and reliability.

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Triumph Inspiration Award 2012:  National Finals
13-June-2012

The TIA National Finals for Sri Lanka was worked off in grand style on the 9th of June 2012 at the Cinnamon Grand Hotel. Eight finalists presented their designs of “Dragons and Butterflies” to a eminent panel of fashion and design experts in Sri Lanka which included Mr. Michael Wijesuriya , Ms. Ramani Fernando, Ms. Natasha Rathnayake, Ms. Nadeekha Liyanage and Ms. Poornima Wijendra in the midst of a renowned audience in the fashion and apparel industry along with the media.

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Seven podium finishes for CEAT racers at Cavalry Supercross
12-June-2012

The CEAT Racing Team continued its strong showing on Sri Lanka’s motor racing circuits, with seven podium finishes in the six races it competed in at the Cavalry Supercross at Pangolla.

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Commercial Bank named ‘Best Sri Lankan Trade Bank 2012’ by Trade Finance
11-June-2012

The Commercial Bank’s status as a leading service provider to the business community has been reiterated by the United Kingdom’s authoritative ‘Trade Finance’ magazine, which has adjudged the Bank the ‘Best Sri Lankan Trade Bank’ for 2012.

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Total LED lighting solutions for the first time in Sri Lanka from Eco Solve (pvt) Ltd
10-June-2012

Eco Solve (pvt) Ltd is the brainchild of its Managing Director Indika Nettasinghe who had a vision of creating a lighting solution that would completely revolutionize today's market. The idea initially was explored in 2006 when Nettasinghe went on a fact finding mission to China's electrical hub in Shenzhen. Commercial lighting using LED's was unheard of during this time.

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Inter - University Enterprise Mobility Development Competition gains momentum for the grand finale
08-June-2012

Motorola Solutions / SLASSCOM sponsored Inter University Enterprise Mobility Development Competition is gaining momentum among the State and Private sector Sri Lankan Universities at  an extremely faster phase declared Anuradha Tennakoon, Motorola Solutions Director /Sri Lanka Country Manager  and a Board Member of SLASSCOM at the  boot camp held at Open University, Nawala  recently.

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Expolanka Freight helps combat pollution with ‘natural air filters’
07-June-2012

Expolanka Holdings PLC through its fully owned subsidiary Expolanka Freight, recently gave World Environment Day a novel twist on Tuesday 05 June 2012 when it distributed ‘natural air filters’ to more than a thousand Sri Lankans in and around Colombo where pollution is highest.

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LEO BURNETT CELEBRATES 13 YEARS OF REACHING FOR THE STARS
07-June-2012

Leo Burnett Solutions Inc. (LBSI) the local office of the global advertising network Leo Burnett Worldwide, celebrated 13 years of creative supremacy in Sri Lanka on the 1st of June. The agency has grown into one of the most acclaimed and awarded ad agencies in the country.

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DMS Electronics and VMware Look Beyond Virtualization
07-June-2012

DMS Electronics (DMSE), one of Sri Lanka’s most experienced and innovative software solution providers, recently hosted a seminar with VMware under the theme of “Beyond Virtualization.” The event focused on the possibilities for advanced virtualization of data centres – including disaster recovery, security and virtualization of business-critical applications – offered to local companies by both DMSE and VMware.

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DFCC Group records strong credit growth and a  37% year on year increase in post tax profits
06-June-2012

The DFCC Group posted a consolidated profit after tax of LKR 2,973 million for the financial year 2011/12. The figure is an increase of 37% over the LKR 2,170 million recorded in the previous year (excluding the exceptional profit relating to the reduction of DFCC’s shareholding in Commercial Bank of Ceylon PLC in 2010/11). For the quarter ended 31 March 2012, the post tax group profit increased by 22% to LKR 769 million.

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Commercial Bank opens service point in Godakawela
06-June-2012

The Commercial Bank of Ceylon has opened its 217th Service Point in Sri Lanka at Godakawela, expanding state-of-the-art banking facilities to this developing area in the Sabaragamuwa Province.

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South Asian Mobile Conference 2012, an important event:
Prof. P. W. Epasinghe

05-June-2012

The South Asian Mobile Conference 2012 is an important event in making the benefits ICT accrue to all, says ICT Agency of Sri Lanka (ICTA) Chairman Professor P. W. Epasinghe.

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Know-how of purposeful use of mobile trend, need of the hour:
ICTA CEO

05-June-2012

The need of the hour is the know-how of purposeful use of the mobile phone phenomenon, says ICT Agency of Sri Lanka (ICTA) CEO Reshan Dewapura. Dewapura said so while addressing the South Asian Mobile Conference 2012 held in Colombo recently (Wednesday 30, May).

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Papyrus marks 10 years of leadership with new logo, plans expansion
05-June-2012

A decade after it commenced business as the sole agent in Sri Lanka for the European heritage fine paper brand Conqueror, Papyrus Papers (Pvt) Ltd., has adopted a vibrant new logo that the company says will be the visual catalyst to a new phase of growth and expansion.

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The “Sihina Niwasa” housing project of SLT Manpower Solutions (Pvt) Ltd
04-June-2012

SLT Manpower Solutions (Pvt) Ltd, a subsidiary of Sri Lanka Telecom PLC  was successful in completing its first house under the “Sihina Niwasa” housing project through its employee welfare society which shall be contributed to employee, Mr. A M Jayasundara at pugoda on the 01st of June 2012 at the auspicious hour. Mr. Nimal Ananda Athukorala, Hon. Ministry secretary of the telecommunication and information technology ministry attended the event as guest of honour.

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For the first time in Sri Lanka, Mobitel Launches Special Broadband Plans – Late Night Internet!
01-June-2012

Mobitel now further consolidates its position as the best value network for Mobile Broadband by introducing special off-peak plans (between 12 midnight and 6 am) for Mobitel post-paid broadband users.

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GLOBAL PARK –A MODEL FOR ECOLOGICAL RESPONSIVENESS
01-June-2012

With more and more companies seeking ways to be more environmentally friendly,businesses globally areapplying green processes to the workplace , to create a healthy environment for employees, reduces unnecessary waste and recognizes the role that businesses play in leading the way for social change.

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