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The Central Bank has called for proposals from banks and investment houses to sell up to $ 2 billion in sovereign bonds in 2018, which is in line with plans outlined by the Monetary Authority at the start of the year.

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The Body Shop in Colombo is ringing in the New Year with brand new bath and body formulas to complement three ultimate shower routines. Find and indulge in the products- Tahitian Tiara Body Wash, Balkan Juniper Bath and Shower Gel, and Adriatic Peony Bath and Shower Cream- by visiting The Body Shop’s flagship store at Bagatale Road and at Odel, Alexandra Place.

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There has been a call for an immediate statement from the Central Bank of Sri Lanka on whether there have been any irregularities in the issuing of government securities during the period 2008-2014.

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Oman Ambassador to Sri Lanka Al-Sheikh Jumah Hamdan Al-Shehhi, will be the Special Guest Speaker in “Meet the Ambassador’ program on “Bilateral Trade Between Sri Lanka & Oman ” on Tuesday 30 January 2018 at the National Chamber of Commerce , from 3.00 p.m to 4.30 p.m, No 450 D R Wijewardene Mawatha Colombo 10.

Wednesday, 17 January 2018 07:48

China offers best chance for SL development: CB

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Stronger economic relations with China, underpinned by a pending Free Trade Agreement (FTA), should be given the highest priority by Sri Lanka as it provided the best opportunity to attract trade investments and implement important structural transformations in the economy, Central Bank Governor Dr. Indrajit Coomaraswamy said yesterday.

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Visa, the world’s leader in digital payments, yesterday released spend data for the month of December 2017, indicating a spike in spending across categories in particular, across apparel, food and groceries and home improvement by Sri Lankan consumers during the holiday season.

Tuesday, 16 January 2018 07:39

928 kgs of seized cocaine destroyed

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Confiscated cocaine being liquefied in an aqueous medium at the INSEE Ecocycle pre-processing facility in Katunayake.

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Cai Xiaoru, Forbes listed young billionaire of mainland China, has signed the partnership agreement and committed to invest $ 30 million into SriLankan satellite company SupremeSAT through his Shenzhen listed company Tatwah Smartech.

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The Ministry of Development Strategies and International Trade organised a two-day roundtable investment forum on Sri Lanka with Sovereign Wealth Funds (SWFs) in Colombo under the patronage of Prime Minister Ranil Wickremesinghe.

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The International Monetary Fund has agreed to assist the Sri Lankan Government in amending and formulating monetary law for the country, Deputy Minister of Policy Planning and Economic Development, Dr. Harsha De Silva, revealed yesterday.

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