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Sunday, 8 August 2010

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A fleet of vehicles

Following slash on import duty:

Demand for new cars increase

After the slash of import duty the demand for brand new motor cars has increased sharply. However, the prices of second hand cars have not yet changed and a price reduction in second hand cars is expected only after brand new car orders are delivered.

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Valachchenai fishery harbour opens next month

The Valachchenai fishery harbour will begin commercial operations next month, said Asian Development Bank (ADB), Project Manager, Valaichchenai and Cod Bay, Percy Samarasinghe at a media tour to the site last week.

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Ceylinco Shriram to settle investors

Ceylinco Shriram is to settle all their investors, in a repayment plan overseen by the Central Bank of Sri Lanka, and will accordingly pay the full outstanding amount within a stipulated time period.

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