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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