Poultry cartel hits smallholders

A cartel of large scale poultry producers is emerging while smallholders who account over 40 percent of the poultry industry are struggling to survive due to the sharp increase in cost of production, the, All Island poultry Farmers Association said.

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Fixed rate low cost financing from USA

The launch of the International Executive Service Corps (IESC) AmCham partnership for the facilitation of Overseas Private Investment Corporation (OPIC) Financing is scheduled to take place on February 1 at Hilton Colombo. The event will be graced by Charles Conconi,

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Economic Review:

Bleak global economic indicators threaten emerging economies

Despite strong statements issued by leading global institutions such as Fitch, Moody Standard and Poor, the Central Bank has firmly defended their stance that the country’s economy is stable. The Central Bank states that with low inflation, a steady eight percent growth and unemployment at 4 percent,

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Demand for exports from Asia declines- Dr. Parakrama DISSANAYAKE

Though freight rates on the East –West trades increased by about 28% in the first week of January 2012 it is expected to be shortlived with more capacity going on stream, said past Chairman of the Chartered Institute of Logistics and Transport Dr. Parakrama Dissanayake.

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Semondu launched at Old Dutch Hospital

"Refreshing to dine and relax in buildings of a bygone era" Colombo city is regaining its lost glory and is becoming a place for the public to relax and enjoy during the day and night. The heart of the city, Colombo Fort is developing fast with the establishment of high-end shopping complexes,

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