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First mobile money and payment service:
Dialog launches eZ-cash
The country’s first Mobile Money service eZ Cash
was launched by Dialog Axiata, the company which revolutionised the
mobile telephone market. The custodian services for this pioneering
effort will be provided by Hatton National Bank PLC, while the
Trustee will be Deutsche Bank.
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Hush puppies to make its debut in Sri Lanka
The origins of Hush Puppies brand name are
clearly unsophisticated. The name was coined by the brand's first
sales manager, after a snack of deep fried corn fritters called
“hush puppys”. It was popular among American farmers to throw 'hush
puppies' at their barking dogs to quiet them.
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SriLankan ties up with Oneworld
SriLankan Airlines would have additional
opportunities to generate revenue with the airlines teaming up with
the Oneworld airline group which is among the top three airline
alliances in the world. Speaking after signing the agreement in
China during the 68th International Air Transport Association annual
general meeting in Beijing, Chairman SriLankan Airlines, Nishantha
Wickramsinghe said,
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NBEA awards on December 4
Small and medium sector enterprises will exhibit
their potential and boost businesses by taking part in the National
Business Excellence Awards,(NBEA), National Chamber of Commerce
NCCSL) President, Asoka Hettigoda said. He was addressing a ceremony
to launch the NBEA. He said that a large number of SMEs has shown a
keen interest in taking part in the competition and added that a
lenient criteria will be followed in judging their performance.
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'CBL's CSR initiative, an example '
The annual Distributor Convention and Star
Awards Presentation ceremony of Ceylon Biscuits Limited (CBL) was
held recently at the Waters Edge. Secretary, Ministry of Finance,
Dr.P.B. Jayasundera who was the guest of honour said that CBL's
social initiatives were an example to other Corporates.
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CB policy moves bring desired results
Policy moves adopted by the Central Bank (CB)
and the Government from February this year to re-balance the
external sector of the economy are delivering expected results, a CB
monetary policy review released last week stated. It stated that
credit growth curtail and reduction of import demand have helped to
achieve external sector stability.
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