Sunday Observer Online


Sunday, 9 June 2013


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Marriage Proposals
Government Gazette
Sri Lankan vendors sell toys on the Galle Face promenade in the heart of Sri Lanka's commercial capital Colombo.Galle Face, stretching along the coast in the financial hub of the city is a popular recreation area. AFP

Opportunities in Israel for skilled labour

This is the best time to strengthen trade, investment and friendly relations between Sri Lanka and Israel because there are many opportunities in diverse sectors that both countries could benefit from, said Sri Lankan Ambassador to Israel, Sarath Wijesinghe.

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Economic summit to assess Lanka's export potential

The 14th annual Sri Lanka Economic Summit to be held from July 9-11 in Colombo will discuss Sri Lanka’s export strategy in one of its sessions. The Government policy framework has targeted to raise the rate of growth in exports to double that of GDP growth, but exports as a percentage of GDP in 2012 was half of what it was in 2000.

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Global remittances rise

The number of migrant workers and their remittances globally have increased sharply over the past 15 years, the Global Forum on Remittances (GFR) held in Thailand recently revealed. It stated that for the majority of developing economies in Asia and the Pacific remittances are the single largest financial inflow,

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Laugfs revenue surpasses Rs. 10 b

Laugfs Gas PLC and its subsidiaries in a Stock Exchange filing of the un-audited financial statements for the fourth quarter ended March 31, 2013, indicated record performance with Group revenue for the year under review reaching Rs. 10.6 billion.

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Expolanka Holdings records 41% growth

Expolanka Group reached an annual turnover of 50 billion for the first time, recording a 41% year-on-year growth propelled by a 64% growth in the Freight and Logistics sector. Expolanka Holdings PLC sustained its consolidated NPAT for the FY 2012/13 at Rs. 1.28 billion,

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Hayleys Fibre posts Rs 30.7 m PBT

Hayleys Fibre PLC, formerly known as Hayleys Exports, a global player in the natural fibre products market, recorded a commendable performance in the financial year 2012/2013. Despite a drop in turnover to Rs. 487 million during the year from Rs. 595 million in the previous financial year,

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