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Sunday, 7 December 2014

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Quality 2014 - an educational and trade exhibition organised by the Sri Lanka Standards Institute at the BMICH, saw a bevy of schoolchildren picking bargains at the well-displayed trade stalls. The exhibition ends today. Pic: Vipula Amarasinghe

North, a potential agricultural export hub

Fruit and vegetable cultivation in the North has immense potential for a vibrant export market given the fertility of the soil and the skilled workforce, Deputy Provincial Director Department of Agriculture, Jegadees Jehanathan told a seminar on creating awareness on the potential of agriculture for producers and exporters.

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'Sri Lanka will achieve 8 percent growth'

The accelerated development at present has enabled the private sector to contribute more towards the well-being of society. The rapid progress in the country was possible due to proper planning and execution in the backdrop of a stable political and economic front,

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Bank consolidation continues

Further progress was made by banks and finance companies and leasing companies (NBFIs) on the financial sector consolidation process last month, the Central Bank said in a media release. The proposed amalgamation of the Merchant Bank of Sri Lanka PLC, MCSL Financial Services Ltd and MBSL Savings Bank Ltd has reached the final stage of completion.

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SriLankan Airlines seals codeshare deal with JAL

The codeshare agreement with JAL will make it the sixth codeshare to be entered into with a member airline of the oneworld alliance, complementing previously concluded codeshares with Malaysia Airlines, Siberia Airlines (S7), Royal Jordanian, Finnair and Qantas.

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Lanka envinces interest in Renminbi - CB Governor

Sri Lanka has an interest in the Chinese Renminbi, Central Bank (CB) Governor Ajith Nivard Cabraal told Jackie Horne of FinanceAsia. “We've been investing in the renminbi for the past six years and the amount has been increasing.

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