Bullish sentiment at CSE

Market analysts said that the exceptional performance in the bourse is mainly due to low interest rates and better performance of companies during the year. The Colombo Stock Exchange (CSE) made history last week when its Market Capitalisation surpassed the Rs. 3 trillion mark for the first time in its history.

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Dollar appreciates, gold hits new low

The drop in gold prices in the global market will last for around six to seven months due to the revival of the US economy and the appreciation of the dollar, said local gold merchants. They said that whenever the value of the dollar rises the demand for gold drops resulting in a slump in prices.Pattakannus (Pvt) Ltd, Chairman S.A. Thiagarajah said ,

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Following Shinzo Abe's visit:

New era in trade relations

Japanese Prime Minister Shinzo Abe wrapped up a successful visit to Sri Lanka last week, marking a new era in the bilateral diplomatic and trade relations between the two maritime nations. Abe, the first Japanese Prime Minister to visit Sri Lanka in 24 years, signed several agreements for cooperation in various fields during his two-day visit.

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Vast opportunities in seaweed cultivation - NARA

Seaweed cultivation is a lucrative new business venture and vast export opportunities are available, said the chairman of the National Aquatic Resources Research and Development Agency (NARA), Dr. S.G. Samarasundara. The first seaweed cultivation project has been extremely successful and its harvesting ratio was 1:10, he said.Dr. Samarasundara said,

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Lanka-Maldives discuss blue ocean concept

Sri Lanka and the Maldives discussed practical strategies to derive the maximum benefit from the evolving concept of blue ocean with proper management of the exploitation of marine resources when the Joint Commission of Sri Lanka and the Maldives met on Wednesday in Colombo.

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NDB launches new suite of credit cards

NDB launched a new suite of credit cards under the premise of ‘Good Life’. The NDB ‘Good Life’ credit cards is available in five categories of Silver, Gold, Platinum, Signature and Infinite. Each category designed with unique benefits and rewards to fulfill diverse lifestyle needs of a widespread clientele.

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