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DFCC Bank’s PAT up 7.6% to Rs. 1,167m in nine months

DFCC Bank’s own non-audited profit after tax for the nine months ended December 31, 2008 (current period) was Rs. 1,167 million, an increase of 7.6 per cent over the corresponding period (April to December 2007), a media release said.

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Bumper rice harvest could bring down consumer prices

The 2008 rice bumper harvest is coming to a close with better-than-expected production that could help ease consumer prices, FAO said in its February Rice Market Monitor.

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Dankotuwa Porcelain to step up exports to India

Dankotuwa Porcelain Limited exports a variety of items in different shapes to 25 countries. Its export market covers 60 per cent of the European countries such as USA, UK and Germany and other countries such as Russia, Poland, Japan, Colombia and the Czech Republic.

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Hatton National Bank (HNB) celebrated 120 years of services to the nation yesterday. The Bank has made arrangements to mark the occasion with the cancellation of a Commemorative Cover, designed for this special day. Here DGM Personnel Banking Networks HNB Chandula Abeywickrema presents a special token to HNB chairman Rienzie Wijetilleke. Picture by Saliya Rupasinghe

Credit Cards are no more a luxury item for the Sri Lankan community. Most of the retailers encourage consumers to use credit cards as a safe payment method. Commercials banks too provide various offers to increase the credit card usage of their customers. However, according to the Central Bank there was a slight decline in the activated credit cards last November compared with the preceding month in Sri Lanka.

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