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HDFC targets Rs. 2b for housing loans

The HDFC targets Rs. 2 billion worth of housing loans for this year and planning for an expansion of branches during the next couple of months.

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PMB takes over ABC Credit Card Company

People’s Merchant Bank PLC (PMB) announced that they have singed an agreement to acquire 100% of the ABC Credit card Company.

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First solar powered CDMA payphones launched

Tritel Services Ltd launched the first ever solar powered CDMA public payphones to the Sri Lankan market.

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Women contribute heavily to the development of any economy and the latest ILO report reveals that the current economic crisis in the world is expected to increase the number of unemployed women by up to 22 million this year. The Women’s Chamber of Industry and Commerce (WCIC) organized an exhibition to mark the International Women’s Day which fell yesterday. Here a woman showing her products to customers at the exhibition. Picture by Saliya Rupasinghe

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