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Wednesday, 7 October 2009

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President Mahinda Rajapaksa who opened the new sports complex of Dickwella Vijitha Central College in conversation with some children. Picture by Kamal Jayamanna


Following drop in bank interest rates, inflation:

Peace spurs Colombo Stock Market

The Colombo Stock market became the best performing stock market yesterday as a result of the peaceful conditions prevailing in Sri Lanka, the drop in bank interest rates and rapid drop in inflation. This is due to the proper management and growth of Sri Lanka’s economy, said Prime Minister Ratnasiri Wickramanayaka.

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Education should mould a patriotic citizen - President

President Mahinda Rajapaksa yesterday observed that the strenuous efforts undertaken by the present regime in every sphere were directed at creating a disciplined and cultured generation which could build a united and prosperous future.

 

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Two new cinnamon varieties yielding bumper harvest found

The Cinnamon Research Institute has found two cinnamon varieties which could yield a bumper harvest. The two named Sri Wijaya and Sri Gemunu were developed following research conducted by the Cinnamon Research Institute.

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New laws on pesticide use

New regulations on the use of pesticide will be gazetted this year to ensure the safe use of pesticides, said senior research officer of the Peradeniya Registrar of Pesticides, Sumith Jayakody.

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Market capitalization crosses Rs 1,000 billion

CSE creates history

The market capitalization of the Colombo Stock Exchange (CSE) crossed the Rs. 1 trillion (Rs. 1,000 billion) level creating history in the CSE yesterday. With this outstanding performance, the CSE achieved a top position among the world stock markets while becoming the first in Asia.

 

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