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CSE completes :
Best year in history
*Becomes second best performing stock
market in world
Colombo Stock Exchange Chairman (CSE) Nihal
Fonseka, said the CSE completed its best year in history in 2009,
overcoming the challenges experienced in 2007 and 2008. The
performance of the CSE during the 2009 made it the second best
performing Stock Market in the world, according to Bloomberg
Newswire.
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Policy plans for 2010:
EPF to run on a banking model
The Central Bank will initiate the
transformation of the framework of Employees’ Provident Fund (EPF)
to a Banking Model under its policy plans for 2010, Central Bank
Governor, Ajith Nivard Cabraal said.
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Stakeholders welcome British move to relax advisory
Stakeholders in the tourism industry welcome the
move to relax the travel advisory by the British Government. The UK
Government relaxed restrictions on travel for British visitors to
Sri Lanka. “We no longer discourage British travellers from visiting
any part of the Eastern Province or Jaffna district,” it said.
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Inland Revenue goes hi-tech
The Inland Revenue Department has met its
targets for last year given by the Finance Ministry by achieving a
target of Rs 277 billion revenue, Department of Inland Revenue
Commissioner General Mahinda Medagoda told the Daily News Business
yesterday.
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