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Thursday, 5 August 2010

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Retail industry to flourish

Increase in disposable income:

More shopping complexes to spring up:

The retailing industry is expected to grow by 20 to 25 percent per annum in years to come with Government measures to double per capita income in the country in the future. Richard Pieris Group Director/Chief Operating Officer Pravir Samarasinghe said,

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Haycarb posts Rs 178 m net profit in Q1

Consistent demand for its products, and continued value addition have generated encouraging results for Haycarb in the first quarter of 2010-11.

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Create unique products from tourist attractions - Hemas Chairman

Eighty percent in rural areas:

Sri Lankan tourism industry needs to improve on tourist attraction areas and provide more facilities to compete in the market, a top hotelier said. Eighty percent of the tourist attraction areas are located in rural areas and they can be developed to attract 2.5 million tourists by 2015,

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ODEL founder and CEO Otara Gunewardene was at the Colombo Stock Exchange to witness the debut of trading of ODEL shares.



 
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