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December 2010 marks highest ever monthly values
Boom in exports, imports
Exports and imports have recorded the highest
ever monthly values in December 2010. Earnings from exports
increased by 34 percent, year-on-year, to US dollars 968 million and
expenditure on imports rose by 30.8 percent to US dollars 1,429
million.
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Caring Hands to serve elders, expatriates
Another first of its kind company has been set
up to serve Sri Lankan expatriates with local interests. Caring
Hands Lanka CEO Lasantha de Silva told Daily News Business that
according to a market survey done by him there are 800,000 Sri
Lankans living abroad with local interests and most of them do not
have a mechanism to attend to their needs in Sri Lanka.
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HNB Assurance in rights issue
HNB Assurance Plc has decided to go for a Rights
Issue of 6.25 million ordinary shares, a Colombo Stock Exchange (CSE)
filing said. HNB Assurance Plc issued 37.5 million shares to public
initially and in addition to that 6.25 million shares through
capitalization of reserves issued earlier with which it amounted to
43.75 million shares.
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