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Policy rates remain unchanged

The Central Bank decided to keep the policy rates unchanged despite the increase in inflation. Inflation, as measured by the year-on-year change in the Colombo Consumers’ Price Index (base=2002),

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GSK invests Rs 200m in new plant

To supply 1.8 billion Panadols:

The GlaxoSmithKline Consumer Healthcare - Sri Lanka (GSK) marked a milestone investing Rs 200 million for a local Panadol production plant in Moratuwa yesterday.

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Floods cause slight inflation increase

Policy rates remain unchanged:

Inflation, as measured by the year-on-year change in the Colombo Consumers’ Price Index (base=2002), which remained between five to seven percent during the period since July 2010, increased to 7.8 percent in February 2011.

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GSK Consumer Healthcare Managing Director Sachi Thomas and Health Minister Maithripala Sirisena laying the foundation stone for a new local Panadol production plant of Rs 200 million in Moratuwa yesterday. Picture by Lalith Gamage

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