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Rubber earnings hit US $ 1 billion mark

For the first time revenue generated from rubber based product exports would hit the US $ one billion mark by the end of the year. Last year the forex from this industry was around US $ 975. The main reason for this gain was the increase in production. Spokesman for the Sri Lanka Association of Rubber Producers,

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Fitch Affirms Regional Dev. Bank at ‘BBB+(lka)’/Stable

Fitch Ratings-Colombo/Mumbai/Singapore-23 July 2012: Fitch Ratings Lanka has affirmed Regional Development Bank’s (RDB) National Long-Term rating at ‘BBB+(lka)’. The Outlook is Stable.

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Govt to explore plastic waste to construct road layers

The government in collaboration with the Central Environmental Authority will look at possibilities to construct road layers by converting contaminated plastics into various scientific substances.

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The 16th annual Summer Fair conducted by Sri Lanka Exhibition and Convention Centre (SLECC), now in progress and would conclude on 29. In addition to local stalls several foreign participants too are showcasing their products at this annual event. Here some shoppers are seen making purchases. Picture by Nissanka Wijeratne

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