Wayamba Group to open first Export Village
Maize production increases by around 30 mt:
For the first time an export village is to be set
up in Galenbidunuwewa in Anuradhapura by the private company on
October 6. This initiative is being taken by the Wayamba Group which
has already made history by becoming the first company to export
maize.
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Sampath to launch Rs 1.5 b five year debenture
Sampath Bank is launching a five year debenture
worth of rupees 1.5 billion with an option to increase it by a
further rupees one billion if the issue is oversubscribed. The issue
will be opened on October 4, 2012.
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Inflation decelerates further in September 2012
Inflation, as measured by the Colombo Consumers’
Price Index (CCPI)(2006/07=100) computed by the Department of Census
and Statistics, declined to 9.1 percent in September 2012 on a
year-on-year (YoY) basis from 9.5 percent in the previous month,
mainly due to the price decreases in the food category.
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Zam Gems wins ‘King of Gems’ award
National Chamber of Exporters of Sri Lanka has
awarded Zam Gems the gold award for the Precious Stones and
Jewellery Large Category. Dominant and a robust performance have
placed Zam Gems at the pinnacle of Foreign Exchange earners to the
country. Delivering outstanding sales value with a keen eye on
Services and Quality coupled with sheer hard work, has brought these
accolades to this reputed GEM establishment. Zam Gems continued to
dominate the local gem trade with its offer of variety and the
latest trends prevalent in the industry.
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