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In Business
May 10, 2015 6:44 am gmt |
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1494
Laugfs Gas today announced their Mother’s Day campaign to celebrate mothers and the unparalleled role they play in our lives. Being a strong household brand that is closely connected to the mothers of this country, Laugfs Gas initiated this campaign to honor motherhood in a special way. The campaign,...
In Business
May 10, 2015 5:49 am gmt |
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1424
Canada’s economy shed almost 20,000 jobs in April as a small uptick in full-time work was more than offset by a large drop in part-time jobs. Statistics Canada reported Friday that the unemployment rate stayed steady at 6.8 per cent. The loss of 19,700 jobs was worse than the 5,000 that a conse...
In Business
May 10, 2015 3:19 am gmt |
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1419
The Sri Lanka-Rwanda Business Forum, organized by the Ceylon Chamber of Commerce, will be held on 28 May with the participation of a high powered business delegation from Rwanda. The event, which is organized in association with the Rwanda Private Sector Federation, the High Commission of Rwanda in I...
In Business
May 9, 2015 9:03 am gmt |
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4230
Candy maker Mars Inc., maker of M&Ms and Snickers, is in favor of the plan by U.S. regulators to give more detailed information on how much sugar each products contains. The U.S. Food and Drug Administration is proposing that food companies add a measure of the amount of sugar in every food produ...
In Business
May 9, 2015 6:27 am gmt |
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1329
Online takeaway food service Just Eat has agreed to buy Menulog, an Australian food ordering company. Just Eat is paying 855m Australian dollars ($676m; £437m) for Menulog, and will fund the deal by issuing new shares. Menulog has 1.4 million active consumers registered to its service in Australian a...
In Business
May 9, 2015 4:41 am gmt |
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1437
Japan’s biggest car manufacturer, Toyota, has posted a year-on-year 19% rise in net income for the 12 months to March, beating expectations. The result comes from stronger sales in the US, together with a weaker yen. The firm informed the net income increased from 2.1733 trillion Japanese yen (...
In Business
May 9, 2015 4:34 am gmt |
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1279
Employers in the US created 223,000 new jobs in April, a much larger increase than the month before. At the same time, the US Department of Labor said the unemployment rate dropped to a seven-year low of 5.4%, down from 5.5% in March. Big job gains in the service sector helped to offset weakness in [...
In Business
May 8, 2015 9:21 am gmt |
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1349
According to the data released by the Sri Lanka Tourism Development Authority (SLTDA)Sri Lanka’s tourist arrivals rose 8.5 % in April this year compared to the same period last year. The month recorded 122,217 tourists arriving in the country compared to the 112,631 arrived in April 2014. In th...
In Business
May 8, 2015 8:05 am gmt |
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1337
Jet Airways has launched FAST-TRACK, a premium express cargo service on its domestic network for customers needing urgent shipment of air cargo in a defined time frame. This new offering from Jet Airways Cargo will provide priority access to capacity, later bookings and guaranteed uplift with a money...
In Business
May 8, 2015 7:16 am gmt |
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1269
Sri Lanka Tourism which recorded a 21,000 tourists from Italy last year is targeting a thirty thousand plus visitors said the Minister for Tourism and Sports Navin Dissanakaya in an exclusive interview at Expo 2015. Milano Italy which was branded ‘Positive transformation at work in Sri Lanka...
In Business
May 8, 2015 6:16 am gmt |
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1291
Jet Airways shares on Friday rose nearly 5 per cent to Rs 374.40, a day after the company announced that has collaborated with Air Seychelles to offer code-share flights on each other’s network. At 10:41 am, the Jet Airways stock was trading 4.28 per cent at Rs 372.40, outperforming the broader...
In Business
May 8, 2015 5:24 am gmt |
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1300
The pound gained on the euro, which fell over 1% to a low of 72.73 pence – its lowest since the end of April. If the exit poll is accurate, Mr Cameron will be able to remain as the head of a minority government. The poll suggested Mr Cameron’s Conservatives were on track to get 316 [&hell...
In Business
May 8, 2015 5:15 am gmt |
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1292
China’s monthly trade data has shown exports fell in April from a year ago by 6.2% in yuan terms compared to expectations for a rise of about 1.5%. Imports also fell for the month by 16.1% in yuan terms compared to forecasts for a fall of about 12%. The numbers mean the country’s trade su...
In Business
May 7, 2015 3:27 am gmt |
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1492
The Stock Market, regulations, good governance and new opportunities, will be the key topics that will come under discussion, at a seminar organized by the Ceylon Chamber of Commerce (CCC) on Friday (08) at 3.30 pm at the Chamber. Deputy Director General, Securities and Exchange Commission of Sri Lan...
In Business
May 7, 2015 3:20 am gmt |
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1378
The Federation of Chambers of Commerce in Sri Lanka together with MP Events Lanka (Pvt) Ltd have organized the third Indo-Ceylon Economic Dialogue (ICE 3) to mark the ninth Indian Trade Fair. This forum will be held on May 8, at 10.30 am at the Sri Lanka Exhibition and Convention Centre. The aim is t...
In Business
May 6, 2015 11:49 am gmt |
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1427
The International Monetary Fund raised concern on Wednesday over Sri Lanka’s fiscal deficit in 2015 and the medium term after the new government increased wages and spending. The Fund said the 2015 deficit target of 4.4 percent of gross domestic production (GDP) “will likely be very diffi...
In Business
May 6, 2015 10:13 am gmt |
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1404
Sri Lankan shares rose to a more than two-month high yesterday due to local buying in large-caps, while foreign investors exited from risky assets. The main stock index rose 0.32 percent to 7,202.11, its highest closing level since March 4. It has gained 4.36 percent since the Central Bank cut key ra...
In Business
May 5, 2015 10:51 am gmt |
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1422
HSBC says it will make its decision whether to move its headquarters out of the UK within months rather than years. It has been based in the country since 1993, when it moved here in order to take over High Street giant Midland Bank. “It’s going to take us a few months, not years [to [&he...
In Business
May 5, 2015 8:37 am gmt |
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1282
Lufthansa said rising pension and other costs remained a burden, and that pilots’ strikes had cost it €42m. Lufthansa said the disaster this year at its Germanwings division had no impact on the parent firm’s profits. The crash on 24 March, in which 150 passengers and crew died, had limit...