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Last Updated = Fri, May 26, 2017, 12:03 am SL Time

* Sri Lanka tea features prominently at the United Nations in New York

May 25 (CP) New York- A spectacular week long photo exhibition of Ceylon tea including a tea tasting titled "The Story of Ceylon Tea" is currently on display from 22-26 May 2017 at the United Nations in New York, to celebrate 150 years of Ceylon Tea.
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* Sri Lanka Investment Forum held in Beijing

May 24 (CP) Colombo- A successful Sri Lanka - China International Economic Cooperation Forum was held on 17th May, 2017 at Super House International Hotel in Beijing, the Foreign Affairs Ministry said. This was an event where approcimately 250 Chinese businessmen participated...
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* Dialog paves way for 5G with successful Massive MIMO trial

May 24 (CP) Colombo- Sri Lanka's premier connectivity provider, Dialog Axiata, said it has carried out South Asia's first successful trial of next-generation, Massive MIMO (Multiple-Input Multiple-Output) technology.
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* Intex Technologies partners with Softlogic Communications

May 25 (Island) In an effort to become a force to reckon with in the Sri Lankan market, Intex Technologies, a leading Indian mobile handset and consumer durables major, has entered into a strategic partnership with – Softlogic Communications Pvt Ltd
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* Sri Lankan shares rise as foreign investors buy blue chips

May 24 (Reuters) Sri Lankan shares edged up from a one-week low on Wednesday as foreign investors bought shares in blue chips such as John Keells Holdings PLC, with turnover hitting a 5-week high.
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* Graded hotels gain marginally over informal sector in 2016

May 24 (DM) The graded hotel segment has been able to prune the relative growth of the informal and supplementary accommodation sector in 2016 according to Central Bank data,...
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* Google IO Extended confab, powered by Dialog, draws record crowds

May 24 (DN) Google I/O Extended, the largest developer conference organised outside the United States by tech giant Google, was held in Colombo last week.
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* Interview: E-commerce shakes up Sri Lanka’s retail sector, says Takas CEO

May 24 (LBO) Sri Lanka’s online retail sector is booming, which poses a threat to traditional retail stores. Online stores too are battling it out for market share.
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* Investors and Business partners from over 20 countries to take part in 'Sri Lanka Investment Conclave'

May 25 (CP) Colombo- The upcoming Sri Lanka Investment and Business Conclave 2017 ' has seen interest from investors and business partners from over 20 countries, who are looking for opportunities in diverse sectors of the local economy, the organizer of the conclave, Ceylon Chamber of Commerce said in a statement.
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* India, Japan joint venture to set up USD 250 million LNG import terminal in Sri Lanka

May 24 (CP) Colombo- India and Japan in a joint venture plan to set up a USD 250 million LNG import terminal in Sri Lanka. "An agreement has been reached between the governments of India, Sri Lanka and Japan ....
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* Sri Lankan rupee flat; importer demand offsets dollar sales

May 25 (Reuters) The Sri Lankan rupee ended steady on Thursday as importer dollar demand offset selling of the greenback by exporters and state-run banks, traders said.
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* Amana Bank gets capital boost from ICD

May 25 (DN) Amana Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming rights issue.
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* Sri Lankan rupee ends weaker on importer dollar demand

May 24 (Reuters) The Sri Lankan rupee closed lower on Wednesday on higher demand for dollars from importers, but selling of the U.S. currency by state-run banks capped losses, traders said.
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* Sri Lanka workers seek Korean jobs amid currency depreciation

May 24 (ECONOMYNEXT)- In 2016, 6629 Sri Lankans had officially gone to work in South Korea, a country with a stable exchange rate and better monetary policy than Sri Lanka, and 26,000 are in higher paying jobs in the country.
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* ‘Allianz Lanka registers impressive q1 2017’

May 24 (Island) Allianz Lanka continued to maintain its growth momentum across its life and general insurance businesses through Q1 2017.
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