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Last Updated = Tue, Feb 20, 2018, 11:01 am SL Time

* DFCC Bank profit after tax up by 34 percent in FY 2017

Feb 20 (CP) Colombo- DFCC Bank continued to demonstrate positive momentum across businesses in 2017 as a rapidly growing commercial bank completing its second year after the amalgamation.
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* Asset sale by associate boosts Cargills December earnings

Feb 20 (DM) Diversified conglomerate Cargills (Ceylon) PLC (CARG) posted a Rs.827 million net profit for the quarter ended December 31, 2017 (3Q18), recording a growth of 30 percent from the corresponding quarter last year, due to the gains from its associate, Cargills Bank, made on the sale of one of its subsidiaries.
[Full Story]

* Significant increase in container handling operations at Colombo Port this year

Transshipments at Colombo Port up by 20.4 percent in January

Feb 19 (CP) Colombo- Cargo handling capacity of the Port of Colombo has increased significantly showing continuous growth in the container handling operations since the fourth quarter of 2017, Sri Lanka Ports Authority (SLPA) said.
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* Doha Bank CEO honored with 'Award of Excellence' by Sri Lanka

Feb 19 (CP) Doha- The government of Sri Lanka has bestowed an 'Award of Excellence' to Doha Bank CEO Dr R Seetharaman during a recently-held cultural program in Doha.
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* Sri Lankan stocks steady in dull trade; political woes weigh

Feb 19 (Reuters) COLOMBO- Sri Lankan shares ended steady on Monday in thin trade amid political uncertainty after both parties in the ruling coalition suffered defeats in a local election earlier this month.
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* NDB joins with United Motors for vehicle leasing package

Feb 20 (Island) NDB Leasing recently entered into an agreement with United Motors Lanka PLC to jointly promote a special leasing package exclusively for Fuso lorry cab and chassis, Tippers, and rosa Buses.
[Full Story]

* Seylan Groupís PAT tops Rs.5Bn

Feb 20 (LBO) Seylan group reported a resilient performance by recording a Profit after tax of Rs.5,004 Million for the year ended 31st December 2017, which is the highest profit reported in its history.
[Full Story]

* Technology is Eating the World: How technology dominates the customer experience and changes industries

Feb 19 (CP) Colombo- In a meeting with the American Chamber of commerce in Sri Lanka recently, Mani Kulasooriya - founder of Sysco LABS, and Ron May, Vice President of eSolutions at Sysco, addressed the audience with a presentation on the way that "Technology is eating the World"
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* Sri Lankan rupee falls on importer dollar demand

Feb 19 (Reuters) COLOMBO- The Sri Lankan rupee edged down on Monday on importer dollar demand, while political uncertainty continued to weigh on investor sentiment, dealers said.
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* Softlogic Holdings to raise over Rs.7 billion

Feb 19 (DN) Softlogic Holdings PLC is to raise over Rs.7 billion for the purpose of restructuring the balance sheet and improving key capital ratios by way of a private placement, rights issue and internal restructuring. said its Chairman, Ashok Pathirage.
[Full Story]

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