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Last Updated = Sat, May 26, 2018, 12:08 pm SL Time

* John Keells PBT increases by 21 percent to Rs. 27.63 billion for FY 2017/18

May 26 (CP) Colombo- Sri Lanka's blue chip conglomerate John Keells Holdings (JKH) recorded a 21 percent increase in the Group's recurring Profit Before Tax (PBT) to Rs. 27.63 billion for the financial year 2017/18.
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* New Zealand provides assistance to boost Lanka’s dairy, horticulture sectors

May 26 (DM) The Primary Industries Ministry has already started numerous projects under the agriculture sector, specially value-added and export-oriented programmes, to achieve the country’s national objectives. Workshops a
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* Interactive investor forum in UK promoting the real estate market in Sri Lanka

May 25 (CP) Colombo- The High Commission of Sri Lanka in the United Kingdom facilitated an interactive investor forum organized by the Research and Intelligence Unit (RIU) to promote the real estate market in Sri Lanka.
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* Listed hospitals in Sri Lanka will see growth in medium term - Fitch

May 25 (CP) Colombo- The global rating agency, Fitch Ratings said that it expects the balance sheets of Sri Lanka's listed hospitals to improve in the medium term but the increased taxes and price controls may limit the profitability.
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* Sri Lankan shares slip; diversified stocks top drag

May 25 (Reuters) COLOMBO- Sri Lankan shares closed slightly weaker on Friday as investors sold diversified stocks such as John Keells Holdings Plc, while block deals boosted turnover.
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* Cabinet paper to further liberalise lubricant industry in 3 weeks

May 25 (DM) The Petroleum Resources Development Ministry is planning to present a Cabinet paper within the next two to three weeks on the third round of liberalisation of Sri Lanka’s lubricant industry, based on a 2016 budget proposal, Petroleum Resources Development Upali Marasinghe told journalists, this week.
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* CICT adjudged best container terminal in Asia for second successive year

May 26 (Island) The CMPort managed Colombo International Container Terminal (CICT) was adjudged the Best Container Terminal in Asia in the Under 4 million TEUs category at the respected Asian Freight, Logistics and Supply Chain (AFLAS) Awards, bringing pride to Sri Lanka’s Ports sector.
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* Piramal Glass turnover crosses Rs 6.8 billion, PAT Rs. 344 million

May 25 (CP) Colombo- Piramal Glass Ceylon PLC (PGC) completed yet another challenging year with a turnover of Rs. 6,816 million & PAT of Rs.344 million. Whilst the turnover increase was marginal when compared to the previous year, it was the highest ever turnover recorded by the company.
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* Lanka Sathosa secures US assistance

May 25 (CP) Colombo- Sri Lanka's largest state owned retail chain Lanka Sathosa has secured committed support from the United States recording its first foreign assistance to achieve its ambitious goals, Minister of Industry and Commerce Rishad Bathiudeen said.
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* Sri Lankan rupee ends steady; importer dollar demand weighs

May 25 (Reuters) COLOMBO- The Sri Lankan rupee ended steady on Friday with dollar buying by a foreign bank and importers weighing on the local currency, while exporters stayed on the sidelines expecting the rupee to weaken further in line with other emerging market currencies.
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* SINGER to take cutting-edge ASUS notebook range to all parts of Sri Lanka

May 25 (Island) Singer Sri Lanka PLC has been appointed as a consumer notebook distributor and as the exclusive Large Format Retailer (LFR) for ASUS laptops in Sri Lanka. Along with the official announcement of the partnership, a range of cutting-edge ASUS laptops were introduced to the audience at the launch event held in Colombo on Wednesday.
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* Lanka plans becoming benchmark for paperless int’l trade

May 25 (DN) Sri Lanka intends to become a benchmark for an integrated, paperless international trade thereby reduce time and cost currently spent by traders in preparing and submitting information and documents to multiple border regulatory agencies, with the implementation of National Single Window (NSW).
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