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Thursday, 6 January 2011

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Exchange controls to relax further

The Central Bank will implement measures to further relax foreign exchange controls. These implementations will smoothen the progress of increased levels of reserves and will facilitate stability of the external sector in the long-term, Central Bank Governor Ajith Nivard Cabraal said.

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HVA Foods Limited in Rs 319 million IPO

The HVA Foods Limited will make Sri Lanka a one-stop-shop (OSS) for tea-based products and will have a worldwide distribution, HVA Foods Limited Chairman, Rohan Fernando said at a press conference yesterday.

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Laugfs imports metal cutting gas

Partnership with Bharat Petroleum:

The Sri Lankan metal cutting gas industry is a sizeable market which can make further cost effective and safe than current acetylene mixed with oxygen used for metal cutting.

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Laugfs Holdings Limited Chairman W K H Wegapitiya shakes hands with Bharat Petroleum Corporation Limited of India Director (LPG) R L Gupta after signing the agreement. Bharat Petroleum Corporation Limited Marketing Director S Radhakrishnan and General Manager South, K Chandi look on.



 
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