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SLIM-Nielson Peoples Awards – NESCAFÉ

One of the world’s premium coffee brands NESCAFÉ, was voted the number one people’s choice for ‘Hot Beverage Brand of the Year’ at the SLIM-Nielson Peoples Awards 2012.  The awarding ceremony held annually to recognize the brands and personalities that have left a lasting impact on Sri Lankan consumers, the SLIM-Nielsen Peoples Awards is widely [...]

Coca-Cola one of the leaders in the beverage industry, exposed their selves at the SLIM – Neilsen People’s Awards 2012 held recently, by being awarded Winners of the prestigious “Youth Beverage Brand of the Year”. The winners of the SLIM – Neilsen People’s Awards are judged by the consumers themselves.

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Smart computing – Sri Lanka

Making the Sri Lankan enterprises more competitive, IBM today unveiled smarter computing solutions designed to transform the growth. A wide range of workload-optimization hardware solutions, such as IBM Storwize V7000, IBM Starter Kit for Cloud and IBM BladeCenter blade servers were presented at the IBM Smarter Computing Forum. Tailored to the local market needs through [...]

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The Colombo Stock Market fell more than 4.5 percent in early trade on Tuesday, breaking through the psychological 5,000-point barrier, as margin calls mounted and the rupee hit a record low.

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Google’s Motorola bid

Regulators in the US and the EU have approved Google’s $12.5bn (£7.9bn) bid for phone maker Motorola Mobility. The deal would not raise competition issues in the market for operating systems for devices like mobile phones or tablets, stated the European Commission.

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PC House PLC sets the stage

Sri Lanka’s leading ICT and Solutions provider, PC House PLC, posted strong 3rd quarter figures (1st October to 31st December 2011) setting the stage for a grand finale to their financial year. The Group posted a gross profit of Rs. 220 million, an increase of 15 percent from their previous year’s Q3 results, allowing them [...]

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No threat of a ‘hacking’

The National Savings Bank has rejected reports that its online banking system has been hacked. Amal Illesinghe the IT manager of NSB told that there was no truth to claims by certain websites that the bank’s data and transaction information have been affected.

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A premier integrated mobile media company, zMessenger (Pvt) Ltd has partnered with Allianz Insurance for a mobile based communication platform which will enable Allianz Insurance to maintain a high level of individual customer commitment.

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SL Central Bank – SL Rupee

Sri Lanka’s central bank depreciated the rupee currency by another 20 cents on Monday for a second session, with the markets expecting more of the same as the central bank’s rupee defence is running out of steam.

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An increment of the policy rates by 50 basis points owing to increased private sector credit growth that is resulting in a widening trade deficit, decided and stated by the Central Bank’s Monetary Board.

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