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Sri Lanka shares at 30-mo high on GDP data, rate cut

Banking shares and diversified firms, led gains, as both sector indices hit record highs, led by conglomerate Aitken Spence & Hatton National Bank. By Shihar Aneez and Ranga Sirilal COLOMBO, Sept 14 (Reuters) – Sri Lanka’s stock market surged to its highest in 2-½ years on Monday after government data showed signs of recovery in Read More

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Sri Lanka Bags Global Best Service Award for Small Destinations from TUI

Sri Lanka’s Aitken Spence Travels and the TUI Service Team in the country were recognized by TUI for overall service performance to its guests during Winter 2008/09 season, by winning the third place globally among small destinations. TUI is the world’s largest integrated tourism group with a commanding presence in virtually all international tourism destinations. Read More

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Hotel Atithi Celebrates First Anniversary

Hotel Atithi, Pondicherry celebrates its first anniversary on 11th September and reveals the strategies for 2010, to expand the short haul feeder markets as well as the important local domestic market, for both the leisure and MICE segments. The Aitken Spence-managed hotel has already achieved a reputation for its exceptional service and cuisine. “Hotel Atithi’s Read More

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Aitken Spence Records Rs 488mn as First Quarter PBT

[COLOMBO, 06.08.09] Aitken Spence PLC released its first quarter financial results to the Colombo Stock Exchange today, reporting Rs 488mn as pre-tax profit, a decline of 19.4% while revenue fell by 20% to Rs 5.06 bn over the previous year. The diversified conglomerate attributed the decline as mainly due to drop in earnings from its Read More

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Heritance Kandalama Partners AFLAC to Uplift School Library in Dambulla

Sri Lanka’s most awarded resort Heritance Kandalama will partner Sri Lankan charity- Association for Lighting a Candle (AFLAC) to provide books and library equipment to Wewalawewa Maha Vidyalaya in Dambulla. The school was chosen by the Ministry of Education from among thirty two schools from nine districts who applied through AFLAC’s network of partners in Read More

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