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Importance of a harmonized grading system for accommodation highlighted Sri Lanka will not be able to entertain 2.5 million tourists by 2016 as claimed by the previous government, according to an industry report, which also called for a harmonized grading system for accommodation.
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?REUTERS: Sri Lankan shares hit a more than one-week high yesterday, surpassing the 7,000-point psychological barrier as hopes of political stability after the August 17 election helped boost sentiment, stockbrokers said.
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The Regional Plantation Companies (RPCs) yesterday said the call for unconditional increase of the daily wage of estate workers to Rs.1,000— a massive 62 percent increase from the present Rs.620—is “inconceivable” given the current predicament the country’s tea industry is in.