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SL Imports in Oct. down YoY for 8th month but higher from Sept.
Sri Lanka’s imports in October declined for the eight consecutive month, despite recording an increase, compared to September 2022.
National Investment Fund extends fiscal aid for SOE restructuring
The listing of the National Investment Fund (NIF) on the Colombo and London Stock Exchanges is to help the Government raise US$ 400-500 million, foreign expert economist said.
“AIR QUALITY INDEX DROPPED – THREAT TO NATIONAL SECURITY AND HUMAN SURVIVAL.”
The fog and mist seen these days is not a natural occurrence as the air quality has reached very unhealthy levels in the Northern part of Sri Lanka.
Colombo Port ranked as the highest performing port in South Asia
With the upgrading of the Colombo port as the best port in South Asia and 24th best in the world by UNCTAD, Sri Lankan Government is set to invite Japan once more to acquire the East Container Terminal (ECT) ignoring the mounting public protests, Sri Lanka Port Development Authority top official said.
World Bank VP suggests Sri Lanka to consider crisis as an opportunity for reforms
World Bank Vice President for South Asia Martin Raiser this week underscored the need for urgent action to reverse the deep crisis through long overdue reforms.