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Bangladesh seeks direct shipping connectivity and entering into PTA with Sri Lanka
Bangladesh has expressed willingness on direct shipping connectivity with Sri Lanka and the resumption of negotiations for early conclusion of preferential trade agreement (PTA) between the two countries.
SL Apparel Industry predicts 30 percent decline in orders in Nov-Dec period
Sri Lanka Apparel Exporters Association’s (SLAEA) newly-elected Chairman Indika Liyanahewage noted that the apparel exporters are forecasting around 30 percent decline in orders during the November-December period.
CB to temporally do away with liquid assets requirement for banks
In a desperate move of using monetary tools to ease the liquidity conditions in banks, the Central Bank issued fresh directions allowing them to temporarily do away with the requirement to report the Statutory Liquid Assets Ratio (SLAR) separately for domestic and off-shore banking units and instead allowed reporting the ratio on a consolidated basis,
Sri Lanka to engross with all 47 prefectures of Japan
Sri Lanka is to increase engagement with all 47 prefectural governments in Japan to seek commonalities with Sri Lanka and understand competencies of each prefecture, the Ambassador of Sri Lanka to Japan, Rodney Perera said.
SL Government to bring all transport services under one digital platform
Government will implement a new system bringing all the transport services in this country including trains, buses, school vans and taxi services under one digital level.