In the backdrop of declining volumes, tea prices are on the rise sharply with July establishing record National Sales Averages both in rupee and dollar terms.
While there is an ever-so-slight uptick in economic perceptions, despite the state of the State, the big picture is that Sri Lanka’s economic prospects continue to be viewed with anxiousness by the business community, says leading business magazine LMD, in its August edition.
Sri Lanka has granted permission to the Chinese built-Pakistani guided missile frigate PNS Taimur to make a port call at Colombo while on its way to join the Pakistan Navy in Karachi.
Colombo Port City Special Economic Zone has been promoted among commonwealth countries attracting potential investors by creating awareness on facilities and incentives of this special zone located in a strategic position in the Indian ocean.
UNFPA, the United Nations sexual and reproductive health agency, has launched an appeal for US$10.7 million to deliver lifesaving healthcare to more than 2 million women and girls in Sri Lanka in the next six months.