Sri Lanka’s total export performance for November 2024, encompassing both merchandise and services, reached a value of US$ 1,269.33 million, marking a slight increase of 0.04 per cent compared to the same month in 2023.
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Credit ratings agency Moody’s on Monday raised Sri Lanka’s long-term foreign currency issuer rating to ‘Caa1’ from ‘Ca’ with a stable outlook, after the country’s creditors approved a $12.55 billion debt overhaul last week.
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Adani Power is exploring ways to sell the Bangladesh-bound power, produced at the Godda plant in India’s Jharkhand state, to neighbouring countries such as Sri Lanka.
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Sri Lanka Customs announced a tax revenue of Rs. 4.3 billion from the import of 67,000 tons of rice since 4 December.
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Sri Lanka’s main stock index in the Colombo Stock Exchange has seen more than 35 percent growth and the daily turnover has more than doubled since the presidential election and analysts cites the return of confidence as the key reason.
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Pacific Asia Travel Association (PATA) CEO Noor Ahmad last Friday said Sri Lanka’s tourism sector is charting a path towards prosperity and growth, whilst praising its unique offerings and need for innovation and collaboration.
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Indian Coast Guard Ships Vaibhav and Abhiraj, an Offshore Patrol Vessel and Fast Patrol Vessel are scheduled to visit Colombo from 23-27 December 2024 and Galle from 29 December 2024 to 02 January 2024.
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Sri Lanka Customs has announced that rice imports into the country will not be permitted under any circumstances until the relevant Gazette notification is issued.
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An islandwide operation to inspect vehicles, including buses, will begin today (23).Over 7,000 Traffic Police officers have been assigned for this purpose.
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The authority to borrow and issue debt securities, both domestically and internationally, in local or foreign currency on behalf of the Government of Sri Lanka, has been delegated to the Secretary of the Treasury.
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