Crude oil prices hit 10-month high
Spiralling effect on CCPI
Crude oil prices in the international market rose
to a new 10-month high last week and Bloomberg crude future recorded
$71.85 per barrel on Friday. Crude oil prices reached the highest
record level in August last year surpassing $76 per barrel.
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Tourist arrivals will pick up soon
The tourism industry is confident that in a
couple of months the situation on the war front will change and
tourist arrivals will increase, said Managing Director Aitken Spence
Hotels Management and Immediate Past President Tourist Hotels
Association of Sri Lanka Malin Hapugoda.
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Regional cooperation better to support economies - CB Governor
It is rational and logical to think of a
regional payment system because a country can relate to its
neighbour better than a country far away to bring in stability,
security and economic cooperation, said Governor Central Bank of Sri
Lanka Ajith Nivard Cabraal addressing the SAARC Finance Conference
on 'Towards a Regional Payments Group' organised by the Central Bank
on Friday.
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