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Improving productivity vital for garment
industry:
No GSP+: not end of world - Cabraal
The non-availability of GSP+ concession from the
European Union (EU) is not going to be the end of the world as Sri
Lanka can face the situation, the Governor of the Central Bank Ajith
Nivard Cabraal said in Colombo last week, while delivering a lecture
to journalists on the GSP+ issue.
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Low interest rates a welcome move
The Business community welcomed the move made by
the government to slash interest rates on loans from State Banks in
a bid to stimulate the economy and encourage more private sector
investments.
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Rubber prices improve
Rubber sector is recovering and auction prices
are picking up, said Director Rubber Research Institute (RRI) Dr.
Ashoka Nugawela. At the September auctions CR-1 grade fetched over
Rs. 300/PerKg he said.
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