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Sri Lanka s export earnings amounted to USD 932Mn in December

The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Amid severe impacts of the Covid-19 pandemic, Sri Lanka’s merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the revised forecast of US$ 9.5 billion. Export Development Board (EDB) Chairman Suresh De Mel said; “Amidst the outbreak of COVID-19, a notable rebound of the export sector was recorded from mid – 2020 with the proactive measures introduced by the Government. The growth in exports was not only due to the effective prevention and control of the

Simon Anholt: Is Sri Lanka a good country? - Adaderana Biz English

Simon Anholt: Is Sri Lanka a good country? January, 15, 2021 The Good Country Index measures what each country on earth contributes to the common good of humanity, and what it takes away, relative to its size. This was conceptualized by Simon Anholt. It has got a traction of over 7 million views on ted.com and 5 million on YouTube with Ireland coming out on top in the first edition and Sweden coming up number one in the most recent one. Let’s see what Sri Lanka can pick up, said the host of the Programme Dr Rohantha Athukorala. Simon Anholt will address Sri Lanka on Friday the 15th January at 6.30PM.  The address is presented by Asia Pacific Institute of Information Technology( APIIT), which has been working in partnership with Staffordshire University, UK for over 20 years. The programme is conducted pro bono for Sri Lanka said the Chairman APIIT/ Vice President of Nestle Lanka Bandula Egodage.

COVID and congestion hike freight rates

Recovery of exports during post COVID period from many export-oriented countries such China, India, Pakistan, Thailand, Vietnam, Lines rationalizing services and incurring heavy, unexpected operational costs during COVID and even now due to congestion have led to a sudden increase in freight rates.

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