exports

    Sri Lanka Economic Summit to feature session on ‘Resetting the Export Portfolio’ on Day-2
    by |18 November 2021|Verité in the News
    Published on DailyMirror The upcoming Sri Lanka Economic Summit 2021will host a lineup of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’.  Day two of the event will feature a session dedicated to ‘Resetting the Export...
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    Doubling Exports in a Decade: Too Ambitious or Easily Achievable?
    by |25 October 2021|Verité in the News
    Published on The Morning The Export Development Board (EDB) in April 2011 announced that Sri Lanka aims to increase its export earnings to $ 20 billion by the year 2020. This brought good news on the future of foreign reserves...
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    Top Panel Sounds Alarm, Insists it’s Time for Urgent Economic Reforms
    by |16 September 2021|Verité in the News
    Published in the DailyFT Sri Lanka facing one of the worst economic crises in its history Pandemic only exacerbated existing economic weaknesses; roots lie in unsustainable debt, fiscal indiscipline and low rates of growth  To emerge from crisis, comprehensive and...
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    Sri Lanka Inflation: Economic Emergency Causes Prices of Essential Goods to Soar
    by |10 September 2021|Verité in the News
    Published on CGTN Sri Lanka is under a state of emergency with rising costs and fears over the economy. And the President's proposals are igniting controversy. Roel Raymond reports. The price of essential items has increased greatly in Sri Lanka,...
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    විදේශ විනිමය අනුපාතය – Nishan de Mel on Hiru Evening NewsCast
    by |08 September 2021|Interviews & Articles
    Executive Director Nishan de Mel speaks to Hiru Evening News on the Central Bank's valuation of foreign exchange rates and how it could potentially lead to a deepening of the foreign exchange crisis Sri Lanka is facing.
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    Desperately Searching for Dollars: Importers and Import-Intensive Exporters Badly Hit
    by |04 July 2021|Verité in the News
    Published in The Sunday Times Importers continued to fret this week with containers–many of them holding inputs for export manufacturing–held up because dollar-strapped Sri Lankan banks were slow in settling payments with the sellers’ banks abroad. “I bring in raw...
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    Export sector needs better strategies to propel growth
    by |17 February 2020|Verité in the News
    Originally published in - Sunday Observer Sri Lanka needs to work out better strategies in accordance with local and global developments to propel growth without lowering set targets. The country’s export sector in particular is not in sync sufficiently to...
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    NCE applauds methods introduced to promote key export sectors
    by |13 March 2019|Verité in the News
    Taken from DailyNews Photo Courtesy -  DailyNews The National Chamber of Exporters of Sri Lanka (NCE) welcomed the national budget 2019, as it reflects the government policy of pursuing an outward oriented growth strategy to better garner set economic targets....
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    High protection betrays uncompetitiveness of Sri Lankan industry
    by |10 October 2018|Verité in the News
    ECONOMYNEXT - Prohibitive import tariffs that protect domestic industry from competition are an indication of the inefficiency of local companies, Subhashini Abeysinghe, Research Director at think-tank Verité Research said. Higher import taxes signal higher domestic prices compared to import prices,...
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    Sri Lanka needs to generate public support for trade reform
    by |09 October 2018|Verité in the News
    ECONOMYNEXT - Sri Lanka needs to convince the public about the benefits of trade so they could prod politicians to make the reforms to reduce living costs and companies more competitive, panelists at a World Bank forum said. The general...
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