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Purchase of properties, constructing houses :
Downward interest rates encourage borrowers
The downward trend in interest rates has
encouraged borrowers to purchase properties or construct houses.
This has resulted in a growth in the real estate sector, said Chief
Executive Officer Housing Development Finance Corporation (HDFC)
Suresh Amerasekera.
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Customs to introduce best practices in imports
The Customs Department will introduce the best
practices in imports, warehouse bonding and priority clearing in the
near future by computerizing all procedures which would minimize
manual work and cost, said Director General Customs Sarath
Jayatilake.
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Knowledge Economy Index:
Sri Lanka 82 out of 140 countries - WB Country Director
Sri Lanka’s future in the global knowledge
economy of the twenty-first century depends critically on the
country’s intellectual and human capital. Sri Lanka has been ranked
82 out of 140 countries on the Knowledge Economy Index (KEI), said
Country Director, World Bank for Sri Lanka and the Maldives Naoko
Ishii.
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