Agriculture sector performs well in ’12
Despite adverse weather conditions in the second
half of the year, the Agriculture sector performed better in 2012
than in 2011. Reflecting the expansion in economic activities, the
unemployment rate declined to 4 percent in 2012 from 4.2 percent in
2011 according to Governor Central Bank Ajith Nivard Cabral.
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Over two million visit Divi Neguma Avurudu fairs
The number of people making purchases at the
Divi Neguma Avurudu fairs now being held in 407 main towns
countrywide under the guidance of Economic Development Minister
Basil Rajapaksa is expected to reach three million.
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Fitch affirms Singer Debt at ‘A(lka)’; rates proposed Bonds ‘A’
Fitch Ratings has affirmed retailer Singer (Sri
Lanka) PLC’s (Singer) outstanding senior unsecured redeemable
debentures at National Long-Term ‘A(lka)’. The Outlook is Stable.
Fitch has assigned an ‘A(lka)(EXP)’ expected rating to its upcoming
unsecured redeemable debentures of up to Rs1.5bn.
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