Economy grows at 6.4 % in 2012
The Sri Lankan economy grew at a robust rate of
6.4 percent in 2012 amidst significant challenges, registering a
strong average growth rate of 7.5 percent for the period 2010-2012.
This growth was supported by a resilient Agriculture sector, which
grew amidst adverse weather conditions, and by sustained Industry
sector growth. Although the tourism and finance sub-sectors grew
rapidly, the Services sector recorded moderate growth due to low
external trade activities in 2012 a release from Central Bank
Economic Research Department said.
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SL’s Economic, tourism boom key for BA’s re-entry
The strong and fast expanding Sri Lankan economy
and increase in British arrivals to Sri Lanka were two key points
for British Airways to add Colombo to their radar after a lapse of
17 years, said Keith Williams, Chief Executive Officer, British
Airways.
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Etisalat brings 4G LTE-FDD technology
Taking another step towards delivery really
really fast mobile internet connectivity, Etisalat Lanka and
Alcatel-Lucent signed a joint agreement at the Mobile World Congress
in Barcelona, Spain, to equip Sri Lanka with 4G LTE-FDD (fourth
generation long-term evolution frequency-division duplexing)
technology.
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