The document summarizes recent economic news from Sri Lanka. It reports that:
1) The Commercial Bank of Sri Lanka won several awards including "Bank of the Year" and "Strongest Bank in Sri Lanka". It also launched a new foreign currency investment plan.
2) Sri Lanka is attracting strong foreign investment and signed deals worth $1.9 billion despite challenges. The World Bank approved Sri Lanka's request to access low-interest financing.
3) Sri Lanka is seeking $850 million in bridge loans from countries like India and Japan until an IMF program is approved in January. It is also confident of securing China's approval for debt restructuring by the end of December.
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Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
2. CONTENTS
BANKING & FINANCE
ComBank wins Oscar-equivalent ‘Bank of the Year’ award from ‘The Banker’- UK
ComBank named ‘Strongest Bank in Sri Lanka in 2022’ by Asian Banker
ComBank launches maturity-based foreign currency investment plan
ECONOMY, BUSINESS & DEVELOPMENT
FDIs into Sri Lanka stay robust amid challenges
Draft Monetary Law Act gets Cabinet approval
World Bank approves SL’s eligibility to access concessional financing
Sri Lanka seeks USD 850mn loan from India, Japan, Singapore
Sri Lanka confident to onboard China this month for debt restructuring
November’22 tea production marginally up
Changes in S&P SL 20 index
Cabinet approval to teach economics to politicos and bureaucrats
News Snippets
GLOBAL OUTLOOK
“Expansion of renewable energy will happen much faster over the next
five years” – IEA
Covid Pushes China Business Confidence to Lowest in a Decade
EU approves measure to limit natural gas prices in effort to combat energy
crisis
Global News Snippets
Global Economic Indicators
The world in 2023 – Which countries will top economic growth charts?
Research & Development Unit
4. Research & Development Unit
ComBank wins Oscar-equivalent ‘Bank of theYear’ award
from ‘The Banker’- UK
The Commercial Bank of Ceylon was crowned Sri Lanka’s ‘Bank
of the Year’ by the respected ‘The Banker’ magazine of the UK,
the Oscar equivalent of the banking fraternity.
This is the 12th occasion that Commercial Bank has won this coveted
award which is presented in recognition of the Bank’s ability to deliver
returns, gain strategic advantage and serve the market while being
regarded as the industry standard for banking excellence.
‘The Bank of the Year’ title is conferred upon financial institutions
excelling in growth and performance, strategic initiatives, innovation in
technology, new or upgraded products and services, and other
noteworthy achievements in the field.
5. Research & Development Unit
ComBank named ‘Strongest Bank in Sri Lanka in 2022’ by
Asian Banker
The Commercial Bank of Ceylon was proclaimed the
‘Strongest Bank in Sri Lanka’ in 2022 by Asian Banker, a
leading platform in the Banking and Financial Services
industry.
The Bank received this ranking based on the strength of its balance
sheet, following a rigorous quantitative assessment of the financial
performance of banks in the Asia Pacific region.
The evaluation comprised of six crucial indicators weighted by their
relative importance.
These included the scale of the Bank’s assets relative to gross domestic product (GDP), balance sheet
growth of net loans and deposits, risk management of the bank’s operations, profitability and
sustainability, strength and credibility of loans disbursed, and liquidity of assets to meet adverse events
requiring cash outflow.
6. Research & Development Unit
ComBank launches maturity-based foreign currency
investment plan
The Commercial Bank of Ceylon announced the launch of a unique investment plan that enables Sri
Lankans earning foreign currency to save fixed monthly amounts and enjoy attractive interest rates to
build savings of USD 10,000 upwards or the equivalent in three other currencies, in a relatively short
period.
Features
• Investment plans can be opened in USD, EUR, GBP & AUD.
• Investment period, spanning from 3 to 5 years would be at
your choice
(Subject to a minimal agreed monthly deposit).
• You can target an investment of 10,000/-, 25,000/-, 50,000/-,
100,000/- & 250,000/- in aforementioned currencies.
• You will be able to get an instant loan up to a maximum of 75%
of the account balance.
• You can appoint a nominee.
Named ‘Millionaire Investment Plan in Foreign Currency,’ the account is modelled on the Bank’s already
successful ‘Millionaire Investment Plan’ and offers interest rates that are higher than competing
products in the market for tenures of three, four or five years on savings in US Dollars, Euros, Sterling
Pounds and Australian Dollars.
Amounts shown below are the ‘Monthly Deposit’ to be made for a ‘Target Amount’ of
10,000 in USD, EUR, GBP & AUD.
8. Research & Development Unit
FDIs into Sri Lanka stay robust amid challenges
The Board of Investments (BOI) has attracted foreign direct investment (FDI) at record levels
notwithstanding a spate of global and local volatilities with total FDI inflows amounting to
USD713mn in the first nine months of 2022, which is 71% of the 2022 full-year target of USD 1
bn.
Further, as of the first eleven months, BOI has inked a total of 123 agreements to the value of
USD 1.9bn, which consists of USD 1.5bn in new projects and USD 400mn in expansions.
New projects are from countries such as India, Japan, Norway, Hong Kong, the UK, the USA,
and Singapore.
Out of 41 new projects, the majority are for the manufacturing sector including apparel
followed by ICT, Tourism, Infrastructure, Utilities, Services, and Agriculture sectors while most
of the expansions of existing projects are from the manufacturing sector including apparel
followed by logistics, telecommunication, ICT and Agriculture sectors.
Source: BOI – Sri Lanka
9. Research & Development Unit
Draft Monetary Law Act gets Cabinet approval
The Cabinet of Ministers green lighted the draft of the new Monetary Law Act clearing the only
remaining prior action required by the International Monetary Fund (IMF) to unlock its
USD 2.9bn rescue package.
A Bill containing the draft Monetary Law, which will govern the functions of running the
country’s Central Bank was presented to the Cabinet of Ministers for approval.
In November 2022, Central Bank Governor, Dr. Nandalal Weerasinghe said the passage of the
new Monetary Law Act remains the only prior action as part of the broader reform package
agreed with the IMF under the staff deal which was entered into in early September.
The new Monetary Law Act will strengthen Central Bank’s independence, which is paramount to
prevent fiscal dominance over monetary policy. It will enable the Central Bank to deliver on price
stability, one of its two key mandates.
10. World Bank approves SL’s eligibility to access concessional
financing
Research & Development Unit
The World Bank has approved Sri Lanka’s
request to access concessional financing
from the International Development
Association (IDA).
Source: World Bank
According to the agency, this type of financing, which is offered at low interest rates,
will enable the country to implement its government-led reform program to stabilize
the economy and protect the livelihood of millions of people facing poverty
and hunger.
Read more : https://www.worldbank.org/en/news/press-release/2022/12/05/world-bank-approves-sri-lanka-s-eligibility-to-access-concessional-financing-to-help-stabilize-the-economy
11. Sri Lanka seeks USD 850mn loan from India, Japan,
Singapore
Research & Development Unit
Sri Lanka is seeking funds from India,
Japan, Singapore or some other donor
agency totalling USD 850mn as bridging
finance until the proposed IMF facility is
approved in the New Year, Finance
Ministry sources disclosed.
Talks are underway with these parties to get funds for a short period of six months.
12. Research & Development Unit
Sri Lanka confident to onboard China this month for debt
restructuring
Sri Lanka, by end of this month, is hoping to get China’s approval for debt restructuring, Dr. Nandalal
Weerasinghe, Governor Central Bank told in an economic forum.
Speaking at the Sri Lanka Economic Summit 2022 by the Ceylon Chamber of Commerce themed
‘Resetting from Turmoil to Opportunity’, he said that if China gives its assurance in December, Sri Lanka
expects to receive the International Monetary Fund (IMF) Board’s approval for financial assistance by
next month (Jan-2023).
But the priority is to get a compromise with Sri Lanka’s creditors on their support for debt restructuring.
“We are currently engaged in obtaining their assurances. We have seen considerable progress in this
regard. ” Dr. Weerasinghe said.
Discussions with China on debt restructuring were delayed due to the 20th National Congress of the Chinese
Communist Party (16-22 Oct ‘22), he said noting that these talks will be expedited, now that the congress has
ended.
13. November’22 tea production marginally up
Research & Development Unit
Sri Lanka’s tea production for the month
of November saw a marginal
improvement, as the total output grew
marginally by 1.2% when compared with
the November 2021 quantities.
According to the data released by the Sri
Lanka Tea Board, the November 2022
tea production totaled 20.24Mn Kgs,
which is a 0.24Mn Kg increase from the
November 2021 output.
The analysis showed that the High and Low Grown elevations had shown some gain,
while the Medium Growns had recorded a decline over the corresponding month of
2021
Source: Sri Lanka Tea Board
14. Changes in S&P SL 20 index
Research & Development Unit
The Colombo Stock Exchange (CSE)
announced changes in the S&P Sri
Lanka 20 index constituents made
by S&P Dow Jones Indices at the
2022 year-end rebalance.
Exclusions Inclusions
Dialog Axiata PLC Browns Investments PLC
Hela Apparel Holdings PLC Brown & Co. PLC
Hemas Holdings PLC CIC Holdings PLC
LB Finance PLC Richard Pieris & Co. PLC
The exclusions and inclusions, as announced by S&P Dow Jones Indices,
are effective from December 19, 2022 (after the market close of
December 16, 2022).
Source: CSE
15. Cabinet approval to teach economics to politicos and
bureaucrats
Research & Development Unit
The Cabinet nod has been granted to establish ‘Sri Lanka Institution of Economics and Trade
Institute’ to educate policymakers and public officials on economic and trade activities in order
to avert another economic crisis fueled by fiscal instability.
Although, the Fiscal Management Responsibility Act (FMRA) came into effect in 2003,
successive governments failed to comply with the key fiscal rules while amending the Act three
times after failing to meet fiscal rules.
As parliament has full control over public finances, it is essential for policymakers and public
officers to get training on economic and trade activities so that entering into decisions with
understanding is possible when formulating national policies and implementing them.
16. News Snippets
Research & Development Unit
Govt. plans to restart suspended Japanese-funded LRT
project
In an effort to mend fences with Japan, the Sri Lanka
government plans to resume the Japan International
Cooperation Agency (JICA)-funded USD 2.2bn ‘Light Rail
Transit (LRT) project, stretching from Malabe to Colombo Fort
Presidential Secretariat sources divulged.
The new administration is set to renew the LRT project
contract with JICA loan facility due to its favourable conditions
including low interest rates and the grace period of 12 years.
Numbers fall in tourism; 2022 target unlikely
Sri Lankan hoteliers are struggling to sell their
rooms as the industry is back to seeking out
moratoriums and Sri Lanka is destined to miss
the 800,000 arrivals expectation for this year.
“We expected to achieve much more but
unfortunately things didn’t happen the way we
expected,” Hoteliers Association President told.
IMF to engage with CB on macroeconomic modeling.
A technical team from the International Monetary Fund (IMF) will be visiting Colombo shortly to work with the
Central Bank on macroeconomic modeling and forecasting relating to Sri Lanka’s economic program supported by
them, the IMF sources said. In this context, a special meeting was convened at the Central Bank by the IMF Country
Representative with a group of journalists to seek their inputs on the most effective way to communicate complex
economic policy-making issues.
18. “Expansion of renewable energy will happen much faster
over the next five years” – IEA
Research & Development Unit
The International Energy Agency (IEA) said that the expansion
of renewable energy will happen at a much faster rate over the next five
years than was thought likely a year ago, and that Russia’s war in Ukraine
marks a “turning point” for the transition to clean energy in Europe.
It forecast that renewable as a whole will overtake coal in 2025 to become
the biggest source of the world’s electricity generation. Half of the new
renewable capacity will be in China.
Source: Economist
19. Covid Pushes China Business Confidence to Lowest in a
Decade
China’s business confidence dropped to
its lowest in nearly a decade, a recent
survey showed, pointing to the impact of
rapidly rising Covid-19 cases on the
country’s economic activity.
The index dropped from 51.8 in
November to 48.1 in December,
according to a survey of sales managers
at over 2,300 companies, conducted
between December 1 and 16 2022.
This was the lowest level since the
survey began in 2013.
Research & Development Unit
Source: CNBC
COVID Statistics - China
China relaxed certain COVID restrictions in early December only to witness a surge in infections.
(Recent reports revealed on 18th Sunday that fever clinics in Beijing city saw 22,000 visits – up 16
times from a week ago .)
20. EU approves measure to limit natural gas prices in effort
to combat energy crisis
Research & Development Unit
European Union energy ministers agreed to a
“dynamic” cap on natural gas prices after
two months of intense negotiations.
Introducing a limit on gas prices has proved
controversial for European officials. While
many EU member states have argued that
the measure is essential to bring down sky-
high energy costs for consumers, others have
worried about the potential market
implications of the policy. Source: Yahoo finance, Bloomberg-Economics
21. Global News Snippets
Research & Development Unit
The Bank of Japan slightly loosened the shackles on its 10-year yield target and said it will review the operation of
its *yield-curve control policy, surprising financial markets and sending the yen sharply higher. (* Yield curve control
(YCC) involves targeting a longer-term interest rate by a central bank, then buying or selling as many bonds as
necessary to hit that rate target.)
Source: Economist, Fed Reserve, ECB
The Federal Reserve raised its benchmark interest rate by half a percentage point (0.50%) on 14 Dec, taking it to a
target range of 4.25% to 4.5%. The half-point increase follows four consecutive rises of three-quarters of a
percentage point (0.75%). The central bank has eased the pace of tightening as it balances the need to tame soaring
consumer prices with ensuring that the economy is not plunged into a recession.
The European Central Bank and the Bank of England also raised their key rates by half a percentage point (0.50%)
on 15 Dec and outlined plans to shrink their bloated balance sheets in future, hoping that higher borrowing costs
will finally arrest runaway inflation.
Oil prices were little changed on Wednesday (21) as a larger-than-expected draw in U.S. crude stocks
offset worries about rising COVID-19 cases in top oil importer China. Brent crude futures rose 8 cents
from the previous day, or 0.1%, to USD 80.07 per barrel on Wednesday (21).
22. Global Economic Indicators
Research & Development Unit
Country/
Region
Quarterly GDP
%
(YoY)
Inflation (%) Unemployment
(%)
Interest rates %
(% change from last year) –
10Y govt. bond
Exchange rate-Per USD
(year on year change %)
USA 1.9 (Q3) 7.1 (Nov) 3.7 (Nov) 3.6 (+2.13) -
China 3.9 (Q3) 1.6 (Nov) 5.7 (Nov) *2.7 (+0.03) 6.94 (-8.3)
Japan 1.5 (Q3) 3.8 (Oct) 2.6 (Oct) 0.0 (-0.08) 135 (-15.7)
UK 2.4 (Q3) 10.7 (Nov) 3.7 (Oct) 3.4 (+2.60) 0.81 (-6.3)
Canada 3.9 (Q3) 6.9 (Oct) 5.1 (Nov) 2.9 (+1.45) 1.36 (-5.3)
India 6.3 (Q3) 5.9 (Nov) 8.0 (Nov) 7.3 (+9.20) 82.5 (-8.0)
EU 2.3 (Q3) 10.0 (Nov) 6.5 (Oct) 2.0 (+2.30) 0.94 (-5.6)
Turkey 3.9 (Q3) 84.4 (Nov) 9.9 (Oct) 10.9 (-9.43) 18.6 (-22.8)
Argentina 6.9 (Q2) 88.0 (Oct) 6.9 (Jun) n/a 172 (-40.9)
Source: Economist
* 5 Year govt. bond
23. The world in 2023 – Which countries will top economic
growth charts?
Research & Development Unit
Source: EIU
Guyana will be the world’s fastest growing economy in 2023, expanding by 30%, as it steps up oil
and gas development to cash in on buoyant markets .
Libya (15%) comes second: it, too, will benefit from rising oil revenue if political stability is
restored.
Venezuela (9.3%) is a surprising number three. After years of depression, it is showing signs of a
tepid revival.
Anguilla (9.2%), Maldives (8.5%) and Samoa (7.5%) will prosper from a rebound in tourism as
covid subsides.
Others in the top ten include Rwanda (7.1%), Ivory Coast (7.0%) and Senegal (7.0%), the first
helped by infrastructure development and the latter two by rising output.
Vietnam (7.0%), a whizz at labor-intensive manufacturing, is a perennial top ten performer.
24. The views expressed in Economic Capsule are not necessarily those of the Management of Commercial Bank of Ceylon PLC
The information contained in this presentation has been drawn from sources that we believe to be reliable. However, while we have taken reasonable care to maintain
accuracy/completeness of the information, it should be noted that Commercial Bank of Ceylon PLC and/or its employees should not be held responsible, for providing the
information or for losses or damages, financial or otherwise, suffered in consequence of using such information for whatever purpose.
< Research & Development Unit >
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