Export earnings up 36% to $582 million in October - Central Bank

Export earnings increased by 36 per cent to US dollars 582 million in October 2004 outperforming the 5 per cent growth recorded in the corresponding period in 2003. This is the second highest monthly export earnings ever  recorded. Expenditure on imports grew by 14 per cent recording US dollars 715 million in October, 2004 which includes petroleum imports of US$ 97 million. The resulting trade deficit was US dollars 133 million, a media release from the Central Bank said.
Full story

Other Stories

• Aitken Spence to invest $ 7.5 million on two vessels

• Price indices static

• Lanka to attend Gulf Food-Dubai 2005 Trade Fair

• Reggie Candappa awards to recognise creative talents in advertising

• Brandix Lanka invests $10 million on denim plant

• Majority of Lanka IOC shares allotted among Retail and Foreign Investors

• Business in brief

• COLOMBO STOCK EXCHANGE - MARKET STATISTICS

• EXCHANGE RATES & COCONUT PRODUCT PRICES