This encouraged foreign investors to sell and take back the investments but Amnesty Bill that was passed yesterday will take the market to a place where it was never reached.
Under some conditions, the import ban on chemical fertilizer to be relaxed.... proposal has already been given to authorities... formal announcement yet to be confirmed...
Sri Lanka's foreign reserves up by 937 million US$ from two transactions.. SDR allocation received by Sri Lanka was equivalent to US dollars 787 million + a sum of US dollars 150 million was received under the swap arrangement with the Bangladesh Bank.
Cement Prices have gone up from LKR 900 to LKR 1,100/- , expected to be increased over 1,400/- by Jan, Gross Profit Ration in Cement industry to be increased by over 200%...await for more updates.