EXPOLANKA & LIOC
Price of Petrol 92 will be reduced by Rs 40 per liter & Price of Auto Diesel by Rs 15 per liter from 9pm today. The new price of Petrol 92 will be Rs 370 per liter & Auto Diesel Rs 415 per liter. Prices on other petroleum products will remain the same.
Lanka IOC will also reduce its petrol and diesel prices in line with the price reduction of Ceypetco - LIOC- http://adaderana.lk
How falling shipping rates have taken the market by surprise
Rates for shipping containers from Asia to the US are falling towards pre-pandemic levels and may still have further to drop, while long shipping delays are increasingly disappearing from the market, according to analysts.
Margins become thinner when turnover come down.
100bn X 10% = 10bn
10bn X 10% = 1bn