Sri Lankan Rupee Faces Volatility Against US Dollar

Sri Lankan Rupee Faces Volatility Against US Dollar

The exchange rate of the Sri Lankan Rupee (LKR) against the US Dollar (USD) has remained relatively stable recently, with 1 LKR ≈ 0.000033 USD. Analysis indicates that the volatility over the past 30 days is 0.29%, and potential future exchange rate changes could impact Sri Lanka's exports and foreign investment attractiveness.

Transpacific Freight Surge Strains Firms As Tariffs Shift

Transpacific Freight Surge Strains Firms As Tariffs Shift

Recent changes in China-U.S. trade policies have led to a dramatic increase in trans-Pacific freight volume, causing concerns among surveyed small and medium-sized enterprises. Despite a recovery in the market, container shipping rates continue to rise, and foreseeable policy adjustments pose challenges for the future of the shipping market.

05/30/2025 Logistics
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Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

Los Angeles Port Volume to Drop 10 Amid Trade Policy Changes

The Port of Los Angeles expects a 10% decrease in container throughput in the second half of this year, primarily due to market changes triggered by U.S. tariff policies against several countries. Despite a strong start to the year, the industry is filled with uncertainty about the future and must remain vigilant.

04/09/2025 Logistics
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Norfolk Island Airport Becomes Key Regional Aviation Hub

Norfolk Island Airport Becomes Key Regional Aviation Hub

Norfolk Island International Airport is a medium-sized airport located on Norfolk Island, featuring two asphalt runways that service major routes to Auckland, Brisbane, and Sydney. The airport promotes tourism and investment development while focusing on enhancing service quality. In the future, it aims to become a significant aviation hub in the Pacific.

US Tariff Changes Strain Transport Sector Ahead of August 1

US Tariff Changes Strain Transport Sector Ahead of August 1

The U.S. will implement import tariffs on August 1, facing urgent challenges and uncertainties in the transportation sector. Despite strong economic growth data, anxiety over policy changes complicates future impact assessments. The tariffs may lead to reduced consumer spending and increased unemployment rates. Core inflation is expected to rise to 3.6% by 2025.