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Central Bank continues its dollar buying spree amidst IMF deal
Sri Lanka’s Central Bank continues its unending aggressive” dollar buying spree has prevented sharp appreciation of the rupee, dealers say, as the rupee is under upward pressure amid negative credit and the lifting of a surrender rule.
UK DCTS provides more benefits for Sri Lanka’s export sector
The new scheme Developing Countries Trading Scheme of UK (DCTS) has been designed to grow free and fair trade with 65 countries, including Sri Lanka.
Korea supports to boost vocational training and education in Sri Lanka
South Korea has agreed to provide assistance to enhance vocational training opportunities in Sri Lanka.
Colombo Port City permits seven banks to operate and complete of 64 plots.
The Colombo Port City Economic Commission (CPCEC) has achieved much progress thus far of Sri Lanka’s most ambitious venture including licences issued for seven banks to set up shop and technical certificates of completion of 64 of the 74 plots.
Sri Lanka to regain Japanese investments for innovative projects
In the wake of Sri Lanka President Ranil Wickremesinghe’s attempts to restart Japan-funded projects including the light rail transit project cancelled by the previous administration,