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Thailand set to expedite FTA negotiations with Sri Lanka
Thailand has determined to accelerate negotiations on a free-trade agreement (FTA) with Sri Lanka, aiming to finish the talks by the beginning of 2024.
Gulf Cooperation Council steps in to strengthen relations with Sri Lanka
The Gulf Cooperation Council (GCC) has sought to strengthen relations between the GCC and Sri Lanka.
New insurance scheme for SL house maids leaving for Middle East
The Foreign Employment Bureau of Sri Lanka will be introducing a new insurance policy for the protection of women leaving to the Middle East region for domestic work, a senior official of the ministry said.
India and SL to ink MOUs on power grid link and Trinco development
India and Sri Lanka are expected to sign MOUs on the Trincomalee development project and much delayed power grid link and Indian assistance for energy and food security as well as currency swap arrangements, during the visit of External Affairs Minister, S. Jaishankar’s visit to Colombo on Thursday 19.
CB’s move to limit banks’ access to standing facility windows backfires
The Central Bank’s new move of restricting the licensed commercial banks from accessing the monetary authority’s standing facility windows which came into effect from this week is set to face obstacles due to foreign bank’s inability to abide by the directive, several GMs of banks said.