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Govt to tackle Banks risk of collapse and reform economic stabilization laws
The Sri Lanka Banking sector protection measures from the risk of collapsing and reform of laws relating to the economic stabilization of the country will be presented to the country at the end of December.
Fraudulent Education Centre swindles over Rs.3 billion of 500 Sri Lankans
Another multi billion rupee scandal of unregistered company functioning as an education centre has been unfolded following the complaint made to the Criminal Investigation Department (CID) by the Financial Investigation Unit of the Central Bank recently.
Sri Lanka to promote nautical tourism and luxury cruise ship arrivals
Tourism Ministry is planning to promote nautical tourism and the luxury passenger cruise ship arrivals harnessing the potential in the economic Development of Sri Lanka.
Sri Lanka and South Africa to recalibrate its trade and investment strategy
South African President Cyril Ramaphosa arrived in Sri Lanka for a short visit yesterday (16) after attending the G20 Summit. He met with President Ranil Wickremesinghe at the Katunayake Air Force base for discussions on bilateral issues.
Sri Lanka opts for US$ 1 Bn “debt-for-nature” swap deal
Sri Lanka is in talks for a “debt-for-nature” swap deal of up to US$1 billion in climate-focused finance, a kind of agreement discussed at the United Nations COP27 summit in Egypt, informed Finance Ministry sources revealed.