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Central Bank decides to liquidate five failed finance companies
Five failed finance companies are to be liquidated in accordance with a decision taken by the Monetary Board of the Central Bank of Sri Lanka (Monetary Board)
SL Trade Development Council demands Govt. to protect SMEs
Sri Lanka Trade Development Council (SLTDC) recently demanded immediate action from the Government to protect the small and medium enterprises (SMEs) with a plan to Cabinet paper, warning they would otherwise bring all engaged in the sector to the streets
Sri Lanka confectionery industry suffers 30 percent production drop
Sri Lanka’s confectionary industry has suspended the production of several of its most popular product ranges to prioritise the manufacturing of ready-to-eat items, which is becoming a popular option as the country continues to face severe shortage in gas.
US delegation requests Intl. Banks to provide assistance to procure medicines, essentials
The visiting high-level US diplomatic delegation has assured that they will support by requesting international banks to assist Sri Lanka when issuing Letters of Credit (LC) to obtain medicines and essential commodities, President's Media Unit said.
US President announces $20 million aid to strengthen SL food security
At the G7 Summit today (June 28), President of the United States Joe Biden announced $20 million in additional assistance to strengthen food security in Sri Lanka.