Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has appointed a team to investigate air accidents in Sri Lanka's airspace for the first time.
The US$ 400 million cross-currency SWAP” for four Sri Lanka banks extended by the International Finance Corporation (IFC) of the World Bank is only to trade cash flows in one currency with that of another IFC’s Country Manager for Sri Lanka, Alejandro Alvarez de la Campa disclosed.
The UK Government has launched its new trade preferences scheme in Sri Lanka by holding a series of events in Colombo for the new trade preferences scheme – the Developing Country Trading Scheme (DCTS), which will come into force this year.
Forced by import restrictions and encouraged with the introduction of the Standard Operating Procedure (SOP) for Local Assembly of Vehicles, a Sri Lankan automotive company has stepped in to motor cycle assembly to cater to the present demand.
