In the best interest of the nation, the Central Bank will be taking all to strictly monitor and ensure compliance with all regulations on foreign exchange transactions, including repatriation requirements of export proceeds, conversions, and mandatory sales to the monetary authority.
China has defended the loans it has offered to Sri Lanka following concerns raised by the United States on unproductive development projects funded by China countrywide. .
Sri Lanka's first home-grown fully electric car 'Moksha' was launched today as the most practical solution in the current technology transition phase towards a sustainable, carbon-neutral future.
The Japanese government came forward to help Sri Lanka by providing US$ 1.5 million for essential medicines through UNICEF to meet the urgent needs of the population.
