Tag: Government
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U.S DFC approves US$120M in new Loans to improve Sri Lanka economy 
The Embassy of the United States of America announced today that the U.S. International Development Finance Corporation (DFC) Board of Directors has approved $120 million in new loans to grow and support the Sri Lankan economy.
Govt offers special 40-year tax amnesty for Port City investors
Cash strapped Sri Lanka is to provide special 40-year tax amnesty for Chinese-built Colombo Port city to attract potential investors as it has so far failed to attract major foreign direct investments after the much-hyped since its opening for investors nearly one year ago, a senior treasury official said.
Worker remittances to Sri Lanka gain momentum in May
Worker remittances to Sri Lanka recovered in May from April levels, but still stand significantly below what the country received a year ago, Central Bank sources said.
43,000 metric tons of rice to be released to the market from today
The Paddy Marketing Board will start releasing 43,000 metric tons of rice to the market from today.
Chairman of the Paddy Marketing Board Neil de...
Rs. 700 million belonged to LRC embezzled?
Rs. 700 million belonged to the Land Reform Commission (LRC) has been defrauded by former Land Minister S.M. Chandrasena together with the Rajapaksas, sources said.