Sri Lanka has renewed a $1.4 billion worth Yuan currency swap with China during the official Beijing visit of President Anura Kumara Disanayake, a joint statement by the both countries said.
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The government has planned a relief package to provide concessions to small and medium-scale enterprises (SMEs) facing difficulties in repaying loans.
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Sri Lanka’s central bank has launched a digital payments promotion campaign in Hambantota, it said in a statement.
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Sri Lanka’s palm oil industry, if strengthened, can save $ 84 million in foreign exchange, and enable smallholders to enter into international value chains through value added palm oil production, AEN Plantations CEO Ruwan Goonewardena disclosed.
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Deputy Minister of Transport and Highways Dr. Prasanna Gunasena alleges that a major racket involving ‘e-tickets’ for up-country trains to Ella is presently taking place.
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