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The Yahapalanaya government launched the Enterprise Sri Lanka loan package as a part of its Vision 2025 strategies, as promised by the government in its election manifesto. [3] The weight of expectations also revolved around the importance on uplifting the spirits of the aspiring entrepreneurs by providing them fair and equal opportunities ...
The Asian Development Bank said Friday that it has approved $200-million concessional loan to debt-stricken Sri Lanka to help stabilize the country’s finance sector following an unprecedented ...
Sri Lanka's president said Wednesday that he is seeking a loan repayment moratorium until 2028 as the debt-ridden county tries to emerge from bankruptcy. President Ranil Wickremesinghe told ...
Sri Lanka’s total debt exceeds $83 billion, of which $41.5 billion is foreign an Sri Lanka's Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis Skip to main ...
People's Bank is a state-owned commercial bank in Sri Lanka. The second largest commercial bank in Sri Lanka. Established on 1 July 1961, it has its head-offices at Sir Chittampalam A. Gardiner Street in Colombo. The bank offer both retail and corporate banking services, with a network of 739 local branches, service centers and has an asset ...
The General Direction No 01 of 2018 as per the Monetary Board of the Central Bank of Sri Lanka under section 44 of the Payment and Settlement Systems Act No 28 of 2005 came into immediate effect as of 25 July 2018 implies to the operations of the Common Electronic Fund Transfer Switch, Lanka Clear (Pvt) Ltd and members of CEFTS. [8]
The International Monetary Fund (IMF) said on Tuesday it had delayed discussions on Sri Lanka's next loan tranche due to the country's political crisis. The IMF has disbursed over $1 billion out ...
9 January 2015 - 9 November 2018 Minister of Labour and Trade Union Relations Johnston Fernando: Sri Lanka Freedom Party: 9 November 2018 - 11 January 2019 Minister of Trade, Consumer Affairs, Co-operative Development and Christian Religious Affairs Daya Gamage: United National Party: 11 January 2019 - 22 November 2019