Chairman of Sri Lanka’s Securities and Exchange Commission of Sri Lanka (SEC), Viraj Dayaratne and the members of the Commission have reportedly commenced a series of meetings with capital market stakeholders.
Sri Lanka’s NDB Investment Bank (NDBIB) has reportedly recorded an approximately Rs 62 billion in fund raisings in 2019.
The Indian High Commission in Colombo has reportedly announced that the Consul General of India, Jaffna has organized the first ever International Tech Summit -NE(X)TWORK-2020 with part funding in Sri Lanka’s Northern Province.
Sri Lanka’s Minister of Small and Medium Business and Enterprise Development and Industries and Supply Chain Management Wimal Weerawansa has reportedly stated that the country’s Palmyrah Development Board (PDB) is looking at financial injection from the next budget to revive the defunct Thickkam Distilleries.
The government of Sri Lanka is reportedly looking at introducing new measures to fast-track Foreign Direct Investments (FDIs) in order to fully realise a US$ 2.5 billion target.