The Central Bank of Sri Lanka has stated that foreign holdings in Sri Lankan rupee bonds grew by Rs. 2.3 billion to Rs. 147.1 billion for the week ended June 26.
Ceylon Motor Traders Association (CMTA), which represents agents of global automakers, has reportedly stated they were planning to draw up a policy document on a future mobility plan for Sri Lanka.
Sri Lanka’s state investment promotions agency, the Board of Investment (BOI) has said that a South Korean investor making labels and hand tags in Sri Lanka is expanding its packaging manufacturing operations.
The US has reportedly expressed willingness to assist Sri Lanka in several aspects including improving Sri Lanka’s rankings in the Ease of Doing Business Index at the 13th Joint Council Meeting (JCM) under the USA-Sri Lanka Trade and Investment Framework Agreement (TIFA).
Expolanka Holdings of Sri Lanka has reportedly diversified its core logistics business in to moving technology products, in addition to its garments shipments.