The Executive Board of the International Monetary Fund (IMF) has reportedly approved the resumption of the US$ 1.5 billion Extended Fund Facility (EFF) and the extension of the programme by one year.
Overseas Realty (Ceylon) PLC has reportedly recorded a group revenue of Rs 2,341 million for the first Quarter ended March 31, 2019, which an increase of 67% over the corresponding period of last year.
Sri Lanka’s Minister of Tourism Development, Wildlife and Christian Religious Affairs, John Amaratunga has stated that Sri Lanka Tourism will soon formulate a US$ 100 million insurance fund to pay compensation to any tourist who suffers injury or death while visiting Sri Lanka.
The Colombo Stock Exchange (CSE) and the London Stock Exchange (LSE) had on Friday signed a Memorandum of Understanding (MoU), aimed at facilitating the dual listing of dollar bonds issued by the Government of Sri Lanka, on both exchanges.
Sri Lanka’s Department of Census and Statistics has reportedly noted that industrial activity in the country had grown 11.8 percent in March 2019 from a month earlier.