The Hatton National Bank (HNB) of Sri Lanka has reportedly stated that the bank had syndicated Rs. 9.0 billion loan for Western Power Company, which is a unit of publicly trade Aitken Spence Plc.
The Export Development Board (EDB) of Sri Lanka has reportedly set an export earnings target of US$ 17.4 billion by the end of 2018.
The International Monetary Fund (IMF) earlier this week approved the disbursement of a US$ 252 million tranche to Sri Lanka under its programme in the country and has called on the government for continued reforms to boost growth as the country recovers from a balance of payments crisis.
An External Sector performance report of the Central Bank of Sri Lanka has stated that the country’s merchandise export earnings at US$ 1,108 million
A fully-owned subsidiary of Sri Lanka’s Nawaloka Holdings, Nawaloka Air Services, has recently tied up with a prestigious South Korean university to provide aviation related study programmes to Sri Lankan students.