The Colombo Stock Exchange (CSE) of Sri Lanka and the National Stock Exchange of India Limited (NSE) have reportedly entered into an agreement to explore opportunities to work together and co-operate with each other.
The Oxford Business Group (OBG) has reportedly said in its recent Sri Lanka economic update that the efforts to increase domestic and foreign investment in Sri Lanka’s pharmaceuticals industry
The Asian Development Bank’s (ADB) Board of Directors has reportedly approved a US$ 100 million results-based loan as additional financing to assist the Sri Lankan government’s efforts to develop skills to meet labor demands,
The government of Sri Lanka has reportedly said the state owned People’s Bank has agreed to provide US$ 26.1 million of counterpart funds for a US$ 174 million reservoir in Thalpitigala to be built across Uma Oya.
Prime Minister of Sri Lanka Ranil Wickremesinghe has reportedly said that the entry of Bank of China, which isthe world’s fourth largest bank with US$ 2.7 trillion assets, to Sri Lanka is another important step in building a stronger economy.