People’s Bank has introduced the Saarabhoomi Loan Scheme to further support the state policy to increase the local manufacture of pesticides, weedicides and fertilisers. The loans will be granted at special concessionary interest rates with a maximum repayment period of up to 10 years for investments and up to 3 years for working capital requirements, the bank said in an announcement.
The criteria for applicants Saarabhoomi Loan benefits are as follows:-
The Saarabhoomi Loan scheme can be obtained from any People’s Bank branch island-wide.
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A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
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