The Cabinet has approved the signing of a cooperation agreement between Sri Lanka’s Export Development Board (EDB) and the International Finance Corporation (IFC) to support small and medium entrepreneurs (SMEs) in becoming exporters.
The agreement, part of the EDB’s programme to develop new exporters, aims to provide the necessary facilities to help small and medium businesses with export potential transition into exporters.
The agreement has received clearance from the Attorney General and recommendations from the Ministry of Foreign Affairs.
Accordingly, the Cabinet has approved the proposal presented by the President, acting as Minister of Investment Promotion, to proceed with the signing of the agreement.
The Colombo–Kandy main road at Pahala Kadugannawa has been closed indefinitely after a deadly rockfall in the area that left six people dead and four others injured.
The Cyclonic Storm “Ditwah” moved further north from Trincomalee today evening leaving a trail of destruction including more than 90 deaths, over 100 missing and tens of thousands displaced, officials said.
Read this week’s Sunday Times for your interesting articles
A third rescue attempt to save 28 people trapped on the rooftop of a farm building in Vithikuliya, Nikaweratiya, has failed due to the dangerous water surge from the Deduru Oya.
Leave Comments