The People’s Bank of China approved yesterday a 10 billion Yuan currency swap with Sri Lanka. Sri Lankan Embassy in Beijing said.
Sri Lanka Ambassador to China, Dr. Plalitha Kohona welcomed the arrangement and stated that this is a welcome expression of confidence in Sri Lanka's economy and an encouragement of prospective investors further energising Sri Lanka's economy, the embassy said in a statement.
He appreciated the efforts made by the Central Bank of Sri Lanka and the People’s Bank of China for finalising the formalities remotely.
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.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
Cabinet has approved the appointment of Commodore (retired) M.B.N.A. Premaratne of the Sri Lanka Navy, as the new Commissioner General of Excise.
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