The People’s Bank said on Tuesday that its name has been removed from the Chinese Embassy in Sri Lanka blacklist with immediate effect, as informed by the Chinese embassy.
This follow the People’s Bank on Friday January 7 effecting the Letters of Credit payments of US$ 6,873,975 in favour of Quindao Seawin Biotech Group Company Limited pertaining to the importation of organic fertiliser by Ceylon Fertilizer Company Limited and Colombo Commercial Fertilizer (Pvt) Limited.
The enjoining orders issued by the Colombo Commercial High Courts precluding People’s Bank from processing the aforementioned payments were dissolved on January 3, 2022, the bank said in a media release.
The consignment was not accepted by the Agriculture Ministry as its samples had impurities.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
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.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
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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