The Central Bank of Sri Lanka (CB) has extended until further notice a scheme where Sri Lankans working abroad were provided an incentive of Rs. 10 per US dollar for worker remittances.
The CB in a statement on Monday said this scheme - first announced for the month of December and extended to end January 2022 - has been extended until further notice as it had drawn a good response from workers stationed abroad.
The CB said that banks are also required to sell to the banking regulator, on a weekly basis, 25 per cent of foreign currency held by them on behalf of the public.
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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