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Sri Lanka gives China debt deal details

Sri Lanka’s Central Bank Governor Nandalal Weerasinghe says the government has shared the terms of a $4.2 billion China debt deal with its other creditors, according to Bloomberg News.

Distilleries to buy HEINEKEN’s Lankan operations; share price gains

Distilleries Company of Sri Lanka PLC (DCSL) announced yesterday (17) it has signed a Sales and Purchase Agreement with HEINEKEN Asia Pacific Ltd. to acquire the latter’s Sri Lankan operations.

Chamber of SMEs commend Rs. 50 B allocation in Budget 2024

It is for the first time that a Rs. 50 billion budgetary allocation has been made for the development of small and medium enterprises, said president of the chamber of SMEs Nawaz Rajabdeen.

World Bank approves $150 million to strengthen financial sector

The World Bank’s Board of Executive Directors today approved $150 million in financing for Sri Lanka to strengthen the resilience of the financial sector.

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Treasury share component in SLT rises to 50.2%from 49.5% following transfer

Although, both CSE indices showed negative or downward trends yesterday, SLT’s 0.7 percent or 13.2 million shares which were held with NSB

People’s Bank honours long-serving staff members

People’s Bank recently paid tribute to its dedicated staff members who have completed 25 years of service at the ‘25 Years of Service award ceremony’

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DFC to invest $553 million on port infrastructure development

The US International Development Finance Corporation (DFC) announced it will invest $553 million in the Colombo West Container Terminal.

Jayantha Dharmadasa receives COVID-19 Resilience Certificate from Singapore

The Prime Minister's Office of Singapore has awarded Dr. Jayantha Dharmadasa, chairman of Nawaloka Holdings and honorary consular general of the Republic of Singapore in Colombo, with a COVID-19 Resilience Certificate.