IFC, Union Bank boost for trade
To provide $ 5 million trade-finance facility :
IFC, a member of the World Bank Group, will
provide a $ 5 million trade-finance facility to the Union Bank of
Colombo Limited to help boost international trade opportunities for
the bank and its small-business and corporate-sector clients.
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Reforms to prevent economic sector excesses needed
Reserve Bank of India Governor highlights way
forward:
Central Bank of Sri Lanka has acquired a great
reputation for professionalism, integrity and sense of purpose over
the last 60 years. As Central Banks of emerging economies ,
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Ornamental fish industry targets Rs 1 billion
The ornamental fish industry expects to reach Rs
one billion by end of this year despite difficulties due to the
depreciation of the exchange rate at present. The industry targets
Rs one billion foreign exchange this year. However, the downward
movement in the exchange rate has adversely affected the industry.
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