People’s Bank, a trailblazer in Sri Lanka’s banking and financial services sector, proudly marks its 63rd anniversary on 1 July.

To rejuvenate collapsed industries and businesses, the Government has started four new loan schemes to provide a total of Rs. 20,000 million as credit facilities to micro, small and medium scale industries and businesses.

A new chapter in Sri Lankan history is being written as the nation steps into the realm of deep space exploration. In the wake of China’s highly successful Chang'e 6 lunar mission, the visit of Professor Wu Weiren, Chief Designer of China's Lunar Exploration Program, to Sri Lanka, has sparked considerable intrigue and excitement.

International Monetary Fund (IMF) Communications Department Director Julie Kozack on Thursday said overall program performance in Sri Lanka has been strong.

It is a timely decision by the government to establish a new body called Enterprise Sri Lanka, said Shashika de Silva, chairperson of Ceylon Federation of Micro, Small and Medium Enterprises.

The Cabinet of Ministers approved removing the requirement of obtaining import control license for the import of Mung bean, Black Gram, Cowpea, Finger millet, Soy flour and peanut.

The government has decided to establish a fully-powered ambassador for international trade affairs under a provision in the economic transformation bill presently before parliament.

MMAG Holdings Bhd’s wholly-owned subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has entered into a partnership with Supreme Global Holdings (Private) Limited, to collaborate on the aviation sector in Sri Lanka.

Customers allege commercial banks earn undue profits from their US dollar transactions.