Low-interest loan scheme for businesses begins today

Wednesday, 01 July 2020 - 9:00

Low-interest+loan+scheme+for+businesses+begins+today
A low-interest loan scheme begins today (01) to help revive the businesses that collapsed due to the coronavirus pandemic.

In this scheme, an 80 per cent bank guarantee for small loans and a 50 pc bank guarantee for big loans will be on offer.

The Central Bank says the interest will be as low as four pc.


Global temperatures could rise by 1.5°C in next 5 years
Thursday, 09 July 2020 - 13:02

The World Meteorological Organisation says there's a growing chance that global temperatures will break the 1.5C threshold over the next five years, compared... Read More

Indian arrested over overseas job racket
Thursday, 09 July 2020 - 13:09

A 32-year-old Indian man has been arrested in connection with an overseas employment racket.Officials of the Colombo Fraud Bureau made the arrest at Bambalapitiya... Read More

England & West Indies players take a knee
Thursday, 09 July 2020 - 12:54

England and West Indies players all took a knee in support of the Black Lives Matter movement before the first Test in Southampton, the BBC reports.Match... Read More