Alibaba to invest in SL

Friday, 20 January 2017 - 7:46


E-commerce giant Alibaba has shown its interest to invest in Sri Lanka.

Its Chairman Jack Ma met Finance Minister Ravi Karunanayake at the World Economic Forum in Davos, Switzerland, where they discussed about it.

Alibaba that was founded in 1991 is now earning over 10 billion US dollars annually.

Central Bank approved more than Rs. 60 billion working capital loans to COVID-19 affected businesses
Friday, 10 July 2020 - 23:10

The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th... Read More

Foreign reserves increase to US $ 6.7 billion
Friday, 10 July 2020 - 9:06

The Central Bank states that the country's foreign reserves have recovered in June.Foreign reserves rose to $ 6.7 billion in June from $ 6.49 billion in... Read More

Central Bank clarifies about concessions
Friday, 10 July 2020 - 7:25

The Central Bank of Sri Lanka states that the interest rate reduction has not been given to the borrowers by commercial banks.This was stated by the... Read More