Migrant workers lead foreign capital inflow
Remittances of migrant workers are close to US $
3 billion or seven percent of the GDP or 36 percent of exports
earnings and it is the second largest foreign exchange earner to Sri
Governor in Jaffna :
CB approves 134 banking centres in NE
The banking sector needs to play a major role in
the economic activities in the Northern and the Eastern provinces.
We need to ensure that the financial infusion takes place in these
provinces. As the Central Bank (CB) we monitor and follow up the
banking activities closely for the smooth functioning of the banking
system, said Governor Central Bank Ajith Nivard Cabraal.
Noritake Lanka opens printing plant
Noritake Lanka Porcelain opened their printing
plant in Matale last week with an investment of Rs. 300 million, a
statement from the company said. This plant is equipped with the
latest machines and technologies used in the printing of design
transfer sheets for the ceramic industry.