Loan scheme to promote rice flour industry
Manufacturing of rice flour for the bakery
industry will commence within the next two months with financial
support from two state banks under a special development loan scheme
implemented by the Central Bank.
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Corporate plan to be re-assessed, BOI revenue to top $ 1b
The new Board will re-assess the five-year
Corporate Plan of the BOI and make changes to achieve the economic
goals of the country, said the new Chairman of the BOI, Jayampathi
Bandaranayake assuming duties on Wednesday.
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Low interest rates to stay - CB Governor
Central Bank Governor Ajith Nivard Cabraal said
that ‘encouraging’ inflation figures mean he plans to keep the
current stance on interest rates, after policy-makers last month
kept borrowing costs at a five-year low.
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