Concessional loans for SME sector
The Central Bank (CB) launched a new concessional
credit scheme Saubagya for the Small and Medium Enterprise (SME)
sector last week. Under the scheme SMEs can obtain credit up to
Rs.20 million from any registered commercial bank or registered
specialised bank at 9 percent and 10 percent interest.
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Rs. 3 b Senok wind power project launched in Puttalam
Senok Wind Power will expand its operations
following the commissioning of the first commercial wind power park
in Mampuri Puttalam tomorrow, said Project Director, Senok Wind
Power (Pvt) Ltd., Harin De Costa at the launch of the project in
Colombo on Wednesday.
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Discussions on GSP+ encouraging
The Sri Lankan delegation returning from
Brussels said that discussions with the European Union (EU) on the
extension of the GSP Plus concessions were encouraging but still
needed further dialogue.
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