In a pioneering move to bolster the small and medium-sized enterprise (SME) sector in Sri Lanka, the apex body of the ICT industry, FITIS, has unveiled the “DigiGo” Digital Playbook for SMEs, State Minister of Technology, Kanaka Herath said.

In a pioneering move to bolster the small and medium-sized enterprise (SME) sector in Sri Lanka, the apex body of the ICT industry, FITIS, has unveiled the “DigiGo” Digital Playbook for SMEs, State Minister of Technology, Kanaka Herath said.

Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal, a step needed to help the bankrupt nation speed up the process of restoring its finances more than a year after it defaulted.

The Association of Government Radiologic Technologists said that X-ray examinations have come to a halt in six hospitals across Sri Lanka.This is due to the shortage of staff needed to conduct X-ray examinations.

Sinopec Energy Lanka (Pvt) Ltd is on its own way to grab the Sri Lanka fuel retail market by adjusting in prices of petrol and diesel sales at their fulfilling stations since its entry in the country in September this year.

Sri Lanka has allocated a total of USD 30,000 – USD 20,000 from the government and USD 10,000 from the Sri Lanka Foreign Employment Bureau - to be used for the welfare of Sri Lankans in Israel in case of any emergencies, an official said.

The Global Sovereign Debt Round table(GSDR), has assured that the work continues toward reaching an agreement in principle with official creditors on specific restructuring terms, for Sri Lanka.

Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including a new type of bond designed to ease repayments in case of future economic pressure, official sources said.

A renewed Trade and Investment Framework Arrangement (TIFA) was signed yesterday between Australia and Sri Lanka.