China, Sri Lanka to set up renminbi clearing arrangements

China, Sri Lanka to set up renminbi clearing arrangements

China’s central bank and Sri Lanka’s central bank signed a memorandum of cooperation to establish renminbi (yuan) clearing arrangements in Sri Lanka. The agreement aims to facilitate yuan settlement and payments between the two countries, per a statement from the People’s Bank of China released on January 29, 2026. source http://www.adaderana.lk/news.php?nid=117742

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Former UNP councillor arrested for foreign employment scam using Foreign Minister s letterhead

Former UNP councillor arrested for foreign employment scam using Foreign Minister s letterhead

SLBFE’s Special Investigation Unit arrested a former Yatinuwara Pradeshiya Sabha member from the United National Party for allegedly running a foreign employment racket. He allegedly used the Minister of Foreign Affairs’ letterhead to fraudulently secure employment deals. Reported by AdaDerana RSS on January 28, 2026. source http://www.adaderana.lk/news.php?nid=117741

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