The Financial Intelligence Unit (FIU) has taken firm action against two leading casino operators and a major state-owned bank in Sri Lanka for serious failures in complying with anti-money laundering …
RMB holds Installation and Int’l Business Night
Fellowship Sri Lanka Chapter held its Installation and International Business Night recently at Cinnamon Life, Colombo.
South Asia’s textile and apparel universe Intex Sri Lanka returns
South Asia’s textile and apparel universe Intex Sri Lanka returns with its powerful edition yet. Celebrating a decade of innovation, trust and transformation, the 17th edition of Intex Sri Lanka …
South Asia’s textile and apparel universe Intex Sri Lanka returns
South Asia’s textile and apparel universe Intex Sri Lanka returns with its powerful edition yet. Celebrating a decade of innovation, trust and transformation, the 17th edition of Intex Sri Lanka …
Most businesses involving Israelis are Sri Lankan-owned – Authorities
Amidst growing concern of foreigners illegally engaged in businesses in Sri Lanka, majority of businesses involving Israelis are owned by Sri Lankans, authorities revealed. ..
U.S. cuts tariffs on Pakistan, but costs still high
The United States has reduced its tariff rate on Pakistani goods to 19%, slightly lower than rates on regional competitors. India, Bangladesh, Vietnam, and Sri Lanka face U.S. tariffs ranging from 20% …
U.S. cuts tariffs on Pakistan, but costs still high
The United States has reduced its tariff rate on Pakistani goods to 19%, slightly lower than rates on regional competitors. India, Bangladesh, Vietnam, and Sri Lanka face U.S. tariffs ranging from 20% …
Sri Lanka’s Fintrex Finance retains ‘BB(lka)’ Fitch rating
Fitch Ratings has reaffirmed the National Long-Term Rating of Sri Lanka’s Fintrex Finance at ‘BB(lka)’ with a stable outlook. The rating agency also maintained the ‘B+(lka)’ rating on the company’s …
Sri Lanka’s Fintrex Finance retains ‘BB(lka)’ Fitch rating
Fitch Ratings has reaffirmed the National Long-Term Rating of Sri Lanka’s Fintrex Finance at ‘BB(lka)’ with a stable outlook. The rating agency also maintained the ‘B+(lka)’ rating on the company’s …
US tariff relief offers boost, but Pakistan’s high production costs still hamper exports
The United States has lowered its reciprocal tariff rate on Pakistani goods to 19%, compared to the 20–25% imposed on regional competitors such as India, Bangladesh, Vietnam, and Sri Lanka—offering a …