BUSINESS

Disinformation on bribe request for BIA expansion project exposed

Details of a disinformation campaign to discredit the government by making allegations of asking a bribe from a Japanese company engaged in the construction work of the Bandaranaike International Airport (BIA) expansion project have been exposed.

SL economy to contract more than 6% with IMF loan stalled

Governor of the Central Bank Dr. Nandalal Weerasinghe says that Sri Lanka’s economy is likely to contract more than 6% in 2022.

Will Indian Rupee replace Sri Lankan Rupee?

The Reserve Bank of India on 11 July, asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency, reported PTI.

Dealers with links to black market dollar trade enter commodity imports

Several dealers with links to black market dollar trading registered with the Trade Ministry under the US$ 1 billion Indian credit line are now active in the import of essential commodities taking advantage of easing restrictions on open account transactions, a Pettah Traders Association’s high ranking member alleged.

SL billionaire Raj Rajaratnam now out of Jail eyes for next big trade

Sri lankan billionaire businessman Raj Rajaratnam who served a jail term of 11 years in the US for insider trading is ready to embark on his next big trade after resuming his business inside the townhouse in Manhattan’s East 50s.

Popular

spot_imgspot_img