Eight Sri Lankan business conglomerates have signed agreements to pursue commercial mediation to settle disputes as opposed to always using litigation, a move that will help make the Sri Lankan judicial system more efficient and effective…
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Sri Lanka’s personal income tax hikes have hit economic activity in the first quarter though currency stability helped businesses cut prices, Hemas Holdings, a top consumer goods group said
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In three short years, Sri Lanka had gone from being one of the richest, most developed, upper middle-income countries in the region, to defaulting on its payments and tumbling into debt
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The United States on Wednesday (9) imposed sanctions on Sri Lanka-based businessman Mohamad Irshad Mohamad Haris Nizar, who has been identified as a business associate of a sanctioned al-Qa’eda financial facilitator
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Six key business chambers in Sri Lanka have requested the political parties and groups organizing Tuesday’s protest to cancel the agitation as it will undermine efforts taken to revive the country’s exports and tourism amid a growing public…
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On Thursday (27) night, Musk closed his $44 billion deal to buy the social media service and began cleaning house, with at least four top Twitter executives — including the CEO and chief financial officer — getting fired
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A woman arrested on charges of cheating had lured high profile victims by offering US dollars at below market rates and used blackmail to silence them, investigators said
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igun Wibisana and Sandra Kok, who own the SiTigun cafe on Penang Island in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices to cover rising expenses without driving…
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LONDON - Stock markets and oil prices slumped Monday (25) on growing concern that lockdowns in China aimed at fighting a worsening Covid outbreak could further harm a world economy battling decades-high inflation
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By Ben Hubbard and Hwaida Saad BEIRUT — Built on the ashes of 10 years of war in Syria, an illegal drug industry run by powerful associates and relatives of President Bashar Assad has grown into a multibillion-dollar operation, eclipsing…
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