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Owners of Chinatown eatery, Hanover business, among eight indicted in alleged conspiracy to launder drug money

The owners of a Chinatown restaurant and a Hanover electronics business are among eight people indicted by a federal grand jury in Boston in connection with a complex money-laundering and money-transmitting conspiracy, officials said.

CSE opens trading with 2 5 per cent gain; turnover exceeds Rs 2 billion

By Hiran H.Senewiratne The CSE opened with a 2.5 per cent gain, surpassing a turnover of over Rs 2 billion yesterday, a day after President Gotabaya Rajapaksa appointed opposition lawmaker Ranil Wickremesinghe as Prime Minister.The appointment of Wickremesinghe, who is seen as a politician who could help the country to face the ongoing economic crisis, […]

Sampath Bank successfully navigates challenging economic environment

Backed by its solid capital base and prudent risk fundamentals, Sampath Bank continues to prove that it is well equipped to navigate the challenging economic environment. Having sufficient capital buffers to absorb significant losses arising by reason of the prevailing stressful economic conditions, the Bank’s well-diversified investment portfolio coupled with its increased vigilance and proactive […]

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