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Action-packed…at the Peacock

No doubt, music lovers must be waiting impatiently to know what really happened on the night of Friday, December 2nd, at the Peacock, Berjaya Hotel, Mount Lavinia. Yes, it was a full house and the heavy rain, experienced that particular evening, didn’t prove a damper to all those who made it to the Peacock to […] ....

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Repatriation of export earnings

By Neville Ladduwahetty The headlines in the front page of the Daily News of December 7, 2022 states: “GOVT. WILL FORMULATE LAWS TO REPATRIATE USD 53 BILLION”. Quoting Minister Dr. Wijedasa Rajapakse, the report states: “Exporters who earn Dollars do not bring that earnings back to Sri Lanka but they deposit it in foreign banks. […] ....

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Indian Court Refuses to Unfreeze Assets of Chinese Smartphone Maker Xiaomi

On Oct. 6, an Indian High Court declined to lift a freeze on $676 million of Xiaomi’s assets, . ....

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Bangladesh Bank clamps down on digital currency transactions

The order was given via a circular issued by the Banking Regulation and Policy Department of the central bank and takes immediate effect from the date of publication. ....

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Foreign exchange rate stable after Bangladesh Bank tightens spending

Foreign exchange rate stable after Bangladesh Bank tightens spending
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