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Sri Lanka Chamber urges IMF to proceed

Sri Lanka’s Ceylon Chamber of Commerce has urged the International Monetary Fund to proceed with re-structuring undertakings already given by India and the Paris Club and for China to give full assurances. India and the Paris Club has given specific assurances to re-structure debt along the financial envelope of an IMF program. China has given…

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Uzbekistan Collects Over $300,000 From Crypto Sector

Licensed crypto firms have paid 3.5 billion Uzbekistani som (more than $310,000) to the budget in the course of 2022, Uzbekistan’s regulatory authority responsible for the oversight in the sector revealed during a press conference, quoted by the crypto news outlet Forklog. At the briefing, the National Agency of Perspective Projects (NAPP), a body subordinated…

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Sri Lanka celebrates 75th Independence Day today

The 75th National Independence Day – themed “Namo Namo Matha – A Big Step towards a Century” – is celebrated ceremoniously today (February 04) at the Galle Face Green in Colombo as the country is trying to unlock a USD 2.8 billion IMF bailout package to facilitate access to financial support to get the economy…

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CDS signs up with Lanka IOC to act as Registrar

The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023. Lanka IOC PLC, with a corporate history spanning 20 years, is the only private sector auto fuel…

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