EFL Global LLC (EFL USA), a fully owned subsidiary of Sri Lank’s Expolanka Holdings PLC (Expolanka) has acquired 100 per cent equity interest of Trans American Customhouse brokers LLC and its related companies (Trans American Group) on 24th February 2023, for US$42. 5 million, the Colombo Stock Exchange was informed on Monday.
Established in 1984, Trans American Group is a leading Customs House Broker in North America with a history of nearly 40 years servicing a range of leading brands in the US and Canada. The acquisition will enable EFL to extend its brokerage services to its existing customer base thereby enhancing service portfolio to existing customers, expand its customer base and scale its operations across North America.
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
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