The Central Bank of Sri Lanka has conducted investigations and identified 21 companies which are involved in prohibited finance schemes under Section 83 (C) of the Banking Act, No. 30 of 1988 as amended.
They include: Tiens Lanka Health Care (Pvt) Ltd; Best Life International (Pvt) Ltd; Mark – Wo International (Pvt) Ltd; V M L International (Pvt) Ltd; Fast3Cycle International (Pvt) Ltd; Sport Chain app, Sport Chain zs society Sri Lanka; OnmaxDT; MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group; Fastwin (Pvt) Ltd; Fruugo Oline App/ Fruugo Oline (Pvt) Ltd; Ride to Three Freedom (Pvt) Ltd; Qnet; Era Miracle (Pvt) Ltd. and Genesis Business School; Ledger Block; Isimaga International (Pvt) Ltd; Beecoin App and Sunbird Foundation; Windex Trading; The Enrich Life (Pvt) Ltd; Smart Win Entrepreneur (Pvt) Ltd; Net Fore International (Pvt) Ltd./ Netrrix
Sri Lanka’s apparel industry has expressed concern over the Reciprocal Tariff policy announced by the U.S government today saying the new tariffs could significantly disrupt the country’s largest export sector and put thousands of jobs at risk.
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