US fast-food outlet McDonalds on Friday said it has formally ended its arrangement with its Sri Lankan franchisee.
“McDonald's Corporation and International Restaurant Systems (Pvt) Ltd have entered a legal settlement mutually agreeable to them. The franchise relationship that previously existed between them has ended,” the duo said in a joint statement.
On Friday, McDonald's Corporation and International Restaurant Systems (Pvt) Ltd said they extended “their gratitude to the public for their support during this period and encourage the public to disregard any rumors or speculation previously circulated in the media”.
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A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
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.
Read these and more on tomorrow’s edition of the Sunday Times
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