Hesha Withanage released on bail

Bangladesh traders forced to export leather to China at low prices

Bangladesh is lagging behind in the world market even though the quality of the leather is good as the traders are forced to export leather to China at low prices. As per the guidelines, those who sell leather must have a Leather Working Group (LWG) certificate, the only institution in the country that has that full certificate. Using this opportunity, Chinese companies are buying leather at a low price. China does not attach much importance to this certificate, reported Bangladesh Livenews.

31 Jul, 2022

CBSL warns market players of stern action

The Central Bank of Sri Lanka (CBSL) has warned of stern action against market players who fail to fully comply with foreign exchange regulations. Issuing a statement, CBSL said that the bank and the Government have been implementing several measures to ease the burden of the current economic hardships on the people. One major factor that is contributing to the current crisis and the resultant hardships is the lack of foreign exchange liquidity in the banking system. Such shortage of forex liq

30 Jul, 2022

UN experts ask Hong Kong authorities to repeal national security law

United Nations-backed human rights experts on Wednesday called on authorities in Hong Kong to repeal a national security law as it slammed China?s tightening grip on the semi-autonomous region. The findings by the committee are part of a regular review of parties to the covenant, which was published today after a series of hearings earlier this month. ?Hong Kong, China should: Repeal the sedition provisions of the Crime Ordinance and refrain from using them to suppress the expression of critic

31 Jul, 2022