Category: Business
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Shipping Terms for Exporters
What are “Incoterms” and who has what responsibilities and costs? International Commercial Terms (Incoterms) are pre-determined trade terms of ICC (the International Chamber of Commerce) to describe the mode of delivery of goods and the roles of importers and exporters in the process. Both buyers and sellers in the global trading market should acknowledge them during the transaction.…
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World Transport Hub
Sri Lanka’s rise as the new “World Transport Hub” stems from its strategic geographic position, robust infrastructure, and evolving workforce. As a nation positioned at the crossroads of major global trade routes, it has become a key player in connecting East and West, North and South, facilitating both commerce and tourism. Strategic Location Sri Lanka’s…
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Notable Quotes
The rich use debt to get richer…Because debt isn’t taxed.They buy appreciating assets.Then borrow against them tax-free.