Sri Lanka has completed a five-day workshop in Colombo aimed at developing Standard Operating Procedures for responding to radiological and nuclear emergencies within the country’s territorial waters, as national maritime, regulatory and
by Our Economic Affairs Editor The 2026 Budget tabled by Finance Minister Anura Kumara Dissanayake arrives amid perhaps the most delicate balance in Sri Lanka’s post-independence economic history. Having emerged from the
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Sri Lanka’s President and Finance Minister Anura Kumara Dissanayake unveiled the 2026 national budget on Friday, outlining reforms to strengthen economic resilience and uphold the country’s $3 billion International Monetary Fund bailout.
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Colombo Dockyard PLC (CDPLC) has signed a major shipbuilding contract with Orange Marine of France to construct two state-of-the-art cable laying and repair vessels, marking the largest shipbuilding contract in the company’s
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A courtroom drama in Paris has cast an unflattering light on France’s intelligence service, the Direction Générale de la Sécurité Extérieure (DGSE), which has been accused of misusing a secret emergency fund
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The Miss Universe 2025 competition descended into crisis on Tuesday as dozens of contestants staged a dramatic walkout following an incident in which the event’s host, Nawat Itsaragrisil, publicly insulted Miss Mexico,
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President Xi Jinping presided over the commissioning ceremony on Wednesday in Hainan, according to state media outlet Xinhua. The Fujian, named after the coastal province opposite Taiwan, has now joined the People’s
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China recently reached out to NASA regarding a potential conjunction between satellites, marking the first instance of direct coordination between the two agencies over space traffic management. The event was disclosed by
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Google has denied reports that it is building a large artificial intelligence data centre on Australia’s remote Christmas Island, clarifying that its current work there is part of an ongoing subsea cable
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Investment bankers are proposing a valuation of up to $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could become one of India’s largest initial
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Shein Group Ltd. is expecting a net income of $2 billion in 2025, nearly double the $1.1 billion it reported last year, buoyed by higher profit margins from price increases and cost-cutting
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Boeing Co. will not face criminal charges over two fatal 737 Max crashes after a federal judge in Texas approved a settlement requiring the aircraft manufacturer to pay $1.1 billion in fines
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Around 100 activists gathered on Thursday in Jakarta to protest a government plan to grant late authoritarian leader Suharto the status of national hero, reflecting broader concerns about historical revisionism in Indonesia.
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Tesla shareholders are set to decide on Thursday whether to approve a proposed pay package for Chief Executive Elon Musk that could reach an unprecedented $878 billion, a sum that would make
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The Gates Foundation, alongside partners including the European Union and the German government, has supported the establishment of a laboratory in Cape Town that will allow The Biovac Institute to develop vaccines
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Traffic through Egypt’s Suez Canal has jumped by more than 10% in recent months, local authorities said, reflecting renewed shipping confidence following the Gaza peace summit. Between July and October, a total
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