Blackstone plans to double its investments in India to $100 billion within five years, with chief operating officer Jonathan Gray describing the country as the firm’s best-performing market and expressing confidence in
The Ceylon Chamber of Commerce announces that its flagship event, the Sri Lanka Economic Summit, originally scheduled for November 2024, has been rescheduled to January 28 and 29, 2025, in light of
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“One of the biggest issues with Sri Lankan Airlines has been the chronic political interference and mismanagement. Instead of focusing on profitability and sustainability, decisions were often made to serve political interests,
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Riga, Latvia / Colombo, Sri Lanka – The Uralchem Group has announced that the maritime vessel MV Asian Majesty, anchored in the Bay of Riga with 55,000 tonnes of potash since early
More Hilmy Cader, CEO of MTI Consulting, has urged the government to place a stronger emphasis on the caliber and empowerment of CEOs in State-Owned Enterprises (SOEs) rather than creating undue focus on
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On September 17, 2024, thousands of pagers belonging to Hezbollah members simultaneously exploded across Lebanon, killing dozens and wounding thousands, including civilians. The pagers were licensed by Taiwanese company Gold Apollo from
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The BRICS New Development Bank (NDB) is providing more flexible and supportive financial terms compared to the International Monetary Fund (IMF), according to Kudzai Dominic Chiwenga, an associate professor at the University
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In response to the increasing global demand for resources and the economic pursuits that come with it, attention on the world’s oceans continues to grow. But how should marine resources be properly managed? The blue economy is
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The weather warms. The snows recede, and vast swaths of wild flora mat the terrain. The first shoots of the perennials are green. What was once brown and hibernating transforms into a
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Ratan Tata, one of the world’s most influential industrialists and the former chairman of Tata Group, has died at the age of 86. His passing marks the end of an era for
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A Turkish Airlines pilot tragically died after collapsing mid-flight, prompting the airline to make an emergency landing in New York. The incident occurred on Tuesday evening during Flight TK204, which was en
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Wynn Resorts, the US-based hotel and casino operator, has made history by securing the first commercial gambling license granted by the gaming authority in the United Arab Emirates (UAE), the company announced
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The transition from relying overwhelmingly on fossil fuels to using alternative low-carbon energy sources could be “unstoppable and exponential,” according to some experts. A boosterish attitude by many renewable energy advocates is
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Editor’s Note: In his recent address at the JICA Chair special program, Japan’s Ambassador to Sri Lanka, Mizukoshi Hideaki, discussed the significant economic transformation of Japan. The complete text of his speech
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On 3rd October 2024, Admiral Sirimevan Sarathchandra Ranasinghe, WWV, RWP, USP, formally took office as the Chairman of the Sri Lanka Ports Authority (SLPA). Admiral Ranasinghe brings with him a distinguished record
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In a meeting held today in Colombo, President Anura Kumara Dissanayake reiterated Sri Lanka’s commitment to the objectives of the ongoing International Monetary Fund (IMF) programme, while advocating for alternative measures aimed
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