South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
As the Group of Seven (G7) finance ministers and central bank governors met in Italy from Thursday to Saturday, U.S. Treasury Secretary Janet Yellen called for so-called market-driven countries to form a
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by Kelum Bandara A number of leading NGOs funded by various foreign sources for projects such as gender rights, human rights and democratic governance have been registered only as guaranteed companies under
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Recent research found that severe clear-air turbulence in the North Atlantic has increased by 55 percent since 1979. Though they seldom cause casualty on commercial flights, industry experts suggest keeping seatbelts on
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The Sri Lankan government will introduce two significant bills aimed at bolstering the country’s economy to parliament on Wednesday, a minister said on Monday. The “Economic Transformation Bill” and the “Public Financial
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Following article is based on the speech delivered by the author at the Opening Ceremony of “Tea for Harmony-Yaji” Cultural Salon in Colombo, Sri Lanka China is the birthplace of tea. Through
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Following article based on the speech by the author as the President of Sri Lanka at the World WaterForum in Bali, Indonesia. At the outset let me thank the President of the
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Many around the world remember how the Great Recession of 2008 wiped out trillions of dollars (estimated at US$2.4 trillion) from US retirement funds. Financial researchers in the US suggest that history
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Since the turn of the century, there has been a consistent average annual loss of 3 to 4 million hectares (7.4 to 9.9 million acres) of tropical forest globally. This puts us far from
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Singapore Airlines transported 2.1 million passengers last month, up 20.3 percent year-on-year, according to the latest operating statistics. The low-cost airline Scoot within the same group recorded 1.06 million passengers in April,
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Indian External Affairs Minister S Jaishankar said the Chabahar port would benefit the entire region and a narrow view should not be taken of it, after the US warned that any country
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In his article, “Electricity sector: Without investment we will be in the dark again” (Daily FT, 7 April, 2024), Professor Rohan Samarajiva, evidently the latest apologist for India’s Adani Group, writes, “An
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China has surpassed the United States to emerge as India’s largest trading partner for the fiscal year 2023-24, according to data released by the Global Trade Research Initiative (GTRI). Despite enduring military
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Murtaza Jafferjee, Chairman of the Advocata Institute, has raised serious questions regarding the recent energy deal struck between the Ceylon Electricity Board (CEB) and Adani, an Indian multinational conglomerate. The deal, which
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A discussion of the origins of urbanization may provide some insight into the character of modern social problems by highlighting the long historical dynamic at work. It may not be out of
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Editors’ Note: This article has been updated to incorporate new information provided by law enforcement authorities. Contrary to previous reports, the individual initially identified as Major General Prasanna Ranawaka is revealed to
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