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
by Meera Srinivasan A fortnight after Sri Lanka switched to a new visa issuing system, authorities are facing a backlash over higher visa costs that could deter tourists, “Indian involvement”, and “corruption”
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by Sakunthala Perera It’s disheartening to witness the unchecked dissemination of information by much of the Sri Lankan media, uncritically parroting the response of a private company vested with the exclusive authority
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Sri Lanka has entered into a 20-year power purchase agreement with India’s Adani Green Energy Ltd (ADNA.NS),for two wind power stations developed by the company, a cabinet statement said on Tuesday. Adani Green
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In the latest annual report on human rights issued by the United States State Department, Sri Lanka emerges as a focal point for concerns regarding corruption, with a staggering number of cases
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The Bandaranaike International Airport witnessed scenes of chaos and frustration on May Day as a controversial new visa processing system introduced by VFS Global left travellers stranded in long queues for hours.
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“Sustaining Growth – Bridging Horizons” The Ceylon Chamber of Commerce proudly announces its appointment as the Chair of the Indian Ocean Rim Business Forum (IORBF) for 2023 – 2025. In line with
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On April 3, 2024, Disney CEO Bob Iger officially fended off the attempt by institutional investor Nelson Peltz and his hedge fund Trian Partners to secure two board seats. During the affair, Disney faced pressure from
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AstraZeneca has admitted for the first time in court documents that its Covid vaccine can cause a rare side effect, in an apparent about-turn that could pave the way for a multi-million
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By about 2030, 6G will be commercially available in areas where infrastructure conditions are met, including China, according to panelists at a Saturday forum on 6G innovation and development, which ran parallel
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In a significant move aimed at revitalizing the operations of the Chinese-built Mattala Rajapaksa International Airport, the Sri Lankan Cabinet has greenlit the transfer of management rights to two prominent entities from
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In a revelation today (26), Sri Lanka’s banking sector has been plunged into chaos as reports emerge of a sophisticated cyber fraud operation targeting online banking customers. The situation, as described by
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We have over the past few days been busy finding out what we know so far about Israel’s strike on Isfahan, Iran; or about whether the “Boats Bill” of Rwanda repatriation, will
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The International Monetary Fund (IMF)’s fiscal chief has warned that fiscal expansion is dominating the political discourse in the biggest-ever election year, calling for a durable and credible fiscal tightening to safeguard
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Hong Kong International Airport (HKIA) has retained its position as the world’s busiest cargo airport in 2023 in terms of total cargo volume, the 13th time since 2010, provisional figures released by
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Amidst the challenges of rising import costs and dwindling foreign reserves, Bangladesh’s recent move to adopt the Chinese currency for bilateral trade with China is a bold and strategic step. The inclusion
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