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
Risk comes from not knowing what you’re doing. ~ Warren Buffett So far, we have been obsessed with (and rightfully so) the portentous calamity we are facing with a rapidly heating globe.
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The Suez Canal transit receipts decreased by 57.2 percent to register 959.3 million U.S. dollars in the first quarter of 2024, according to a statement released on Monday by the Central Bank
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Driving towards Payra Port, Bangladesh’s third-largest port, a 220-meter high cooling tower can be seen standing tall within the plant area from a distance. This plant area is home to Bangladesh’s largest
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India and Sri Lanka are currently engaged in a maritime dispute that underscores the complexities of their bilateral relations and the strategic considerations underpinning their respective policies in the region. The issue
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Sri Lanka’s earnings from tourism rose to over 1.5 billion U.S. dollars in the first six months of 2024, a 77.9-percent increase year on year, the Central Bank of Sri Lanka (CBSL)
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A new report has been issued by the World Weather Attribution (WWA) group, a scientific body that ‘conducts rapid-attribution studies on weather events around the world to look at the role climate
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Yesterday, the colossal Megamax container ship, named “Ever Ace,” docked at the Colombo East Container Terminal under the management of the Sri Lanka Ports Authority. Boasting an astounding capacity nearing 24,000 TEU
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Vietnam’s total goods retail sales and consumer service revenues increased by 8.6 percent year on year in the first six months of 2024 to more than 3.09 quadrillion Vietnamese dong (121.39 billion
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In a landmark decision that underscores the judiciary’s role in upholding the Constitution, the Supreme Court of Sri Lanka has delivered a significant verdict on the Public Finance Management Bill, striking down
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On June 7, Samsung workers in South Korea embarked on their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU). This historic event involved approximately 28,000 union members, representing about one-fifth
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At the Treasury we are aware that the country is in a difficult place. But that difficulty is not visible on the surface. Fuel is available, electricity is available and public and
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On June 26, the U.S. Embassy in Colombo, in partnership with the Sri Lanka Department of Import and Export Control, launched the first Sri Lanka Strategic Trade Forum. This event brought together
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Indonesia, one of the world’s leading producers and exporters of durian, aims to increase the value of its durian farming across the archipelago, particularly for the Chinese market. To achieve this, the
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Colombo, Sri Lanka – In a message today, Minister of Foreign Affairs M U M Ali Sabry extended profound gratitude to Sri Lanka’s international partners for their unwavering support during the nation’s
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Today, the International Maritime Organization (IMO) celebrates the International Day of the Seafarer, highlighting the vital role of seafarers in maintaining global supply chains and the importance of ensuring their safety. IMO
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