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
“Oil palm is one of the world’s most prominent and effective vegetable oils globally, and is contributing 40 percent of global trade volume in vegetable oils,” said Beatriz Fernandez, who manages the United Nations
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The International Monetary Fund (IMF) has issued a stern and uncompromising call to action. In its recently unveiled Governance Diagnostic Assessment (GDA) on Sri Lanka, the IMF has laid bare a stark
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Two interesting things happened at the BRICS summit in South Africa in August. Several new members were invited to join BRICS in 2024: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.
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In a final installment on Thursday night, Sri Lanka made a payment of approximately $50 million, accompanied by $4.5 million in accrued interest, as confirmed by a senior official from the Bangladesh
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Artificial Intelligence (AI) presents a profit opportunity for capitalists, but it presents a crucial choice for the working class. Because the working class is the majority, that crucial choice confronts society as
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Experts at the Africa Food Systems Forum (AGRF) in Dar es Salaam, Tanzania, have called on African governments to make and review existing policies to protect the processing and agro-industrialization of locally
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The United States today announced the commitment of more than US $19 million in additional funds to further the development of Sri Lanka, in a ceremony at the Sri Lanka Ministry of
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Apple on Tuesday announced its first-ever carbon-neutral products in the new Apple Watch Series 9 lineup, a milestone marking a major step in the company’s journey toward its Apple 2030 goal to
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The Ceylon Chamber of Commerce has proactively addressed critical issues within Sri Lanka’s healthcare sector, recognising the importance of patient safety, access to quality healthcare, and fostering industry growth. The Ceylon Chamber
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The G20 Summit has initiated the creation of the Global Biofuels Alliance, with the active involvement of over 30 countries and several international institutions. Its primary goal is to accelerate the widespread
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The Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce led a multi-sectoral 19-member delegation to Singapore, showcasing Sri Lanka’s burgeoning tech talent and growing potential in a
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The Finance State Minister is reported to have said that the Government of Sri Lanka (GOSL) has decided to refund the five per cent withholding tax levy (WHT) deducted on the interest
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The tranquility of the serene hillside in Qinzhou, nestled in south China’s Guangxi Zhuang Autonomous Region, has been replaced by the persistent reverberations of dredgers, excavators, and dump trucks, serving as a
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To Members of the Executive Board of the International Monetary Fund, The IMF programme in Sri Lanka is devastating the common people of Sri Lanka, especially the most vulnerable and marginalised among them.
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Link to part 5 Conclusive remarks The IMF programme needs to be used to negotiate debt restructuring with commercial and multilateral creditors. It would create space to spend on priorities such as
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