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
Business leaders and representatives from various chambers and unions gathered at the Presidential Secretariat for a meeting with President Ranil Wickremesinghe. The discussions focused on the Domestic Debt Optimization (DDO) program and
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De-dollarization is apparently here, “like it or not,” as a May 2023 video by the Quincy Institute for Responsible Statecraft, a peace-oriented think tank based in Washington, D.C., states. Quincy is not alone
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The International Monetary Fund’s (IMF) headquarters are in the heart of Washington, a stone’s throw from the White House, Lincoln Memorial, Treasury Department, Organisation of American States (OAS) and Federal Reserve (the
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by Robert Lawrence Kuhn Other than global economic and social imbalances, and climate change, defining and protecting human rights is the most important challenge for the international community. “Whole-process people’s democracy” is
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The common path followed by almost all IMF member countries in response to sovereign debt crises in recent decades,is to enter into an IMF supported stabilisation and structural adjustment programme. Sri Lanka
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The Ceylon Chamber of Commerce in partnership with Business Network International (BNI) will host a Forum titled ‘Building a Global Sri Lanka – Networking the Way Forward’, on June 13th at the
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As for food security, the foundation would do better by supporting agroecological (agrochemical-free) approaches to agriculture, which various high-level UN reports have advocated for ensuring equitable global food security. This would leave
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The year 2020 marked parity between the total GDP of the G7 (the U.S. plus allies) and the total GDP of the BRICS group (China plus allies). Since then, the BRICS economies
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In a significant development for India’s cruise tourism industry, the country’s first international cruise ship, MV Empress, was launched from Chennai, setting sail to Sri Lanka. The ship, carrying 750 passengers, aims
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“We may travel the four corners of the world, but our job is to make you feel at home.” International Flight Attendants’ Day – also called International Cabin Crew Members’ Day –
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Human activity—mostly the burning of fossil fuels—has raised Earth’s atmospheric carbon content by 50 percent, from 280 parts per million (ppm) to 420 ppm. Since the start of the Industrial Revolution, we’ve released approximately 950 billion
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The name of China’s first domestically-built large cruise ship was unveiled in Shanghai on Friday. “Adora Magic City” aims to offer a unique and immersive cruise experience that seamlessly blends Eastern and
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A changing world order, a shrinking U.S. empire, migrations and related demographic shifts, and major economic crashes have all enhanced religious fundamentalisms around the world. Beyond religions, other ideological fundamentalisms likewise provide
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The Redress Design Award 2023 has unveiled its 10 Finalists, representing the world’s top emerging sustainable fashion designers who have stood out among hundreds of applicants. These talented designers will compete at
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Transparency International Sri Lanka (TISL) on Wednesday (May 10) filed a petition (SC SD 19/2023) with the Supreme Court, challenging the Anti-Corruption Bill, highlighting several key concerns. While TISL welcomes the long-awaited
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