While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
Unlike previous years, livestock markets in Ankara are experiencing a noticeable slowdown leading up to the Muslim festival Eid al-Adha due to the country’s struggle with high inflation. A sharp decline in
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Thailand’s consumer confidence index dropped for the third straight month in May, reaching the lowest level in seven months, due to concerns over political uncertainty and a sluggish economic recovery, a survey
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The United Nations Development Programme (UNDP) in Sri Lanka, in collaboration with the Ministry of Finance, Inland Revenue Department, University of Moratuwa, and the National Innovation Agency of Sri Lanka, co-convened the
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The technological titans Elon Musk and Apple are engaging in a heated standoff as the AI race intensifies. Elon Musk, the visionary behind Tesla, SpaceX, and xAI, has issued a stern warning
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In an era where innovation drives industry, Taiwan emerges as a powerhouse in AI chip manufacturing, setting the stage for a high-stakes global competition. Taiwan, hailed as the “country of AI,” has
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by A Special Correspondent in New Delhi India is planning to lease Trincomalee Harbour and its surrounding area for 99 years, according to reliable sources in the Ministry of External Affairs in
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Sri Lanka’s national debt has surged past $100 billion, reflecting the country’s ongoing economic challenges and efforts to stabilize its finances. The latest figures reveal that unpaid principal and interest now exceed
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In a landmark decision, the Parliament of Sri Lanka has approved the long-awaited Electricity Bill, marking a significant milestone in public sector reform. The Ceylon Chamber of Commerce, which has been advocating
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A new report by digital identity company Signicat and consultancy Consult Hyperion has revealed an alarming trend: Over a third of fraud attempts targeting financial institutions now use AI. The research highlights the rapidly
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The only thing that will redeem mankind is cooperation. — Bertrand Russell A few years ago, our main focus was on Global Megatrends. Books were written on it (including one by the author
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‘Insanity is doing the same thing repeatedly expecting different results – Albert Einstein. The concept of a legislated economic plan that incorporates economic parameters (or targets) is an opportunity to end 76
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“Trade wars are all about losing, you can’t win them,” German Finance Minister Christian Lindner told reporters at the recently concluded meeting of Group of Seven (G7) finance ministers and central bank
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Malaysia unveiled its national semiconductor strategy (NSS) on Tuesday with an eye on boosting the sector in the country, attracting high-value investments and widening collaboration with international partners. The key thrust of
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U.S. private space company SpaceX launched 23 more Starlink satellites into orbit on Tuesday. The satellites were launched aboard a Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space
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Editorial The recent history of government deals has shown a worrying trend towards the neglect of proper procurement guidelines and competitive practices. This negligence not only invites corruption but also compromises national
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