The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
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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