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Month: March 2024

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  • Regulations on the Colombo Port City’s duty-free shopping complex submitted for cabinet approval amid legal concerns

Regulations on the Colombo Port City’s duty-free shopping complex submitted for cabinet approval amid legal concerns

The Committee on Public Finance (COPF) informed the Secretary to the Ministry of the Investment Promotion to intervene with immediate effect to arrive at a decision regarding a duty-free shopping…

U.S. Embassy in Sri Lanka to Host Youth Forum Leadership Summit 2024: Empowering Young Leaders Across South Asia

The Youth Forum Leadership Summit 2024 organized by the U.S. Embassy in Sri Lanka will be held March 4 to 7 in Colombo.  The eagerly anticipated Youth Forum Leadership Summit is…

Russia is re-emerging in South Asia

By Aleksei Zakharov¬† Forced by the unprecedented isolation from the West, Russia has embarked on a course of outreach to the global South. South Asia is a region where Moscow…

Alibaba’s South Asian E-Commerce Giant Daraz Announces Layoffs in Memo

¬†Alibaba-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting Chief Executive Officer James Dong said on Tuesday in an…