EU backs U.S. call for global minimum corporate tax, but rate to be decided
(Reuters) – The European Commission backed on Tuesday a call from U.S. Treasury Secretary Janet Yellen for a global minimum corporate tax, but said its rate should be decided in…
NEXT Recognises Trade Union at its Plant in Sri Lanka
The British multinational clothing, footwear, and home products retailer, NEXT agreed to recognize the newly formed branch of Free Trade Zones and General Services Employees Union (FTZ & GSEU) at its plant (Next Manufacturing (Pvt)…
New Zealand ban live exports of animals by sea citing reputational risks from poor animal welfare practice
Citing reputational risk from poor animal welfare practice, New Zealand is banning live exports of animals by sea. New Zealand’s Agriculture Minister Damien O’Connor on Wednesday announced the controversial practice…
Farmers move to occupy a critical elephant corridor in Sri Lanka
By Malaka Rodrigo Earlier this month, more than 300 people gathered near the borders of the Dahaiyagala Wildlife Sanctuary in Sri Lanka’s Uva province armed with axes, long knives, ropes and handheld…
Huawei: Optimizing portfolio to boost business resilience and navigate a challenging environment
Huawei held its 18th Global Analyst Summit in Shenzhen today. More than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives joined the event on-site, along…
Sri Lanka Signs $500M emergency loan agreement with China as rupee hits record low
Sri Lanka secured a US$500 million loan from China Monday (Apr 12) in a desperate bid to shore up its foreign exchange reserves as the local currency hit a record…
Cabraal Leads Sri Lankan Delegation to Lulu Regional Office
A high-level delegation from Sri Lanka headed by the State Minister of Money & Capital Market and State Enterprise Reforms H E Ajith Nivard Cabraal visited Lulu regional headquarters recently.…
Sri Lanka finalizes air bubble pact with India to resume air travel
India has finalized a bilateral air bubble arrangement with Sri Lanka for the operation of special international passenger flights between the two countries, the Civil Aviation Ministry said on Saturday.…
IMF, World Bank Begin Push To Swap Debt Relief For Green Projects
(AFP): The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the IMF and World Bank, with…
Huawei rings in special Avurudu gifts for NOVA fans
Free Bluetooth speaker and splendid gift pack when purchasing Huawei Nova 7 SE, Nova 7i With New Year is just around the corner, Huawei is offering seasonal gifts to its…