Delhi-Colombo-Beijing triangle undergoes another shift
By Professor Harsh V Pant Chinese Defence Minister Gen. Wei Fenghe was in Sri Lanka last week seeking to shore up support for Chinese projects at a time when new…
Brain Research Confirms Stupidity Of Back-to-Back Meetings
By Pim de Morree Most people have way too many meetings at work. This sucks. And it’s frustrating. Brain research now confirms what we have all experienced: back-to-back meetings are stupid. Back…
New Investor to soon acquire Breadtalk’s Sri Lankan franchisee
RIL Properties PLC is progressing with negotiations with a potential investor to dispose of its entire stake in FoodBuzz (Private) Limited which owns franchise rights of BreadTalk in Sri Lanka. The…
Keells plans to open over 75 outlets by early 2024 amidst intensifying competition from newcomers
Feeling the heat from intensifying competition from newcomers, John Keels Holdings (JKH) re-targets to open over 75 Keells branded supermarkets by early 2024. “The Retail sector has seen intensifying pressure…
Sri Lanka To Sue Singapore Ship Owners Over Marine Pollution
AFP:Sri Lankan authorities Sunday said they will sue the owners of a Singapore-registered cargo carrier which has burned for 11 straight days off the island’s west coast and caused some…
Costly Chinese COVID Vaccine Sparks Row in Sri Lanka
Disclosure of procurement price of China’s Sinopharm vaccine in Sri Lanka has sparked a row after reports emerged that Colombo had to shell out a higher per-dose price than its…
Bangladesh Offers $500M Lifeline to Sri Lanka ahead of $1B Dollar Bond Maturity
In a first for Bangladesh, the country has extended a lifeline of sorts to the beleaguered Sri Lankan economy, offering to top up the island nation’s depleting foreign reserves by…
Sri Lanka to Secure $200m currency swap facility from Bangladesh to maintain FX Reserve
The Bangladesh Bank board on Sunday approved in principle a draft $200-million currency swap deal with Sri Lanka, which is struggling to maintain a moderate foreign exchange reserve. The currency…
Global trade recovered at a faster pace from the Pandemic-fueled recession compared with the past two trade recessions
World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, United Nations Conference on Trade and…
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Sri Lanka@100, with U.S. Support, Hosts Exponential Growth Webinar
Sri Lanka@100, with support from the United States, hosted a public webinar featuring Paul D. Roberts, an expert in methods for companies and entrepreneurs to leverage evolving technologies such as artificial…