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During the global scramble to secure vaccines, many countries in Asia-Pacific were slow off the mark. This time, they’re not making the same mistake. Countries around the region are rushing to place orders for the latest weapon…
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Russia has reported more than 1,000 daily COVID-related deaths for the first time since the start of the pandemic, with the country’s vaccination drive at a standstill and no restrictions in place. An official government tally on…
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As many as 17 American missionaries have been reported kidnapped by gang members in Haiti on Saturday, including 14 adults and three minors, a source in Haiti’s security forces told CNN. The source cautioned that the…
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Sri Lanka should start trading with India by paying in Indian Rupees (INR) and this can annually replace the use of over USD 2 billion, said Ideal Group Founder and Executive Chairman Nalin Welgama. He said that their trading…
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Capital Alliance (CAL) entered into an investment and partnership agreement with Bangladesh’s BetaOne Investments Limited. With the formalization of this agreement and its entry to Bangladesh, CAL continues its ambitious yet resolute…
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At a time when the price of locally manufactured Highland milk powder has also been increased, the Milco Ltd management has decided to increase Rs. 7 for one-litre liquid milk, produced by local farmers with effect from November 01.…
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The government is considering extending the concession on payment of electricity bills to Tourism Development Authority registered tourist hotels and residences affected by COVID-19 further as the grace period was given for the sector…
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While commending the Government’s decision to allow imports of nitrogen-based fertiliser for the tea industry, the Planters’ Association of Ceylon (PA) called for distribution to be fast-tracked for the tea sector to immediately…
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Bank of Ceylon has been appointed as the settlement bank by LankaClear, for their inter-bank US Dollar Online Payment system (USD On-Line) and US Dollar Draft Online Image Transfer System (UITS). This selection was made through a…
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Sri Lanka is looking at a fairly modest and undisturbed economic performance in 4Q, says ICRA Research in their ‘Economy at a Glance for September 2021’ report. “The Government lifted the quarantine curfew in early October and…
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