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China to place moratorium on all debts for 2-years

To offer debt relief from a different perspective – Ali SabryBusinessForeign Minister Ali Sabry Tags: Print EditionThe Chinese debt relief is likely to be from a different perspective than what the IMF has set out as an acceptable debt…

ChatGPT’s creator develops tool detecting AI

BusinessTags: Print EditionOpenAI, the company behind DALL-E and ChatGPT, has released a free tool that it says is meant to “distinguish between text written by a human and text written by AIs.” It warns the classifier is “not fully…

Adani crisis ignites India contagion fears, credit warnings

BusinessTags: Print EditionFinancial contagion fears spread in India on Friday as Adani Group’s crisis worsened, with rating agency Moody’s warning the conglomerate may struggle to raise capital and S&P cutting the outlook on two of its…

Internet users increase from 30% to 51%

BusinessTags: Print EditionA study on e-commerce in Sri Lanka by Commonwealth and Sri Lanka Export Development Board (EDB) (2020) found that e-commerce has grown rapidly, spurred by increased access to the internet and the COVID- 19…

SLVA urges government to import eggs strictly from DAP&H-approved nations

BusinessSLVA President Dr Dilan Satharasinghe Tags: Print EditionThe Sri Lanka Veterinary Association (SLVA) stresses that resorting to importing eggs from non-bird-flu-free nations, which have had bird-flu outbreaks in the last six months…

NCE against dismantling Walkers Lift

BusinessTags: Print EditionThe National Chamber of Exporters of Sri Lanka (NCE) is seeking the intervention of the President, Ranil Wickremesinghe, to stop the Boat and ship lift (Synchro Lift) constructed at the Mutuwal Fisheries Harbour…

“Japanese government will support to boost Sri Lanka’s economy”

BusinessFinance State Minister Shehan Semasinghe with Japanese Foreign Affairs State Minister Takei Shunsuke.Tags: Print EditionJapanese State Minister of Foreign Affairs Taki Shunsuke, who arrived in Sri Lanka to participate in the 75th…

Indian CEOs call upon BOI

BusinessIndian CEOs at the Board of Investment.Tags: Print EditionIndian CEO Forum-Sri Lanka Chairman T. S Prakash and the Board representing diverse industries – from automobile, banking, cement, and FMCG to fuel, glass, hospitality,…

China calls on IMF to provide urgent assistance to Sri Lanka

BusinessTags: Print EditionChina said it wanted multilateral lenders to provide debt relief to Sri Lanka as part of a broader restructuring of loans, a demand at odds with other major creditors and likely to slow a pact to unlock…