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Iran replaces Central Bank Chief

BusinessTags: Print EditionIran replaced the head of its central bank on December 29 as the country’s currency, the rial, continued a sharp decline amid economic troubles aggravated by a lack of progress on nuclear negotiations with the…

Spike in C-19 cases in China’s Zhejiang renews supply chain concerns

BusinessTags: Print EditionChina’s Zhejiang province, a manufacturing hub is recording around a million new Covid-19 cases in a single day and the situation has sparked concerns among people regarding its impact on supply chains, Nikkei…

Taliban ban women from working at NGO’s

BusinessTags: Print EditionFollowing a decision by the Taliban regime to ban women from working at non-governmental organisations, four major international aid groups suspended their operations in Afghanistan on Sunday. The ban order comes…

MA Aquarium Plants recognized at Wayamba Wijayabhimani Entrepreneur Awards

BusinessManaging Director of the Company, Miriyam Manohari Kaushalya Silva receives the awardTags: Print EditionMA Aquarium Plants, one of the rising stars of the ornamental fish and related products sector in the North Western province,…

SL Prosperity Index rises

Improvements in ‘Economy and Business Climate’Improvements in ‘Well-being of the People’Improvements in ‘Socio-Economic Infrastructure’BusinessTags: Print EditionSri Lanka Prosperity Index (SLPI), recorded an index value of 0.796 in 2021…

Elon Musk suffers the biggest loss of wealth in modern history

BusinessTags: Print EditionElon Musk has suffered the biggest loss of wealth in modern history, with his net worth dropping by more than $ 200 billion (£166bn). The billionaire, who recently took over the social media site Twitter, lost…

Monetary Board following same policies as before – Cabraal

BusinessNivard CabraalTags: Print EditionFormer CBSL Governor Ajith Nivard Cabraal acknowledged that there existed allegations against him for fixing the exchange rate above the market clearing rate preceding the period the government…

Inflation eases further in December

BusinessTags: Print EditionHeadline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) decreased to 57.2% in December 2022 from 61.0% in November 2022 recording the lowest reading…

Jaffna one of the 18 most underrated places in Asia-CNN Travel

BusinessTags: Print EditionCNN Travel has classified Jaffna as one of the 18 most underrated destinations in Asia. This is what CNN said about Jaffna. “Most foreign tourists head to Sri Lanka’s beautiful south coast or into its central tea…