Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s, analysts and investment banks …
Business
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This is the state of the well known ‘Kele Pola’ that has been in existence for ages in Pettah. The fair has always been in a sordid condition despite it …
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Growing uncertainties on the future of global trade as President Trump seeks to impose reciprocal tariffs make programs such as the European Union’s Generalised Scheme of Preferences Plus (GSP+) more …
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The economy grew by 5.0% in 2024 as against the 2.3% contraction in 2023, the Central Bank stated in a media release last week and according to the National Accounts …
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Failure is inevitable in business. When faced with failure, all you can do is to learn from them and not make the same mistakes again. Though it sounds simple and …
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A local store is a retail outlet in a geographically localised community within a city, town, or a rural area. It typically is a small business place that sells goods …
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The Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI–Manufacturing) recorded an index value of 56.8 in February 2025, indicating a continued expansion in manufacturing activities. This expansionis attributable to the …
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The Government will provide an extra 3 percent interest on deposits by senior citizens with effect from July 1, 2025 according to a senior minister of the government. The special …
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As Sri Lanka marks five years since its first Covid-19 lockdowns in March 2020, it’s an opportune moment to reflect on the profound economic and social impacts the pandemic has …
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The Government has allocated over Rs. 31 billion this year to develop the digital economy and engage with industry leaders to create a roadmap that balances taxation with growth incentives, …