By Michael F. Perera Valuable resources are extracted every day to develop convenient products such as bottles, containers and more. As the extraction of virgin resources rapidly depletes the availability of such, it is high time a sustainable alternative is fetched, to ensure longevity and liveability for future generations. With the prices for…
Sri Lanka’s Export Performance January – March 2021 Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn. Earnings…
Microsoft and LinkedIn launch next stage to help job seekers and employers move to a skills-based economy ASIA PACIFIC, SRI LANKA — Microsoft has helped over 30 million people in 249 countries and territories gain access to digital skills, of which over 30,000 of them are from Sri Lanka. This tops its initial goal of…
The Silk Road Journal by Mahika Ming Any society in the world will be stable if its armed forces are strong to protect it. That will eventually result in social development and increased trade due to surplus production. The ancient Silk Road originally was the trade route which took external goods to Great China and…
The Silk Road Journal: By Mahika Ming The 2011 Fukushima nuclear accident which took place in Japan according to analysts has had a profound impact on the marine environment, food safety and human health of neighboring countries. Hiroshima and Nagasaki in Japan were the targets of the first recorded nuclear attack in 1945 when the…
Business sentiment picks up as economic activity shows signs of a slight recovery Sri Lanka recently received its first shipment of 264,000 vaccines of the Oxford-AstraZeneca vaccine as part of the interim allocation of 1.44 million doses to be received from the COVAX Facility in stages until May. This brings the number of doses available…
The Silk Road Journal – by Mahika Ming When the United States of America (USA) and Canada were constructing their first ever railroads, thousands of Chinese slaves were taken across the Pacific by the colonial rulers to work in these mega projects. As per records thousands of Chinese peasants have died constructing railroads in the…
The Silk Road Journal – by Mahika Ming The Peoples Republic of China (PRC) is planning to hold the 2021 international summit on Digital Development in Fuzhou, in Fujian in Southern China under the theme “Stimulating new dynamics of data factors and embarking on a new journey for Digital China”. The two day summit starting…
Sri Lanka’s export earnings registered a growth of 2.52% with US$ Mn 993.73 in February, compared to the previous year, maintaining the growth momentum recorded during the last five months as per the provisional statistics released by Sri Lanka Customs. This is the highest export figure recorded for the month of February during the last…
Bloomberg – The global middle class shrank for the first time in decades last year because of the Covid-19 pandemic, with almost two-thirds of households in developing economies reporting they suffered a loss in income, according to two new estimates based on World Bank data. In a study published Thursday, researchers at the non-partisan Pew…
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