The Silk Road Journal – by Mahika Ming Nearly 50 years ago the American Apollo and Soviet Luna missions brought lunar soil samples to earth. In 2020 China’s Chang-e 5 not only got lunar soil samples but also brought back rice seeds taken to be exposed to outer space environment. Chinese scientists are at present…
Bandula Gunawardana, Minister of Trade urged the whole stakeholders to actively engage in assisting all exporters of the country in every possible manner during this turbulent period enabling exporters to strengthen our economy. After observing the export performance of the month of January, he further stated that it is encouraging to see important export sectors…
Sri Lanka has a long established history of using fibre cement roofing sheets, namely chrysotile roofing sheets which are otherwise referred to as white asbestos. Being the choice of construction giants across the local industry, chrysotile has maintained a presence of over 60 years in Sri Lanka. The reason for the success…
The Silk Road Journal – By Mahika Ming Long before Chinese leaders including the late Paramount Leader Deng Xiaoping stated that the Hong Kong Special Administrative Region (HKSAR) should be ruled by Patriots once it is handed back to China after the 99 year lease to Britain in 1997, 14th amendment of the constitution of…
LONDON (Reuters) – Just when developing economies were ready to bask in the post-COVID rebound in global growth, in sweeps a bond market blaze to scorch them again. Most major investment banks were predicting a stellar 2021 for emerging market assets as long as one crucial snag – global borrowing costs rising too fast –…
Business Sentiment – BIZ Confidence Stabilises As far as biz sentiment goes, 2020 had its ups and downs – the LMD-Nielsen Business Confidence Index (BCI) oscillated between a high of 174 basis points at the beginning of the year, fell progressively thereafter against a backdrop of an unprecedented pandemic until August when it bounced back…
The Silk Road Journal – By Mahika Ming Xinjiang in north western China has had entertained visitors coming into Great China for more than 2500 year along the ancient silk road. It was also known as the envoy road and according to archaeological records, details about more than 1400 high level diplomats and dignitaries have…
On 18 February 2021, the Monetary Board issued Rules in respect of repatriation of export proceeds into Sri Lanka and conversion of such proceeds into Sri Lanka rupees, and also issued Operating Instructions to Licensed Banks on the same. The above Rules and Operating Instructions, which would supplement the repatriation requirement already in place, were…
The Silk Road Journal – By Mahika Ming UN Secretary-General Antonio Guterres addressing a virtual meeting of the United Nations Security Council on COVID-19 recently called for a global plan to vaccinate against COVID-19. The former socialist Prime Minister of Portugal who now heads the world body warned that inequities at the first stages that…
By Brad Smith, President, Microsoft. A year ago, we launched the biggest commitment in Microsoft’s history to focus on the climate crisis. As Satya Nadella, Amy Hood, and I announced last January, Microsoft committed to become carbon negative as a company by 2030 – meaning that by that date we will remove from the environment more carbon than we emit. By 2050, we…
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