Robert Kiyosaki, the 79-year-old author of the 44-million-copy best-seller Rich Dad Poor Dad, has revealed that he is $1.2 billion in debt. Appearing on the Get Rich Education podcast, he explained that this massive leverage is not a financial failure, but rather a deliberate wealth-building strategy. The massive figure is tied directly to real estate…
Recognizing the strategic importance of the Marine and Offshore sector to Sri Lanka’s export development, the National Export Development Plan (NEDP) 2026–2030 has identified Marine-Based Industries, including boat and shipbuilding, as one of the country’s priority export sectors. In line with this national priority, the Sri Lanka Export Development Board (SLEDB), in collaboration with the…
Lanka IOC PLC marked the commencement of its 25th year of operations in Sri Lanka with a market opening ceremony on the Colombo Stock Exchange (CSE) trading floor earlier this week, highlighted by the ringing of the Market Opening Bell. The event celebrated the company’s enduring contribution to Sri Lanka’s energy sector and its role…
Ruwanthi Gajadeera’s “Children of One Mother” carries the national flowers of all 56 Commonwealth nations, printed by sunlight Sri Lankan textile-led fashion designer Ruwanthi Gajadeera today presented an original cyanotype to His Majesty King Charles III at a garden party marking the 125th anniversary of the Victoria League for Commonwealth Friendship. The work, titled එක…
Standard Chartered Sri Lanka hosted “A Test of Resilience: Global Research Briefing Webinar on Global & Sri Lanka Economic Outlook for H2-2026”, bringing together corporate and financial institutions clients for an expert discussion on the prospects for the global economy, Sri Lanka and financial markets in the second half of the year. The webinar examined…
New industry insights reveal Indian couples are spending more, inviting fewer guests and prioritising experiences over extravagance, creating a significant opportunity for Sri Lanka’s luxury hospitality sector. Indian weddings are undergoing a profound transformation. While destination wedding budgets continue to rise, guest lists are shrinking, signalling a new era where memorable experiences, meaningful travel and…
EDB’s national programme brings exporters, SMEs, artisans, designers and academia together to transform Sri Lanka’s traditional craftsmanship into contemporary products for global markets For generations, Sri Lankan artisans have transformed clay, wood, fibre, metal, textile and other indigenous materials into objects that reflect the island’s culture and identity. Yet much of this creative wealth has…
Reuters – Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the U.S. on Iran pushed oil prices higher. MSCI’s broadest index of Asia-Pacific shares outside Japan tumbled 1.5% as South Korea’s KOSPI dropped more than 3%, while the Nikkei 225 was down 2.6%. S&P…
Sri Lanka has reached a major milestone in strengthening its national food control system with the launch of its first National Food Safety Policy, providing a comprehensive framework to safeguard public health, strengthen food systems, and support economic growth through a coordinated, risk-based approach to food safety. Developed under the leadership of the Ministry of…
Reuters – Oil prices rose in early trade on Wednesday, extending the previous session’s surge, as concerns over supply disruption intensified after the U.S. and Iran exchanged strikes overnight, dimming hopes for a quick easing of tensions in the Middle East. Brent crude futures rose 75 cents, or 0.8%, to $95.40 a barrel by 0345 GMT, while…
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