“We need to make every investment count now more than ever,” says UNDP Economist
By Shabiya Ali AhlamAs Sri Lanka is in the midst of exploring all possible avenues to bounce back from the upheaval set in motion by the coronavirus p...
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China puts a city of 10 million ‘on lockdown
A major Chinese city has adopted draconian quarantine measures against the novel coronavirus after a new outbreak was detected there. Mor...
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Furious Donald Trump throws tantrum after CDC boss directly contradicts him at White House press conference
President Donald Trump on Wednesday raged about the coverage of Centre for Drugs Control (CDC) Director Robert Redfield’s interview with The Washing...
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US warships will be destroyed if they threaten Iran: Guards Chief
Dubai. (Reuters), April 23, 2020 - Iran will destroy U.S. warships if its security is threatened in the Gulf, the head of Iran’s elite R...
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Covid-19 cases in SL rise to 330
Seven more Covid-19 infected patients have been identified increasing the total number of infected cases to 330, the Health Ministry said....
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Sri Lankan chef aboard a merchant vessel dies
A Sri Lankan chef aboard a merchant vessel died due to a heart attack today, the Navy said. The Navy said it assisted to disembark the corpse of the c...
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Air pollution in Colombo down by 70 percent
Air pollution in Colombo city and its suburbs had dropped by 70%, while air pollution in other areas has been reduced by 50 percent, senior scientist ...
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WB forecasts 19% decline in remittances to Sri Lanka this year
The worker remittance inflows to Sri Lanka this year are projected to decline by 19 percent year-on-year (YoY), driven by the global economic slowdown...
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SL Tourism post-COVID-19 revival to be executed in two stages
Sri Lanka’s tourism sector’s post-COVID-19 approach to revive the sector has been conceptualised to be carried out in two stages, the Sri Lanka To...
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Oil prices tumble on demand collapse, Brent at 1999 lows
(Tokyo) REUTERS: Oil prices slumped again yesterday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut am...
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What it costs to treat a coronavirus patient
At least 80 per cent of the Covid-19 patients are being treated in government hospitals across India. On an average, treatment of a norma...
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Trump orders Navy to shoot and destroy Iranian gunboats
(rt.com) 22 Apr, 2020 - President Donald Trump has ordered the US Navy to “shoot down and destroy” Iranian gunboats, should they haras...
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Govt. will bring culprits of Easter Sunday attacks to the book soon: Defence Secretary
The Government would bring all culprits who planned, financed and supported the Easter bombing carnage that killed over 270 and wounded over 500 innoc...
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Stranded students arrive
A SriLankan plane carrying 113 Sri Lankan students from Lahore & Karachi, Pakistan landed at the Bandaranaike International Airport (BIA), Katunay...
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COVID-19 infected patient found from Warakapola
A COVID-19 infected person was found from the Warakapola area today increasing the total number of cases to 310 in the country, the Health Ministry sa...
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We will not let extremist violence raise its head again: President
While assuring that he would not leave any room for any form of extremism, or violence from any extremists to be unleashed again, President Gotabhaya ...
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11 families in Piliyandala sent for Quarantine
Health authorities had taken step to quarantine 66 individuals from eleven families in Piliyandala MOH area after a patient infected with COVID-19 was...
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U.S. oil futures plumb historic lows below zero, Brent plunges
LONDON (Reuters) - U.S. oil futures continued to trade in negative territory yesterday, after closing down nearly US$ 40 on Monday in their first ever...
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Easter Sunday attacks cost Rs.150bn to economy erasing 1% of GDP
The Easter Sunday attacks and the tremors felt across the economy in its aftermath cost the Sri Lankan economy a mammoth Rs.150 billion in 2019, trans...
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Year-long prices expected at mid-single digit levels; short-term pressure seen due to supply disruptions
Prices could see a short-term uptrend in April and May amid sputtered supply due to coronavirus-induced lockdowns, but overall prices in the economy f...
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Trump claims to suspend immigration into US
President Donald Trump said late Monday night he will sign an executive order temporarily suspending immigration to the United States as the nation ba...
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