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Netanyahu defends new military offensive in Gaza and says it will be wider than announced

35% Center coverage: 154 sources

The prime minister also said he had directed Israel’s military in recent days to “bring in more foreign journalists”. Israel “has no choice but to finish the job and complete the defeat of Hamas," Prime Minister Benjamin Netanyahu said on Sunday.See the Story

Vietnam’s ROX Group seeks assistance to establish industrial zone in Sri Lanka: PMD

ECONOMYNEXT – Representatives of Vietnam’s ROX Group have met Sri Lanka President Anura Dissanayake to ‘express their readiness to make investments’ in the island nation, the president’s media division said. “They sought government assistance to establish an industrial zone and indicated interest in the renewable energy and real estate sectors,” the PMD said. The visit, the PMD said, aimed to identify suitable land and secure the necessary insti…Cricket · Colombo See the Story

Sri Lanka approves over 62,000 state jobs in last eight months: Minister

Sri Lanka President Anura Kumara Dissanayake says Sri Lanka must move away from being a country where the government simply provides jobs and instead become a nation that creates them. Speaking at the “Youth Club” National Youth Convention at the Sugathadasa Indoor Stadium in Colombo this morning (August 12), the President said that nearly 30,000 Sri Lankan men and women are working in the Maldives, but not in government roles. He pointed out th…Cricket · Sri Lanka See the Story

Sri Lanka deflation not a concern, economy growing: CB Governor

ECONOMYNEXT – Sri Lanka’s recent deflation is not a concern as the economy is growing at a ‘healthy’ rate, Central Bank Governor Nandalal Weerasinghe said. “We are gradually coming back to our target for from the deflation,” Governor Weerasinghe said. “It is not a concern because as long as the economy is growing at a healthy rate, deflation is not a concern. “Temporary period of deflation is good, especially after the spike in inflation and ver…Economy · Colombo Read Article

Sri Lanka stocks up 0.25-pct, pushed by banks

ECONOMYNEXT – The Colombo Stocks Exchange’s All Share Price Index (ASPI) moved 0.25 percent ending a highly volatile day, brokers said. “We had a bit of selling pressure at the start of the day, but market recovered on buying interest,” Dimantha Mathew, Chief Research and Strategy Officer at First Capital Holdings PLC said. “Banks led the way.” The ASPI climbed 49.77 points higher from Monday to 19,972.79; while the S&P SL20 index ended 0.03 per…Stock Markets · Colombo Read Article

India, Sri Lanka to conduct Navy exercise SLINEX-2025

ECONOMYNEXT – Sri Lanka and India are set to conduct an annual bilateral maritime exercise, SLINEX-2025, in Colombo from August 14-18. The 12th annual Indian Navy and Sri Lanka Navy (SLN) exercise will be conducted in two phases; a harbour phase and a sea phase, the Indian High Commission said. “SLINEX-2025 aims to enhance inter-operability, improve mutual understanding and exchange best practices/ procedures in multi-faceted Maritime operations…Cricket · Colombo Read Article

Sri Lanka 2032 bond bids rejected, 2035 bonds undersold

ECONOMYNEXT – All bids for a 40 billion rupee offer of 2032 January 01 bonds were rejected, and 2035 bonds were undersold at an auction Tuesday, data from the state debt office showed. The debt office offered 25 billion rupees of 2035 June 15 bonds and 18.53 billion rupees were sold at a weighted average yield of 10.97 percent. Before the auction 15.12.2032 were quoted at 10.25/35 percent. 2034 September bonds were sold at 10.81 percent on July …Cricket · Colombo Read Article

Sri Lanka Cabinet approves to call floating solar power consultancy

Sri Lanka has taken a step towards diversifying its renewable energy mix by approving a proposal to hire a consultancy firm to explore the feasibility of floating solar power projects, Cabinet Spokesman and Minister of Health and Media Nalinda Jayatissa announced. The move aims to accelerate the island nation’s goal of achieving 70 percent renewable energy by 2030 and complete carbon neutrality by 2050. The initiative is part of the government’s…Cricket · Sri Lanka See the Story

Sri Lanka to map its rubber plantations using GIS

ECONOMYNEXT – Sri Lanka will geo-locate rubber lands of small estate owners across the country and create a detailed database using Geographic Information System (GIS) technology, Minister Nalinda Jayatissa said. This is in response to the EU Deforestation Regulation (EUDR) that must be complied with when exporting rubber and rubber-related products to the bloc, a major market for Sri Lankan rubber, he said. “Sri Lanka will also have to comply w…Cricket · Colombo Read Article

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Israeli Strike Kills Five Al Jazeera Journalists Near Gaza Hospital

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Netanyahu defends new military offensive in Gaza and says it will be wider than announced

Vietnam’s ROX Group seeks assistance to establish industrial zone in Sri Lanka: PMD

Sri Lanka approves over 62,000 state jobs in last eight months: Minister

Sri Lanka deflation not a concern, economy growing: CB Governor

Sri Lanka stocks up 0.25-pct, pushed by banks

India, Sri Lanka to conduct Navy exercise SLINEX-2025

Sri Lanka 2032 bond bids rejected, 2035 bonds undersold

Sri Lanka Cabinet approves to call floating solar power consultancy

Sri Lanka to map its rubber plantations using GIS

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Vietnam’s ROX Group seeks assistance to establish industrial zone in Sri Lanka: PMD

Sri Lanka approves over 62,000 state jobs in last eight months: Minister

Sri Lanka deflation not a concern, economy growing: CB Governor

Sri Lanka stocks up 0.25-pct, pushed by banks

India, Sri Lanka to conduct Navy exercise SLINEX-2025

Sri Lanka 2032 bond bids rejected, 2035 bonds undersold

Sri Lanka Cabinet approves to call floating solar power consultancy

Sri Lanka to map its rubber plantations using GIS