Vietnamese firm Viettel’s 5G claim raises eyebrows outside
(UTV|HANOI) – A Vietnamese firm’s claim to be a fresh force in 5G network equipment is being treated with scepticism by industry experts. Last week,...
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Trade deficit contracts in first 11 months of 2019
(UTV|COLOMBO) – During the first eleven months of 2019, the trade deficit contracted compared to the corresponding period in 2018, as a result of the...
EU extends GSP Plus until 2023
(UTV | COLOMBO) – The European Union has announced that it has decided to extend the GSP Plus facility for Sri Lanka to 2023. Meanwhile,...
China’s economic growth hits three-decade low
(UTV|COLOMBO) – China’s economy grew last year at the slowest pace in almost three decades. Official figures show that the world’s second largest economy expanded...
President limits allowances, vehicles of State Sector Heads
(UTV | COLOMBO) – The Presidential Secretariat has issued a Special Circular limiting the allowances and other facilities of Chairmen and the Directors of Government...
Twitter to test ‘block all replies’ function
(UTV|TWITTER) – Twitter has said it will test new features that allow users to control who can reply to their posts – or block replies...
Sri Lanka stocks fall due to Middle East crisis
(UTV|COLOMBO) – Sri Lanka’s stock market indices fell significantly on Wednesday due to rising tension in the Middle East. The All Share Price Index (ASPI)...
Sri Lanka shares slip as financials, consumers stocks weigh
(UTV|COLOMBO) – Reuters – Sri Lankan shares fell on Tuesday to their lowest in nearly eight weeks, dragged by financial and consumer staples. ** The...
President tells EU to look positively at Sri Lanka
(UTV|COLOMBO) – President invited all countries to look positively at Sri Lanka as an investment hub when a delegation representing the European Union (EU) called...
Rethink about credit disbursement policies; shift from ‘risk averse’ mindset – CBSL Governor
(UTV|COLOMBO) – Central bank chief Monday (06) urged banks to rethink their credit disbursement policies, as the traditional ‘risk averse’ mindset has deprived emerging entrepreneurs...