Adopting Change for Entrepreneurial Growth Gross domestic product (GDP) is an indicator that measures the total value of goods and services

Gross domestic product (GDP) is an indicator that measures the total value of goods and services generated in a given country over time. Sri Lanka’s Gross Domestic Product (GDP) is a dynamic composite of three primary economic sectors: agriculture, industry, and services. Each sector contributes uniquely to national income, employment generation, and economic stability. Agricultural activities exhibited a notable resurgence, …

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How turmeric can be used to attract wealth and remove negativity

Turmeric, a vibrant yellow spice often found in kitchens, goes beyond its culinary uses to play a role in traditional practices associated with attracting wealth and dispelling negativity. Known for its rich cultural and medicinal significance, turmeric is revered not only for its flavor but also for its perceived auspicious properties. In various cultures, turmeric has been considered a symbol …

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The reason for the coconut shortage is that no government has had a proper policy to develop coconut cultivation – PM

Prime Minister Dr. Harini Amarasuriya stated in Parliament yesterday (05) that the coconut shortage has arisen due to the fact that no government has had a proper policy to develop coconut cultivation. The Prime Minister stated that the current government is formulating a proper policy to develop coconut cultivation and that several short-term programmes are being followed in this regard.She …

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Investing in Farmers for Ecosystem Services: A Path to Healthy Soils

According to Rattan Lal, Distinguished University Professor of Soil Science at Ohio State University and an Inter-American Institute for Cooperation on Agriculture (IICA) Goodwill Ambassador, farmers are the key to recovering the world’s soils. However, in order for them to carry out this function, players in the food and agriculture systems must financially support their initiatives. During a fireside chat …

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Is screen time and stress contributing to rise of cancer in younger population?

The rapid advancement of technology, combined with the changing lifestyles of the younger population, has brought about new health concerns, such as the possible relationship between increased screen time, stress, and the increase in cancer. Cancer has long been a disease associated with older people, but the increasing rate of the disease among younger people calls for the investigation of …

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Money market returns to surplus after two years

Sri Lanka’s domestic money market liquidity recorded a surplus of Rs. 168.1 billion by the end of December 2024, marking the first positive liquidity balance in two years. The Central Bank attributed this shift primarily to foreign exchange purchases and swap transactions. According to the Market Operations Report, liquidity conditions in the domestic money market have been improving since April …

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Digital government payments to launch

The initial step in the digitalisation of government services, ‘GovPay’, will be officially launched under the patronage of President Anura Kumara Dissanayake on Friday (7). This platform is expected to streamline and modernise transactions conducted through government institutions, enabling seamless and secure transactions through an efficient digital system, the President’s Media Division (PMD) said. The Information and Communication Technology Agency …

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ADB-SLTDA introduce e-learning platform to enhance homestay mgmt

The Sri Lanka Tourism Development Authority (SLTDA), in collaboration with the Asian Development Bank (ADB), has launched an innovative e-learning platform aimed at improving the management and operational standards of homestays across Sri Lanka. The initiative is part of ADB’s technical assistance programme (TA 9881 SRI: Supporting Tourism Resilience) and is designed to build resilience and sustainability within the tourism …

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Coconut industrialists urge shift to processed products for export revenue growth

Coconut Milk Manufacturers’ Association (CMMA) President Randeewa Malalasooriya says that the nation’s coconut industry has the potential to bring in $ 2.5 billion as revenue up from the current industry average of $ 850 million. Malalasooriya further stated that the country must improve the annual coconut production to 4.5 billion nuts in the long term while also focusing on the …

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Towards the Agripreneurship in Sri Lanka

Many Sri Lankans rely on agriculture as their primary source of income and it is contributing significantly to the country’s economy. And also agriculture has an unchanging demand, mainly due to its heavy contribution to food security. It is one of the key sectors that offers significantly to the development of any country’s economy, interacting with other sub-sectors related to …

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