Consumer Affairs Authority calls for reduction of bakery product prices

According to the Consumer Affairs Authority (CAA), the prices of egg-based bakery products should also decrease in line with the reduction in the price of eggs in the market. He further emphasized that steps should be taken to pass this benefit on to consumers. The Chairman of the CAA, Thusitha Indrajith, stated that the price of an egg, which was …

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Duolingo Brings Adventure and AI to Your Language Learning Journey

Duolingo, the leading language learning app, has recently announced exciting new features at its Duocon 2024 conference. The company is adding Video Call and Adventures to its platform, using advanced AI technology to improve the way users learn languages. These new tools aim to make learning more interactive and enjoyable for millions of users around the globe. Duolingo’s focus on …

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Tickets now on sale for the Women’s T20 World Cup

Tickets for the ICC Women’s T20 World Cup 2024 are officially available, giving fans the chance to watch the world’s top Women cricketers battle it out Tickets for the ICC Women’s T20 World Cup 2024, set to be played in the United Arab Emirates from 3 to 20 October, are now available on sale. Purchase tickets for the tournament from …

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Mahinda Siriwardena resumes duties as Finance Secretary

K.M.M. Siriwardena, who was re-appointed as the Secretary to the Ministry of Finance, Economic Development, Policy Formulation, Planning, and Tourism, resumed his duties today (25). Deputy Secretaries of the Treasury, heads of departments under the Ministry of Finance, and other senior officials attended the event.

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Full Story: Fitch Affirms Sri Lanka at Restricted Default; Policy Uncertainty Following Elections

Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘RD’ (Restricted Default) and Long-Term Local-Currency IDR at ‘CCC-‘. Fitch typically does not assign Outlooks to issuers with a rating of ‘CCC+’ or below. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Restructuring Negotiations Ongoing: The sovereign remains …

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