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AI in aisles: Why the future of retail still needs a human smile

Srilanka, July 20 -- Walk into any supermarket in Colombo today, and you'll see a glimpse of tomorrow - self-checkout counters, digital loyalty apps, and smart inventory systems. From billing to back-... Read More


Oil prices to surge if Trump cuts Russian oil funds

Srilanka, July 20 -- US President Donald Trump is trying again to end the war in Ukraine - not by targeting Russia, but by hitting the countries that buy Russia's oil. Top of that list? China and Ind... Read More


Trump says Fed boss firing 'highly unlikely'

Srilanka, July 20 -- President Donald Trump has said it is "highly unlikely" he will fire the head of the US central bank, hours after asking lawmakers whether he should sack Jerome Powell. Stock mar... Read More


Stocks regain as tariff talks begin

Srilanka, July 20 -- Shares at the Colombo Stock Exchange moved up as talks to reduce tariffs with the US were set to begin yesterday. The ASPI rose 96.85 points, to 18,973, on Friday; while the S&P ... Read More


'Viewing deck in disarray'

Srilanka, July 20 -- The viewing deck at Galle Face Green which offers a wide view of the Indian Ocean and relaxation with the ocean breeze was in an appalling state last week needing a face-lift and ... Read More


US tariff talks begin

Srilanka, July 20 -- The Government began discussions on US tariff reduction after US President Donald Trump slapped a 30% tariff at the completion of the 90-day pause which ended on July 9. The team... Read More


An innovative investment environment, key to reach US$5 bn revenue target - SLASSCOM Chairperson

Srilanka, July 20 -- The Sri Lanka Association of Software Services Companies (SLASSCOM), a driver of innovation, knowledge and growth for the IT industry, targets US$5 billion in revenue in the comin... Read More


Sri Lanka and Egypt explore potential for FTA/PTA

Srilanka, July 20 -- Sri Lanka and Egypt have maintained strong bonds for centuries and the ties have been further strengthened with both countries extending invitations to each other for investments.... Read More


Around 1.5% of GDP could be saved if country moves to digital payments - LankaPay CEO

Srilanka, July 20 -- The economy losses about 1.5% of the GDP annually to manage cash which includes ensuring security while handling and transporting cash and operating cash dispensation machines sai... Read More


BOI records 101% growth in FDIs in 1H

Srilanka, July 20 -- Refuting claims that the country hasn't received any Foreign Direct Investments (FDIs) this year other than what it had received from last year's approved projects, the Board of I... Read More