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Sri Lanka taps UN expertise to reform disaster financing for MSMEs

The United Nations Development Programme (UNDP) and UN Capital Development Fund (UNCDF) is helping Sri Lanka design a crisis ...
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Sri Lanka stocks close slightly higher, as banking, Melstacorp drive turnover

The direct export contribution of SMEs in Sri Lanka is currently less than 5 percent, EDB Chairman Mangala Wijesinghe said, ...
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Sri Lanka rupee flat, bond yields edge up on shorter tenors

Sri Lanka’s rupee was quoted at 309.35/40 to the US dollar in the spot market Monday, from 309.35/45 Friday, dealers said, ...
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AI implementation reduced operational costs, e-commerce head says

ECONOMYNEXT – The head of a Sri Lankan e-commerce platform said the company achieved significant reductions in operational ...
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Sri Lanka’s EDB empowers SMEs to go global with ‘Beyond Borders’ training

A training program for potential exporters and small and medium-scale entrepreneurs was conducted by the Export Development Board (EDB) to better integrate Sri Lanka's SMEs into the international ...
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Sri Lanka stocks trend up in midday trade, interest in Melstacorp

Melstacorp disclosed that it has divested 2,000,000 shares from its current shareholding of 4,252,264,664 shares in the Distilleries Company of Sri Lanka PLC. Melstacorp stock was up 1.79 percent at ...
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AI reduces operational costs at Sri Lanka e-commerce platform

ECONOMYNEXT – The head of a Sri Lankan e-commerce platform said the company achieved significant reductions in operational costs due to AI implementation.