Business

China says its development is an opportunity, not a challenge, for Australia

China says its development is an opportunity, not a challenge, for Australia

China points out that its development is an opportunity, not a challenge, for Australia. The Australia-China Industrial and Commercial Commission recently released a report titled "Benefits of Trade with China for the Australian People." Chinese Foreign Ministry spokesperson Lin Qian expressed his views on this report yesterday (2nd). He stated that the report reflects that trade relations with China have brought great benefits to the Australian people, as evidenced by the cited data and information.…
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Revenue of Colombo Port in the First Quarter Exceeds USD 50 Million

Revenue of Colombo Port in the First Quarter Exceeds USD 50 Million

The Colombo Port has shown significant progress in operational performance this year, recording an impressive growth rate, according to K.D.S. Ruwanchandra, Secretary of the Ministry of Ports, Shipping, and Aviation Services. He highlighted that in the first quarter of this year, the Colombo Port achieved a revenue of USD 50 million. K.D.S. Ruwanchandra mentioned this while participating in a media briefing at the Presidential Media Center. Meanwhile, he also noted that aviation operations have reported…
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Sri Lanka and Japan Discuss New Funding for Carbon Reduction Projects.

Sri Lanka and Japan Discuss New Funding for Carbon Reduction Projects.

Sri Lanka and Japan have held talks regarding new financial support aimed at reducing carbon emissions, as well as resuming previously halted projects, according to a statement from President Ranil Wickremesinghe's media office. The discussions included an agreement between Sri Lanka and its official creditors to restructure bilateral debt, which enables Japan to provide new loans and restart suspended initiatives. The meeting focused on funding through Japan’s Joint Credit Mechanism (JCM), which supports projects aimed…
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Uber is making big changes to its app in California as new gig work law goes into effect

Uber is making big changes to its app in California as new gig work law goes into effect

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