Friday, April 26, 2024

Lead Story

India’s pharmaceutical exports increase

India’s pharmaceutical exports seem to be kicking the drift. Just when the geopolitical pressures and worldwide demand collapse have led to a reduction in general goods exports, pharma exports soared 9.6% to hit $27.8 billion in FY24.  This is the largest export growth for the pharma segment in the past three years. Authorities said that main categories such as generic formulations (73% of entire exports) and API (active pharmaceuticals ingredients) segments observed healthy growth from critical markets such as the US, Africa, and Europe. The segment of Middle Eastern countries, which is at the center of geopolitical disorder, in total exports...
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‘Viman’ opens doors to Union Bank customers

(Commonwealth) _ John Keells Properties has established a strategic partnership with Union Bank to offer flexible mortgage solutions for its latest project, 'Viman' in Ja-Ela. To strengthen the relationship with Union Bank's customers, John Keells Properties hosted an exclusive event on 6 March at its head office on Vauxhall Street, Colombo 2, allowing attendees to tour the Viman model apartment and engage with the experienced sales team. Union Bank Partnership...

Daintee’s four decades of sweet success

(Commonwealth_ Daintee, a subsidiary of Sunshine Consumer Lanka Ltd. (SCL), celebrated its 40th anniversary with a grand event on 1 April 2024. The celebration marked four decades of excellence in crafting delicious sweets and confectionery delights for millions of Sri Lankans. The event was attended by Sunshine Holdings Deputy Chairman Vish Govindasamy, Sunshine Consumer Lanka CEO Anuruddha Aluvihare, senior management of Sunshine Holdings and SCL, Daintee employees, and other...

Musk vs Australian Govt

In a clash that has captured global attention, a confrontation has arisen between tech magnate Elon Musk, owner of the social networking platform X, and the Australian government. The dispute revolves around the platform's refusal to comply with a takedown request issued by Australia's e-safety commissioner regarding a video depicting a recent violent incident in Sydney. At the heart of the matter is the Australian government's concern that the dissemination...

Privileged females in the UK smoke more

Europe, UK (Commonwealth Union) – A recent study conducted by UCL researchers suggests that smoking among women under 45 from more privileged social backgrounds in England has seen an uptick over the past decade. The researchers honed in on women aged between 18 and 45, recognizing these years as particularly critical for pregnancy and acknowledging the heightened risks associated with smoking tobacco during this stage. This trend starkly contrasts with their...

Chatbot for Anzac Day

In a bid to commemorate Anzac Day and educate the public about the experiences of soldiers during World War I, Queensland's state war memorial website launched an innovative AI chatbot named Charlie. Programmed to embody the persona of a 19-year-old former soldier, Charlie provided insights into life in the trenches, emphasizing the themes of mateship and sacrifice integral to the war narrative. However, less than 24 hours following its launch,...

Deakin-IIMB collaboration strengthens

Deakin University, a distinguished Australian institution consistently ranked within the top 1% globally, and the esteemed Indian Institute of Management Bangalore (IIMB), a leading business school renowned for its academic prowess, have forged a strategic alliance aimed at advancing academic excellence and fostering research innovation. The formalization of this collaboration, sealed through an agreement signed by representatives from both institutions, signifies a profound commitment to enhancing international cooperation and...
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