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Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary

Central Bank of Sri Lanka Issues Rs. 2000 Commemorative Currency Note to Mark 75th Anniversary The Central Bank of Sri Lanka (CBSL) today issued a Rs. 2000 circulated commemorative currency note in celebration of its 75th anniversary. The launch of this special note reflects the milestone theme, “Stability for Prosperity,” underscoring CBSL’s continued commitment to […]

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Sri Lanka Aims for 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka is setting ambitious economic goals, targeting 6% GDP growth by 2026. This projection is supported by a record capital expenditure of 1.4 trillion rupees (approximately $4.64 billion) allocated for infrastructure development and investment. However, the outlook for 2025 appears more modest, with growth expectations ranging between 4% and 4.5%, primarily due to delays […]

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IonQ’s $1.075B Acquisition of Oxford Ionics: A Quantum Leap in Computing

In a significant move within the tech industry, IonQ, a leader in quantum computing, has announced the acquisition of Oxford Ionics, a UK-based quantum startup, for $1.075 billion. The deal comprises approximately $1.065 billion in IonQ stock and $10 million in cash, subject to customary closing adjustments. This acquisition positions IonQ as a formidable player […]

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