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NBA free agent Ben Simmons is making a second attempt to sell his palatial New York apartment — putting the condo back on the market for the reduced price of $14.99 million.
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Authored by Brandon Smith via Alt-Market.us
In what could be Jerome Powell's final meeting as Federal Reserve chair, he is expected to lead his fellow policymakers toward another cautious pause, with stubborn inflation and a resilient labor market leaving little room yet for interest rate cuts.
Sinking AI stocks and another climb in oil prices helped to halt Wall Street’s record-setting rally.
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1 – a shocking blow to the world’s largest oil cartel that could help drive down gasoline prices.
International remittances and tourism are critical parts of many Pacific island economies. © Reuters
International remittances and tourism are critical parts of many Pacific island economies. © Reuters
The traditional notion is that the political authority is only responsible for running a country efficiently, ensuring benefits for people in terms of economic development , security and welfare. When one party fails in governance, people replace it with another at democratic elections conducted periodically. People…
The Sri Lanka Export Development Board (EDB), in collaboration with the Asian Development Bank (ADB), is making significant progress in the formulation of the National Export Development Plan (NEDP) for the period 2026–2030. This strategic initiative is designed to position Sri Lanka on a path of sustained export-le…
AHC Group has entered into a strategic partnership with the Asia Africa Chamber of Commerce and Industry (AACCI) through the signing of an MoU, marking a significant step towards strengthening international trade and investment ties.
Sri Lanka has taken a significant step toward strengthening its tourism and educational cooperation with China, following an official visit by Deputy Minister Prof. Ruwan Ranasinghe to Sichuan College on April 23.
Earnings from Coconut-based products, Processed Food and Beverages, and Electrical & Electronic Components increased by 20.85%, 26.05%, and 44.18%, respectively, during the first quarter of 2026 compared to the corresponding period in 2025.
In 2025 Sri Lanka achieved a primary surplus of 5.4% of GDP, exceeding the conditionality under the Extended Fund Facility Agreement (EFF) programme entered between the Sri Lankan Government and the International Monetary Fund (IMF) in 2023 which stipulates the country should maintain a primary surplus of 2.3% of GD…
Sri Lanka’s transition to a digitally inclusive economy has moved beyond infrastructure. Terminals, QR codes and mobile applications are now widely available. The real challenge lies in behavioural change, encouraging both consumers and merchants to move away from deeply rooted cash usage habits. According to Crispi…
Ryanair CEO Michael O’Leary warns that some of Europe’s airlines will go out of business if jet fuel prices remain elevated.
In celebration of Administrative Professionals Week 2026, the Sri Lanka Association of Administrative and Professional Secretaries (SLAAPS) had the distinct privilege of visiting the office of David Pine, New Zealand’s High Commissioner to Sri Lanka, Maldives, Pakistan, and Bangladesh recently.
CEAT Kelani Holdings has strengthened its leadership in Sri Lanka’s two-wheeler tyre market with the launch of the X5 series of its premium motorcycle and scooter tyre ranges –‘GRIPP’ and ‘ZOOM’ –which are engineered to deliver higher mileage, enhanced safety and superior performance for modern riding needs.
The Commercial Bank of Ceylon has been named the Asia Pacific regional winner of the Circular Economy Commitment award at the sixth annual Sustainable Finance Awards presented by Global Finance, securing a significant third-party endorsement of the Bank’s commitment to sustainable and responsible banking.
DFCC Bank has entered into a partnership with AlfaNow in Dubai, expanding its remittance network across the Middle East and improving how Sri Lankans overseas send money home.
Exterminators PLC, Asia’s first publicly listed pest management company, today announced a landmark digital transformation in termite control with the launch of the re-engineered Smart Missile 3G.
Rita Asuntha Perera, the mother of Silumina Business Editor Inoka Perera Bandara, passed away on Monday.
As part of ongoing commitment to digital transformation, Peoples Leasing & Finance PLC took a significant step in line with the organisation’s digitalisation strategy by relaunching the Fixed Deposit (FD) e-Certificate.
Prime Constructions (Pvt) Ltd (PCL), the construction arm of the real estate leader Prime Group, has achieved ISO 9001:2015 certification, a milestone showcasing the company’s steadfast commitment to quality, trust, and internationally recognised standards.
Janashakthi Life, a subsidiary of JXG (Janashakthi Group), recently concluded its Annual Sales Awards 2026 at Cinnamon Life, City of Dreams, recognising the outstanding achievements and dedication of its top-performing team members across the island.
Aitken Spence Elevators, in collaboration with CINEC Campus, recently held the Certificate Awarding Ceremony for the latest batch of trainees of the Elevator Serviceman Course at the Elevator Training Centre (ETC).
Hoteliers along Sri Lanka’s Eastern Coast gathered at Sun Siyam Pasikudah on April 10, to confirm a new chapter for the Eastern Coast Hotel Association (ECHA), by appointing Arshed Refai, General Manager of Sun Siyam Pasikudah, as its new President.
LB Finance PLC has secured a USD 15 million senior debt facility from Enabling Qapital Ltd. (EQ), a Switzerland-based impact asset manager, marking another significant step in the Company’s strategic funding journey and reinforcing its commitment to advancing inclusive finance in Sri Lanka.
Pan Asia Bank has been driving innovation to offer both mobility and energy independence. Anticipating the growing challenges surrounding fuel availability and energy costs in the country, Pan Asia Bank took proactive steps to offer customers a forward-looking solution.
SLT-MOBITEL has once again signed with the STEMUP Educational Foundation to conduct the Code Club programme. Entering its sixth year, the partnership continues to transform digital literacy access for students islandwide.
Vietnam’s President To Lam is scheduled to address Parliament on May 8 and this, along with the Parliamentary business, was decided at the meeting of the Committee on Parliamentary Business held on Monday (27) under the chairmanship Speaker Dr. Jagath Wickramaratne, according to Parliament’s Secretary General Kushan…
HNB Senior Vice President/Head of Retail Banking, Kanchana Karunagama and Access Solar Pvt Ltd Director, Prasanna Dissanayake exchange the MoU in the presence of representatives from both organisations.
Sri Lanka’s most Trusted and Innovative media services provider
Sri Lanka’s most Trusted and Innovative media services provider
Sri Lanka’s most Trusted and Innovative media services provider
The Petroleum Dealers’ Association has written to President and Finance Minister Anura Kumara Dissanayake seeking his intervention over changes to the fuel dealers’ commission calculation method and the reduction of commission payments.
The International Finance Corporation (IFC), a member of the World Bank Group, has provided USD 18 million to WindForce PLC to develop Sri Lanka’s first utility‑scale 100‑megawatt (MW) solar power facility, a landmark project that will accelerate the country’s energy transition, strengthen energy security, lower ele…
Amid the volatile and uncertain global geopolitical backdrop, coupled with rising oil prices and cautious investor sentiment, the Colombo Bourse remained largely flat.
Several Finance Ministry officials including the Treasury Secretary Dr. Harshana Suriyapperuma have been summoned before the Committee on Public Finance (COPF) to inquire into the incident in which US$ 2.5 million belonging to the Treasury was transferred to another party through a cyber attack.
With an estimated $5 trillion dollars set to be passed onto the next generation in coming decades, Australians are being urged to think seriously about estate planning.
The United Arab Emirates' exit from OPEC this week will weaken the influence of the cartel and its leader Saudi Arabia on the oil market, a development that could prove bearish for prices over the long term.
Slumping AI stocks and another climb in oil prices because of the Iran war are helping to halt Wall Street’s record-setting rally.
After the past year’s saga between Brandon Aiyuk and the 49ers, it would be reasonable for any team seeking to trade for the troubled receiver and his $120 million contract to want to touch base with him.
It’s not every day that Steve Carrell shows up to hype your neighborhood pizza joint — but for one longtime Los Angeles staple, it’s apparently just business as usual.
Topic:Plastics, Polymers and Rubber Manufacturing
Unions sometimes destroy entire industries when they demand more than companies can afford.
Brisbane’s toll roads, tunnels and bridges delivered almost $600 million in revenue last financial year for Transurban Queensland.
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region
SpaceX’s board of directors has reportedly approved a pay package that would give Elon Musk a massive payday if the company succeeds in establishing a human colony on Mars.