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Citadel's Griffin To Meet With NY Gov. Hochul After Mamdani's Socialist Games

Citadel's Ken Griffin told the audience at the Norges Bank 2026 Investment Conference in Oslo earlier on Tuesday that he is planning to meet with left-wing New York Gov. Kathy Hochul on Thursday to discuss the "future direction" of the state after far-left NYC Mayor Zohran Mamdani singled out Griffin in a promotiona…

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ADB Fact-Finding Mission to review progress of NEDP 2026–2030

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…

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Revenue growth, not expenditure cuts, drives the primary surplus to 5.4% - DailyNews

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…

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Fintech Forum drives behavioural shift to digital payment nation - DailyNews

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…

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CEAT Kelani launches GRIPP X5 and ZOOM X5 premium motorcycle tyres for Lankan roads - DailyNews

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.

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ComBank secures Global Finance Asia-Pacific regional Award for Circular Economy Commitment - DailyNews

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.

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IFC provides USD 18 Mn for 100 MW solar power facility

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…

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Iranian regime targets diaspora with propaganda, financial appeals, analyst says - interview

As the war involving Iran, the United States, and Israel grinds on, Ashkan Rostami, an Italian Persian geopolitical analyst focused on Iran, Israel, and regional dynamics in the Middle East, and a member of the Institute for a New Middle East, said one important part of the story was unfolding far from the battlefie…

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Skylines of uncertainty

IN Metro Manila, a curious phenomenon is unfolding in the city’s central business districts. Observing the skyline from Makati to Bonifacio Global City, one will notice it immediately: the rise of new tall buildings from luxury condominiums to towering new glass office buildings for banks and conglomerates. This new…

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Op-ed: In blocking Meta-Manus deal, China sends a powerful message to U.S. market about AI race

When Meta agreed to acquire Manus, a Singapore-based artificial intelligence startup with Chinese roots for roughly $2 billion last December, many saw the transaction as just another routine deal in today's global technology economy: capital crossing borders, startups relocating to friendlier jurisdictions, and majo…

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BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation

In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure …

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