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Land values in Colombo District continued their upward trajectory in the second half of 2025, with the Land Valuation Indicator (LVI) recording a 10.6% year-on-year increase, according to the statistics of the Central Bank of Sri Lanka (CBSL).
Efficient, transparent digital economy envisaged Starlink, ‘e-BMD’ projects running smoothly
HNB Group delivered strong performance in 2025, with Group Profit After Tax (PAT) reaching Rs 49.8 Bn, reflecting the continued progress. The Bank’s PAT stood at Rs 45.4 Bn, supported by robust balance sheet expansion and sustained improvements in asset quality.
People’s Bank has announced the strongest financial performance in its history for the year ended December 31, 2025, reporting an all-time high standalone Profit After Tax (PAT) of LKR 40.2 billion.
India’s growth as the third largest economy in the world has been possible not just because of the country’s leadership, but also due to the hard work of its people, and this would enable the collective growth of the Asian continent, Senthil Thondaiman, leader of Ceylon Workers’ Congress, has said.
The Foundation For A Good Life (Guarantee) Limited (TFGL), in partnership with Good Life X (GLX), recently launched the ‘Hyacinthesis’ Accelerator — an eight-month, market-driven programme designed to transform Sri Lanka’s growing water hyacinth problem into a source of sustainable livelihoods and circular innovation.
HNB Assurance PLC reported an outstanding financial performance for the year ended December 31, delivering a 42% year-on-year growth in Life Insurance Gross Written Premium (GWP), this along with the growth rate in Renewals are the highest in the industry.
Bank of Ceylon (BOC) concluded the financial year ended 31st December 2025 with a landmark performance, achieving a Profit After Tax (PAT) of Rs. 76.0 billion, 18% increase over the previous year, while Profit Before Tax (PBT) reached Rs. 120.8 billion. Beyond financial growth, this year marked a pivotal shift towar…
Knuckles Spring Water bottled and marketed by CPC Lanka, a fully owned subsidiary of Cargills (Ceylon) PLC, has recently introduced Sri Lanka’s first tethered bottle cap to the market.
Sri Lanka’s most Trusted and Innovative media services provider
The owners of a Brisbane bayside shopping centre who benefited from a council decision to cancel a rival project are now selling the “blue chip” site.
The government made significant changes to the 5% Deposit Scheme on October 1. (ABC News: Keana Naughton)
Nassim Khadem is an award-winning multimedia journalist. She reports on business news across online, radio and TV for ABC News. Her recent reporting has also focused on international affairs, including Iran's protest movement. Nassim began working as a journalist with The Age in 2003, including as that newspaper's e…
After yesterday's mediocre 5Y auction, we had just one coupon sale left: 7Y paper at 1pm today. And with today's wholesale post-Nvidia, risk-off move it was expected to be an easy sale, which is more or less what it was.
Nvidia’s latest blowout profit report is getting waved off by Wall Street on Thursday, and it’s dragging the US market down even though most stocks are rising.
Topic:Regulatory Authorities
At the time this article was written, the United States was moving large forces to the Middle East. Many units of the American navy, air force, and land forces were preparing themselves for war, and many intelligence resources were being deployed to prepare and enrich the bank of targets.
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, visiting lecturer at the Institute of Social Sciences of the Russian Presidential Academy of National Economy and Public Administration
The United Kingdom’s government is investing in spyware developed and tested on Palestinians in Gaza and the occupied West Bank despite its public criticism of Israeli action there.
Chelsea won the first edition of the revamped Fifa Club World Cup last July, but have also beaten their rivals to the title of biggest financial losers
Iran is weighing economic incentives to entice US President Donald Trump as nuclear negotiations with Washington continue, the Financial Times has reported.
Israeli security forces shot dead a 14-year-old boy in the Fara refugee camp in the occupied West Bank, and stood around as he bled out, CCTV footage revealed by the BBC shows.
THE Digital Economy Framework Agreement (DEFA) — being finalized by the Association of Southeast Asian Nations (Asean) — was expected to double the region’s digital economy to $2 trillion by 2030.
Shell Lubricants has once again been ranked the world’s leading global supplier of finished lubricants, marking its 19th consecutive year at the top of the industry, according to the ‘Global Lubricants: Market Analysis and Assessment 2025’ report by Kline & Company. This recognition maintains Shell’s leadership whil…
Finance super app GCash, together with Manulife Investment Management and Trust Corporation (Manulife Investments Philippines), is expanding Filipinos’ access to the global property market by introducing Real Estate Investment Trust (REIT) funds and other income-paying unit investment trust funds (UITFs) within the …
SINGAPORE ꟷ Southeast Asia’s top ride-hailing and delivery firm, Grab, is betting on artificial intelligence (AI) and expansion of new services such as online groceries and financial products to triple profit by 2028, the company’s president told Reuters.
THE Philippines and the Asean region are poised for stable growth in the upcoming years. In order to sustain this, both must rise to the challenges in the complex global and geopolitical trends that shape its current economy. This was elucidated by Yasuto Watanabe, director and CEO of the Asean+3 Macroeconomic Resea…
The handset’s launch in Madrid marks Huawei’s renewed push into the global smartphone market
Citi was recognized as the Philippines’ Best Transaction Bank in the Euromoney Transaction Banking Awards 2025, highlighting the strength of the franchise in supporting clients in the areas of e-commerce, bank-to-bank cross-border flows, and digital trade solutions. “As a global bank, Citi endeavors to consistently …
Francesca Albanese, the U.N. special rapporteur for the West Bank and Gaza, is interviewed by the Associated Press in Rome, July 29, 2025. (AP Photo/Gregorio Borgia, file)
RT’s Charlotte Dubenskij has met Mohammed ‘Dodi’ Assad, a five-year-old boy from the West Bank city of Ramallah, who has been battling acute blood and bone marrow cancer.
Secretary of the Treasury Scott Bessent speaks during an interview following President Donald Trump’s State of the Union address to a joint session of Congress in the House chamber at the U.S. Capitol in Washington, Tuesday, Feb. 24, 2026. (AP Photo/Rod Lamkey, Jr.)
Workers repair the destroyed DTEK company’s power plant after a Russian missile attack on the country’s energy system in an undisclosed location in Ukraine, Monday, Feb. 9, 2026. (AP Photo/Sergei Grits)
Economists optimistic for 2026-27, pointing to stabilised property market and transfer of finances between government funds or accounts
The international community’s lack of action in taking punitive action against Israel over its pervasive breaches of international law in the occupied West Bank has contributed to making the annexation of Palestinian territory an “irreversible” reality, Amnesty International has said.
US equity futures managed to erase overnight losses and were trading flat after Nvidia and Salesforce failed to assuage fears about an overheated AI economy while traders awaited color from today's round of US / Iran talks. As of 8:00am S&P futures were unchanged and nasdaq futures were down 0.1%, with NVDA up 1% pr…
Initial jobless claims continue to hover near multi-decade lows, refusing to show any signs of labor market stress.
Angola's state-owned oil company Sonangol announced Wednesday it is negotiating a $4.8 billion loan with Chinese financial institutions to partially finance a new refinery in the Atlantic port of Lobito, marking the country's first such borrowing from China since 2017.
Financial Secretary Paul Chan says issuance of ‘tertiary education bond’ in supporting University Town’s construction would be considerable
No financial details of deal with Saudi-owned club
The city’s commercial property market remains on a sustained downturn, as rents continue to fall and vacancy rates soar
Former ICBC chairman Chen Siqing says alternatives needed due to risk of financial weaponisation in US dollar-centric world
Egyptians walk past a poster depicting U.S. dollars and other currencies outside an exchange office in Cairo, Egypt, Thursday, Jan. 12, 2023. (AP Photo/Amr Nabil, File)
Behind high hedgerows in Windsor Great Park, Royal Lodge sits secluded, its pale stucco facade largely shielded from passing eyes.
EV car dealer says sales surged seventeenfold across 12 stores on Wednesday, jumping from daily average of 20 cars to about 340 by morning
BBC and Financial Times among those calling for frameworks to help publishers gain control over their content being ‘scraped and copied’
Markets assuming Trump will chicken out and downplaying risks contribute to the normalisation of Trump’s chaotic behaviour
Experts say committee proposed in the latest budget needs diverse panel of voices and be ‘action-driven’ to adapt to fast-moving industry
MPs have questioned whether the GST rise was necessary after the government projected a US$12 billion surplus in the current financial year
In the second episode of a new series, reporter Matthew Cassel travels across the West Bank to document what daily life looks like under deepening Israeli occupation. In this episode he travels from Bethlehem to Nablus, to ask those living there if a Palestinian state is possible amidst an increasingly entrenched se…