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Land and Irrigation Deputy Minister Aravinda Senarath told Parliament yesterday (06) that the Government has commenced a programme to gradually convert the paddy purchased last season into rice and release it to the market to ensure there won’t be any shortage going forward.
Colombo’s luxury apartment market has officially left its dating phase behind and stepped into a more grown-up investment persona, where decisions in 2026 are driven by performance metrics rather than glossy promises. The proof is in the data, average asking prices for luxury apartments in Colombo’s Central Business…
New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency
Initial shipments bring hope, but ‘Fortress North America’ threat and lack of long-term guarantees leave producers wary of Beijing’s commitment
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German firms are keen to invest more in China as they shy away from the US, but they still face issues in the Chinese market, business group says
The President’s Fund has allocated Rs. 1.925 billion to provide financial assistance to schoolchildren in all districts affected by Cyclone Ditwah. The aid, which includes a Rs. 10,000 grant per student, has been fully disbursed in several districts, with assistance for remaining areas expected soon.
Footage circulating online appears to show black bag on fire and emitting thick white smoke inside train carriage
Firm’s US$1.4 billion IPO records lower oversubscription rate than other recent listings, reflecting a cooling of the red-hot market
While the private sector seeks the next trillion-dollar breakthrough, national governments race to secure the orbital assets that now underpin modern deterrence
Can pet-friendly premises really give Hong Kong’s economy a boost?
Beijing’s hunger for minerals and raw materials is pushing trade in the region to record levels, even after incidents in Panama and Venezuela
Musk’s pursuit of space-based data centres has drawn attention to China’s solar industry, sparking market rallies – and calls for caution
The contribution of Sri Lankan workers in Korea to the country’s economy is commendable, Deputy Speaker of the Korean Parliament, Lee Hack Young said at a meeting held with Minister of Industry and Entrepreneurship Development Sunil Handunnetti, recently.
The Government of Sri Lanka has reaffirmed its development partnership with the World Bank following the official visit of Parameswaran Iyer, Executive Director of the World Bank Group, to Colombo. The visit was announced by the Department of External Resources of the Central Bank of Sri Lanka (CBSL).
Several high-profile investigations are currently underway. Namal Rajapaksa, son of former President Mahinda Rajapaksa, recently appeared at the Criminal Investigation Department regarding alleged links to crime boss “Kehelbaddara Padme.” His mother, Shiranthi Rajapaksa, was questioned by the Financial Crimes Invest…
The Digital Economy Ministry stated that all traffic fines can now be paid on the spot using GovPay, as the system has gone live countrywide.The Ministry added that since its introduction in April 2025, fines amounting to Rs.115 million have been settled through over 86,000 transactions via GovPay. In a statement, t…
Reinforcing its long-term commitment to sustainability, The Commercial Bank of Ceylon has entered into a strategic partnership with GAIA Greenenergy Holdings to expand access to the Bank’s Green Loans and Green Leases, offering employed and self-employed customers more affordable pathways to adopt solar power.
People’s Bank is the Platinum Business Partner for the APB Annual Convention 2026, reaffirming its commitment to leadership, professional excellence and the advancement of Sri Lanka’s banking sector.
Ceylinco Life, Sri Lanka’s life insurance market leader, has concluded the draw of the 19th edition of its iconic Family Savari mega promotion, selecting hundreds of winning families for unforgettable overseas holidays and local leisure experiences, while marking a colourful first with the selection of winners from …
Sri Lanka’s most Trusted and Innovative media services provider
Panama’s move to void CK Hutchison’s deal fuels fears of broader asset seizures, with analysts warning of rising risks for Chinese operators in the US sphere
China Gold Association vows tech breakthroughs in deep mining and nanogold, and a state-owned miner seeks a fourfold increase in gold output from mineral deposits
HKMA launches a direct transfer option for second-hand property transactions, replacing the traditional escrow system managed by law firms
Authorities probe how obsession with K-pop and online games, combined with financial distress, led to a suspected triple suicide outside Delhi
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Clean energy industries drove more than one-third of China’s economic growth in 2025, as they continue to expand rapidly, study finds
First Capital Holdings PLC has donated LKR. 15 million to the Government’s ‘Rebuilding Sri Lanka’ Fund, established to provide relief to communities affected by the cyclone Ditwah.
Court hands down stiff sentence to deter growing abuse of personal bank accounts
The Naxtra battery, more price-stable and cold-resistant than the lithium-ion units now powering most EVs, will undergo its first tests this week
Index compiler MCSI says Indonesia must address ‘fundamental investability issues’ or risk being downgraded from emerging to frontier market
Brussels’ ‘abuse of investigations’ is harming China-EU cooperation and slowing Europe’s green transition, Beijing warns
Southbound Stock Connect inflows provide late-session support, helping the benchmark reverse earlier losses
Mainland China’s issuers will still dominate city’s IPO market, executive says, but US and Southeast Asian companies are also joining in
US restrictions could lead China to turn to higher-priced barrels in other markets, while it continues to reduce its reliance on oil imports
As China’s superconnector, the city can advance space sustainability by offering its legal, regulatory, academic and financial expertise
The “Tech Leaders Connect’ 26” conference, aimed at shaping Sri Lanka’s digital economy over the next decade, was held recently in Colombo.
Dedicated to nurturing talent and empowering Sri Lanka’s future champions, HNB PLC Sri Lanka’s leading private sector bank and the most awarded bank in 2025, has stepped forward as the Title Sponsor of the HNB Novices Age Group Swimming Championships 2026, organised by the Sri Lanka Aquatic Sports Union (SLASU). The…
A new house was built and handed over to a needy family with two young school-going children in Gonagamara, Buttala, yesterday (04) with the initiative and financial donation of Wimal Silva, Chairman of Powernet Pvt. Ltd.
Chinese investment is increasingly focusing on energy and raw materials projects in low and middle-income regions, report finds
छात्रों के लिए डिजिटल ड्रॉइंग, इलस्ट्रेशन, स्टोरीटेलिंग और गेमिंग अब सिर्फ शौक नहीं रह जाएगा. केंद्रीय वित्त मंत्री निर्मला सीतारमण ने बजट 2026 पेश किया. इस दौरान उन्होंने ऑरेंज इकोनॉमी को भारत की उभरती आर्थिक शक्ति बताते हुए क्रिएटिव इंडस्ट्री को बढ़ावा देने पर जोर दिया है. सरकार का फोकस एनिमेशन, विजुअल इफेक्ट्स, ग…
After years at full throttle, China’s EV sector is slowing sharply, with sales sliding in January as tax breaks fade and costs rise
After Comac secures core flight-system supplier for its widebody jet’s ‘brain’, sourcing the ‘heart’ of the C929 remains a lofty challenge
Airline forecasts paying out higher bonuses to eligible staff amid strong financial results and a record customer satisfaction score for 2025
Beijing also vows broader agricultural opening while safeguarding domestic production and farmers
Case could take years to resolve, whether the Hong Kong conglomerate seeks compensation or ruling invalidating the voiding of its contract
But other markets like South Korea could offer stronger near-term returns for international investors, J.P. Morgan Private Bank says
The future of Chinese property looks to be smaller and more rational, with a market defined by real estate’s worth rather than volume
Hosting the bloc for just the third time in 25 years, China is promoting people-centred policies, infrastructure funding and predictability
From analysis on Beijing-Ottawa tariff deal to foreign carmakers set to stage China comeback, here are seven EV stories you may have missed