Johnston's son remanded - DailyNews
Johan Fernando, the son of former Minister Johnston Fernando, who was arrested by the Police Financial Crimes Investigation Division (FCID) and produced before court, has been remanded.
· Thushan Jayasuriya
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Newest first · UTC+11:00China rolls out trade-in funding for 2026 as campaign to spur spending continues
The programme, which has helped stimulate consumption increases, will continue to subsidise purchases of big-ticket goods and refurbishments
· He Huifeng
Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook
Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit
· Daniel Ren
Johnston's son produced before court - DailyNews
Johan Fernando, the son of former Minister Johnston Fernando, who was arrested yesterday (30) by the Financial Crimes Investigation Department (FCID), was produced before the Wattala Magistrate’s Court today.
· Thushan Jayasuriya
Hong Kong restaurants, bars gear up for packed 2026 countdown parties
Lan Kwai Fong’s restaurants and bars nearly 90 per cent booked, while seaview eateries in Kowloon could take a hit from cancelled fireworks show
· Edith Lin
NDB hosts Education Expo at Kandana Branch - DailyNews
NDB Bank concluded an exclusive Education Expo at its Kandana branch, designed specifically for the Bank’s Privilege and Elevate clientele.
· Gayan Abeykoon
China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market
Listing aims to fund wafer expansion and DRAM upgrades as Beijing drives tech self-reliance
· Themis Qi
China’s factory activity breaks 8-month contraction, but headwinds persist
China’s manufacturing PMI rose to 50.1 in December, but analysts said it was too early to point to a sustained recovery
· Xinyi Wu
Thieves drill into German bank vault, steal Euro 30 million in overnight heist - DailyNews
Police in Gelsenkirchen, Germany, are investigating a sophisticated bank robbery in which burglars reportedly stole around €30 million from a Sparkasse branch. Authorities described the break-in as highly professional, requiring careful planning, inside knowledge, and significant criminal resolve.
· Thushan Jayasuriya
Protests spread across Iran for third day after currency hits record low - DailyNews
Protests and strikes in Iran over inflation and currency devaluation have spread from the capital, Tehran, to several other cities on a third day of unrest.
· Thushan Jayasuriya
India overtakes Japan as fourth largest economy - report - DailyNews
India has surpassed Japan to become the world’s fourth-largest economy, according to calculations in the Indian government’s end-of-year economic review.
· Thushan Jayasuriya
Xi renews call to boost grain output after trade war sharpens food security push
Beijing renews push to fortify domestic crop supplies and modernise agriculture amid a tense geopolitical climate
· Xinyi Wu
Exclusive | US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount
The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak
· Peggy Ye
Sri Lanka should build better in 2026 - DailyNews
The passing year was a success for the current government in terms of fiscal consolidation as acknowledged even by the International Monetary Fund (IMF). With the continuation of the IMF programme with calibration, the government achieved targets regarding revenue collection, the primary surplus, the current account…
· Gayan Abeykoon
Johnston’s son arrested over misuse of Sathosa property - DailyNews
Johan Fernando, the son of former Minister Johnston Fernando, was arrested yesterday (30) by the Financial Crimes Division on charges of misappropriation of government property.
· Gayan Abeykoon
Keynote address by BOC Chairman Kavinda de Zoysa at World Marketing Forum - DailyNews
The Chairman of Bank of Ceylon delivered a keynote address at the World Marketing Forum, presenting a unified and forward-looking perspective on marketing, finance, technology and Sri Lanka’s accelerating economic recovery.
· Gayan Abeykoon
Seylan Islamic Banking extends support to OrphanCare Trust - DailyNews
Seylan Bank’s Islamic Banking Unit recently extended its support to OrphanCare Trust, contributing LKR 1 million from its charity fund to strengthen the organisation’s ongoing efforts in supporting orphaned youth as they transition into independent life.
· Gayan Abeykoon
Assetline Finance expands branch in Gampaha - DailyNews
Assetline Finance (AFL), the flagship company under the financial services arm of David Pieris Holdings, demonstrated momentum in reaching communities through its expansion journey with the opening of the 61st branch in Gampaha, located at Colombo Road.
· Gayan Abeykoon
India doubles financial commitment to three Housing Projects in Northern and Southern Provinces - DailyNews
Among numerous other projects under its High Impact Community Development Projects (HICDPs) framework in Sri Lanka, Government of India (GoI) has been extending financial assistance to three housing-sector projects: Gram Shakthi Northern, Gram Shakthi Southern I and Gram Shakthi Southern II, under Memoranda of Under…
· Gayan Abeykoon
ComBank and Mastercard launch Lanka’s first Dynamic Currency Conversion for online payments - DailyNews
As part of Commercial Bank of Ceylon’s sustained efforts to strengthen tourism-related businesses and improve convenience for foreign travellers, the Bank has partnered with Mastercard to introduce Sri Lanka’s first Dynamic Currency Conversion (DCC) capability for online payments, marking a significant milestone in …
· Gayan Abeykoon
ACL FireGuard receives highest national fire safety standard - DailyNews
For over two decades, safety has been more than a requirement for ACL Cables PLC., it has been a responsibility. Long before fire safety standards were mandated or formally regulated, ACL introduced FireGuard cables to the Sri Lankan market, setting a benchmark for flame-retardant performance at a time when such mea…
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 30.12.2025 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
‘Ocean’s Eleven’ gang steals millions in cash, gold and jewellery from German bank
Thieves use quiet Christmas period to drill their way into vault, smash open more than 3,000 safe deposit boxes and make off with the loot
· Agence France-Presse
2026: Iran zwischen Sanktionen, Inflation und Krisen
Aus Protest gegen die desolate wirtschaftliche Lage im Iran haben die Händler in der Hauptstadt Teheran ihre Geschäfte seit dem vergangenen Wochenende geschlossen. Augenzeugen berichteten von großen Straßenprotesten (Artikelfoto). Präsident Massud Peseschkian habe von berechtigten Anliegen gesprochen und das Innenmi…
· Elina Farhadi
Beijing trims property resale tax in fresh push to stabilise housing market
Under new rules, sellers will pay just 3 per cent VAT if they offload a property within two years of purchase, down from 5 per cent
· Enoch Yiu
Germany: €30 million stolen in elaborate bank vault heist
Investigators estimate that burglars stole about €30 million during a break-in at a bank in the western city of Gelsenkirchen, police said on Tuesday.
· Richard Connor
آلمان: غلو له یو بانک څخه ۳۰ میلیونه یورو غلا کړي
د پولیسو په وینا غلو د بانک د خزانې یوې خونې ته د دننه کېدو له پاره له ېوې اوږدې برمې استفاده کړې ده.
· محمد کریم صالح
All Hong Kong retail banks to offer anti-scam service, locking cash in accounts
‘Money Safe’ users will have to meet a bank employee to undergo verification process to ensure their funds are not going to scammers
· Jess Ma
Hang Seng Bank to leave Hang Seng Index after 53 years if buyout passes
Brokers say the well-established benchmark is unlikely to be affected, as shareholders are poised to back HSBC’s privatisation plan
· Enoch Yiu
How China is upgrading its digital yuan for the stablecoin era
Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally different system
· Ji Siqi
Cyprus back at the helm of EU Council presidency
When the Republic of Cyprus first took over the Council presidency in 2012, the European Union was struggling to contain the fallout of a financial crisis that was approaching its peak. The eurozone and its cohesion were under constant pressure, while countries such as Greece, Spain, Portugal and Ireland were in fin…
· Loucianos Lyritsas
India overtakes Japan as 4th-largest economy, report says
India has surpassed Japan to become the world's fourth-largest economy, according to calculations in the Indian government's end-of-year economic review.
· Richard Connor
Hong Kong set to unveil bottled water probe results, take disciplinary action
Financial Services and Treasury Bureau says review of government’s procurement system and related disciplinary investigation is concluded
· Willa Wu
Inflation, corruption top concern among Filipinos | The wRap
Here are today’s headlines – the latest news in the Philippines and around the world:
China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up
Local officials want to embed cutting-edge tech across society in coming five-year plan
· Frank Chen
Iran : les commerçants dénoncent la dégradation économique
L'Iran souffre depuis des années d'une hyperinflation chronique. En décembre, les prix ont ainsi augmenté en moyenne de 52% sur un an, selon le Centre de statistiques d'Iran, un organisme officiel. Mais ce chiffre est loin de refléter avec fidélité les hausses observées spécifiquement sur les produits de première né…
· Avec agences
Hong Kong private subsidised flat scheme suffers new blow as site reassigned
Tung Chung site, originally designated for Private Subsidised Sale Flat Pilot Scheme, will be handed over to Housing Society, authorities say
· Connor Mycroft
Johnston's son arrested for misuse of Sathosa vehicles - DailyNews
Johan Fefrnando, the son of former Minister Johnston Fernando, has been arrested by the Police Financial Crimes Division in connection with alleged financial irregularities.
· Thushan Jayasuriya
China’s lagging basic research calls for core tech pivot, economic adviser urges
Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target
· Carol Yang
New Hong Kong industrial park eyes edge in smart manufacturing, Chinese medicine
Some industries have indicated interest in settling in Hung Shui Kiu, such as makers of environmentally friendly concrete, official says
· Lo Hoi-ying
Hong Kong authorities question World Bank’s ‘unfair’ business-ready grades
‘Some assessment results … differ from rankings and highly positive evaluations many other international organisations have given Hong Kong,’ Digital Policy Office says
· Olga Wong
China’s Hainan hosts duty-free shopping spree under new customs regime
A flurry of activity accompanied the official establishment of the island’s tariff and tax exemptions - but will the frenzy last?
· Luna Sun
New approach to fast-track Hong Kong industrial park gets thumbs up from firms
New company to speed up work on 23-hectare park under Northern Metropolis project wins praise as ‘one-stop service centre’
· Ng Kang-chung
“Government optimistic of USD 18 Bn export target, USD 300 Bn economy” - DailyNews
The government was optimistic in achieving the export target of USD 18 billion set in 2025 and creating a USD 300 billion economy by 2030, Thilaka Jayasundara, Secretary to the Ministry of Industries and Entrepreneur development opined. She said against many challenges they were able to increase the export revenue b…
· Gayan Abeykoon
SL asks China to install EV charging points across the country as a grant - DailyNews
Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath has requested China to consider installing EV charging points for electric vehicles across the country as a grant as Sri Lanka is inclined to import electric vehicles in large quantities from the global vehicle market, including China.
· Gayan Abeykoon
Blue Ocean Group secures BOI approval for luxury residential projects at over USD 16 Mn - DailyNews
Blue Ocean Group of Companies has reinforced investor confidence and regulatory credibility by securing Board of Investment (BOI) approval for three premium luxury residential developments located in some of Colombo’s most prestigious addresses. The combined investment for these projects exceeds USD 16 million, unde…
· Gayan Abeykoon
Siyapatha Finance expands footprint to Nikaweratiya - DailyNews
Homegrown finance company Siyapatha Finance PLC recently opened its 61st branch in Nikaweratiya, progressing a step further with the Company’s broader expansion efforts of bringing holistic financial solutions to all communities across Sri Lanka.
· Gayan Abeykoon
United Motors Lanka PLC Donates Rs. 10 Mn to ‘Rebuilding Sri Lanka’ Fund - DailyNews
United Motors Lanka PLC has made a financial contribution of Rs. 10 million to the ‘Rebuilding Sri Lanka’ Fund, which was established to support the restoration of livelihoods and the reconstruction of the country following the devastation caused by Cyclone Ditwah.
· Gayan Abeykoon
ComBank and Colonial Motors in year-long partnership to promote Mazda vehicles - DailyNews
Commercial Bank of Ceylon has entered into a strategic partnership with Colonial Motors (Ceylon) Limited, the authorised agent for Mazda in Sri Lanka, to facilitate the purchase of Mazda vehicles through the Bank’s leasing solutions.
· Gayan Abeykoon
DFCC Bank expands ‘Garusaru’ with islandwide healthcare benefits for Senior Citizens - DailyNews
DFCC Bank has partnered with Singhe Hospitals PLC to provide exclusive, islandwide healthcare benefits for DFCC ‘Garusaru’ Senior Citizen Savings Account holders, strengthening its commitment to supporting the wellbeing, dignity and everyday needs of Sri Lanka’s senior community.
· Gayan Abeykoon