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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.
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In a significant gesture of national solidarity, SITC Campus CEO Cader Rahmathulla has contributed Rs. 1,000,000.00 to the Government’s ‘Rebuild Sri Lanka’ Fund, supporting relief and recovery efforts following the devastation caused by Cyclone Ditwah. The cheque was personally handed over by the CEO to Dr. NandikaS…
The Financial Intelligence Unit of the Central Bank of Sri Lanka states that it will impose administrative penalties on institutions that fail to comply with the provisions of the Financial Transactions Reporting Act, No. 6 of 2006, in accordance with the powers conferred by Sections 19 (1) and 19 (2) of the said Act.
The Colombo market opened with a sharp upward movement and subsequently traded within a narrow range for most of the day, marked by minor fluctuations. A total of 91 counters made positive contributions to the ASPI, while most counters recorded negative movements, resulting in mixed signals across the indices.
Anger over Iran’s worsening economic situation pushes people onto the streets in Tehran and other cities
Members of drug organization burn cars in 20 states, airlines cancel flights
Trade surplus growth has not been matched in foreign exchange reserves – a gap analysts said can be explained by private sector outflows
The EU should secure its future through fair contributions to Nato and a lucrative transatlantic defence market, not conflict with Moscow
Leading banks from Southeast Asia and the Middle East are taking part in the programme, underscoring the city’s push as an offshore yuan hub
Event at Chater Road pedestrian zone will feature music and light shows instead of fireworks following deadly Tai Po inferno
Growth follows year-on-year increases of 17.5 per cent in October and 16.1 per cent in September
Development Bureau says Hung Shui Kiu Industry Park Company will be fully operational by mid-2026, land tender with incentives to run for six months
But bar industry leader reports 10 per cent rise in local business due to festive mood and surge in visitors from Europe and the US
Analysts warn that conflict, power shortages and resource extraction under military rule are pushing Myanmar’s economy further into reverse
Sentiment swings between concerns over a weakening growth outlook and bets that Beijing will step up policy easing to prop up the economy
Rich hubs, including Ningbo and Suzhou, are hitting regulatory roadblocks as the central government prioritises fiscal discipline over infrastructure-led growth
Co-founder and vice-chairman Lin Bin plans to offload no more than US$500 million in any 12-month period starting in December 2026
Attractive discounts, easing mortgage costs and policy support drive the market’s shift towards flats that cost below US$1.3 million
Topic:Business, Economics and Finance
Sri Lanka’s latest Weekly Economic Indicators released by the Central Bank of Sri Lanka (CBSL) point to steady improvements in key macroeconomic fundamentals, supported by stronger external sector inflows, moderating inflation, and continued fiscal consolidation, despite lingering global and domestic challenges.
Media Spokesperson of the “MSME Chamber of Sri Lanka” Susantha Liyanarachchi said that they are requesting the government to provide financial facilities at low interest rates to make new investments and to empower small and medium scale entrepreneurs who were devastated by Cyclone Ditwah.
The Ambassador of Sri Lanka to the Russian Federation, Shobini Gunasekera, was invited to speak at the XI Moscow International Financial and Economic Forum held in November 2025, under the theme “Building Bridges: Partnership without Borders”. She presented a conceptual framework of 7n key vectors that define contem…
В преддверии Нового года профсоюз полицейских Германии (GdP) предупреждает об опасностях, связанных с фейерверками. "Люди все чаще проявляют безрассудство и злоупотребляют разрешенными средствами, такими как петарды и ракеты", - заявил глава GdP Йохен Копельке (Jochen Kopelke) информационному агентству dpa в воскрес…
National fiscal work conference ends in Beijing with pledge to spur domestic market
Paul Chan says Hong Kong will align with national development strategies, focusing on three growth engines: finance, innovation and technology, and trade
A ‘green channel’ and ‘white list’ system will allow samples and data to cross between innovation hubs in Lok Ma Chau and Shenzhen
Strict flight rules and economic headwinds are forcing scrutiny-wary tycoons to rebase aircraft in places such as Singapore or downgrade to commercial cabins
As the country mourns the loss of Queen Mother Sirikit amid political chaos and a sluggish economy, Lisa’s global reign lights up Thai public
Seventh-generation winemaker Erwan Faiveley encourages city to up logistical and storage services during first post-Covid fact-finding trip
By the end of last month, China had nearly 80 C-REITs, raising a total of over US$28.3 billion, according to Cushman & Wakefield
Grappling with expiring cash subsidies and tax incentives, China’s car market is forecast to see deliveries slump next year
Europe is Dreame’s largest market for robotic vacuum cleaners, with more than half of its revenue there generated by premium products
The army imposed a lockdown on Qabatiya after a local resident killed a 68-year-old man and an 18-year-old girl in northern Israel on Friday
Decades-old legislation overhauled to plug gaps in the safety of uncrewed civilian aircraft
Promotion of former Boeing 737 pilot Yu Yue, who holds a ‘zero error’ record, called an inspiration to women across the nation
French producers hope their famed pate can win a slice of China’s market, but price sensitivities and domestic competition could mean their goose is cooked
The fund, which will put state-backed money behind early tech bets, could guide trillions of yuan in private capital to chosen sectors
Akizungumza na Shirika la Habari la Ujerumani DPA, Rutte amesema Marekani inatarajia Ulaya ichukue jukumu zaidi na itumie fedha zaidi kwa ulinzi. Na kwamba ana uhakika kabisa kuwa Marekani imewekeza kikamilifu katika NATO. Rutte, amesema mkutano wa NATO wa Juni mjini The Hague ulikuwa hatua muhimu, baada ya washirik…
Future of money must be shaped by competition between private ingenuity and public purpose, not by rent seeking and speculative bubbles
LandSpace has completed IPO tutoring with Chinese regulators, putting it a step closer to a Shanghai Star Market listing
The draft policy would cut down on excess capacity within e-cigarette sector and tighten enforcement of standards in production and export
China’s property sector, once a pillar of economic growth, has been on a downward trajectory since the second half of 2021
The ruling comes after a years-long trial in the financial fraud that saw more than US$4.5 billion plundered from the state fund
Pharmaceutical giants like Lilly and Nordisk are battling for dominance in India’s weight-loss market with price cuts and early launches
While restaurants struggle to attract diners, one hotel group says its properties recorded 90 per cent occupancy
The budget comes as the market worries about Prime Minister Takaichi’s big spending policies adding to Japan’s public debt
Comac’s stretched model, expected to be dubbed the C919-800, could target lucrative Asian routes and seat more than 200 passengers
Just because fund managers were too bearish on China doesn’t mean their concerns were misplaced – economic fundamentals matter
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