More Hong Kong firms upbeat on economic outlook as Trump tariff worries ease
Positive sentiment marks a sharp rebound from last year, when fewer than one in five companies in an annual survey expressed optimism
· Lam Ka-sing
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Newest first · UTC+11:00Government to introduce 3% concessionary loan scheme for disaster-affected MSMEs - DailyNews
The Cabinet of Ministers has approved the implementation of the RE-MSME PLUS loan scheme, consolidating existing credit programs for micro, small, and medium scale entrepreneurs and providing financial relief to those affected by recent disasters. The approval was granted based on the proposal submitted by President…
· Supuni Kulasinghe
Government greenlights purchase of vehicles to strengthen primary health care services - DailyNews
The Cabinet of Ministers has granted approval to procure a fleet of vehicles to strengthen Sri Lanka’s primary health care system under a World Bank–funded project.
· Supuni Kulasinghe
China sets sights on ‘fully tapping’ domestic market potential after policy meet
Following annual central economic work conference, leaders also pledge to stabilise property sector, fight deflation and curb cutthroat competition to counter risks
· Sylvia Ma
Hong Kong’s M+ museum to showcase Zao Wou-Ki’s mastery in printmaking
Exhibition of late artist’s work brings the second of mainland China’s ‘Three Musketeers’ of modern art to the city, alongside Wu Guanzhong
· Ambrose Li
Bolivia detains ex-President Luis Arce in corruption probe
Former Bolivian President Luis Arce was arrested as part of a corruption investigation linked to his time as economy minister, officials said on Wednesday.
· Alex Berry, Kalika Mehta
Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery
Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure
· Iris Deng
Beijing urges Dutch government to push for China visit by Nexperia execs
China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words
· Xiaofei Xu
China can sustain 5 to 6% GDP growth through 2035: economist
Tech, talent and the Chinese system give Beijing unique advantages over other late-developing economies, top economist says
· Mia Nurmamat
Germany's oldest Christmas market in Dresden ups security
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Gen Berisiko Kanker Tersebar Lewat Bank Sperma Eropa
Ketika sambungan telepon seorang perempuan mulai berdering pada suatu pagi di bulan Juni, dia tidak tahu bahwa berita yang akan diterimanya akan membawa dia dan putrinya yang remaja ke dalam "terowongan” penuh pemeriksaan medis, tes, dan rasa was-was.
· Naomi Conrad, Birgitta Schülke
Rebuilding Sri Lanka Fund swells to over Rs. 1.8 Bn - DailyNews
Finance Secretary Dr. Harshana Suriyapperuma stated that Rs. 1,893 million has been received in financial assistance from domestic contributors, Sri Lankans living overseas, and various organisations, for the ‘Rebuilding Sri Lanka’ initiative launched to rebuild the country following the devastation caused by Cyclon…
· Gayan Abeykoon
Lanka has potential to capture 90% of global cinnamon market” - DailyNews
Sri Lanka has the opportunity to capture 90% of the global cinnamon market if the country can increase the production. Currently Sri Lanka is earning about USD 250 million for a year which can easily become USD 1 billion industry in five 10 years if plans are mooted properly, opined Chathura Abeyratne – Director/COO…
· Gayan Abeykoon
Cabraal, two others released from Greek bond case - DailyNews
The Colombo High Court yesterday ordered the release of former Central Bank Governor Ajith Nivard Cabraal and the unconditional acquittal and release of the other three accused in the Greek bond case, following the withdrawal of the charge sheet by the CIABOC (Commission to Investigate Allegations of Bribery or Corr…
· Gayan Abeykoon
Beyond the deluge - DailyNews
As the floodwaters slowly recede across Sri Lanka, they reveal a level of destruction that words struggle to capture. Entire neighborhoods have been swept away. Houses that once sheltered families are now piles of rubble. Roads have vanished under mud and debris. Bridges have broken apart like toys. Lives have been …
· Gayan Abeykoon
People’s Bank and UnionPay International sign MoU to introduce National Cards - DailyNews
People’s Bank, one of Sri Lanka’s largest and most trusted state-owned banks, continues to lead the way in digital financial innovation and in supporting the nation’s transition toward a modern, cashless society.
· Gayan Abeykoon
HNB honoured as ‘Bank of the year Sri Lanka 2025’ by The Banker Magazine UK - DailyNews
HNB PLC one of Sri Lanka’s premier private bank, has been awarded the Bracken Award as the ‘Bank of the Year Sri Lanka 2025’ by The Banker Magazine UK.
· Gayan Abeykoon
ComBank named Lanka’s ‘Best Trade Finance Bank’ at Euromoney Awards - DailyNews
The Commercial Bank of Ceylon PLC was named Sri Lanka’s Best Trade Finance Bank at the Euromoney Transaction Banking Awards 2025, in recognition of the Bank’s strong performance and continued contribution to supporting Sri Lanka’s export and import sectors.
· Gayan Abeykoon
FCCISL presents five strategic budget proposals aimed at accelerating Sri Lanka’s economic recovery - DailyNews
The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) has presented a comprehensive national reform package containing five strategic budget proposals aimed at accelerating Sri Lanka’s economic recovery, modernising public service delivery and positioning the country for strong performance in the…
· Gayan Abeykoon
Cargills Bank conducts Beach Cleanup Programme at Dehiwala - DailyNews
Seeking to help our neighbourhood communities, Cargills Bank recently conducted a Beach Cleaning Programme at the Dehiwala Beach. The project brought together over 80 team members from various areas of the bank who volunteered their time to clean the shoreline. The initiative was a collaborative effort, organised in…
· Gayan Abeykoon
WHO donates Rs.53Mn for rehabilitation of cyclone-damaged hospitals –Dr. Anil Jasinghe - DailyNews
Health Ministry Secretary Dr. Anil Jasinghe on Tuesday said that financial assistance of Rs.53 million has been received from the World Health Organisation (WHO) for the rehabilitation of damaged hospitals resulting from the cyclone.
· Gayan Abeykoon
NDB Bank partners Women’s Blind Organisation to support International White Cane Day - DailyNews
National Development Bank PLC (NDB Bank) has partnered with the Women’s Blind Organisation of Sri Lanka in support of the International White Cane Day 2025, an event dedicated to recognising and empowering visually impaired women across the country.
· Gayan Abeykoon
Market drives higher as turnover strengthens - DailyNews
Following a sharp uptick at the beginning of the session, the Colombo Bourse continued to move upward during the trading day with minor fluctuations.
· Gayan Abeykoon
Shares - Colombo Stock Exchange ( Market Statistics on 10.12.2025 ) - DailyNews
Sri Lanka’s most Trusted and Innovative media services provider
· Gayan Abeykoon
US Fed delivers quarter-point rate cut as policymakers weigh inflation outlook
Move falls short of Trump’s demands as debate over Fed independence intensifies and markets brace for global spillover effects
· Frank Tang
Hong Kong racing tourists to pump HK$35 million into city’s economy this week
Overseas tour organisers for five-day festival say their groups include retirees, business travellers, horse owners and trainers
· Stephy Zhang
China’s sovereign fund reveals it opened London office after Trump win
China Investment Corporation opened its third offshore office in London in December 2024, joining outposts in Hong Kong and New York
· Frank Tang
Cabraal and three others acquitted in Greek Bond Case - DailyNews
Former Central Bank Governor Ajith Nivard Cabraal has been released from the case linked to the 2012 Greek Bond purchase, subject to conditions.
· Thushan Jayasuriya
Hong Kong’s DAB proposes 5 relief measures for residents displaced by fire
City’s largest political party submits proposals to deputy financial secretary, says measures ‘should align with each resident’s needs‘
· Leopold Chen
China launches satellite ‘super factory’ in bid to rival Elon Musk’s Starlink
The facility features a ‘factory-to-launch’ pipeline, expected to make it faster and cheaper to build low Earth orbit constellations
· Luna Sun
Today’s Exchange Rates – December 10, 2025 - DailyNews
The Central Bank of Sri Lanka has released the latest data on key financial ratios and economic indicators as of December 10, 2025.
· Thushan Jayasuriya
FT: ЕС торопится согласовать бессрочную заморозку активов РФ
Страны Европейского Союза намерены в ускоренном порядке согласовать решение о бессрочной заморозке российских государственных активов на территории ЕС на сумму до 210 млрд евро и не дать Венгрии помешать этому через право вето. Об этом пишет газета Financial Times в среду, 10 октября, со ссылкой на неназванных европ…
· Александра Иванова
100 Guangdong drivers seek entry into Hong Kong urban areas as bookings open
Applications came from 1,700 winners of a November 23 ballot conducted by the Guangdong authorities, which drew 2,388 registrations
· Ambrose Li
Why Japan's economic woes spark global market concern
Stimulating economic growth while tackling the rising cost of living has been high on the agenda of Japanese Prime Minister Sanae Takaichi since taking office in October.
· Srinivas Mazumdaru
IMF raises China growth forecast to 5% for 2025, citing resilience
The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers
· Carol Yang
Unemployment jumps to 5% in October 2025 as economy struggles to absorb job seekers
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· Tati Maligro
Google unveils plans to try again with smart glasses in 2026 - DailyNews
Google plans to launch smart glasses powered by artificial intelligence (AI) in 2026, after its previous high-profile attempt to enter the market ended in failure.
· Supuni Kulasinghe
Rs. 1,893 Million in local and foreign support secured for the ‘Rebuilding Sri Lanka’ programme - DailyNews
The Secretary to the Ministry of Finance, Planning and Economic Development, Dr Harshana Suriyapperuma, stated that Rs. 1,893 million has been received in financial assistance from domestic contributors, Sri Lankans living overseas and various organisations, for the ‘Rebuilding Sri Lanka’ initiative launched to rebu…
· Supuni Kulasinghe
JD.com’s US$450 million stake in Hong Kong Central tower eases Lai Sun debt woes
JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun
· Aileen Chuang
Nuwara Eliya vegetable sales plunge 50% as market demand falls - DailyNews
Vegetable sales at the Nuwara Eliya Economic Center have reportedly declined by approximately 50% due to reduced market demand.
· Thushan Jayasuriya
“We will rebuild better” - President outlines economic and disaster recovery plans - DailyNews
President Anura Kumara Dissanayake told Newsweek that Sri Lanka faces a pivotal moment after Cyclone Ditwah, and outlined a twin-track strategy of immediate relief and longer-term institutional reform to preserve the economy and protect vulnerable communities.
· Supuni Kulasinghe
Microsoft makes US$17.5 billion pledge for AI cloud in India
The country of 1.45 billion people is increasingly drawing the attention of AI power brokers as a market and a source of talent and data
· Bloomberg
Trump defends economic record at rally, vows to make US ‘affordable again’
Trump holds a rambling campaign-style rally in Pennsylvania as his administration grapples with voter anxiety about the economy
· Reuters
China’s consumer prices rise at fastest pace in nearly 2 years in November
Consumer price index rises by 0.7 per cent for the month, while factory-gate prices continue long decline
· Xinyi Wu
‘Toothpaste without China’? EU firms must stop Beijing, US overreliance: report
European Union Chamber of Commerce in China urges companies to “eliminate single-source dependencies”
· Xinyi Wu
Hong Kong stocks end higher as China stimulus hopes spark property rally
Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress
· Yulu Ao
Opinion | Why the Global South is embracing Chinese AI
The US champions AI as an autonomous agent, a content creator. China exports a vision of AI as a digital nervous system for the real economy
· Zhang Zhipeng
Investors brace as Beijing’s policy huddle tests China’s stock rebound
With China’s stock rally fading, markets are pinning their hopes on the Central Economic Work Conference for signs of clearer policy support
· Zhang Shidong
China’s powerhouse province targets doubling GDP by 2035 – but can it deliver?
Southern province in Greater Bay Area has fallen short of national average since 2021, but new proposals pin hope on hi-tech industries
· He Huifeng
China, Hong Kong stocks set to gain nearly 20% in 2026, JPMorgan says
HSBC Private Bank sets a target of 31,000 for the Hang Seng Index next year, representing a 22 per cent gain from Tuesday’s close
· Yulu Ao