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The Regional Development Bank (RDB) has recorded an exceptional performance in the third quarter of 2025, marking a significant milestone in its 40-year journey as Sri Lanka’s premier state-owned development bank.
The Government has arranged a loan of US$ 30 million from the International Development Association (IDA) of the World Bank Group to finance the implementation of the Secure, Affordable and Sustainable Energy for Sri Lanka Project.
The LKR slightly appreciated against the USD, closing at LKR 308.61/USD compared to LKR 308.66/USD seen previously. Overnight liquidity in the banking system expanded to LKR 101.4Mn from LKR 85.7Mn recorded on the previous day. The secondary market yield curve saw renewed buying interest, supported by foreign partic…
The Colombo Bourse which took a sharp incline at the beginning of the session continued to move upward amid minor fluctuations. The ASPI advanced 439 points to close at 22,034, while the S&P SL20 edged up 77 points to end at 6,004. Top contributors to the ASPI were DOCK, CINS, COMB, SAMP and ACL. HNW participation w…
HNB PLC, the most trusted private bank in Sri Lanka, announced a new partnership with Future Automobiles (Pvt) Ltd, the authorised distributor for Ford in Sri Lanka.
DFCC Bank has been recognised as a People and Planet First Supporter, becoming the first Sri Lankan bank to receive this global designation.
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More than 60% of Asia and the Pacific’s population—about 2.7 billion people—has been lifted from extreme water insecurity over the past 12 years, but these hard-won gains are threatened by accelerating environmental decline and a major financing gap, according to a new Asian Development Bank (ADB) report. The report…
Binance, the world’s largest cryptocurrency exchange by trading volume and users, yesterday announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation of Bina…
It’s been an incredible ride for Poland's economy. Over the past two decades, the country has evolved from a postcommunist transition state to one of Europe's fastest-growing markets.
At a recent summit, the economist said China has been a ‘benefactor’ by lowering the cost of technology for developing economies
Japanese businesses in China are under pressure amid a diplomatic row over Taiwan, but they have dealt with political tensions for years
European Union interior ministers on Monday advanced a sweeping overhaul of the bloc's migration system, agreeing to new rules on deportations, asylum processing and financial burden-sharing after years of political division.
The Colombo Stock Exchange (CSE) saw a strong rebound today, with the All Share Price Index (ASPI) climbing 439.46 points (2.04%) to close at 22,034.32, surpassing the 22,000-point mark.
Hong Kong has been ranked the world’s No 4 financial hub in a new NYU Abu Dhabi index, but trails rivals on growth and innovation
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Seven months into his chancellorship, Friedrich Merz traveled for his first official visit to Israel, a trip that lasted less than 24 hours. The visit drew intense scrutiny — particularly in Germany — over whether it would send the wrong signal amid the ongoing conflict in Gaza and escalating violence in the West Bank.
Retail investors oversubscribe crypto exchange operator’s offering despite China central bank’s tough stance on virtual assets
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Transport chief Mable Chan sets sights on seamless airspace, linking manned and unmanned aviation to drive growth in burgeoning sector
Unveiling of benchmark tracking Hong Kong-listed tech firms comes amid a wave of property stock delistings
US soybean growers, who were hit hardest by tariff disputes, have voiced frustration that overdue funding falls well short of what they need
The Hong Kong Investment Corporation has made good progress on fulfilling a mandate that goes beyond just generating financial returns
As advanced economies ramp up military expenditures, they have multiple goals - including a reduced reliance on China in defence supply chains
As part of the government’s expedited relief program to revive the economy impacted by the recent adverse weather conditions, a decision has been made to provide a financial grant of Rs. 200,000 to every affected industry.
Assetline Finance, the flagship company of the David Pieris Group’s financial services arm, has announced that subscriptions will open on December 9, 2025 for its inaugural issuance of listed, rated, unsecured, senior, redeemable debentures, targeting up to LKR 5 billion.
DFCC Bank has extended its digital payments infrastructure to Sri Lanka’s public transport network by enabling QR, credit and debit card acceptance in buses through DFCC Point of Sale (POS) terminals.
People’s Bank and the Western Provincial Council have signed an agreement to provide concessional loan facilities to Micro and Small Entrepreneurs in the Western Province at a low interest rate of 3%.
LOLC Finance PLC, one of the largest non-banking financial institution in Sri Lanka, brings to light the significant role of its Factoring Business Unit in providing indispensable financial solutions to businesses across the country.
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee sch…
HNB PLC, one of Sri Lanka’s leading private bank, welcomes the festive season with its 2025 Credit Card campaign, offering customers the joy of seasonal savings and the excitement of extraordinary international experiences.
Seylan Bank PLC entered a strategic partnership with the Central Depository Systems (Pvt) Limited (CDS), the wholly owned subsidiary of the Colombo Stock Exchange (CSE), through the signing of a Memorandum of Understanding (MoU) aimed at enhancing investment accessibility for non-resident investors.
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Париж выступает против использования для "репарационного кредита" Украине той части российских активов, которые заморожены в частных банках Франции. Об этом сообщила газета Financial Times (FT) в понедельник, 8 декабря, со ссылкой на источники.
Цены на страхование торговых судов в Черном море за последний месяц утроились и будут продолжать расти после украинских атак в этом регионе. Об этом в воскресенье, 7 декабря, написала газета Financial Times (FT) со ссылкой на данные страховых брокеров. "Стоимость страхования военных рисков для судов в Черном море - …
AI investment, especially in the US, helped mute the impacts of increased tariffs, Jihad Azour says at Abu Dhabi Finance Week
Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe
Celebrities and high-profile influencers also under scrutiny, with regulators pursuing hundreds of such cases in recent years
As part of the government’s rapid relief program to revive the economy affected by recent adverse weather, each disaster-impacted industry will receive Rs. 200,000 to help restore operations and restart production.
Sri Lanka’s official foreign reserves fell by 2.09% in November compared to October, the Central Bank of Sri Lanka (CBSL) reported.
Commerce Minister Wang Wentao’s remarks echo similar calls by other senior officials ahead of annual central economic work conference
French president says EU could copy American protectionism, warning that a lopsided flow of goods results in China ‘effectively killing their own customers’
China’s bachelor crisis meets Nepal’s poverty in a trade that blurs the lines between arranged marriage and coercion
Madrid’s ambitious strategy may hinge on attracting more Chinese investment, giving China’s firms greater leverage, analysts say
Securities companies should redouble efforts to help turn China into a global financial powerhouse, says CSRC chairman Wu Qing
Analysts said the decision-making body’s phrasing on the international trade environment suggests a cautious stance next year despite US truce
Public Health Inspectors (PHIs) today sealed approximately 12,000 kilograms of meat stored at a livestock farm in the Anuradhapura District after determining that the stock was no longer safe for human consumption, the Public Health Inspectors Union announced.
Agreements signed during the trip reflect evolving trade and economic relations, with France now in the market for Chinese technology
The tech hub is expected to generate billions for the city’s economy and will sit inside the Northern Metropolis mega-development by the border.
