Deep Dive: Will Hong Kong take too long to build new innovation hub San Tin Technopole?
The tech hub is expected to generate billions for the city’s economy, but its development involves five lengthy phases covering a decade or longer.
· SCMP
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Spark Study Buddy (Challenger): AI Christmas market confuses tourists at Buckingham Palace
The story on this page has some tougher vocabulary words and questions to improve your reading and grammar.
· Young Post
Power sector reforms in Sri Lanka - DailyNews
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to further support Sri Lanka in strengthening its power sector. This financing builds on earlier initiatives to establish a more stable and financially sustainable power sector.
· Gayan Abeykoon
CBSL issues relief measure circular - DailyNews
The Central Bank of Sri Lanka (CBSL), in view of the adverse effects of the recent cyclonic and flood disasters, having considered the proposals of the Sri Lanka Banks’ Association (Guarantee) Ltd. (SLBA) and the need to grant effective relief to those affected without unduly compromising financial system stability,…
· Gayan Abeykoon
HNB reinforces commitment as Platinum Sponsor, Official Banking Partner - DailyNews
HNB PLC, the leading private bank in Sri Lanka is announced as the Platinum sponsor and Official Banking partner for the 1st ever IBSL National Banking and Finance Conference 2025.
· Gayan Abeykoon
Seylan Bank enables seamless integration with eChannelling through Open API Banking platform - DailyNews
Seylan Bank PLC has partnered with eChannelling (Pvt) Ltd, the country’s foremost digital healthcare platform, to integrate with the Bank’s Open Application Programming Interface Banking platform, a move that marks another milestone in Seylan’s digital banking journey.
· Gayan Abeykoon
Chinese Chamber of Commerce donates LKR 19.5 M to Sri Lanka - DailyNews
The Chinese Chamber of Commerce in Sri Lanka has extended financial assistance amounting to LKR 19.5 million, made possible through the generous contributions of Chinese companies operating in the country.
· Gayan Abeykoon
China desalination tech makes fresh water cheaper than tap water – plus hydrogen
Facility in Shandong province also produces mineral-rich brine for industrial use, achieving ‘one-in, three-out’ circular economy
· Holly Chik
Chinese firms gear up for Russia’s reopening amid talks aimed at peace deal
Many Chinese exporters expect the first wave of post-war demand in Russia to come from infrastructure
· He Huifeng
Australia offers financial help for wildfire-hit state
Australian authorities on Sunday activated disaster relief payments for residents in six regions in New South Wales after wildfires swept through thousands of hectares of bushlands in the country's most populous state.
· Dharvi Vaid
China’s land-starved Shenzhen moving massive landfill to make more space
At the centre of the city, where open land is scarce, trucks are removing 6,000 cubic metres of waste a day to free up 30 valuable hectares
· Frank Chen
Exclusive | Mainland bank apps beat those in Hong Kong and Singapore, study says
Strong competition from non-bank players in mainland market forces banks to improve continuously, consulting firm Sia says
· Enoch Yiu
Изъятие активов РФ в ЕС: Эксперты описали риски для евро
Спорный план Брюсселя по использованию замороженных российских суверенных активов для обеспечения репарационного кредита Украине на сумму до 210 млрд евро может иметь серьезные последствия для евро в качестве резервной валюты. С таким мнением выступили опрошенные газетой Financial Times (FT) эксперты и участники рын…
· Екатерина Венкина
The great slowdown: Germany at a standstill as ‘China shock’ hits
As Europe’s biggest economy is pummelled by structural problems and external threats, rocky China ties are compounding the dreary picture
· Finbarr Bermingham
Chinese Chamber of Commerce donates Rs 19.5 Million - DailyNews
The Chinese Chamber of Commerce in Sri Lanka has extended financial assistance amounting to Rs 19.5 million, made possible through the generous contributions of Chinese companies operating in the country.
· Thushan Jayasuriya
Flash in the pan: how China’s plant-based meat craze fizzled
The closure of Beyond Meat’s China business, despite heavy financing and marketing, underscores challenges that scuppered many vegan meat firms
· Luna Sun
CBSL issues guidelines for handling and exchanging flood damaged banknotes - DailyNews
The Central Bank of Sri Lanka (CBSL) has issued detailed guidelines to help the public safely handle and preserve banknotes damaged by recent flooding. The advisory stresses proper care to prevent further deterioration and outlines how affected notes can be prepared for exchange.
· Thushan Jayasuriya
How China’s solopreneurs are using AI to crack a tough job market
Armed with a variety of AI tools, a new breed of young entrepreneurs forges a path in a challenging economy
· Eunice Xu
Investment trusts 2025
Investment trusts 2025A traditional investment sector battles for a share of a rapidly changing market
A Chinese home-grown business jet is on the way. Will it rival Gulfstream?
China’s state-owned aircraft maker is stepping up efforts to break into the business jet market with its CBJ model
· Ralph Jennings
Tai Po deadly blaze exposes bid-rigging in Hong Kong building renovation market | South China Morning Post
Rising costs and aging properties led to bid-rigging and collusion in city’s building renovation industry.
Chinese EV maker Li Auto unveils industry’s cheapest AI glasses at US$282
Despite its lightweight build, Livis promises robust performance with an impressive battery life of 18.8 hours under normal usage
· Coco Feng
Frank Gehry, the most celebrated architect of his time, dies at 96
His masterpieces include the Guggenheim Museum in Bilbao, Spain, the Walt Disney Concert Hall in Los Angeles and Berlin’s DZ Bank Building
· Associated Press
Women's Bundesliga clubs to market league without DFB
The 14 clubs in the Women's Bundesliga have announced a plan to go it alone in establishing a league association similar to the German Football League (DFL), which operates the men's Bundesliga.
· Chuck Penfold
Compensation in cash for disaster hit persons - Minister - DailyNews
The Government has allocated Rs.10 billion in the initial phase to provide financial relief to people affected by the natural disasters that have occurred in the country, Public Security and Parliamentary Affairs Minister Ananda Wijepala informed Parliament yesterday (5).
· damith
USD 100 million loan assistance and USD 3 million Grant assistance from ADB - DailyNews
The Government of Sri Lanka had discussions with the Asian Development Bank (ADB) to mobilize a policy-based loan amounting to USD 100 million to implement the Power Sector Reforms and Financial
· damith
Obituaries - DailyNews
SILVA – Mr. SANDARADURA HIUTON. In remembrance of the impermanence of life, we announce the passing of Mr. SANDARADURA HIUTON SILVA, retired Executive Officer – Bank of Ceylon. Beloved husband of Mrs U.K. Willora Arachchi (retired Principal) and loving father of Eng. Prabash Dilshan Silva, Dr. Chathumi Vinodya Si…
· damith
India's elaborate welcome of Putin strains Western ties
Russia's President Vladimir Putin wrapped up his two-day India visit on Friday, insisting Moscow was "ready to continue uninterrupted shipments of fuel for the fast-growing Indian economy."
· Murali Krishnan
As China defies US tech blockade, can local AI chipmakers capture Nvidia share?
Vast pool of engineering talent seen as a potent driving force for country’s challenge to US tech supremacy
· Ji Siqi
German Christmas markets face higher security costs
The final barriers are being set up at Bonn's Christmas market. Concrete blocks now seal off the streets in the western German city leading into the central square, where visitors are already enjoying mulled wine and gingerbread hearts.
· Aline Spantig
China’s regions roll out 5-year plan priorities, with tech topping the list
Following Beijing’s proposals for its next half-decade of policymaking, localities are following suit, with a focus on emerging fields
· Mia Nurmamat
China’s economic focus in 2026: what to expect as leaders prep for major meeting
Growth of ‘around 5 per cent’ may be revised to between 4.5 and 5 per cent, analysts say, as leadership gears up for tone-setting conference
· Sylvia Ma
ЦБ РФ снял лимиты на загранпереводы для граждан РФ
Банк России с 8 декабря снимает лимиты на переводы иностранной валюты за границу для граждан РФ и нерезидентов из "дружественных" стран. Об этом регулятор объявил в пятницу, 5 декабря, объяснив это решение "стабильной ситуацией на валютном рынке".
· Евгений Жуков
K-pop girl group Twice to proceed with Hong Kong concert this weekend
Concert organiser Live Nation says it will donate part of revenue from ticket sales to support relief measures for victims of Tai Po blaze
· Leopold Chen
From steel to space: China giant sells first 2 satellites in bold pivot
Once forging steel for skyscrapers, Jigang Group is now in a race to the skies with Geely and 90,000 other Chinese companies
· He Huifeng
Hang Seng Bank co-founder’s kin pays US$9.3 million for Hong Kong luxury flat
Magdalene Ho acquired a 1,806 sq ft, three-bedroom flat in Sun Hung Kai Properties-developed Dynasty Court in Mid-Levels this week
· Cheryl Arcibal
Inflation cools to 1.5% in November 2025 amid slower price hikes in vegetables, meat
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· Tati Maligro
Putin's India visit tests New Delhi's balancing act with US
Russian President Vladimir Putin arrived in India on Thursday for a two-day visit, underscoring a partnership between Moscow and New Delhi that has endured for nearly eight decades of geopolitical upheavals.
· Murali Krishnan
Waste to wealth: why China is building incinerators around the world
China’s economic slowdown has left its waste-to-energy sector without enough trash to burn. So, companies are heading overseas
· Mandy Zuo
Public urged to use official channels for student relief contributions - DailyNews
The Ministry of Education has clarified that only government-designated accounts, including those under the Ministry of Education, Higher Education, and Vocational Education, are officially authorized to receive financial donations.
· Thushan Jayasuriya
CSRC vows deeper reforms to open China’s capital market and boost tech listings
CSRC chairman Wu Qing outlines ‘deep transformation’ of capital market to attract long-term investors who ‘can stay and can develop well’
· Julie Zhang
Will ABS-CBN shows such as 'Batang Quiapo' still air on TV5?
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· gdecastro0289
Moore Threads shares dazzle with fivefold jump in Shanghai debut
Moore’s shares began trading at 650 yuan amid a declining market, a 468 per cent jump from their initial public offering price of 114.28 yuan
· Zhang Shidong
End of an era: Japan’s Canon shuts China printer plant as local rivals rise
Closure marks a turning point, where Chinese brands have not only caught up with foreign rivals but have also begun to dominate home market
· Coco Feng
Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom
Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’
· Ji Siqi
Stock market improves by 40 % in 2025 - DailyNews
“Please come,” Prime Minister Dr. Harini Amarasuriya requested those rethinking their travel plans after the recent floods addressing the opening day of the Sri Lanka Economic and Investment Summit 2025 which concluded on Wednesday. (3) She invited visitors to enjoy the vibrant experiences available throughout the r…
· Gayan Abeykoon
Resilience in recovering from natural calamities, conflicts, economic crises - DailyNews
A small island developing state like Sri Lanka is disproportionately exposed to environmental, economic, and geopolitical shocks, and its vulnerability has been compounded by the long-drawn civil conflict, high exposure to climate-related hazards, and long-term structural fiscal imbalances. Recovery processes have t…
· Gayan Abeykoon
IMF offers Sri Lanka quick access to nearly US$ 350 Mn - DailyNews
Funds to be disbursed from sixth tranche of EFF Announcement made at donor forum meeting at Finance Ministry World Bank to carry out post-disaster assessment
· Gayan Abeykoon
Banks Association pledges strong support for economic revival - DailyNews
The Sri Lanka Banks Association (SLBA) in a meeting with the Governor of the Central Bank of Sri Lanka (CBSL) pledged its fullest support to revive the country’s economy following the damage inflicted by Cyclone Ditwah.
· Gayan Abeykoon
Assetline Finance posts Rs. 1.42 Bn PAT in 1H of FY2025/26 - DailyNews
Assetline Finance Limited, which forms the core financial services pillar within the David Pieris Group, reported a strengthened and increasingly resilient first-half performance for FY 2025/26, with significant gains in asset growth, income enhancement, and core profitability for the six months ended September 30, …
· Gayan Abeykoon