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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, …
HDFC Bank of Sri Lanka General Manager/CEO Hemal Lokugeegana served as a distinguished panelist at the recently concluded 5th Annual International Conference on Emerging Financial Markets and Policy (EFMP 2025), held on November 21.
A blood donation Camp organised for the 16th time by Master Guide Book Publication Company was held on November 23 , at the Master Guide Library premises in Kelaniya, Bollegala. Over 307 donors donated blood to the National Blood Bank.
The Government has successfully restored more than 90 percent of the telecommunication networks in the country as of Wednesday (03), as a result of the Digital Economy Ministry, the Telecommunications Regulatory Commission (TRC) and telecommunication companies having worked together speedily, Digital Economy Deputy …
Many individuals and organizations in the country are currently making commendable contributions to help students affected by the adverse weather conditions in the country. The government has also introduced several account numbers to accept financial assistance from domestic and foreign donors who make such contrib…
Financial contributions continue to flow into the Government’s ‘Rebuilding Sri Lanka’ fund, established to provide relief to communities affected by Cyclone Ditwah.
French President Emmanuel Macron met China's President Xi Jinping in Beijing on Thursday, with talks expected to focus on Ukraine and trade as Europe seeks to recalibrate ties with the world's second-largest economy.
Houthi rebels have signalled a halt in attacks on commercial ships in the Red Sea, allowing a possible end to costly detours
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China once exported cheap goods to Europe – now, French leader urges its firms to transfer tech expertise
Capital from the government and Big Tech firms is set to make up for any lack of market-driven capital, analysts say
Governor Pan Gongsheng says policy must prioritise the domestic economy, warning against ‘excessive policy swings’ that could undermine long-term stability
Shanghai-based MetaX set its IPO pricing at 104.66 yuan, according to a company filing on Wednesday
Wong Shiu Chi Secondary School students affected by the tragedy receive support from their school as debates arise over holding Christmas celebrations.
Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors
Consumer retailers, carmakers and internet companies are expected to bear the brunt of fund outflows
Wong Shiu Chi Secondary School, which is just 10 minutes from scene of fire, also offering counselling, puts all assessments on hold
HashKey is likely to debut on the Hong Kong stock exchange within the next two to three months ‘if it receives adequate investor interest’
Rates traders price in more than 90 per cent probability of a quarter-point reduction next week after private US labour market report
A market once dominated by generics is now an AI-powered pharmaceutical hub drawing billion-dollar investments from the likes of Pfizer and GSK
Every dollar invested by the HKIC has attracted more than six in long-term market capital, Financial Secretary Paul Chan says
From milk tea to blind boxes, China’s lighter consumer brands are winning worldwide recognition – though time will tell if the craze will last
Digital Economy Deputy Minister Eranga Weeraratne stated that the telephone and internet communication networks disrupted due to the recent disaster are expected to be fully restored by today.
A stock of dry rations was airlifted to the affected people in Kotmale by a helicopter belonging to Indian Air Force from the Badulla Vincent Dias grounds with the intervention of Badulla District Secretariat.
A financial contribution of five million rupees was donated yesterday (3) by the Asgiri Maha Vihara to the welfare Fund established by the Sri Dalada Maligawa to provide relief to people displaced by natural disasters.
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City’s internet regulators shut down 70,000 accounts in a ‘special campaign’ against pessimistic content as real estate jitters continue
Improved healthcare outcomes are colliding with China’s three-year population decline, testing social safety nets despite improvements in medical infrastructure
The United Nations General Assembly on Tuesday passed two resolutions directing Israel to withdraw from the West Bank and Gaza as well the Syrian Golan Heights.
Luhut Pandjaitan says China’s technological prowess and deep pockets made it an ideal partner for propelling Indonesia’s economy
A spokesperson for the president said his family was open to lifestyle checks after questions emerged over funds sent to his son’s district
Senior officials from the World Bank and the StAR Initiative under the United Nations Office on Drugs and Crime (UNODC) have agreed to provide technical and expert support to assist Sri Lanka in recovering assets believed to have been acquired through corruption in foreign countries.
Appointment surprises market after HSBC CEO Georges Elhedery earlier said the 75-year-old was not keen on a permanent role
China stocks’ next phase of growth hinges on earnings, not just higher valuations, says BofA Global Research’s Winnie Wu
Beijing is moving away from the old growth model reliant on rising leverage, towards a framework that prizes risk management and data integrity
The French president is coming to Beijing with a large delegation looking to do business. Here are the key areas to watch for potential deals
One of the world’s most successful liberalising projects of the late 20th century has fizzled to leave Europe’s economy in secular decline. This FT series examines what went wrong — and why it is so difficult to revive the single market as a growth engine.
Chinese companies have steadily expanded their global reach over the past half-century, but it has been a winding, often turbulent journey
Deputy Minister of Digital Economy, Eranga Weeraratne stated that the telephone and internet communication networks disrupted due to the recent disaster are expected to be fully restored by tomorrow (04).
People’s Bank was recognised with two prestigious titles, Best Bank in the Public Banking Sector and Sustainable Bank of the Year in the Public Banking Sector, at the South Asian Business Excellence Awards 2025 (SAPS), held recently at Cinnamon Life – City of Dreams, Colombo.
AdvertisementAdvertisementSCMP Economy SeriesChina Inc. goes globalWith domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the …
Caution returns ahead of US Federal Reserve and Bank of Japan meetings, as well as China’s economic work conference
Patient questioning by woman police officer leads elderly man to reveal details of stock trading racket; victim finally gets his money back
A wave of billion-dollar offerings is building behind four new listings this week, signalling sustained momentum in Hong Kong’s IPO market
Skyrocketing costs and stock of old estates turn an industry rife with bid-rigging and collusive conduct into a gold mine, experts say
With many of their clients moving or building sites abroad, China’s factory owners are following suit, seizing a ‘last chance’ for new revenues
Amana Bank has further expanded its people-friendly and development-focused banking footprint with the opening of its 40th Self Banking Centre (SBC) in China Fort, Beruwala.
The Chinese Government on Monday announced a financial donation of US$ 1 million for on-going disaster relief operations in Sri Lanka. The Chinese Embassy in Sri Lanka said in addition to the cash donation, further RMB 10 million worth of relief supplies have pledged to Sri Lanka. The Embassy said that the pledge re…
The Commercial Bank of Ceylon has entered into a strategic partnership with Brown & Company PLC to make modern agricultural machinery and technology more accessible to Sri Lankan farmers and agri-entrepreneurs as part of the Bank’s commitment towards SME empowerment initiatives and inclusivity.
Sri Lanka’s economy is showing signs of improvement, but the World Bank’s latest Sri Lanka Development Update, titled Better Spending for All, reminds us that this recovery is still incomplete.
