People’s Bank recognised the winners of the Entrepreneurship Village Competition 2024 at a special awards ceremony held recently at the People’s Tower, Colombo 02.
Reinforcing its longstanding commitment to empowering SMEs and advancing sustainable agriculture, the Commercial Bank of Ceylon has embarked on another milestone initiative aimed at boosting paddy productivity and uplifting farmer livelihoods in the Polonnaruwa District, one of the Sri Lanka’s most vital rice-produc…
NDB Bank, in line with its unwavering commitment to social responsibility and inclusive development, has extended its support to The Ceylon School for the Deaf and Blind (CSDB), a institution that has been providing education, care and vocational training to differently abled children across Sri Lanka for over a cen…
The EU could face increased borrowing costs and long-term global reputational damage if it forces through its latest plan to use frozen Russian sovereign assets to finance new loans for Ukraine, Belgian depository Euroclear has warned, according to the Financial Times.
Looking through the gallery of US secretaries of the Army from past decades, there are few names that would be familiar to a non-American audience. This is not surprising: the job description primarily involves equipment acquisition and financial issues relating to the United States Army. This could change with the …
DFCC Bank yesterday announced the official listing of Sri Lanka’s first Listed Blue Bond on the Colombo Stock Exchange (CSE), marking a significant moment for the country’s capital markets and its transition towards ocean-focused sustainable finance.
Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa told Parliament yesterday (26) that the programme to strengthen the manufacturing economy of this country should be implemented without thinking that importing from abroad is easy.
People’s Bank announced its financial performance for the nine months ended September 30, 2025, delivering the best-ever results in the institution’s history. With 7 out of 10 Sri Lankans banking with People’s Bank and 1 out of every 5 retail and business loans in the country originating from the Bank, this exceptio…
Sampath Bank PLC advanced Sri Lanka’s journey towards transport digitalisation with the launch of its pilot digital bus fare payment project in collaboration with the Road Passenger Transport Authority – Western Province.
TotalEnergies Marketing India Private Limited (TEMIPL) has announced a partnership with Energy Core Lanka (Pvt) Ltd, introducing its latest range of high-performance lubricants to the Sri Lankan market.
HNB PLC, one of Sri Lanka’s leading private bank has been announced as the Platinum Sponsor of TiECON Colombo 2026 which will take place in early 2026 in Colombo.
The Commercial Bank of Ceylon reaffirmed its commitment to the welfare of senior citizens by organising a dedicated day to celebrate and honour pensioners.
The Government has set apart Rs.7.4 billion for education for 2026 – the highest allocation made so far in the National Budget towards education, according to Prime Minister and Education Minister Dr. Harini Amarasuriya. Addressing Parliament during the Committee Stage Debate on the Expenditure Heads for Education, …
As China’s EV boom makes the EU anxious, is it too late to work together?Decades after their first joint venture, EU carmakers fear losing their markets to China’s upstarts. Is it too late for them to work together?
The People’s Republic of China: 70 years of changesChina’s rise has been impressive by many standards. There is no clearer indication of the country's progress than its share of the world economy. Measured in purchasing power parity, China’s share of global GDP fell from an estimated 32 per cent in 1820 - when Qing …
China’s coffee craze creates bottomless cup of rural cafes – can the buzz last?China’s coffee consumption has been increasing by double-digits annually, and many new ‘rural cafes’ are trying to brew success as the risk of homogenisation looms.
As China, EU eye warm ties, Brussels aims to protect its manufacturing baseExperts say a key factor determining the dynamics between Brussels and Beijing is Europe’s underlying concern over China’s threat to the EU’s manufacturing prowess.
China slump fuels hopes for policy bazooka. Not this time, Swiss banker saysInvestors are eager to see a stronger policy response from Beijing to arrest a slump in output and stock prices, no thanks to its zero-Covid policy. Will China oblige?
China’s big yuan devaluation sent shock waves 10 years ago – what has changed?Lessons from the past, and an eye on the yuan’s globalisation, have helped shape a decade-long shift towards mostly market-based pricing for China’s currency.
Hang Seng Index trims weekly loss as Meituan, Chinese oil giants prosperStock traders ended the week on a positive note, helping the market end a seven-day losing streak. Gains in Meituan and CNOOC helped the Hang Seng Index trim losses in week.
China state-backed builder to list bonds in Macau, first since Xi’s visitAn urban and infrastructure developer in Nanjing has become the first Chinese state-backed entity to list its securities on Macau bond exchange, following up on President Xi Jinping’s measures to shift the city’s financial focus.
China’s economy expanded by 5.2 per cent in the second quarter, keeping it broadly on track to meet this year’s growth target. But analysts cautioned that weak domestic demand and rising external uncertainties could provoke a slowdown in the second half of 2025. The closely watched gross domestic product (GDP) figur…
A Chinese-built maglev train that will be the nation’s fastest-ever ground transport vehicle made its public debut in Beijing on July 10, 2025. The train, which can reach speeds of 600km/h (373mph), was developed by the China Railway Rolling Stock Corporation (CRRC). The train features a sleek, aerodynamic shape wit…
Hong Kong has rapidly transformed itself into a leading digital asset hub over the past three years. The government is now advancing efforts to build a trusted and sustainable digital market, anchored by four key regulatory pillars and a robust fintech ecosystem. Christopher Hui is the Secretary for Financial Servic…
Jeanette Thomas had just made her first payment on a loan from payday lender Advance Financial when she said the company emailed her with “good news.” She could borrow $206 more.
It’s been 17 years since tainted blood thinner from China injured or killed hundreds of people in the United States, and since then, contaminants and other defects have appeared in a cross section of America’s generic drugs.
· Brandon Roberts, Debbie Cenziper, Megan Rose, and Irena Hwang
South Koreans headed to the polls on June 3, 2025, to elect a new president to lead the nation. Opposition Democratic Party nominee Lee Jae-myung was the front runner ahead of conservative ruling People Power Party candidate Kim Moon-soo in the final polls conducted the week before the election. A third contender, L…