Sri Lanka is moving to establish a National Trade Negotiation Committee to prepare the groundwork for prospective Free Trade Agreement (FTA) negotiations, with preliminary activities potentially beginning in January, the Ministry of
Myanmar’s informal money-transfer network is providing a financial lifeline to families struggling with economic hardship while enabling migrants abroad to bypass banking channels controlled by the military-backed government. Known as the hundi
More
China is seeking to establish at least five innovative pharmaceutical products with annual global sales exceeding US$1 billion by 2030, an ambitious goal that reflects the country’s growing influence in biotechnology and
More
Paramount Skydance completed its $110 billion takeover of Warner Bros Discovery on Tuesday, creating a major Hollywood conglomerate and giving chief executive David Ellison control of one of the world’s largest entertainment
More
Sri Lanka’s garment export earnings fell 7.4% in August 2026 compared with the same month a year earlier, according to export data released by the Central Bank of Sri Lanka. Garment export
More
Sri Lanka spent US$4.07 billion on fuel imports during the first eight months of 2026, a 61.6 per cent increase from the US$2.52 billion recorded during the same period last year, according
More
Sri Lanka’s trade deficit widened by 69% in the first seven months of 2026, exceeding US$6.5 billion, as a sharp rise in import expenditure far outpaced the modest growth in export earnings,
More
A significant discrepancy has emerged between a population figure published by Sri Lanka’s Central Bank for the Northern Province and the latest official census data issued by the Department of Census and
More
Advanced Micro Devices has agreed to acquire artificial intelligence startup World Labs for $8.2 billion, adding a team of prominent AI researchers and its technology to the chipmaker’s expanding portfolio. The all-stock
More
China’s State Council has called for stronger countercyclical economic policies and encouraged local governments to pilot measures aimed at increasing domestic consumption as Beijing responds to slowing growth and weak consumer demand.
More
SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
More
Australia’s largest gold producer, Northern Star Resources, has rejected a A$39bn ($27bn) takeover offer from South Africa’s Gold Fields, blocking a proposed combination that would have created the world’s second-largest gold miner.
More
Southeast Asian businesses are looking to China’s newly opened Pinglu Canal to reduce transport bottlenecks and provide direct access to markets deep inside the country, but officials and analysts warn that the
More
Over three decades, China has transformed from a relatively poor economy into the world’s largest economy by purchasing power parity, overtaking both the United States and the European Union. In 1990, China’s
More
Volkswagen chief executive Oliver Blume has secured stakeholder backing for his turnaround plan, but the German carmaker now faces difficult negotiations over job cuts and plant closures, alongside unresolved questions about its
More
Jane Street is set to double its London office space after outgrowing its existing premises near Liverpool Street during a period of rapid growth for the specialist trading firm. The company has
More