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
HSBC has moved a board meeting scheduled for Dubai this month to London amid continuing security concerns linked to the conflict involving Iran, according to people familiar with the decision. Board members
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An International Monetary Fund (IMF) staff team has concluded discussions with Sri Lankan authorities on the country’s seventh review under its Extended Fund Facility (EFF) arrangement and the 2026 Article IV Consultation,
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Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, plans to open data centres in Turkey, Finland and the Netherlands over the next 12 months as it accelerates its international expansion
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China is promoting long-term, value-focused investing as it seeks to reshape its roughly US$4.5 trillion mutual fund industry and attract foreign investors, with the approach gaining renewed attention following Warren Buffett’s departure
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Sri Lanka’s Cabinet has approved the award of a major aviation fuel infrastructure contract to China Petroleum Pipeline Engineering Company Limited, covering the construction of facilities to transport aviation fuel from Muthurajawela
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Paramount Skydance has settled lawsuits brought by 12 state attorneys general and the Writers Guild trade union, clearing a major legal obstacle to its historic $110 billion acquisition of Warner Bros. Discovery.
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According to the latest report from the Central Bank of Sri Lanka, tourism earnings between January and August 2026 amounted to US$2,061.1 million, down from US$2,290 million recorded during the corresponding period
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For decades, Sri Lanka’s national airline has occupied an uneasy place in the country’s public life: a source of national pride on one hand and a continuing financial burden on the other.
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Singapore has raised more than S$1.1 million (US$862,000) from the first auction of luxury goods seized in the country’s S$3 billion (US$2.35 billion) money laundering case, with intense competition for handbags and
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China’s revenue from stamp duty on stock sales surged 82 per cent year on year in the first eight months of the year, reflecting a sharp increase in trading activity as investor
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Sri Lanka’s debt is considered sustainable, but risks surrounding the country’s ability to maintain that position remain at a high level, according to an assessment attributed to the International Monetary Fund (IMF).
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Hong Kong has unveiled its first five-year strategic blueprint, placing the financial sector at the centre of its economic strategy and describing finance as the city’s “pivotal and crowning strength”. The plan,
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China reduced its holdings of US Treasuries to an 18-year low in July, highlighting a broader retreat by foreign holders of American government debt as concerns over the sustainability of Washington’s finances
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The renminbi’s role in South-east Asia is moving beyond trade settlement as companies increasingly incorporate the Chinese currency into their treasury strategies, financing arrangements and capital-market activities. Karen Ng, Standard Chartered’s head
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Malaysia’s multibillion-dollar data-centre expansion is creating a broader opportunity for the country to capture more of the artificial intelligence supply chain, with companies and industry leaders looking beyond server facilities towards chips,
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