news
- 2021/06/01
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2020/10/02
- Super September for Stocks
- Eminent economists urge decisive action to prevent emerging debt crisis
- India discussing options to use rupee for South Asia trade
- Watawala Plantations becomes South Asia’s first RSPO certified palm oil plantation
- Sri Lanka on track to complete 9mn passenger airport terminal in 2023
- Trump Tests Positive for Covid-19 After Close Aide Becomes Ill
- Stocks Fall, Dollar Climbs as Trump Tests Positive: Markets Wrap
- 2020/02/18
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2020/02/17
- Sampath Bank declares full cash dividend of Rs. 11.75 per share
- President makes observation visit to Colombo Port City
- Strong performance by Atlas underpins Hemas profit growth
- [Hedge%20Funds%20Bet%20Aussie%20Will%20Overcome%20Impact%20of%20Coronavirus]Hedge Funds Bet Aussie Will Overcome Impact of Coronavirus
- Stocks Mixed Amid Policy Support, Weak Japan Data: Markets Wrap
- 2020/02/14
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2020/02/12
- Dhammika joins forces with Ritz Carlton and JW Marriott
- Negative ratings reversal possible in next budget cycle: CB Chief
- Galadari in talks with Radisson Blu to rebrand Colombo hotel
- Deaths Hit 1,115; Data Signal Spread May Be Easing: Virus Update
- Asia Stocks Mixed; Kiwi Surges on Rates Signal: Markets Wrap
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2020/02/11
- Growth, stability balance to define 2020
- President cracks whip on intervention by personal staff of PM, Ministers,.
- Aitken Spence revenue grows 3.3% to Rs. 43.8 b in 9 months
- Deaths Top 1,000; Singapore Sees Tourism Plunging: Virus Update
- Asian Stocks Rise as Virus Fears Linger; Oil Gains: Markets Wrap
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2020/02/10
- Raw deal for tourists exposed
- [Construction%20industry%20in%20crisis%20as%20coronavirus%20fears%20put%20projects%20on%20hold]Construction industry in crisis as coronavirus fears put projects on hold
- Lankan firms on show at Ambiente 2020 to boost exports
- Coronavirus May Infect Up to 500,000 in Wuhan Before It Peaks
- Asian Stocks Slip, Yuan Fluctuates on Virus News: Markets Wrap
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2020/02/07
- Hit by coronavirus, tourism industry pleads for one-year extension on relief
- Govt. firms up plans for best country effort at Expo 2020 Dubai in Oct.
- Cabinet approves raising Rs. 367 b for overdue payments
- Japan Finds 41 More Cruise Cases; Deaths Top 636: Virus Update
- Asia Stocks Drop After Biggest Jump Since June: Markets Wrap
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2020/02/05
- President commits to deliver true democracy and development
- Global giant HCL Technologies to enter Sri Lanka in strategic investment
- Sri Lanka can boost development by tapping agriculture, new technology
- Deaths Near 500; Asia Sees Multiple Infections: Virus Update
- Asian Stocks Advance; Singapore Dollar Declines: Markets Wrap
- 2020/02/03
- 2020/01/31
- 2020/01/30
- 2020/01/29
- 2020/01/28
- 2020/01/27
- 2020/01/24
- 2020/01/23
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2020/01/22
- Speaker approves release of forensic audit reports
- New SEC Chairman appointed, but appointment bad in law, claim analysts
- More French, Belgian tourists to visit SL after mega PR blitz
- New Virus Spreads to U.S., Sparking Rush to Contain Outbreak
- Asia Stocks Mixed After Virus-Triggered Sell-Off: Markets Wrap
- 2020/01/21
- 2020/01/20
- 2020/01/17
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2020/01/16
- Cabinet approves debt relief package to boost economy via SMEs
- S&P revises Sri Lanka’s outlook to negative; ratings affirmed at ’B/B’
- Crystal Property Group gets Rs. 180 m investment from global firm
- The Billion Centerpiece of the Trade Deal Is Already In Doubt
- Stocks Mixed in Asia After U.S.-China Trade-Deal: Markets Wrap
- 2020/01/13
- 2020/01/09
- 2020/01/08
- 2020/01/07
- 2020/01/06
- 2020/01/03
- 2020/01/02
- 2019/12/19
- 2019/12/17
- 2019/12/16
- 2019/12/13
- 2019/12/10
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2019/12/09
- Drafting of new law to regulate money lenders underway: CB
- LB Finance secures first place in K Seeds Investments 2Q Listed Finance
- SL ranked as top destination for winter travel by USA Today
- Biggest Hong Kong Protest in Months Signals More Unrest in 2020
- Asia Stocks Trade Cautiously; Treasuries Steady: Markets Wrap
- 2019/12/06
- 2019/12/03
- 2019/12/02
- 2019/11/29
- 2019/11/28
- 2019/11/26
- 2019/11/25
- 2019/11/22
- 2019/11/21
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2019/11/19
- President outlines policy priorities
- First-time female highest-paid CEO in Australia is with Lankan roots
- Stocks jump to more than 1-year high, rupee up after Rajapaksa poll win
- Hong Kong Violence Is Trickling Into Portfolios Outside Asia
- Taiwan Sees Chance to Reclaim High-End Industries Lost to China
- 2019/11/18
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2019/11/15
- BOI aims for $ 1.5 b FDI for 2019
- Sri Lanka’s highest value FDI via strategic investment in petroleum refinery
- SL prosperity index rises on better performance in all provinces: CB
- Justice Minister Hurt; Elderly Worker Dies: Hong Kong Update
- Stocks, Yields Gain on Renewed Trade-Deal Hopes: Markets Wrap
- 2019/11/14
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2019/11/13
- UL limps with Rs. 17.21 b loss
- Marketing guru Kotler cites Dilmah Tea for authenticity in his latest book
- Moody’s Analytics Knowledge Services rebrands as Acuity Knowledge Partners
- Calls for Third Day of Protest in City Center: Hong Kong Update
- Stocks Retreat as Investors Mull Trade, Hong Kong: Markets Wrap
- 2019/11/08
- 2019/11/07
- 2019/11/06
- 2019/11/05
- 2019/11/04
- 2019/10/31
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2019/10/30
- Cabinet greenlights $ 480 m MCC Compact deal with US
- Luxury tax will not affect small vehicles: Finance Ministry
- Sri Lanka names organic farming zone off Kalu-Moragahakanda project
- Modi Pushes India Even Further to the Right as Economy Sputters
- $__NEWS_MENU_TITLE__$ -billion-sale-of-local-chinese-brands-834.html"> Nestle to Weigh
- $__NEWS_MENU_TITLE__$ Billion Sale of Local Chinese Brands
- CB calls for holistic approach to drive SMEs
- Special retirement package for President due to special circumstances, says Cabinet
- 2019 tourist arrivals estimate cut to 1.9 m from 2.1 m
- China Corners Bond Bulls as Billion in Funds Reach Maturity
- Stocks Gain in Asia After U.S. Record; Bonds Drop: Markets Wrap
- Sanken to build 112-room hotel in Colombo with $ 9.3 m investment
- Emirates Chief says strategic investor may not be best option for UL
- SL lags in latest Ease of Doing Biz index
- Pence Faults China Over Hong Kong But Urges Trade Engagement
- Stocks Trade Mixed as Amazon Profit Saps Optimism: Markets Wrap
- Igniting the nation’s mojo via business leaders
- IMF downgrades 2019 global growth to 3%; lowest in decade
- IMF downgrades 2019 global growth to 3%; lowest in decade
- UberEats expands Sri Lanka restaurant sales, female job opportunities
- China Threatens to Retaliate If U.S. Enacts Hong Kong Bill
- Asia Stocks Chase Wall St. Gain; U.S. Futures Dip: Markets Wrap
- Market Watch Daily”- 16th October 2019.
- Cinnamon opens 15th property, Cinnamon Velifushi Maldives
- CSE and SEC ring bell for financial literacy
- Taskforce to coordinate recovery of illegally acquired State resources
- Market Correction Could Be About Half Over, JPMorgan Calculates
- U.S. Futures Drop, Yuan Dips as Trade Talks Loom: Markets Wrap
- Uber launches app aimed at connecting workers with businesses
- Softlogic Life only Lankan company in Forbes’ Asia’s Best Under A Billion 2019
- Cabinet nod for $ 20 b Hambantota refinery project by S’pore firm
- Putin Says Russia Is Helping China Build Missile Warning System
- Asia Stocks Trade Mixed; Treasuries Hold Gains: Markets Wrap
- Sri Lanka’s Most Admired Companies announced
- Sri Lanka rupee undervalued, good for producers: CB Governor
- Sri Lanka’s central bank buys bonds in new money printing phase
- Trump's Attack on Whistle-Blower in Private Meeting Was Caught on Video
- Japan Shares Slide; U.S. Treasuries Hold Gains: Markets Wrap
- Trade deficit contraction tops $ 2 billion in 1H
- SEC files action against four investors for market manipulation
- Mahindra Finance and Ideal Finance form NBFI joint venture in Sri Lanka
- Hong Kong Protests Enter Crucial Period Before China’s Big Anniversary
- Stocks Mixed on Low Volumes; Treasuries Slip: Markets Wrap
- LOLC surpasses $ 1 b in equity
- Mahindra opens first automotive assembly plant in Sri Lanka, expands global
- Teplitz tapers down Lankan fears over $ 480 m US Millennium Challenge deal
- Hong Kong Property Market Withstands Unrest Roiling Economy
- Asian Stocks Climb, Treasury Yields Edge Higher: Markets Wrap
- Sri Lanka submits LP Gas price formula to court: Harsha
- Sri Lanka Commercial Bank June profits fall with higher interest costs, bad debt
- Qualified audit opinion on Sri Lanka airport operator over Mattala
- China Preps Tariff Response as Trump Sees a Xi Call ‘Very Soon’
- Treasuries Steady After Recent Surge; Stocks Mixed: Markets Wrap
- SriLankan Airlines to report loss of up to 0 m due to Easter Sunday attacks:
- Ambeon Group posts stellar performance in FY19
- Hotels get six-month deferral to pay Tourism Development Levy
- China Sets Yuan Fixing Stronger Than Expected, Soothing Nerves
- Australia’s Housing Market Is Suddenly Heating Up Again
- VAT and NBT cuts in Budget to be given from Sept.
- Stock market posts near 2-week closing low; rupee extends losses
- Bond yields increase further ahead of weekly bills auction
- Yuan Weakens After Central Bank Sets Fixing Closer to 7 a Dollar
- Stocks Mixed as Trade Concern Lingers; Kiwi Slumps: Markets Wrap
- Amendments to Companies Act approved by P’ment
- Stock market gains to highest in nearly 20 weeks; rupee falls
- Asian brand Next to open hotel with 164 rooms and suites in Colombo in November
- U.S. Warship Sails Through Taiwan Strait Ahead of Trade Talks
- Stocks Trade Mixed in Asia, Australia Bonds Rally: Markets Wrap
- Exports rebound in May
- Tourism earnings drop by 71% in May
- Sri Lanka trade gap narrows in May 2019 after monetary instability
- Sri Lanka trade gap narrows in May 2019 after monetary instability
- China Is Drafting Urgent Plan to Resolve Hong Kong Chaos, SCMP Says
- Australia Sees Jobs Boom in West as Resources Comeback on Cards
- Terror-hit tourism wants quick moves for proper revivalTerror-hit tourism wants quick moves for proper revival
- Colombo considers green living
- Sri Lanka keen on enhancing connectivity with Indian ports
- China’s Growth Slides to Weakest Pace in Almost Three Decades
- Asia Stocks Slip as China Growth Data Weighed: Markets Wrap
- CB seen keeping rates steady after easing to spur growth
- Malik meets JETRO Chief to boost SL-Japan business ties
- Sri Lanka's overnight target rate down 84-bp since floor rate cut
- What Powell’s Rate Cut Signal Means for China’s Central Bank
- Asian Stocks Push Higher; Dollar Slips on Powell: Markets Wrap
- Govt. gives fresh boost for tourism
- Port City completes Rs. 500 m livelihood support program
- BRI, debt and diplomacy: Challenges and opportunities for China-Sri Lanka economic relations
- Sri Lanka recyclers facing waste plastic shortages: Minister
- Sri Lanka's United Motors eyes commercial, earth moving vehicles as car sales fall
- Govt. brews fresh cuppa for estate sector wage hike
- Cabinet approval to strengthen fiscal responsibility
- Sri Lanka making detailed designs for US0mn Colombo suburban electric train
- China Reiterates Demand That U.S. Must Lift All Tariffs
- Stocks See Muted Trading in Asia as Jobs Data Loom: Markets Wrap
- Difficult operating conditions to stifle bank performance in 2019: Fitch
- US technical assistance to improve Ease of Doing Biz rankings
- Sri Lanka’s Expolanka diversifies into tech products shipments, expands warehousing
- Stocks Slip in Asia Ahead of Key Trump-Xi Meeting: Markets Wrap
- Xi Condemns ‘Bullying’ Ahead of Meeting With Trump: G-20 Update
- Stakeholders confident of tourism sector recovery, suggest way forward
- Capital market must focus on insurance sector to spur growth: NITF Chief
- SCB triggers big global demand to finance Sri Lankan Airlines
- China No Match for Japan in Southeast Asia Infrastructure Race
- Stocks Trade Mixed; Oil Climbs on Iran Tensions: Markets Wrap
- Moody’s revises SL’s growth to 2.6%
- Govt. hiding truth over Easter attacks: Malcolm Cardinal Ranjith
- Fitch, S&P issue rating on Sri Lankan Airlines’ proposed $ 175 m guaranteed dollar
- Joshua Wong Calls for Encircling Police HQ: Hong Kong Update
- Stocks Are Mixed at End of Best Week Since January: Markets Wrap
- Port Chief says new deal for critical ECT best fit and win-win
- Sri Lanka’s first satellite ‘Raavana 1’ launched into orbit
- Aitken Spence Hotels to expand through management contracts in Sri Lanka
- Why China Still Wins Even If Protests Oust Hong Kong's Leader
- Asian Stocks Drift; Treasuries, Dollar Steady: Markets Wrap
- Value of moratorium sought by tourism biz tops Rs. 60 b
- CJ gives permission for AG to indict 10 bond scam suspects
- Sri Lanka Auditor General bares Rs186bn 'contingent liability' fiddle on RDA loans
- Wal-Mart and Hundreds of Other Companies Call on Trump to Drop China Tariffs
- Stocks Mixed in Asia as Yields Grind Down; Gold Up: Markets Wrap
- Sri Lanka Tourism kicks off revival post-Easter Sunday setback
- Non-financial public enterprises in Sri Lanka bust Rs129bn in 2018 as soft-peg
- Sri Lanka in talks with UN anti terror chief on countering violent extremism,
- Hong Kong Locked in Extradition Stalemate After Protesters Face Tear Gas
- Stocks, U.S. Futures Slide; Yen Rises With Bonds: Markets Wrap
- Fairway waste-to-energy project gets power purchase deal
- Banks asked to exercise due diligence with respect to NGOs, charities
- Sri Lanka's central bank defends discretionary monetary policy
- Trump's Next Trade War Target: Chinese Students at Elite Schools
- Stocks Edge Lower in Asia Trading, Treasuries Slip: Markets Wrap
- Leisure-hit JKH says outlook for other biz “positive”
- SLPA says new deal on ECT to boost Colombo Port
- Spence outperforms industry benchmarks with 13.8% growth in Pre-Tax Profit
- Billionaire Huawei Founder Defiant in Face of Existential Threat
- Asia Stocks Mixed; Yuan Steady After China Warning: Markets Wrap
- Tourism wails over VAT cut volley
- Advocata supports expert committee recommendations on restructuring SriLankan
- CSE Chief tells Singapore investor forum Sri Lanka will bounce back stronger
- Trump Wields a More Powerful Weapon Than Tariffs for Trade War
- Goldman Says Buy Commodities in Worst Weekly Slump This Year
- Clergy point to invisible hand with political motives behind violence
- ComBank deposits surpass landmark Rs. 1 t in Q1 2019
- Sri Lanka to lure tourists from Thailand, short haul markets
- Sri Lanka’s CICT invests in dangerous goods storage facility
- Sri Lanka to lure tourists from Thailand, short haul markets
- Move to let SOEs borrow in foreign currency
- China says ‘fed up’ with hearing US complaints on Belt and Road
- Cardinal urges forces to conduct security checks on all
- Stocks fall for 6th session, rupee snaps 2 days of gains
- Uber Raises .1 Billion in IPO Priced Near Bottom of Range
- Move to let SOEs borrow in foreign currency
- Sri Lanka tourist arrivals fall 7.5 percent in April after bombings
- Sri Lanka to enter global value chains with Indian, Chinese links: CB Governor
- Telenor and Dialog Axiata's parent in talks to merge Asian businesses
- New Zealand Is Poised to Cut Interest Rates as the Economy Cools
- [Asia%20Stocks%20Mixed%20on%20Tariffs;%20Treasuries%20Steady:%20Markets%20Wrap]Asia Stocks Mixed on Tariffs; Treasuries Steady: Markets Wrap
- Sri Lanka to give tax waivers, support measures for tourist industry: report
- Sri Lanka's Mattala airport use halves in 2018
- Private sector opposes SLPA tariff hike move
- China Considers Delaying Next Trade Talks After Trump’s Tariff Threat
- Yuan Plunges, U.S. Stock Futures Drop on Trade War: Markets Wrap
- Tourist arrivals plunge 50%-70% post-Easter Sunday terror attacks
- South Asia’s largest LPG transshipment terminal by LAUGFS starts
- Govt. to obtain 0 m loan for Port City development
- Hotels to meet airlines today to lure tourists with special promotions
- Asian Stocks Trade Mixed; Dollar Retains Advance: Markets Wrap
- Sinopec wins bid to operate tank farm at Hambantota Port
- IFC report estimates investor appetite for impact investing could be as high as 26t
- Manufacturing, services sectors expand in March
- China's Economic Growth Unexpectedly Held Up in First Quarter
- Trump Stirs Alarm That He May Be Giving China a New Trade Weapon
- Perseverance, SL’s strategic location bring biggest FDI project to fruition
- SEC files action against Dr. Sena Yaddehige for insider dealing
- More countries opting for Artificial Intelligence to prevent crime
- Singapore Luxury Home Prices Drop Most in a Decade on Curbs
- Stocks Gain, Yen Dips as China Eases Growth Worry: Markets Wrap
- Sri Lanka firms eye converted residences to cut costs amid slowdown
- Increasing sustainability reporting in Sri Lanka and Bangladesh
- Rupee extends gains; stocks rebound from 6-year low
- Kudlow Says U.S. Ready to Extend China Talks by Weeks or Months
- Asia Stocks Gain; Capping Strong Quarterly Rebound: Markets Wrap
- CEB to go for supplementary power purchases to address power shortage
- Adani Global wins spot tender to supply coal to Norochcholai
- Euro 11 m German grant to set up technical training institute in Matara
- Trump's Warships Test China’s Red Lines as Trade Talks Grind On
- Stocks Slide Again as Bond-Yield Drop Stokes Worry: Markets Wrap
- NCE requests representation in Budget Monitoring Committee
- Govt. to implement National Digital Economy Strategy by mid-2019
- Sri Lanka goes from boom-bust to bust-bust with soft-peg: Bellwether
- Airbus Secures Billion China Deal in New Blow to Boeing
- Japan Stocks Jump, U.S. Futures Advance, Yen Dips: Markets Wrap
- Sri Lanka quarterly growth slows to near 4-year low on political crisis
- Oman denies it has agreed to invest in Sri Lanka oil refinery project
- ADB, China lead project loan disbursements for Sri Lanka in 2018
- Fed holds line on rates, says no more hikes ahead this year
- Trump Says Tariffs Will Stay Until China Complies With Deal
- Sri Lanka's Sanken eyes mega projects with foreign partners after 2019 budget
- Huawei steps up commitment, growth potential in “innovation hub” SL
- Sri Lanka dairy farmers in trouble after buying imported milch cows
- Mukesh Ambani Bails Brother Out of Jail Trouble by Paying Dues
- Asian Stocks Fall Ahead of Fed; Dollar Steadies: Markets Wrap
- Mandatory provisions on separation of Chairman/CEO roles awaiting public consultation: SEC Chairman
- New Tourism Advisory Committee gets down to work
- Cabinet approves 28 1 MW solar power projects
- U.S. Grounds Boeing 737 After Latest Crash Linked to Earlier One
- Asia Stocks Trade Mixed; Pound Pares Surge: Markets Wrap
- Fiscal consolidation plans need policy effectiveness and stronger growth: Moodys
- JICA signs Rs. 48 b concessionary loan to build Malabe-Fort LRT line
- Norges Fund investments in Sri Lanka grow 15.3-pct to US.3m in 2018
- Singapore Halts All Incoming, Outgoing Boeing 737 Max Flights
- Asia Stocks Rise Most Since January, Pound Climbs: Markets Wrap
- Colombo District Land Price Index up 18%
- Swiss Singapore Overseas gets another Sri Lanka crude oil deal
- Swiss Singapore Overseas gets another Sri Lanka crude oil deal
- Sri Lanka national debt soars to 84-pct of GDP amid soft-peg collapse
- China Stocks Slump Most This Year as Sell Rating Shocks Traders
- Stock Slide Extends to Asia Amid Growth Worries: Markets Wrap
- Visolit sees potential in IT service sector to expand presence globally
- Sri Lanka launches 5 and 10 year sovereign bonds
- Sri Lanka gets oil refinery, steel plant investments from Singapore
- Trump Pushes China Trade Deal to Boost Markets as 2020 Heats Up
- Asian Stocks Drop on Growth Woes; Yen Edges Higher: Markets Wrap
- Higher exports for job growth
- Govt. asks IMF for 1-year loan extension, relax tight spending targets
- Union Bank reports impressive 49% growth in profit before all taxes in FY18
- Asia Stocks Post Modest Gains; Dollar Steadies: Markets Wrap
- Trump Lands in Hanoi for Second Kim Summit as Ambitions Run Low
- CB puts ISBs first in quest for debt repayment funds
- Commercial Bank ends 2018 with a solid performance
- Sri Lanka growth may have slowed to 3-pct GDP in 2018, 4-pct target in 2019
- Trump Extends China Tariff Deadline After ‘Substantial’ Progress
- Stocks Gain in Asia, Yuan Rises on Trade Optimism: Markets Wrap
- Public sector change essential for growth: CIMA President
- India to help set up Information Technology Park in Jaffna with Rs. 250 m grant
- Sri Lanka cuts statutory reserve ratio, releasing liquidity
- Trump Plans to Meet China’s Top Trade Chief on Friday
- Asia Stocks Follow U.S. Peers Lower; Bonds Steady: Markets Wrap
- Seylan Bank reports modest overall growth in FY 2018
- DFCC continues with stable growth despite challenges
- Macroeconomic crisis in Oct-Dec. quarter triggers Rs. 327 m loss at Softlogic
- Housing Dream Turned Nightmare Spurs a Backlash in Australia
- Stocks Pare Losses on Trade Optimism; Bonds Slip: Markets Wrap
- Germany calls for more transparency in SL as bilateral ties expand
- Macroeconomic crisis in Oct-Dec. quarter triggers Rs. 327 m loss at Softlogic
- Japan’s Odakyu Group partners TAD Group for Rs. 4.5 b investment in Sri Lanka
- $__NEWS_MENU_TITLE__$ -trillion-243.html">The Reasons Why China's Stock Rally Is Nearing
- $__NEWS_MENU_TITLE__$ Trillion
- MTD Walkers PLC enjoined from transferring shares till 20 February
- UK announces Core Group will submit resolution on Sri Lanka at UNHRC session
- Sri Lanka to revive small scale rice millers to boost competition
- Fed Officials’ Views on the Economy Have Converged: It's in a Good Place
- Asian Stocks Mixed on Trade Talks Wait-and-See: Markets Wrap
- Taranjit tells Sri Lanka “only country joined by destiny” is India
- NDB records exceptional performance for 2018
- Sri Lanka EPF had funded Perpetual deals after avoiding auctions: Auditor General
- Trump Wants to Meet With Xi ‘Very Soon’ Over Trade War, Adviser Says
- Stocks Rise on U.S. Federal Funding, Trade Hopes: Markets Wrap
- Expolanka posts strong consolidation on top and bottom line performances in 3Q
- Biz confidence improves post-Supreme Court ruling
- Sri Lanka’s Teejay Lanka December quarter net profit up 12-pct
- Trump Says He Won't Meet Xi Jinping Before Tariff Deadline
- Asian Stocks Slide Most in a Month; Aussie Sinks: Markets Wrap
- JKH reports growth in top line and bottom line for 3Q
- CB Chief says debt challenge manageable but proper fix is higher exports and FDI
- Sri Lanka soft drink maker sees volumes plunge 23-pct
- Asia Stocks Flat as U.S.-China Trade Talks Wear On: Markets Wrap
- China Vows to Buy More U.S. Goods, Sees Progress in Trade Talks
- Construction cash strapped
- Highest marine microplastic pollution in seas off Sri Lanka's North West: study
- Sri Lanka poultry groups warns of weakening demand, Fall Armyworm
- China Has Too Many Investment Bankers. That Means Fees of Just 0.001%
- China Manufacturing Shows Resilience Amid Trade War, Slowdown
- Tax and policy incentives for Port City soon
- Sri Lanka’s Fintrex Finance to focus on lending to entrepreneurs
- Sri Lanka awaits armyworm damage report to relax maize imports
- U.S. and China Are Talking Some More, But Deal Prospects Are Still Slim
- Asian Stocks Slip Before Fed; Yuan Extends Gains: Markets Wrap
- RPCs and trade unions end wages deadlock; agree to Rs. 750 daily wag
- Sri Lanka tightens capital account to maintain soft-peg
- Sri Lanka car registrations fell sharply amid currency, political crises
- Emerging Asia Market Rebound in Sight With China, Trade Caveats
- Here Are Three Scenarios for U.S.-China Trade Talks This Week
- Sri Lanka rupee 'undervalued' with REER at 96 amid soft-peg collapse
- War against Fall Armyworm
- Business leaders share the ‘why’ and ‘how’ of employer-supported childcare at roundtable
- Asian Stocks Pare Early Losses; Yen Declines: Markets Wrap
- BOJ Leaves Stimulus Unchanged as It Cuts Inflation Outlook Again
- Sri Lanka's EPF loses most from Laugfs, Dockyard, Carsons; gains from banks
- EIU forecasts SL’s growth to be below 5%
- Tourism achieves $ 4.4b revenue target for 2018
- U.S.-China Trade Talks Falling Short on Make-Or-Break IP Issues
- https://www.bloomberg.com/news/articles/2019-01-21/u-s-china-trade-talks-falling-short-on-make-or-break-ip-issues?srnd=premium-asia
- China’s Economy Slows to the Weakest Pace Since 2009
- CSE expresses optimism amidst headwinds
- Sri Lanka targets three million tourists in 2019: minister
- People’s Merchant draws motor industry specialist Sterling as strategic investor
- Brexit Pushes Britain to Brink as Government Fights for Survival
- Four Chinese Tycoons Just Transferred Billion to Trusts
- MTI strategies Africa entry for Bangladesh’s top conglomerate
- $__NEWS_MENU_TITLE__$ -2bn-on-soft-peg-in-late-2018-exceeds-imf-receipts-127.html"> Sri Lanka busts US
- $__NEWS_MENU_TITLE__$ .2bn on soft-peg in late 2018, exceeds IMF receipts
- Sri Lanka to be 'brutal' on finance companies that lose capital
- Japanese experts helps Sri Lanka update monetary laws
- Tourist arrivals growth higher in 2018 with record haul in December
- Yen Jumps as Apple Fans Growth Woes; Stocks Mixed: Markets Wrap
- Apple’s China Trouble Makes Trump’s Trade War Harder to Defend
- Laugfs Gas to invest Rs. 1.15 b in subsidiary’s LPG terminal venture
- Lighthouse Hotel goes for first major revamp with Rs. 450 m investment
- PricewaterhouseCoopers Sri Lanka promotes Myanmar opportunities for Lankan firms
- China Has the World's Worst Stock Market With .3 Trillion Loss
- Biggest Stock Reversal Since 2010 Rings of Bear Market Bounce
- LeapFrog invests over Rs. 2 b for 19% stake in Softlogic Life Insurance
- Hayleys Advantis unveils Sri Lanka’s largest distribution hub
- Sri Lanka’s SAGT nearly doubles design capacity handling 2mn containers
- BOJ Keeps Policy Unchanged After Fed Adds Dovish Tint to Outlook
- Fed Raises Rates, Turns More Cautious on Outlook for 2019 Hikes
2019/10/23
SoftBank Unveils $9.5 Billion WeWork Rescue, Gets 80% Stake
On Wednesday it has accepted a rescue package from SoftBank Group Corp., its largest investor, that will give the Japanese conglomerate an 80% stake in the company. The deal marks the end of an era for the troubled co-working giant, which raised money at a $47 billion valuation in January, pulled out of a botched initial public offering attempt last month and is now valued at less than $8 billion in the bailout. - Bloomberg
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