Consumer demand for cars in China tumbles following record-high sales of 23.7 million units in 2025.
CA Sri Lanka, BASL partner to strengthen professional collaboration via strategic MoU
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Bar Association of Sri Lanka (BASL) entered into a Memorandum of Understanding (MoU) on 17 July to strengthen engagement ...
IFC’s Global Trade Finance Program announces first participant bank in Yemen
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Saudi Arabia Rises to 13th Globally in Foreign Direct Investment Rankings
Saudi Arabia has strengthened its position on the global investment map, advancing to 13th place worldwide in attracting foreign direct investment (FDI) last year, up from 17th place in 2024, ...
Iraq Signs 48 Deals with US Firms
By John Lee. Iraq has signed 48 agreements, memoranda of understanding (MoUs) and partnership declarations with US public and private sector entities spanning the oil, electricity, technology, finance ...
‘We want patients to get int’l-standard care in Bangladesh’
In a recent interview with The Business Standard's Tawsia Tajmim, Chief Executive Officer Ardra Kurien discussed the hospital's first-year journey, achievements, initiatives to make healthcare more ...
Murmu invites Moldovan firms to explore India at business forum
President Droupadi Murmu urged Moldovan and Indian businesses to deepen trade and investment links at a forum in Moldova. Her outreach highlighted fresh opportunities in technology, clean energy and ...
LB Finance posts Rs. 3.54 Bn PAT in 1Q
Sri Lanka, July 20 -- LB Finance PLC commenced the 2026/27 financial year on a strong note, recording a 31% increase in profit after tax to Rs. 3.54 billion for the quarter ended June 30, 2026, ...
Cyprus housing finance body moves to sell €135 million NPL portfolio
The Housing Finance Corporation (HFC) has launched a tender for external advisory services to support the sale of a non-performing loan (NPL) portfolio estimated at around €135 million, a move its ...
Sri Lanka’s inflation target: Should it be cut from 5% to 2%?
As Sri Lanka approaches the scheduled review of its inflation target, and with public consultations underway, the debate over the appropriate level of the medium-term inflation target has intensified.