Sri Lanka Records Strong Tourism Growth in September
Colombo, September 15, 2025 – Sri Lanka’s tourism industry has shown a remarkable rebound, with over 52,000 tourists arriving in...
Business & Economy
Chinese EV Giant XPENG Charges into New Zealand Market, First Showroom Slated for Auckland
AUCKLAND, NZ – The electric vehicle (EV) landscape in New Zealand is set for a significant shake-up with Chinese EV...
New Zealand Tightens Squeeze on Russia with Further Sanctions
WELLINGTON – In a concerted effort to deepen the economic pressure on the Kremlin, the New Zealand government has announced...
Sri Lanka’s Economy Shows Signs of Recovery and Strategic Shift
COLOMBO - In a series of positive economic developments, Sri Lanka has received a new grant from the Netherlands, commenced...
New Zealand Super Fund Targets Domestic Infrastructure Investments to Boost Economy
Wellington, New Zealand – September 8, 2025 – The New Zealand Superannuation Fund (NZ Super Fund), one of the country’s...
Sri Lanka’s Worker Remittances Surge 18% in August, Providing a Lifeline to the Economy
Colombo, September 8, 2025 – In a significant boost to Sri Lanka’s fragile economy, overseas worker remittances surged to US...
Amazon’s New Auckland Data Centers Spark Economic Debate:
The official opening of Amazon's new data centers in Auckland has sparked a wide-ranging debate about the true long-term benefits...
A Nation’s EV Ambition Stalls: Sri Lanka’s Import Crisis Deepens Beyond BYD
COLOMBO – Sri Lanka's ambitious transition to electric mobility is facing a major roadblock as a government-appointed committee expands its...
Air New Zealand Faces Fresh Turbulence: Leadership Transition Amidst Operational and Financial Headwinds
Sub-headline: As Air New Zealand grapples with post-pandemic recovery, operational disruptions, and customer dissatisfaction, the sudden resignation of CEO Greg...
Sri Lanka Seeks $500 Million Chinese Loan in Yuan: A New Chapter in Debt, Diplomacy, and De-Dollarisation
Sub-headline: As Sri Lanka struggles with debt restructuring and IMF-backed reforms, Colombo turns to Beijing for a $500 million yuan-denominated...
CEAT Commits $170 Million to Sri Lanka: A Landmark Investment in the Tyre Industry
Sub-headline: India’s CEAT Ltd announces a record-breaking $170 million investment in Sri Lanka’s tyre manufacturing operations, promising to boost exports,...
NZ Commits Nearly NZ$3 B to Revamp Helicopter and Long-Range Aircraft Fleet
According to the guardian news The New Zealand government unveiled a substantial NZ$3 billion defense modernization plan this week. The...
Reserve Bank Slashes OCR to Three-Year Low Amid Growth Concerns
On August 20, 2025, the Reserve Bank of New Zealand announced a cut in its official cash rate by 25...
Sri Lanka Inks UK Final Debt Restructure Agreements
Sri Lanka has taken another significant step in its path toward economic recovery by signing final debt restructuring agreements with...
Debt office taps Rs7.85 bn in extra T-bills after auction
Sri Lanka’s debt office sold an additional Rs7.85 billion in Treasury bills on tap following this week’s auction, bringing the...
Fonterra to sell consumer brands to Lactalis for US$2.2 billion
Fonterra has agreed to sell its consumer business to France’s Lactalis Group for US$2.2 billion, marking one of the most...
Economic Outlook: Westpac Forecasts Cautious Recovery as RBNZ Eyes Further Rate Cut
Westpac's latest Economic Overview provides a mixed but largely optimistic picture of New Zealand's financial health. The report suggests that...
New Zealand’s Prolonged Recession: Kiwibank Warns of Extended Economic Slump
WELLINGTON, NZ – The hopes of a swift economic rebound in New Zealand have been tempered by a sobering new...
Global Supply Chain Resilience: Adapting to a Shifting Geopolitical Landscape
Brussels, Belgium – The inherent fragility of global supply chains, dramatically exposed by recent geopolitical events, trade disputes, and the...
Economic Reforms and IMF Discussions: Sri Lanka’s Critical Path to Stability and Growth
Colombo, Sri Lanka – Sri Lanka continues its critical journey towards economic recovery, with ongoing and intensive discussions with the...
