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Finance

Major European and Asian Private Equity Firms Move to Consolidate Amidst Competitive Fundraising Pressures.

May 20, 2026 at 4:28 AM

Europe's private equity landscape faces a significant shake-out as major firms target over €110 billion in new capital by 2026, leading to a push for strategic mergers and operational specialization to stay competitive.

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Major European and Asian Private Equity Firms Move to Consolidate Amidst Competitive Fundraising Pressures
Image Credit : pharmaphorum.com
Local News
Commercial Bank Group Hits Historic Rs. 3.5 Trillion Asset Milestone in Q1 2026
Image Source : combank.lk

Commercial Bank Group Hits Historic Rs. 3.5 Trillion Asset Milestone in Q1 2026.

May 15, 2026 at 11:52 PM
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Local News
Public Sector Independence Under Threat: Controversy Over 'Clean Sri Lanka' Appointments
Image Source : theguardian.com

Public Sector Independence Under Threat: Controversy Over 'Clean Sri Lanka' Appointments.

May 9, 2026 at 10:00 PM
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Local News
Critical Perspective: Governance Concerns Surrounding the NPP Administration
Image Source : scmp.com

Critical Perspective: Governance Concerns Surrounding the NPP Administration.

May 9, 2026 at 7:18 PM
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Global Private Equity Giants Pour Billions into AI Infrastructure as Data Center Demand Soars
Image Source : communicationstoday.co.in
Technology•
May 9, 2026 at 10:49 AM

Global Private Equity Giants Pour Billions into AI Infrastructure as Data Center Demand Soars.

Major private equity firms like Blackstone and Blue Owl are aggressively investing in data centers and AI infrastructure, identifying a nearly $900 billion market opportunity for third-party investors.

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Technology

Hong Kong Emerges as the Engine of China’s New Tech Ecosystem.

May 4, 2026 at 11:15 PM

Hong Kong's stock market is experiencing a massive resurgence in IPO activity, signaling a strategic shift as China attempts to build a self-sustaining, Silicon Valley-style tech ecosystem that prioritizes domestic funding.

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Hong Kong Emerges as the Engine of China’s New Tech Ecosystem
Image Credit : global.chinadaily.com.cn
Business News

Lanka Hospitals Reports Exceptional Growth in 2025 Financial Performance.

Lanka Hospitals Corporation PLC has concluded a highly successful 2025, driven by a steadfast commitment to world-class clinical excellence and long-term patient trust, marking a period of robust corporate expansion.

May 3, 2026 at 8:32 PM
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Local News
Sri Lanka Launches 'PIC-Net' Initiative to Deploy 400 Digital Transformation Leaders in Public Sector
Image Source : ft.lk

Sri Lanka Launches 'PIC-Net' Initiative to Deploy 400 Digital Transformation Leaders in Public Sector.

May 2, 2026 at 7:40 PM
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Local News
Rising Political Tensions: NPP Government Faces Allegations and Internal Scrutiny
Image Source : newswire.lk

Rising Political Tensions: NPP Government Faces Allegations and Internal Scrutiny.

April 29, 2026 at 12:28 AM
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Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition
Image Source : alternativefundinsight.com
Finance•
April 28, 2026 at 4:37 PM

Millennium Management Solidifies Dominance Through Strategic Jain Global Acquisition.

Izzy Englander's Millennium Management is evolving into an institutional asset powerhouse, exemplified by its recent absorption of Bobby Jain's Jain Global, marking a shift toward private equity-style expansion.

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Business

Navigating Exit Strategies: When Business Owners Become Partners in Private Equity Deals.

April 28, 2026 at 4:57 AM

Exploring the nuances of selling a business to private equity firms, where founders often retain a stake and continue operating the company, balancing potential growth against loss of autonomy.

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Navigating Exit Strategies: When Business Owners Become Partners in Private Equity Deals
Image Credit : dakota.com
Local News

Digital Trust Alliance Calls for Overhaul of Sri Lanka’s Public Sector Cybersecurity Governance.

Following a major USD 2.5 million cyber breach at the Finance Ministry, a coalition of professional bodies has urged the government to implement structured cybersecurity governance and adopt international security frameworks.

April 27, 2026 at 12:46 PM
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Business
Private Equity Giants Vie for €8 Billion Acquisition of Volkswagen's Power Unit
Image Source : peinsights.substack.com

Private Equity Giants Vie for €8 Billion Acquisition of Volkswagen's Power Unit.

April 27, 2026 at 11:42 AM
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Local News

Deputy Minister Acknowledges Public Service Gaps Amidst Economic Recovery Progress.

Deputy Minister Chathuranga Abeysinghe addresses systemic inefficiencies in Sri Lanka's public sector while highlighting the country's strong economic performance despite global challenges in 2025.

April 26, 2026 at 6:09 AM
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PKSF and SANEM Partner to Enhance Strategic Frameworks for Decent Employment
Image Source : tbsnews.net
Economy•
April 24, 2026 at 1:36 AM

PKSF and SANEM Partner to Enhance Strategic Frameworks for Decent Employment.

Palli Karma-Sahayak Foundation (PKSF) and the South Asian Network on Economic Modeling (SANEM) have signed an MoU to evaluate and improve the quality of employment generated through micro-enterprise development and PKSF's 2025-2030 strategic plan.

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Local News

Sri Lanka's Services Sector Shows Robust Growth in March 2026.

April 17, 2026 at 5:06 AM

The Sri Lankan services sector recorded a notable expansion in March 2026, largely fueled by increased activity in the financial services industry, according to the latest Purchasing Managers' Index (PMI) data.

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Sri Lanka's Services Sector Shows Robust Growth in March 2026
Image Credit : en.wikipedia.org
Technology

Big Tech Launches Soft-Power Campaign to Combat Growing Public Distrust in AI.

Major AI companies like OpenAI and Anthropic are launching aggressive public relations and policy initiatives to counter growing public skepticism and potential regulatory threats, despite criticism that these moves may be a distraction from accountability.

April 16, 2026 at 4:48 PM
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Business

Corporate Resilience in 2025: Analyzing Sri Lanka's Most Awarded Organizations.

Sri Lanka’s corporate sector demonstrated significant resilience in 2025, navigating a 4.8% economic growth phase and shifting market conditions. This article examines the top-performing companies in the annual 'Most Awarded' rankings and explores why industry recognition remains a vital benchmark for trust and excellence.

April 15, 2026 at 9:26 AM
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Technology
Citigroup Aggressively Targets AI Data Center Infrastructure to Challenge Wall Street Dominance
Image Source : markets.financialcontent.com

Citigroup Aggressively Targets AI Data Center Infrastructure to Challenge Wall Street Dominance.

April 13, 2026 at 9:36 AM
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Sri Lanka’s Industrial Sector Reports Strong Growth and Policy Reforms in Q1 2026
Image Source : island.lk
Economy•
April 11, 2026 at 9:42 AM

Sri Lanka’s Industrial Sector Reports Strong Growth and Policy Reforms in Q1 2026.

The Ministry of Industries and Entrepreneurship Development has released its Q1 2026 progress report, highlighting significant infrastructure advancements, SME financial support, and a robust new policy framework for national industrial transformation.

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