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Rs. 13.2 bn fraud systemic failure of institutional governance: Harsha

Sri Lanka, June 15 -- The Rs. 13 billion fraud for which National Development Bank (NDB) is involved is a catastrophic failure of institutional governance, Chairman Committee on Public Finance (CoPF) ... Read More


Sri Lanka's economy will crash soon: Ranil

Sri Lanka, June 15 -- Sri Lanka's economy has begun to crash and one will be able see a complete crash before long, former President Ranil Wickremesinghe said. "The Government is stuck from all sides... Read More


Treasury and CPC weigh options on fuel prices as Rs. 57 Bn fuel allocation nears exhaustion

Sri Lanka, June 15 -- The government is considering maintaining current domestic fuel prices without implementing an increase, even after the existing state subsidy concludes, provided that the curren... Read More


CEAT Kelani crowned as Best Tyre Manufacturer at Automobile Industry Awards

Sri Lanka, June 15 -- CEAT Kelani Holdings has been adjudged the Best Tyre Manufacturer in the Component Manufacturer Category at the country's inaugural Automobile Industry Awards presented by the Au... Read More


Peterson Solutions Sri Lanka opens Orion City corporate office

Sri Lanka, June 15 -- Peterson Solutions Sri Lanka officially opened its new corporate office at Orion City, Colombo, recently, marking an important milestone in the company's growth journey and long-... Read More


People's Bank opens Jaffna Teaching Hospital and UDA ATMs

Sri Lanka, June 15 -- People's Bank recently opened two new automated teller machines (ATMs) on the premises of Jaffna Teaching Hospital and Urban Development Authority (UDA) in Jaffna. The newly ins... Read More


Tanmaya Das new WSO2 CFO

Sri Lanka, June 15 -- WSO2 announced the appointment of Tanmaya Das as Chief Financial Officer (CFO), further strengthening its executive leadership team as the company continues to build on its momen... Read More


Belluna marks 20 years of Granbell Hotels & Resorts

Sri Lanka, June 15 -- Belluna Co. Ltd, Japan, a company listed on the Tokyo Stock Exchange, continues to expand its hospitality and real estate presence across South Asia through Belluna Lanka, which ... Read More


HNB General Insurance appoints Dilshan Perera as COO

Sri Lanka, June 15 -- HNB General Insurance announced the appointment of Dilshan Perera as Chief Operating Officer (COO). This appointment reinforces the company's commitment to strengthening its le... Read More


ComBank GIG+ to power Sri Lanka's growing digital workforce

Sri Lanka, June 15 -- Recognising the rapid emergence of the gig economy in Sri Lanka, Commercial Bank of Ceylon has introduced ComBank GIG+ - a specialised banking solution designed for freelancers, ... Read More