‘VAT increased to 20.5%’ claim false
Deputy Minister of Economic Development Nishantha Jayaweera emphasizes that the claims circulating on social media that the Value Added Tax (VAT) has been increased to 20.5 percent based on a…
NDB posts LKR 1.75 Bn PAT for 1Q, after adjusting financial impact of fraud
This financial results of the National Development Bank PLC (NDB) for its first quarter ended March 31, 2026 (1Q 2026), represent the Bank’s earlier corporate disclosures as released to the…
Cumulative current account surplus to US$ 531Mn in 1Q- 2026
The external current account recorded a marginal surplus in March 2026, mainly supported by higher workers’ remittances and a lower primary income deficit, despite a widening of the trade deficit…
Cultus Workforce Development Services Enters Sri Lanka, Launching AWS re/Start and Job Readiness Programmes to Drive Youth Employability
Cultus Workforce Development Services Pvt Ltd., a subsidiary of Cultus Education and Technology Services, officially announced the launch of its operations in Sri Lanka at a special press conference, marking…
Construction sector shows continued growth
The construction sector in Sri Lanka has shown continued growth, according to a latest report released by the Central Bank of Sri Lanka. The overall activity index for the construction…
SDB bank recognised at LankaPay Technnovation Awards
SDB bank has been recognised at the LankaPay Technnovation Awards 2026, where its flagship digital payment wallet, UPay, received a Merit recognition in the Best Digital Payment Application for Retail…
Bank of Ceylon opens Badalgama branch, delivering modern banking services
The Bank of Ceylon (BOC) recently opened its Badalgama branch, yet another step towards delivering a modern banking experience and efficient service to customers. The new branch strengthens the Bank’s…
IChemC hosts Open Day at Malabe Campus
The Institute of Chemistry Ceylon (IChemC) hosted its second Open Day on April 25, at its Malabe campus as part of its enrollment campaign for the upcoming academic year. The…
SLECIC appoints Upeksha Subasinghe as GM
At a pivotal stage where the Sri Lanka Export Credit Insurance Corporation (SLECIC) is building on a strong foundation and embracing a renewed strategic direction, the Corporation has announced the…
Oil palm stakeholders urge resuming cultivation
Smallholders of oil palm cultivation and experts in the economic agriculture sector emphasized that resuming oil palm cultivation can easily earn foreign exchange while quenching the local demand for edible…