CATEGORIES

NDB Certified in Latest ISO 27001:2022 for Information Security Management

National Development Bank is the first Sri Lankan bank to be certified to the latest ISO 27001:2022 for its Information Security Management System (ISMS), reflecting its commitment to upholding global standards and protecting information assets.

Vision Care Showcases Latest Eye Care Technologies

Vision Care introduced its latest technologies and procedures for eye care at the Mini Congress organized by the College of Ophthalmologists of Sri Lanka. The event concluded successfully, attracting many local and international consultant ophthalmologists, doctors, and professionals in the field.

The True National Asset: The Youth, Not Failing State Enterprises

President Ranil Wickremesinghe stated that restructuring lossmaking public institutions will enable the government to allocate more resources to education and healthcare.

Each Apple worker now worth USD 22 million, 20 times more than Amazon's

Apple’s (AAPL) struggles in the initial months of 2024 have been swept away by a string of developments that helped the company reclaim the spot of the most valuable company in the world with a market capitalization of over USD 3.5 trillion.

The Business Sector Saw More than Half a Billion M&A Deals in the Past Decade

AIthough 2023 saw less than 40,000 mergers and acquisition (M&A) deals, considerably less than at the market peak in 2021, this figure still pushed the ten-year total to impressive highs.

The Country needs a Political Culture that Prioritizes National Interests over Traditional Politics

President Ranil Wickremesinghe emphasized the importance of a political culture that prioritizes the nation over traditional politics for the country’s advancement.

From Modest Beginnings to Global Leadership: Tim Cook's Journey and Vision for Apple

In an extraordinary interview, Apple CEO Tim Cook sits down with Dua Lipa for a revealing conversation about his life, leadership at the helm of the world's largest company, and his forward-thinking vision. This engaging dialogue offers a unique perspective on the daily responsibilities of a leader managing a USD 3 trillion enterprise, and explores Cook's personal history, core values, and ambitions for Apple's future.

Japan Ready to Resume Suspended Official Development Assistance Projects

Dr. IZUMI Hiroto, the head of the Japanese delegation visiting Sri Lanka, lauded the successful completion of the country's debt restructuring process, noting that it has paved the way for the resumption of Japanese Official Development Assistance (ODA) projects.

The Rise of India as a Global Economic Power

India, with its vast population and burgeoning economy, is rapidly emerging as a global economic power.

Navigating the Future: Sam Altman and Brian Chesky on AI and Societal Change

In a candid and insightful conversation moderated by Lester Holt, Sam Altman, CEO of OpenAI, and Brian Chesky, CEO of Airbnb, delved into the profound impact of artificial intelligence (AI) on society. This interview explored the rapid advancements in AI, the ethical considerations surrounding its use, and the future trajectory of this transformative technology.

President Ranil Wickremesinghe Inaugurates the University of Science and Technology in Batticaloa

President Ranil Wickremesinghe stated that the influence of threatening politics should eliminated from the university system to ensure that students can pursue their education freely.

BOC Empowers SME Export Entrepreneurs through Export Circle

In a significant move towards empowering SME exporters around the country, BOC has partnered with the Ceylon Chamber of Commerce (CCC) to conduct province-wise capacity-building programs for potential and existing export SME customers in all provinces.

Nirmala Sitharaman's Budget 2024: A Comprehensive Analysis

Finance Minister Nirmala Sitharaman presented the Union Budget for 2024 with a vision to propel India towards sustained economic growth while addressing key sectors such as agriculture, personal finance, infrastructure, tourism, social security, and international cooperation.

DFCC Bank and Mintpay Forge Ahead with an Innovative Partnership

DFCC Bank has forged a strategic alliance with Mintpay.

HNB and 3DH Building Solutions Collaborate

HNB entered into a fresh agreement with 3DH Building Solutions to promote and offer financing solutions for FMT Generators and GLARIE elevators.

PLC Al-Safa - Shariah-Compliant Finance Expanding Nationwide

Since 2005, People’s Leasing & Finance PLC (PLC) AlSafa Unit has served as Sri Lanka’s full-service nonbanking Islamic finance provider.

People's Bank Spearheads a Digital Revolution

As part of its comprehensive digitalization strategy, People’s Bank has introduced a range of innovative solutions focused on enhancing accessibility and convenience for customers nationwide.

HNB Partners with Micro Cars for Vehicle Offers

HNB entered a strategic partnership with Micro Cars to offer unparalleled benefits and offers to customers intending to purchase vehicles from Micro Cars.

HNB Honored at BCCSA 2023

HNB has once again been honored at Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2023, solidifying their position as one of the nation’s leaders in sustainability, good governance, and corporate excellence.

People's Bank and EDB Forge Strategic Alliance to Boost Sri Lanka's Export Sector

The Sri Lanka Export Development Board (SLEDB) and People’s Bank have formed a strategic partnership by signing a Memorandum of Understanding (MOU).

People's Bank Re-Launches SPARK: Entrepreneurial Development Program to Boost Sri Lankan SMEs

People’s Bank is excited to announce the re-launch of its SPARK Entrepreneurial Development Program, aimed at bolstering young entrepreneurs and supporting the growth of small and medium enterprises (SMEs) throughout Sri Lanka.

HNB Recognized for Digital Payment Innovation at LankaPay Technnovation Awards 2024

HNB was awarded three accolades at the LankaPay Technnovation Awards 2024.

HNB Appoints Sanjay Wijemanne as its New Chief Operating Officer

Hatton National Bank has appointed Sanjay Wijemanne as the bank’s new Chief Operating Officer (COO) with effect from April 26, 2024.

Jaffna Hospital would be Upgraded as a National Hospital in the Near Future

President Ranil Wickremesinghe stated that the Jaffna Hospital would be upgraded as a national hospital in the near future to enhance and ensure excellent healthcare standards in the Northern Province.

U.S. Debt per Capita Grows 10x Faster than the Population since 2008

The high borrowing undertaken by the Federal Government in recent years has resulted in the U.S. public burden hitting $34 trillion by the end of 2023, with forecasts seeing a further jump to between $37 trillion and $38 trillion in 2024.

HNB Supports Economic Revival and Business Recovery

Hatton National Bank (HNB) recorded a Profit Before Tax (PBT) of 9.8 billion rupees during the first quarter of 2024, while Profit After Tax (PAT) amounted to 6.2 billion rupees.

People's Leasing & Finance Reports Steady Growth in FY 2023/24

People’s Leasing & Finance has demonstrated remarkable resilience and strategic foresight in its financial performance for the fiscal year 2023/24.

Strong Strategic Alignment Enables Resilient Performance for NDB in Q1 2024

National Development Bank commenced the financial year on a positive note, with resilient performance for the first quarter of the year ended March 31, 2024.

Corruption: An Unwinnable Battle?

A seemingly unknown name until April this year, the corruption case of Vietnamese property magnate Truong My Lan gripped the world’s attention.

Dilith to the Rescue?

Dilith Jayaweera, leader of the Mawbima Janatha Pakshaya, is best known for propelling Gotabaya Rajapaksa to prominence and then to power.