Author Archive for Business
Saturday, January 17th, 2026
Courtesy The Daily Mirror Colombo, January 17 (Daily Mirror) – Sri Lanka should eye more investment in Uganda as the presidential race has concluded with a decisive victory for President Yoweri Museveni, who secured 71.65 percent of the vote to earn a seventh term in office. Museveni, who first came to power in 1986, an […]
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Posted in Business | Comments Off on 23 Sri Lankan companies secures foothold in Ugandan economy
Wednesday, January 14th, 2026
උපුටා ගැන්ම ලංකා සී නිව්ස් ශ්රී ලංකාවේ ප්රථම කේබල් කාර් ව්යාපෘතිය ලෙස සැලකෙන අඹුලුවාව කේබල් කාර් ව්යාපෘතියෙන් ඉවත් වීමට එහි ආයෝජකයා වන චීනයේ Amber Adventures පෞද්ගලික සමාගම තීරණය කර ඇත. මෙරට නියාමන ක්රියාවලියේ පවතින බාධා සහ රජයේ නිලධාරීන්ගේ අත්තනෝමතික ක්රියාකලාපයන් මෙම තීරණයට හේතු වූ බව එම සමාගම අවධාරණය කරයි. ඊයේ (13) දින ශ්රී ලංකා ආයෝජන මණ්ඩලය වෙත ලිඛිතව දැනුම් දෙමින් සමාගම පවසා සිටියේ, තාක්ෂණික ආයතනවල අනුමැතිය ලැබී තිබියදීත්, සමාජ මාධ්ය ඔස්සේ පැතිර ගිය පැමිණිලි පදනම් කරගනිමින් මධ්යම පරිසර අධිකාරිය විසින් ඉදිකිරීම් කටයුතු අත්හිටුවීමට පියවර ගැනීම ඇතුළු කරුණු කිහිපයක් මත මෙම ව්යාපෘතියෙන් ඉවත් වන බවයි. […]
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Posted in Business | Comments Off on චීන සමාගමක් මෙරට ආයෝජනය අතහැර යයි.. නඩු දමන බව දන්වයි..
Tuesday, January 13th, 2026
National Development Bank PLC Guided by its commitment to sustainability, NDB Bank has renewed its partnership with Clean Ocean Force Lanka, extending three vital environmental initiatives that collectively protect Sri Lanka’s coastal and marine ecosystems. For the third consecutive year, NDB Bank continues to support the Adopt a Beach” initiative at Kapungoda, ensuring the stretch […]
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Posted in Business | Comments Off on NDB Bank Strengthens Commitment to Coastal and Marine Conservation through Clean Ocean Force Partnership
Friday, January 9th, 2026
National Development Bank PLC NDB Bank reaffirmed its steadfast commitment to empowering Sri Lanka’s SME and MSME sectors by participating in the Revive Sri Lanka, Rising Stronger initiative, held on 20th December at Kandy City Centre. Organised by Kandy City Centre under the guidance of its Chairman, Mr. Thusitha Wijayasena, the programme brought together over […]
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Posted in Business | Comments Off on NDB Bank joins KCC for the “Revive Sri Lanka | Rising Stronger” Initiative
Thursday, January 8th, 2026
National Development Bank PLC National Development Bank PLC (NDB) proudly represented Sri Lanka at the prestigious Asia Pacific ICT Alliance (APICTA) Awards 2025, held in Kaohsiung, Taiwan, with the nomination of its award-winning digital solutions, TradeLinc 2.0 and Secure360 2.0. This regional recognition follows the Bank’s recent success at the National Best Quality Software Awards […]
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Posted in Business | Comments Off on NDB Bank Showcases Homegrown Digital Innovations at APICTA 2025, Representing Sri Lanka on the Regional Stage
Wednesday, January 7th, 2026
Business News Colombo, Sri Lanka – XpressJobs, Sri Lanka’s leading recruitment technology company, has entered into a strategic partnership with ESOFT Uni (ESU) to support structured, industry-aligned internship opportunities for undergraduate students, strengthening the link between higher education and real-world employment. The partnership was formalised through a Memorandum of Understanding (MoU) with the shared objective […]
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Posted in Business | Comments Off on XpressJobs Partners with ESOFT Uni to Strengthen Structured Internship Pathways for Undergraduates
Friday, January 2nd, 2026
National Development Bank PLC NDB Bank proudly partnered with Kandy City Centre as the Official Banking Partner of Splash Shopping Fiesta 2025, the biggest shopping festival of the season, held from 24th to 28th December. The event brought together an exciting blend of retail, entertainment, and festive cheer, creating a vibrant shopping experience for customers […]
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Posted in Business | Comments Off on NDB Bank Elevates the Festive Experience at Splash Shopping Fiesta 2025 at Kandy City Centre
Friday, January 2nd, 2026
Courtesy The Daily Mirror Ferentino Tyre Corporation plant in Horana In a remarkable rise to the top, Ferentino Tyres has emerged as the undisputed leader in Sri Lanka’s Original Equipment Manufacturer (OEM) tyre market, commanding an extraordinary 75 percent value share, the company stated. Within a short span of time, Ferentino has transformed the industry […]
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Posted in Business | Comments Off on Ferentino Tyres redefines OEM tyre market in Sri Lanka with unmatched 75% value share
Thursday, January 1st, 2026
National Development Bank PLC National Development Bank PLC (NDB Bank) reaffirmed its commitment to national recovery and long-term resilience by extending its support to the Rebuild Sri Lanka Fund, a national initiative established to strengthen recovery efforts and support the rebuilding of communities affected by recent challenges faced by the country. The contribution was officially […]
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Posted in Business | Comments Off on NDB Bank Contributes to the Rebuild Sri Lanka Fund, Strengthening Hope and Resilience
Wednesday, December 31st, 2025
විසල් මහනුවර වැඩසටහෙනේ වාණිජ ජාලයේ හිටපු ලේඛම් ,පාලිත ආරියරත්න මහනුවර මහා නගර සභාව විසින් ලබන ජනවාරි 01 වනදා සිට සියලුම ආකාරයේ වීදි වෙළඳාම් සම්පූර්ණයෙන් තහනම් කිරීමට තීරණය කර ඇත. නගරයේ පිරිසිදුකම සහ සුන්දරත්වය රැකගැනීමත්, මහජනතාවට නිදහසේ ගමන් කිරීමට අවහිරයක් නොවීමත් මෙම තීරණයේ ප්රධාන අරමුණ ලෙස නගරාධිපතිවරයා සඳහන් කළේය. මෙම තීරණය නගර මධ්යයට පමණක් නොව, මුළු මහනුවර නගර […]
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Posted in Business, Politics | Comments Off on වීදි වෙළඳාම් සම්පූර්ණ තහනම සහ සමාජීය–නීතිමය බලපෑම්
Monday, December 22nd, 2025
Courtesy The Fiji Times Sri Lankan renewable energy company Vidullanka PLC has announced that it has emerged as the lowest-cost bidder for an engineering, procurement and construction (EPC) contract to expand and upgrade a 100-kilowatt mini hydropower facility at Buca Village in Fiji. In a disclosure to the Colombo Stock Exchange, the company said the […]
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Posted in Business | Comments Off on Sri Lankan firm emerges as lowest bidder for Fiji mini hydropower project
Tuesday, December 16th, 2025
National Development Bank PLC National Development Bank PLC (NDB) has entered into a landmark Memorandum of Understanding (MoU) with Toyota Lanka, reinforcing the Bank’s commitment to offering customers convenient, flexible, and affordable leasing solutions for some of the world’s most trusted vehicles. This partnership brings together two institutions known for their unwavering focus on service […]
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Posted in Business | Comments Off on NDB Strengthens Mobility Solutions in Sri Lanka Through Strategic Partnership with Toyota Lanka
Wednesday, December 10th, 2025
National Development Bank PLC National Development Bank PLC (NDB Bank) has partnered with the Women’s Blind Organisation of Sri Lanka in support of the International White Cane Day 2025, an event dedicated to recognising and empowering visually impaired women across the country. The Women’s Blind Organisation, which has long been a pillar of support for […]
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Posted in Business | Comments Off on NDB Bank Partners with the Women’s Blind Organisation to Empower Visually Impaired Women through International White Cane Day 2025
Wednesday, November 26th, 2025
National Development Bank PLC NDB Bank, in line with its unwavering commitment to social responsibility and inclusive development, has extended its support to The Ceylon School for the Deaf and Blind (CSDB), a historic institution that has been providing education, care, and vocational training to differently abled children across Sri Lanka for over a century. […]
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Posted in Business | Comments Off on NDB Bank Partners with The Ceylon School for the Deaf and Blind to Uplift Differently Abled Children
Wednesday, November 26th, 2025
LankaPropertyWeb LankaPropertyWeb, Sri Lanka’s leading real estate platform, has unveiled ‘Albot’, a trilingual AI chatbot that offers a range of intelligent features, including real-time property price insights to streamline the customer experience on its website. It responds to visitor inquiries in real time and provides insights on area price trends. Albot can query the property […]
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Posted in Business | Comments Off on LankaPropertyWeb Unveils Tri-Lingual Chatbot and AI Tools for Real-Time Market Insights
Tuesday, November 25th, 2025
National Development Bank PLC National Development Bank PLC (NDB) continues to reinforce its leadership in corporate reporting, having once again been honoured at the prestigious CMA Excellence in Integrated Reporting Awards 2025. At this year’s ceremony, held on 17 November 2025 at Cinnamon Life, NDB was recognised among the Ten Best Integrated Reports in Sri […]
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Posted in Business | Comments Off on NDB Recognised Among Sri Lanka’s Best at CMA Excellence in Integrated Reporting Awards 2025
Friday, November 21st, 2025
National Development Bank PLC NDB Bank has entered into a strategic partnership with EduViz International, a global education consultancy, to further strengthen its Student File proposition, designed to make overseas education more seamless, secure, and accessible for Sri Lankan students. The Memorandum of Understanding (MoU) was officially signed by Mr. Sanjaya Perera, Senior Vice President […]
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Posted in Business | Comments Off on NDB Bank Partners with EduViz International to Empower Students Pursuing Global Education
Wednesday, November 19th, 2025
National Development Bank PLC The festive season is in full swing, and NDB Bank is reminding parents that there’s still time to be part of this year’s much-loved NDB Shilpa Santa Campaign 2025 — an enchanting tradition that continues to bring the joy of Christmas directly to the homes of young savers across Sri Lanka. […]
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Posted in Business | Comments Off on Don’t Miss Your Chance to Bring Santa Home with NDB Shilpa This Christmas
Wednesday, November 19th, 2025
Press Release LankaPropertyWeb LankaPropertyWeb (LPW), Sri Lanka’s leading real estate platform, has appointed Tharindu Jayarathne as Chief Operating Officer (COO), effective 6 November 2025. The appointment strengthens the company’s leadership team as the company expands operations and drives innovation across the real estate sector locally and internationally. Jayarathne rejoins LankaPropertyWeb, having previously spearheaded the company’s […]
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Posted in Business | Comments Off on LankaPropertyWeb Appoints Tharindu Jayarathne as Chief Operating Officer
Monday, November 17th, 2025
National Development Bank PLC National Development Bank PLC (NDB) hosted its quarterly Analyst Earnings Call recently to discuss the Bank’s financial performance for the nine months ended 30 September 2025. This follows the release of the Bank’s nine months’ financial results to the Colombo Stock Exchange, where NDB reported a post-tax profit of LKR 7.5 […]
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Posted in Business | Comments Off on NDB Bank Hosts Analyst Earnings Call on 9M 2025 Financial Results
Saturday, November 15th, 2025
Courtesy The Daily Mirror By Shannine Daniel Vijay Chauhan Sri Lanka is at an advantageous position to bring in value-addition stages for its exports but to do so, significant focus needs to be given to bring in the necessary policies, infrastructure and administrative measures, said Deloitte India Executive Director Direct Tax Policy Vijay Chauhan. Chauhan […]
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Posted in Business, Economy | Comments Off on Sri Lanka at an advantageous position to bring in value-addition for exports: Deloitte India
Friday, November 14th, 2025
National Development Bank PLC NDB Bank has entered into a strategic partnership with NSUK Education Consultants, a reputed UK-based education consultancy, to further strengthen its Student File proposition, offering a seamless and reliable financial pathway for Sri Lankan students aspiring to study abroad. The Memorandum of Understanding (MoU) was officially signed by Mr. Sanjaya Perera, […]
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Posted in Business | Comments Off on NDB Bank Partners with NSUK to Empower Students Pursuing Overseas Education
Thursday, November 13th, 2025
National Development Bank PLC NDB Bank has entered into a strategic partnership with Browns EV (Pvt) Ltd. through the signing of a Memorandum of Understanding (MoU), reinforcing its commitment to supporting sustainable and affordable leasing solutions in Sri Lanka. This collaboration will enable customers to access Browns EV’s newly launched Wuling Electric Vehicle range with […]
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Posted in Business | Comments Off on NDB Bank Partners with Browns EV to Drive the Future of Electric Vehicles in Sri Lanka
Tuesday, November 11th, 2025
Courtesy The maritime-executive https://trinitymedia.ai/player/trinity-player.php?pageURL=https%3A%2F%2Fmaritime-executive.com%2Farticle%2Fcolombo-dockyard-to-build-high-spec-cable-layer-in-sri-lanka&contentHash=6690a601b739c3c08e355edb1644c599f3a64e8bdbff1b77ba9be82535351dd8&unitId=2900014820&userId=63aa8033-e41b-440f-8022-0f104332be08&isLegacyBrowser=false&isPartitioningSupport=1&version=20251111_3c52e095ed7565ed6d4b3892201f53eccbf3a3db&useBunnyCDN=0&themeId=502&isMobile=0&unitType=tts-player&integrationType=web Sri Lanka’s Colombo Dockyard has been awarded a shipbuilding contract by the French submarine cable company Orange Marine. The deal finalized last week further cements the shipyard’s status with major European shipowners. The contract also shows a long-term commitment by Orange Marine to work with Colombo Dockyard. Relations between the two […]
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Posted in Business | Comments Off on Colombo Dockyard to Build High Spec Cable-Layer in Sri Lanka
Sunday, November 9th, 2025
Courtesy The Daily Mirror Colombo, Nov 8. (Daily Mirror) – The Indo-Lanka bilateral trade volume has grown exponentially, but Sri Lanka appears to be a loser with a trade gap heavily in favour of India, Parliament was informed today. Raising a question under Standing Order 27 (2), National Democratic Front (NDF) MP Ravi Karunanayake said […]
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Posted in Business | Comments Off on Indo-Lanka FTA – bilateral trade grown, but Sri Lanka lags behind: Ravi K
Wednesday, November 5th, 2025
National Development Bank PLC Highlights FINANCIAL PERFORMANCE National Development Bank PLC, released its financial results for the nine months ended September 30, 2025, to the Colombo Stock Exchange recently. The results showcase impressive profitability growth backed by sound core banking operational growth as evidenced by net operating income and pre-tax profit expands by 32.3% and […]
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Posted in Business | Comments Off on NDB delivers exceptional 65% growth in post-tax profit during nine months
Tuesday, November 4th, 2025
Courtesy The Daily Mirror Colombo, November 4 (Daily Mirror) – Sri Lanka is planning to open international tenders during the first week of next month, calling for bids for oil and gas exploration and development in the Mannar Basin, an official said. The government earlier invited tenders to select a consultancy firm with expertise to […]
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Posted in Business | Comments Off on Sri Lanka ready to tap Mannar Basin’s $267Bn oil and gas potential
Thursday, October 30th, 2025
National Development Bank PLC National Development Bank PLC (NDB) continues to empower Sri Lanka’s export and manufacturing sectors with the introduction of its Tea Manufacturer Finance Programme, a specialised financial solution designed to support tea producers and exporters in expanding their operations and growing beyond borders. As one of Sri Lanka’s most iconic industries, tea […]
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Posted in Business | Comments Off on NDB Bank Strengthens Sri Lanka’s Tea Industry with the Tea Manufacturer Finance Programme
Tuesday, October 28th, 2025
National Development Bank PLC National Development Bank PLC (NDB) has entered into a Memorandum of Understanding (MoU) with Gavinro International (Pvt) Ltd., one of Sri Lanka’s latest EV franchise holders representing several reputed Chinese vehicle manufacturers. This strategic partnership is designed to provide customers with innovative and affordable leasing solutions across Gavinro International’s extensive range […]
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Posted in Business | Comments Off on NDB Bank Partners with Gavinro International (Pvt) Ltd. to Expand Access to Electric Passenger and Commercial Vehicle Financing
Monday, October 27th, 2025
National Development Bank PLC NDB Bank has entered into a strategic partnership with AHZ Education Consultants, one of the fastest-growing UK-focused education consultancies in the world. The collaboration, formalised through a Memorandum of Understanding (MoU) signed on 18th September 2025, further strengthens NDB’s Student File proposition, a holistic banking solution designed to support students and […]
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Posted in Business | Comments Off on NDB Bank Partners with AHZ Education Consultants to Empower Students Pursuing UK Higher Education