Author Archive for Business

NDB Bank Elevates the Festive Experience at Splash Shopping Fiesta 2025 at Kandy City Centre

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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Ferentino Tyres redefines OEM tyre market in Sri Lanka with unmatched 75% value share

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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NDB Bank Contributes to the Rebuild Sri Lanka Fund, Strengthening Hope and Resilience

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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වීදි වෙළඳාම් සම්පූර්ණ තහනම සහ සමාජීය–නීතිමය බලපෑම්

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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Sri Lankan firm emerges as lowest bidder for Fiji mini hydropower project

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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NDB Strengthens Mobility Solutions in Sri Lanka Through Strategic Partnership with Toyota Lanka

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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NDB Bank Partners with the Women’s Blind Organisation to Empower Visually Impaired Women through International White Cane Day 2025

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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NDB Bank Partners with The Ceylon School for the Deaf and Blind to Uplift Differently Abled Children

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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LankaPropertyWeb Unveils Tri-Lingual Chatbot and AI Tools for Real-Time Market Insights

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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NDB Recognised Among Sri Lanka’s Best at CMA Excellence in Integrated Reporting Awards 2025

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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NDB Bank Partners with EduViz International to Empower Students Pursuing Global Education

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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Don’t Miss Your Chance to Bring Santa Home with NDB Shilpa This Christmas

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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LankaPropertyWeb Appoints Tharindu Jayarathne as Chief Operating Officer

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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NDB Bank Hosts Analyst Earnings Call on 9M 2025 Financial Results

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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Sri Lanka at an advantageous position to bring in value-addition for exports: Deloitte India

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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NDB Bank Partners with NSUK to Empower Students Pursuing Overseas Education

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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NDB Bank Partners with Browns EV to Drive the Future of Electric Vehicles in Sri Lanka

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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Colombo Dockyard to Build High Spec Cable-Layer 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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Indo-Lanka FTA – bilateral trade grown, but Sri Lanka lags behind: Ravi K

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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NDB delivers exceptional 65% growth in post-tax profit during nine months

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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Sri Lanka ready to tap Mannar Basin’s $267Bn oil and gas potential

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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NDB Bank Strengthens Sri Lanka’s Tea Industry with the Tea Manufacturer Finance Programme

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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NDB Bank Partners with Gavinro International (Pvt) Ltd. to Expand Access to Electric Passenger and Commercial Vehicle Financing

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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NDB Bank Partners with AHZ Education Consultants to Empower Students Pursuing UK Higher Education

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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NDB Volunteers Support Mangrove Conservation Efforts at Anawilundawa

Friday, October 24th, 2025

National Development Bank PLC Twenty-four staff members from NDB Bank participated in a meaningful volunteer initiative on 10 October 2025 at the Anawilundawa Wetland Sanctuary, a vital Ramsar site in Sri Lanka. The programme was conducted under the Life of Our Mangrove project, in collaboration with Biodiversity Sri Lanka (BSL) and The Wildlife & Nature […]

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IMF chief says lack of retaliation against Trump tariffs aiding global growth

Wednesday, October 15th, 2025

Courtesy Adaderana Decisions by most countries to not retaliate against U.S. President Donald Trump’s tariffs are among the top factors bolstering the global economy’s resilience, IMF Managing Director Kristalina Georgieva said on Tuesday. The world, so far, and I cannot stress enough, so far, has opted not to retaliate and to continue to trade pretty […]

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NDB Privilege Banking Hosts Exclusive Wellness Webinar on Diabetic Reversal

Tuesday, October 14th, 2025

National Development Bank PLC NDB Bank, recently hosted an exclusive virtual well-being session for its esteemed Privilege clientele, reaffirming its commitment to offering holistic lifestyle experiences that go beyond traditional banking. The webinar, which saw an attendance of about 200 of NDB’s Privilege customers, focused on the highly topical subject, Diabetic Reversal: Fact or Myth”. […]

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NDB Bank Partners with United Motors Lanka PLC to Strengthen Passenger and Commercial Vehicle Financing

Monday, October 13th, 2025

National Development Bank PLC NDB Bank has signed a Memorandum of Understanding (MoU) with United Motors Lanka PLC (UML), one of Sri Lanka’s most pioneering and highly respected automobile companies with over eight decades of industry leadership. This strategic partnership enables customers to access flexible, affordable, and innovative leasing solutions across UML’s renowned range of […]

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ISCCI Hosts Second Edition of “Bridging Borders” Financial Dialogue in Colombo

Monday, October 13th, 2025

The Indo–Sri Lanka Chamber of Commerce & Industry (ISCCI) ISCCI Hosts Second Edition of Bridging Borders” Financial Dialogue in ColomboTheme: Enabling Sri Lanka’s Market Bond Issuance in Indian Currency – Pathways, Policies, and PreparednessDate: Wednesday, 15th October 2025Venue: BMICH, Colombo | Time: 3:00 PM – 6:00 PM | Followed by High Tea The Indo–Sri Lanka […]

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NDB Bank Partners with SJP Global to Empower Sri Lankan Students with Seamless Overseas Education Support

Thursday, October 9th, 2025

National Development Bank PLC NDB Bank has entered into a strategic partnership with SJP Global (Pvt) Ltd., further strengthening its commitment to empowering the next generation of Sri Lankans through education. The partnership was formalised with the signing of a Memorandum of Understanding (MoU) on 27th August 2025, with a focus on enhancing the NDB […]

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