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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 Colombo Stock Exchange on April 2, 2026, April 6, 2026 and April 23, 2026. The breakdown of the estimated financial impact of t…
It has been reported that Sri Lanka’s fuel import expenditure has also increased significantly in comparison to the increase in fuel prices in the world market due to the war situation in the Middle East.
Headline inflation in Sri Lanka, as measured by the Colombo Consumer Price Index (CCPI, 2021=100), accelerated sharply to 5.4% year-on-year in April 2026, up from 2.2% in March, according to the Central Bank of Sri Lanka (CBSL).
Authorities have launched comprehensive investigations into an alleged misappropriation of US$2.5 million belonging to the Ministry of Finance, with multiple agencies now probing the incident, Minister of Health and Mass Media Nalinda Jayatissa said.
Hambantota International Port Group (HIPG) last week hosted senior representatives from two of the world’s leading container shipping lines, signalling growing commercial interest in the port as global trade patterns adjust to instability in the Middle East.
The construction sector in Sri Lanka has shown continued growth, according to a latest report released by the Central Bank of Sri Lanka.
Sri Lanka is experiencing one of the fastest ageing populations in South Asia, with those aged 60+ projected to rise from 18 percent in 2024 to 25 percent by 2040. This transition is driven by high life expectancy (73+ years for males, 80+ for females) and declining birth rates. The shift poses major economic challe…
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 Payments category.
The Bank of Ceylon (BOC) recently opened its Badalgama branch, yet another step towards delivering a modern banking experience and efficient service to customers.
ITC Ratnadipa marked two years of refined hospitality and enduring presence on April 25, bringing together its custodians and guests in a shared moment of appreciation at the Sagara Lobby.
Janashakthi Finance PLC, a subsidiary of JXG, has introduced ‘Shakthi’, a dedicated fixed deposit product for women, reinforcing its commitment to inclusive finance and long-term wealth creation.
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.
Singer Sri Lanka PLC has announced the launch of the new Apple MacBook Neo Series, bringing Apple’s latest laptop experience to customers across Sri Lanka, with a strong focus on performance, design, and everyday versatility.
The Ministry of Finance, Planning, and Economic Development has issued the gazette notification outlining proposed amendments to the Value Added Tax (VAT), which are set to take effect on July 1.
Fireman Hospitality Group’s Redeye Grill, a Manhattan dining institution since 1995, will serve its last cowboy ribeye steak and shellfish tower on July 12, Realty Check has learned.
A sweeping state recycling bill calls for scores of companies to stop using plastic wrap when packaging products, which critics gripe could leave crucial everyday items such as diapers and toilet paper soggy.
The US stock market set more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected. Easing oil prices also helped steady the stock markets around the world that were still open on the May Day holiday.
In 1982, the Western world was shaped by two dominant leaders with a shared ideological outlook: US president Ronald Reagan and British prime minister Margaret Thatcher. Both advanced a distinctly right-wing agenda grounded in free-market economics and a firm opposition to socialism.
Australia’s increased reliance on Asian fuel is putting the nation at risk of importing sanctioned Russian “blood oil” via third countries, experts and pro-Ukraine groups say, as the US-Israeli war on Iran threatens global energy supplies.
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Artificial intelligence is driving massive growth for data centre companies. (ABC News: Rhiannon Stevens)
Topic:Government and Politics
Emily Stewart explains this week's interest rate decision. (ABC News: Jarrod Fankhauser)
The yuan and the ruble have emerged as leading currencies for trade among U.S.-sanctioned Iran, Russia and China. © Reuters
Topic:Small Businesses
Treasury Secretary Scott Bessent joined Fox News' Sunday Morning Futures with Maria Bartiromo to discuss how the Trump administration is "suffocating" Iran with economic and financial pressure amid an ongoing U.S. military blockade of the Hormuz chokepoint.
Full-time employees are entitled to 10 personal leave days a year for sick and carer's leave. (Adobe Stock)
The government approved on Sunday the appointment of Israel Malachi as director-general of the Finance Ministry, following his selection by Finance Minister Bezalel Smotrich.
The Kalshi promo code NYPMAX offers a generous promotion for those entering the prediction market space and following the current Stanley Cup playoffs.
A large cargo ship near the Strait of Hormuz has reported being attacked by multiple small craft, the British military’s United Kingdom Maritime Trade Operations center said Sunday, marking at least two dozen attacks in and around the strait since the Iran war began.
There was no claim of responsibility for Sunday’s attack, the first reported in the area since April 22, the UK maritime trade monitor said
There was no claim of responsibility for Sunday’s attack, the first reported in the area since April 22, the UK maritime trade monitor said
A quantum computer developed by Japan's Toshiba. (Photo by Ryo Matsuura)
Disapproval rose to 62%, the worst of his two terms in office, amid economic issues since launching his war against Iran
A bulk carrier reported being attacked by multiple small craft off the coast of Iran near the Strait of Hormuz, Britain’s sea trade monitoring agency has said.
Xi Jinping hopes that the president may water down US support for a vibrant democracy. Defending the status quo would be better for America too
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The prediction market Polymarket is dishing out a new promo for the NBA Playoffs, with the Polymarket promo code NYPMAX.
This week, more than a thousand companies will gather in Abu Dhabi for Make it in the Emirates – the most ambitious edition yet, under the theme of “Emerging Stronger”. In recent weeks, the UAE has demonstrated, in real time and under real pressure, what a generation of disciplined nation-building has produced.
A good national prosperity strategy won’t just replace one industry with another; it will restore confidence across middle Australia along the way
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation
SoftBank and South Korean-startup Cosmos Lab plan to make the batteries on the former site of Sharp's LCD plant near Osaka. (Source photos by Nikkei)
SEJONG, May 3 (Yonhap) -- Finance Minister Koo Yun-cheol on Sunday called for strengthening regional cooperation in responding to growing external economic uncertainty from the U.S.-Israeli war against Iran, the finance ministry said.
The US Department of Defense will integrate artificial intelligence capabilities into its networks with the help of several companies, it announced in a release Friday.
Beijing’s distinct approach to AI development and its digital economy strategy could help overcome the apparently finite nature of human-generated data
Beijing’s distinct approach to AI development and its digital economy strategy could help overcome the apparently finite nature of human-generated data