- Last Update 2025-06-04 18:08:00
NDB chairman resigns
Chairman of the National Development Bank (NDB), Kavan Ratnayaka has resigned with effect from April 30 (Thursday).
An NDB announcement dated April 27 to the Colombo Stock Exchange said that the chairman had tendered his resignation for ‘personal reasons’ and that ‘there are no other matters that need to be brought to the attention of the shareholders’.
Mr. Ratnayaka was appointed head of the bank during the UNP-led government of 2015-2019, and analysts said it was a matter of time when he would have been replaced by the current SLPP-led government. The chairman of the NDB is generally a government-appointed nominee.
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- May 31, 2025 - 446 - 0
Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
- June 2, 2025 - 404 - 0
National Tax week launched
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
- June 2, 2025 - 316 - 0
SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.
- May 29, 2025 - 247 - 0
Mahindananda and Nalin Fernando Jailed
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
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