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Local News

Severe Financial Irregularities Uncovered at Sri Lanka Cricket, Audit Underway.

May 24, 2026 at 10:55 AM

Sri Lanka Cricket Transformation Committee Chair Eran Wickramaratne has confirmed that the financial misappropriation at SLC is significantly worse than expected, prompting an immediate forensic audit.

31 sources

Severe Financial Irregularities Uncovered at Sri Lanka Cricket, Audit Underway

Finance

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Dialog Group Bhd Demonstrates Financial Resilience in Q1 2026.

May 18, 2026 at 8:50 PM

7 sources

Local News

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

May 18, 2026 at 4:45 AM

14 sources

Finance

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Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors.

May 14, 2026 at 4:33 AM

9 sources

Redefining Financial Leadership: CIMA APAC Summit to Address the Evolution of the Modern CFO

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Business•

May 14, 2026 at 2:39 AM

Redefining Financial Leadership: CIMA APAC Summit to Address the Evolution of the Modern CFO.

The upcoming CIMA APAC CFO Summit in Colombo will bring together top executives to discuss how the role of the Chief Financial Officer is shifting from traditional stewardship to strategic enterprise leadership in an era of AI and sustainability.

9 sources

Local News

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

May 9, 2026 at 7:19 PM

Sri Lanka faces renewed scrutiny over its public financial management following a series of alarming, allegedly fraudulent transactions within state institutions that have raised concerns about institutional accountability.

2 sources

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management

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Finance

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Parliamentary Watchdog Grills Central Bank Over NDB Bank Internal Control Failures.

May 8, 2026 at 10:39 AM

8 sources

Technology

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Navigating AI Investments: Strategic Financial Leadership in a Transforming Era.

May 4, 2026 at 10:07 AM

7 sources

Local News

Legal Consequences Loom as Finance Ministry Secretary Skips Key Parliamentary Committee Hearing.

Legal experts warn that the Finance Ministry Secretary could face severe penalties under the Parliament (Powers and Privileges) Act after failing to appear before the Committee on Public Finance regarding a suspicious $2.5 million transfer.

April 30, 2026 at 4:01 PM

20 sources

Meta’s Q1 Earnings: Wall Street Pivots Focus to AI Monetization and Capital Spending

Image Source : investors.com

Technology•

April 29, 2026 at 2:20 PM

Meta’s Q1 Earnings: Wall Street Pivots Focus to AI Monetization and Capital Spending.

Meta Platforms prepares for its Q1 earnings report, with analysts closely watching for AI-driven revenue growth, capital expenditure on Muse Spark, and the impact of recent restructuring efforts.

10 sources

Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

April 28, 2026 at 11:31 PM

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

6 sources

Technology

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Bloomberg Terminal Launches Generative AI Tool 'ASKB' to Revolutionize Financial Data Analysis.

April 28, 2026 at 8:36 AM

10 sources

Local News

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Nuwara Eliya Municipal Council Faces Rs. 9.7 Million Financial Irregularity Allegations.

April 28, 2026 at 12:33 AM

5 sources

Local News

Sri Lanka’s CRIB Unveils AI-Driven Digital Credit Rating System.

The Credit Information Bureau of Sri Lanka (CRIB), in collaboration with the Lanka Rating Agency (LRA), has initiated a soft launch for an innovative AI-powered Digital Dynamic Credit Ratings (DDCR) model to enhance credit assessment precision.

April 27, 2026 at 8:33 PM

20 sources

Local News•

April 27, 2026 at 3:40 AM

Parliamentary Probe Initiated Into Mysterious $2.5 Million Financial Fraud.

The Committee on Public Finance (COPF) is set to investigate a controversial $2.5 million cyber fraud incident involving the Ministry of Finance, as its chairman expresses deep skepticism over alleged hacking claims.

3 sources

Technology

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

April 26, 2026 at 11:32 PM

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

13 sources

Economy

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

April 21, 2026 at 9:07 AM

14 sources

Local News

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E. B. Creasy & Co. Receives Top Platinum Honor at Responsible Care Excellence Awards 2025.

April 21, 2026 at 6:11 AM

5 sources

Local News

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Sri Lanka’s State Banking Giants Report Record-Breaking Financial Success for 2025.

April 21, 2026 at 2:58 AM

18 sources

Business•

April 20, 2026 at 9:51 PM

Evolving Finance Roles: How CGMA Qualifications Prepare Professionals for the AI Era.

Venkat Ramanan, Vice President of AICPA and CIMA for Asia Pacific, explains how the CGMA qualification is shifting from traditional accounting to cultivating 'T-shaped' professionals equipped for AI, strategic leadership, and long-term value creation.

8 sources