Local News
Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.
May 18, 2026 at 4:45 AM
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.
Technology
SoftBank Bolsters AI Ambitions with $457 Million Capital Infusion into Graphcore.
May 12, 2026 at 11:07 AM
Japanese investment giant SoftBank has injected $457 million into its subsidiary, U.K.-based AI chip designer Graphcore, as part of a broader strategy to dominate the global artificial intelligence infrastructure market.
Local News
Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank.
May 7, 2026 at 12:17 AM
Opposition MP Ravi Karunanayake has raised serious concerns in Parliament regarding an alleged Rs. 13.2 billion financial fraud at NDB Bank, questioning the Central Bank's oversight and the failure of national payment systems to detect the irregularity over three years.











