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NDB’s Rs. 13.64 Billion Fraud Tests Bank’s Financial Resilience
National Development Bank PLC (NDB) has reported a recovery in profitability despite absorbing the financial consequences of a massive internal fraud amounting to approximately...
Ditwah Insurance Crisis Leaves Rs.28 Billion Claims Unsettled
Nearly seven months after Cyclone Ditwah devastated Sri Lanka in November 2025, almost half of the Rs.57 billion in insurance claims lodged by affected...
Norochcholai Power Units to Rejoin National Grid as Daily Power Cuts Ruled Out
The National System Operator (NSO) has announced that Unit 03 of the Norochcholai Lakvijaya Coal Power Plant is scheduled to be reconnected to the...
Mark and Comm and Ethera Business announce collaboration to support brands entering the Maldives
Mark and Comm (Pvt) Ltd and Ethera Business LLC have announced a strategic partnership to support brands seeking to enter the Maldivian market. The...
France Reports First Human Case of Livestock-Linked Shamonda Virus
French health authorities have confirmed the first known human case of the Shamonda virus, a disease primarily affecting livestock, after the virus was detected...