June 2025
Travel and Tourism Revenue Growth slows to five-year low at just 4.4 percent in 2025
May 5, 2025. Jastra Kranjec After three years of impressive double-digit growth and a surge in global travel spending following...
Commercial Bank ends First Quarter with three trillion rupees
The Commercial Bank of Ceylon Group has started 2025 strongly, achieving significant profit and balance sheet growth in Q1. As...
Pan Asia Bank continues to excel with a PAT of over one billion rupees
Pan Asia Banking Corporation reported a 180 percent increase in Profit After Tax (PAT) for first quarter of 2025, reaching...
Stock Trading Interest around the World: Countries Googling the most about Buying, Selling, or Investing in Stocks in 2025
April 22, 2025. Paul Hoffman The meteoric rise of companies like Nvidia and Supermicro has turned stock investing into a...
BOC reports a Pre-tax profit of 30 billion rupees
Bank of Ceylon showed strong performance in first quarter of 2025, ensuring financial stability and prudent risk management aligned with...
TED2025: When Intelligence meets Imagination
Sam Altman, AI’s Ethical Reckoning, and the Ideas Shaping Tomorrow’s World Sam Altman, CEO, OpenAI and Chris Anderson, TED curator...
DFCC Bank delivers resilient, purpose-driven performance
DFCC Bank reported strong financial results in first quarter of 2025, with notable growth in loans and deposits. Net interest...
Dogecoin millionaire count soars as Musk to step back from D.O.G.E
April 25, 2025. Andreja Stojanovic. March 31 Finbold report found that Elon Musk’s tenure with the Department of Government Efficiency...
People’s Leasing celebrates 29 years of trust built on relationships
People’s Leasing, a leading non- bank finance institute, proudly marks its 29th anniversary on May 31, 2025. Since its inception...
Tesla sold just 600 vehicles per day in Europe during First Quarter of 2025
April 24, 2025. Andreja Stojanovic. Although Tesla’s (NASDAQ: TSLA) stock price has rallied after the report, the electric vehicle (EV)...
NDB Pre-tax profits surge by 118 percent to four billion rupees
National Development Bank (NDB) released its financial results for the three months ended March 31, 2025 (1Q 2025) reflecting solid...
U.S. Bitcoin ATM count drops despite ‘pro-crypto presidency’
April 9, 2025. Andreja Stojanovic Despite the Trump administration’s pro-crypto stance, including promises to end “regulation by enforcement” and support...
AI’s Power Demand: Calculating ChatGPT’s Electricity Consumption for Handling over 365 billion User Queries Every Year
May 9, 2025. Paul Hoffman AI startup OpenAI recently revealed that its groundbreaking chatbot, ChatGPT, has reached 300 million weekly...
Pan Asia Bank continues to excel with a PAT of over one billion rupees
Pan Asia Banking Corporation reported a 180 percent increase in Profit After Tax (PAT) for first quarter of 2025, reaching...
Over USD 1.77 billion stolen in crypto hacks in First Quarter of 2025
Following a string of staggering cryptocurrency hacks between January 1 and March 31, 2025 promises to be a particularly damaging...
SLT-MOBITEL surges ahead with robust growth in the First Quarter of 2025
Janaka Abeysinghe, Chief Executive Officer, SLT Group. The SLT Group reported a Profit After Tax (PAT ) of 2,001 million...
The world spent USD 8.5 trillion on IT devices in a decade, more than Germany and the UK’s economies combined
April 1, 2025. Jastra Kranjec Every year, consumers and businesses pour staggering amounts of money into IT devices- desktop PCs,...
How much is LeBron James’ initial USD 6.5 million investment in Liverpool FC worth today?
May 5, 2025. Paul L. NBA star LeBron James’ initial USD 6.5 million investment in English Premier League side Liverpool...
SLT-MOBITEL partners with the Online Entrepreneurs Club of Sri Lanka
Imantha Wijekoon, Chief Business Officer Consumer Business, SLT and Lasantha Wickramasinghe, Director, Online Entrepreneurs Club of Sri Lanka, with the...
Bank of Ceylon presents 2024 Annual Report
Kavinda de Zoysa, Chairman, BOC handed over the report to Dr Anil Jayantha Fernando, Minister of Economic Development in the...
Dialog Axiata connects Sri Lanka to the World with the India-Asia Xpress Subsea Cable
Unveiling of the Plaque (L–R): Lasantha Theverapperuma, Group Chief Marketing Officer, Dialog Axiata; Lim Li San, Group Chief Operating Officer,...
SLT-MOBITEL TechNovation 2025 showcases progressive solutions for national challenges
The winning team receiving the cash prize. SLT-MOBITEL has successfully concluded the grand finale of TechNovation 2025, a flagship ideathon...
People’s Bank Business loans for step up your business to the next level
People’s Bank is dedicated to fostering business growth by offering flexible and competitive financing solutions. With interest rates starting as low as...
BOC Basel III Debenture Issue snapped up on the opening day
Bank of Ceylon (BOC) closed its Debenture Issue 2025 early due to oversubscription, receiving over 15 billion rupees in applications,...
SLT-MOBITEL rewards loyal Roaming customers with overseas tour
L–R: Jessica Walpola, Senior Executive – Travel and Administration, Mobitel; Ramesh Sanjaya, Deputy General Manager – Facilities Management, Mobitel; Charaka...