Business
‘Better prospects for students’

Director, ‘Sri Lanka Scholar’ Kumar Sangakkara launches the website while ‘Sri Lanka Scholar’ CEO Keerthi Jayasuriya looks on
‘Sri Lanka Scholar’ is the only site with over 3000 courses to get comprehensive in information on educational opportunities within Sri Lanka and better prospects for local students, said Sri Lanka Scholar CEO Keerthi Jayasuriya.
He made these remarks at the launching of the Sri Lanka Scholar website -www.srilankascholar.lk recently at Scholar House in Colombo 04.
“International Scholar started operations in 1999. During that period, we have provided information for students who were keen to get valuable educational information and gave opportunities to students to study overseas, provided career guidance too. We also collaborated with local foreign education partners and brought in many foreign universities to collaborate with local education partners, he said.
“We brought top Malaysian universities to Sri Lanka for the first time and offered opportunities to Sri Lankan students to study in Malaysia, he said.
“With the journey of 21 years we have been working with all the leading private institutes as well as leading private schools and over the years International Scholar has been accepted as a highly reputed education provider,” he added.
In 2019 Kumar Sangakkara joined the board as a Director of Sri Lanka Scholar.
“Over 3,000 courses from over 200 Sri Lankan institutions are highlighted in the website and have a lot of resource knowledge on Sri Lankan private sector. In near future the private sector options will be highlighted,” Director of Sri Lanka Scholar Kumar Sangakkara said.
“Students could get information on scholarship programmes that are available, it will also highlight Sri Lankan universities and institutions that have foreign accreditation and transfer options for students to study overseas and this kind of an resource center is such an important tool in deciding students future education options, all in Sri Lanka during this COVID-19 pandemic. The ultimate goal is to have this as a fully-fledged knowledge and resource center for students to make use of this and what is available here in Sri Lanka for them and other future prospects for students,” he said.
There is a demand emerging for the world class educational opportunities within Sri Lanka. As the Sri Lankan government has highlighted that world class educational opportunities exist in Sri Lanka and there are a lot of options for prospective students. To showcase these options, we developed ‘Sri Lanka Scholar’.
Sri Lanka Scholar also highlights over 100 courses that provide eventual transfer options to Australia, UK, Canada, Malaysia, New Zealand, USA, Vietnam and Japan. This may be of interest to students delaying their international studies given the prevailing COVID situation.
Sri Lankan Government accredited courses, training programmes such as National Vocational Qualification programmes which is offered for the betterment of students who have not completed Advanced Level studies are also listed in this website. The students and parents can easily refer to these courses to find out the best available option for them.
Any student after completion of O/L or A/L can benefit from this website which has direct and clear information on local study programmes, vocational training programmes and many more.
“Sri Lanka Scholar” is an extension of International Scholar – a trusted overseas educational consultant for more than 21 years and now moving to help local education providers and interested students.
As such, “Sri Lanka Scholar” is a good platform to get information about all local educational providers and their courses for students and parents.
Business
Stealer malware leaked over 2 million bank cards

Kaspersky Digital Footprint Intelligence estimates that 2.3 million bank cards were leaked on the dark web, based on an analysis of data-stealing malware log files from 2023-2024. On average, every 14th infostealer infection results in stolen credit card information, with nearly 26 million devices compromised by infostealers, including more than 9 million in 2024 alone. Kaspersky released its report on the infostealer threat landscape while the technology world gathers at MWC 2025 in Barcelona.
Kaspersky experts estimate that approximately 2,300,000 bank cards have been leaked on the dark web. This conclusion is based on an analysis of the log files from data-stealing malware, dated 2023-2024, that were leaked on the dark web market. While globally the share of leaked cards is well below one percent, 95% of the observed numbers appear technically valid.
Infostealer malware is not only designed to extract financial information, but also credentials, cookies and other valuable user data, which is compiled into log files and then distributed within the dark web underground community. An infostealer can infect a device if a victim unknowingly downloads and runs a malicious file, for example one disguised as legitimate software, such as a game cheat. It can be spread through phishing links, compromised websites, malicious attachments in emails or messengers and various other methods. It targets both personal and corporate devices.
On average, every 14th infostealer infection results in stolen credit card information. Kaspersky Digital Footprint Intelligence experts found that nearly 26 million devices running Windows were infected with various types of infostealers in the past two years.
“The actual number of infected devices is even higher. Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe. We forecast the total number of devices infected with infostealer malware in 2024 to be between 20 million and 25 million, while for 2023, the estimate ranges between 18 million and 22 million,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.
In 2024, Redline remained the most widespread infostealer, accounting for 34% of the total number of infections.
The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024. “RisePro is a growing threat. It was first discovered two years ago but seems to be gaining momentum. The stealer primarily targets banking card details, passwords and cryptocurrency wallet data, and may be spreading under the guise of key generators, cracks for various software and game mods,” explains Sergey Shcherbel. Another rapidly growing stealer is Stealc, which first appeared in 2023 and increased its share from nearly 3% to 13%.
Business
UTE Delivers Sri Lanka’s Largest Cat D8 Tractor to NEM Construction

Caterpillar equipment dealer UTE has delivered the country’s largest Cat D8 Track-Type Tractor to NEM Construction Pvt. Ltd., marking a significant milestone in heavy machinery. This delivery strengthens the long-standing partnership between UTE and NEM Construction, which spans over 45 years. The Cat D8 is expected to boost operational efficiency in large-scale projects. As the sole authorized dealer for Caterpillar in Sri Lanka, UTE continues to provide top-tier machinery and after-sales support. The handover is particularly notable as Caterpillar celebrates its 100th anniversary. NEM Construction’s Chairman, Raja Nanayakkara, praised the Cat D8’s superior performance and UTE’s unmatched service and parts support, which have been key to the company’s long-term collaboration. This purchase highlights the continued trust in both Caterpillar and UTE’s expertise in supporting Sri Lanka’s construction industry.
Business
ComBank’s 2023 Annual Report tops Banking sector at ACCA Sustainability Reporting Awards

The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).
The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.
The ACCA Sustainability Reporting Awards recognise Annual Reports that clearly acknowledge and explain the economic, environmental and social impacts of the business to internal and external stakeholders, demonstrating the organisation’s policies, targets and long-term objectives towards the goal of sustainable development.
Commercial Bank’s 2023 Annual Report also won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, excelling in the key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.
The Bank won the Gold for ‘Corporate Governance Disclosure’ in the Financial Services sector, the Gold for the Best Annual Report among the private sector banks, the Silver for ‘Digitally Transformative Reporting’ across all sectors, and the overall Bronze award for Excellence in Corporate Reporting.
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