117th birth anniversary of Deshamanya N.U. Jayawardena

This year marks the 117th birth anniversary of entrepreneur, financier, senator and the first Sri Lankan Governor of the Central Bank, the late Desamanya NU Jayawardena. To mark the occasion, his statue was garlanded by his son, Nimal Jayawardena (L), at the Riverpoint Peliyagoda headquarters of MMBL-Pathfinder. Earlier that day, flowers were placed at his […]

MMBL-Money Transfer achieves record $ 351 m workers’ remittances in 2024

The MMBL-Money Transfer was responsible for bringing in a record $ 350.8 million in foreign exchange into Sri Lanka in 2024. This represents 5% of the total worker remittances that came into the country last year. This also accounts for 77% of the overall Western Union remittances to the country. MMBL-Money Transfer is a 50/50 […]

MMBL-Pathfinder partners HCLTech to accelerate technology talent development

MMBL-Pathfinder Group CEO K. Balasundaram (right) and EdTech Corporate Vice President and Global Head Srimathi Shivashankar Signing the agreement of establishment of the Pathfinder EdTech Institute MMBL-Pathfinder Group has entered into a strategic partnership with HCLTech, a leading global technology company, to introduce innovative IT training programs in Sri Lanka.  This collaboration is set to […]

MMBL-Pathfinder partners HCL Tech to accelerate technology talent development

MMBL-Pathfinder Group has entered into a strategic partnership with HCLTech, a leading global technology company, to introduce innovative IT training programmes in Sri Lanka. This collaboration is set to be a game-changer, with the newly established Pathfinder EdTech Institute at its core, aimed at creating a skilled workforce ready for the digital age. The programme […]

MMBL-Pathfinder Group joint-venture foreign exchange earnings to top US$ 425 million this year

(Media Release – 2024/08/14) The MMBL-Pathfinder Group joint-venture portfolio of investments is expected to yield nearly US$ 425 million in foreign exchange to Sri Lanka in 2024, a significant increase from the US$ 250 million it earned in 2023. The MMBL-Pathfinder Group’s joint-venture investment portfolio consists of partnerships and strategic alliances with a wide network […]

Remittances to Sri Lanka via MMBL money transfer up 44% YoY

Worker remittances brought into Sri Lanka through the MMBL-Money Transfer network has witnessed a 44 percent growth to US$ 159. 3 million in the first half of 2024.MMBL-Money Transfer represented a 5 percent share of Sri Lanka’s total worker remittances and a 78 percent share of Western Union remittances to Sri Lanka during this period, […]

Worker Remittances: MMBL-Money Transfer Market Share grows to 5%

Worker Remittances: MMBL-Money Transfer Market Share grows to 5% Worker Remittances: MMBL-Money Transfer Market Share grows to 5% Worker remittances brought into Sri Lanka through the MMBL-Money Transfer network has witnessed a 44 percent growth to US$ 159. 3 million in the first half of 2024.MMBL-Money Transfer represented a 5 percent share of Sri Lanka’s […]

N. U. Jayawardena Charitable Trust donates electric motorcycles to St. Benedict’s College

(Media Release : 2022/10/09) The N. U. Jayawardena Charitable Trust donated two electric motorcycles to St. Benedict’s College, Colombo 13, to be used in the Technical Education Division of the school. These motorcycles were imported by the MMBL-pathfinder Group for a pilot project and are being donated after the completion of the initiative. Deshamanya N. […]

Cinnamon Air declares open new maintenance hangar at BIA

( Media Release – 20 December 2021 ) Cinnamon Air, Sri Lanka’s premier domestic airline and the only airline in the country to offer a scheduled flight service covering a wide range of popular tourist destinations, held the opening of its new aircraft maintenance hangar at the Bandaranaike International Airport (BIA). The new hangar is […]

Jetwing and MMBL-Pathfinder in a Premier Houseboat Joint Venture

( Media Release – 2021/08/08) Cruising the placid waters of the Benthara River, Yathra Houseboat by Jetwing is a pioneering hospitality venture by Sri Lanka’s premier hospitality brand – Jetwing Hotels and MMBL-Pathfinder. Inspired by the Kettuvallam, the wooden-hulled, thatched houseboats ferrying tourists along the rivers of Kerala, Yathra shares its concept with “padda” boats […]