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Banking Scandals Expose Gaps but System Remains Stable
Two high-profile financial scandals a multi-million-dollar Treasury cyber theft and a massive internal fraud at National Development Bank (NDB)—have intensified scrutiny of Sri Lanka’s...
BOI’s Digital Investment Drive Targets Billions in Foreign Capital
Sri Lanka is aggressively reshaping its investment landscape through a sweeping digital transformation strategy aimed at attracting billions of dollars in foreign capital. At...
Sri Lanka’s Sugar Fight Undermined by Hidden Sweetener Loopholes
Sri Lanka’s much-publicized campaign to reduce sugar consumption and combat non-communicable diseases (NCDs) is facing growing scrutiny, as emerging evidence suggests that major policy...
Rebuilding Sri Lanka Fund Receives Rs. 10 Billion in Donations for Cyclone Ditwah Relief
Labour Minister and Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando says the ‘Rebuilding Sri Lanka’ Fund has received Rs. 10 billion in local and foreign donations...
Sri Lanka’s Official Reserves Rise to USD 6.87 Billion in May
Sri Lanka’s official reserve assets increased by 1.6% in May 2026, reaching USD 6.873 billion, according to the latest data released by the Central...