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Government Probes into Rapid Expansion of Unregulated Co-operative Banks

Financial institutions mushrooming in the island without a proper oversight as co-operative banks’ with branches in several regions are to be scrutinised and regularised, Trade and...

Sri Lanka Launches Bold Crackdown to Recover Stolen Wealth

In a sweeping move to confront decades of entrenched corruption and recover stolen public funds, the Sri Lankan government has launched a major anti-graft...

Guarantee Trap: Hidden Fiscal Risks Lurking in Sri Lanka’s Debt

Sri Lanka’s growing dependence on government guarantees has turned into a silent threat, tightly binding public finances to the performance of state-owned enterprises (SOEs)...

Sri Lanka’s Gem Glory Dimmed by US $1 Billion Black Market

The gem and jewellery industry in Sri Lanka long celebrated for the wealth of varieties such as Ceylon sapphires, rubies and topazes is now...

TRCSL Launches 24-Hour ‘1818’ Hotline to Support National Anti-Drug Operation

In support of the island-wide anti-drug campaign themed “Nation United – National Drive”, the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has launched a new 24-hour hotline, 1818,...

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Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...

High Court Upholds Construction Rights in Pentara Residences Dispute

Sri Lanka’s Civil Appellate High Court has decisively rejected...
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