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Several provinces to witness showers, thundershowers: Mainly fair weather to prevail elsewhere (Nov 01)

Several provinces to witness showers, thundershowers: Mainly fair weather to prevail elsewhere (Nov 01)

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...

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