Tag: SL Government

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Sri Lanka’s Export Sector Grows 6.9% in First Four Months of 2025

By: Staff Writer May 27, Colombo (LNW): Sri Lanka’s export sector posted strong growth in the first four months of 2025, with total earnings reaching $5.58...

U.S. Credit Downgrade Raises Concerns for Sri Lanka’s Reserves.

By: Staff Writer May 20, Colombo (LNW): Moody’s recent downgrade of the United States’ long-term credit rating has raised fresh concerns in Sri Lanka over the...

Sri Lanka Arrests UK Woman over Large Cannabis Haul; Foreign Office Responds.

By: Staff Writer May 20, Colombo (LNW): UK authorities are providing support to a British woman arrested in Sri Lanka, as reports emerge that she has...

Government Moves to Cut Tax Breaks for Port City and Mega Projects.

By: Staff Writer May 20, Colombo (LNW):In a move that could significantly reshape its investment climate, the Sri Lankan government is planning to curtail generous tax...

Sri Lanka Gears Up for Crucial Anti-Money Laundering Evaluation amid Global Scrutiny.

By: Staff Writer April 04, Colombo (LNW): Sri Lanka is actively preparing for its third Mutual Evaluation (ME) of the Anti-Money Laundering and Countering the Financing...

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Cyclone Shock Exposes Power Sector Fault Lines, CBSL Warns

The aftermath of Cyclone Ditwah did more than replenish...

Cyclone Ditwah Exposes Economic Fragility amid Policy Paralysis

Sri Lanka’s post-crisis economic recovery suffered a severe reversal...

China Pumps Millions into Colombo Port City as Policy Chaos Looms

China Harbour Engineering Company (CHEC) has doubled down on...

Venezuela’s Machado Says She Presented Nobel Peace Prize to Trump During Washington Meeting

Venezuelan opposition leader Maria Corina Machado said she presented...

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