Tag: SL Government
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FDI strategy gaps undermine Sri Lanka investment goals
By: Staff Writer
May 19, Colombo (LNW): Sri Lanka’s foreign direct investment (FDI) framework is facing renewed scrutiny as economic analysts warn that the country continues...
Accounting Lapse Exposes Control Gaps at State Bank Giant Peoples Bank
By: Staff Writer
May 19, Colombo (LNW): An internal accounting irregularity at People’s Bank has drawn scrutiny after the institution disclosed that an exchange rate application...
Ashu Marasinghe’s Rs.1.5 Billion Defamation Case Settled Amicably
May 19, LNW(Colombo): A defamation case filed by former Parliamentarian Ashu Marasinghe against former MP Hirunika Premachandra and another respondent was settled before the...
Sri Lanka Current Account Deficit Returns Amid Rising Oil Import Costs
By: Staff Writer
May 19, Colombo (LNW): Sri Lanka is heading toward its first current account deficit in four years, a development that signals growing stress...
LNW Exclusive: New Western Province Governor likely before May 25 – Yusoof’s future as envoy uncertain
May 18, LNW (Colombo): President Anura Kumara Dissanayake is expected to appoint a new Governor for the Western Province before May 25, 2026, facilitating the...