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In a major crackdown on cybercrime gangs, the South Asian nation of Sri Lanka on Friday (June 20) deported 85 Chinese nationals after they were accused of targeting the country’s banks. The suspects were found guilty of violating the terms of their tourist …
ECONOMYNEXT – The World Bank said it had approved a 150 million dollar program for Sri Lanka that will help finance 1000 MegaWatts of solar and wind energy and also strengthen the grid to avoid blackouts. The 150 dollar program includes 40 million dollars …
Sri Lanka’s Foreign Direct Investment (FDI) rose by US$ 96 million in the first quarter of 2025, compared to the same period in 2024, the Board of Investment (BOI) revealed during a progress review meeting held on June 20 at the Presidential Secretariat. …
The Central Bank of Sri Lanka (CBSL), in collaboration with the Ministry of Finance and the International Monetary Fund (IMF), hosted a high-level conference titled “Sri Lanka’s Road to Recovery: Debt and Governance” on June 16, 2025, at Shangri-La Colombo …
Sri Lanka is ramping up its efforts to transform into a regional air travel hub by fostering strategic airline alliances and investing in major infrastructure projects, as the country navigates complex political and economic challenges. Positioned at the …
The Board of Investment (BOI) of Sri Lanka has reported a significant increase of US$96 million in Foreign Direct Investment (FDI) during the first quarter of 2025, compared to the same period last year. This was announced on June 20 during a progress …
United Nations High Commissioner for Human Rights Volker Türk is scheduled to visit Sri Lanka from June 23 to 26, marking the first official visit by a UN Human Rights Chief to the country since February 2016. During his visit, High Commissioner Türk will …
COLOMBO: Sri Lanka deported 85 Chinese nationals on Friday, months after they were detained on suspicion of carrying out cybercrimes against banks. The suspects were expelled for violating the terms of their tourist visas and fined around $250 each. " …
BENTOTA, Sri Lanka -- Once home to the late Geoffrey Bawa, Sri Lanka's most celebrated architect, the small coastal town of Bentota, 86 kilometers south of Colombo, is now one of the island's top art and design destinations. Climbing the entrance …
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