Police seek regulatory changes to combat surge in online scams involving foreign nationals
Following the recent arrests of several foreign nationals, mostly Chinese, involved in online scams, the police are now seeking guidance from relevant authorities including the Attorney General's Department to update laws and regulations.
COYLE’s trade delegation to South Korea forges new business alliance
editor
The Chamber of Young Lankan Entrepreneurs (COYLE) recently led a high-profile trade delegation to the Republic of Korea, marking a significant milestone for the Sri Lankan business industry.
The BOI approved US $ 4.5 Million Amber Adventure and Ambuluwawa Bio Diversity Center’s first cable car operation in Sri Lanka has been given interim relief by the Court of Appeal to continue with the project .
Yohani’s debut album submitted for Grammy Award consideration
editor
Sri Lankan star Yohani’s debut album ‘Kella’ has been submitted for consideration at the 67th Annual Grammy Awards to be held in February 2025.
New Government to purchase debt management software system
Sri Lanka new government is to purchase a debt management software system to manage public debt, the Government said.
Sri Lanka abandons plans to sell national carrier
Sri Lanka’s new government has abandoned plans to sell the debt-ridden national airline SriLankan Airlines, but will restructure it for a more profitable future.
Another group of foreign nationals arrested over alleged online scams
A group of foreign nationals, who were staying under suspicious circumstances at a hotel in the Chilaw area, has been arrested over suspicions of being involved in online financial scams.
The powerful Indian gangster pulling strings from behind bars
On Monday, Canadian police made a sensational claim.
US gives Israel 30 days to boost Gaza aid or risk cut to military support
The US has written to Israel, giving it 30 days to boost humanitarian aid access in Gaza or risk having some US military assistance cut off.
Chinese Embassy assures full support to curb online fraud of Chinese men
editor
China is closely following the recent reports that Sri Lankan police arrested a number of foreign suspects of online fraud, including Chinese nationals.
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Sri Lanka’s passport shortage ends from Monday - Minister Vijitha Herath
Sri Lanka’s passport shortage and long queues of persons seeking new passports or to extedend the date of expiry to travel overseas will come to to end by next Monday
Central Bank Focuses on Stability and Risk Management of Banking Sector
Sri Lanka’s financial system is on the path to improvement, with expectations of enhanced asset quality and stronger capital buffers, according to the Central Bank of Sri Lanka (CBSL) in its Financial Stability Review 2024.
SL informs US Court of pursuing with IMF program, EDR
In a critical response to the Hamilton Reserve Bank’s (HRB) legal opposition, Sri Lanka has reaffirmed its commitment to progressing with its debt restructuring efforts.
Govt. reveals stance on allowing vehicle imports
Minister Vijitha Herath states that the import of vehicles will only be carried out under a proper procedure and in a manner that will not exhaust the foreign reserves in the country thereby causing a dollar crisis again.