Roshn, one of five “gigaprojects” backed by Saudi Arabia’s Public Investment Fund, received a settlement offer of less than $50mn from British-born David Grover in February, according to emails seen …
Federal Excise Duty on property sale, purchase abolished
The government has abolished federal excise duty on property transactions for filers and non-filers alike and approved the draft of the National Housing Policy 2025. Experts predict a boom in real …
Sri Lanka bill to regulate online gambling, and ‘offshore casinos’ at Colombo Port City, to be sent to parliament
Sri Lanka’s cabinet has approved the gazetting of a draft bill to set up a body called the Gambling Regularisation Authority. It will oversee forms of online gambling and ship-based gambling, as well …
Sri Lanka’s economy to grow 3.5% in 2025 despite US tariff headwinds, World Bank says
Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from its October forecast, but faces challenges from hefty U.S. tariffs and …
Elevate Your Travel Experience: The Postcard Hotel Partners with IndiGo to Reward BluChip Members
IndiGo is known for its vast reach, punctuality, and seamless travel experience. With multiple accolades, it continues to enhance efficiency and comfort for millions. The BluChip program rewards …
Sri Lanka Obit Pope Francis Global Reax
A Catholic woman prays in front of a portrait of Pope Francis at a church in Colombo, Sri Lanka, Tuesday, April 22, 2025. (AP Photo/Eranga Jayawardena) …
Chinese tourist arrested for damaging Tesla cybertruck in South Korea’s wealthiest neighborhood
Police in South Korea have arrested a Chinese tourist for allegedly damaging a parked Tesla cybertruck valued at around 100 million won (US$70,400) in Seoul’s Gangnam, the country’s richest …
Myanmar earthquake death toll rises to over 1,640 with dozens missing in Bangkok
The death toll from a powerful 7.7 magnitude earthquake in Myanmar has swollen to 1,644, military officials say. The tremor, which tore though Mandalay, the country’s second-largest city …
South Africa Sends Condolences to Thailand and Myanmar Following Earthquake
The South African Government has extended its heartfelt condolences to the people of Thailand and Myanmar following the devastating earthquake that has caused significant loss of life and extensive …
Powerful earthquake kills over 140 in Myanmar; death toll likely to rise
BANGKOK >> A powerful earthquake killed more than 140 people in Myanmar today, authorities said, toppling buildings and wrecking infrastructure across a wide area, including a skyscraper under …