Sri Lankan shares closed higher on Friday, buoyed by gains in utilities and communication services stocks. The CSE All-Share index settled up 0.26% at 16,257.31. It gained 2.1% in the …
High-Profile Interrogation: The Gotabaya Rajapaksa Property Case
Former Sri Lankan president Gotabaya Rajapaksa was questioned by police regarding a property in Kataragama. The inquiry is part of ongoing anti-corruption efforts by the new government. Rajapaksa …
Former Sri Lanka president Gotabaya Rajapaksa quizzed by police over a property
The National People’s Power (NPP) government in the run up to the election had vowed to revive the anti-corruption cases filed between 2015 and 2019 in which the Rajapaksas had been implicated.
What to Expect as Sri Lanka Lifts Vehicle Import Restrictions
On March 1, 2020, the Sri Lankan government imposed restrictions on the importation of various goods, including vehicles, in respo – Get the latest breaking news and top stories from Sri Lanka, the …
ED attaches Rs 200 crore worth assets in Sri Lanka in PMLA case against Krrish Realtech
The company named Krrish Realtech Private Limited is promoted by businessman Amit Katyal, who is believed to be a close associate of the family of RJD chief Lalu Prasad.
Sri Lanka’s Krrish building named by India prosecutors as proceeds of crime
Authorities in India who are probing a money laundering case has included a stall real estate project initiated by the Krrish group in Sri Lanka as part of assets involved in the scheme, a media …
ED attaches assets worth over Rs 200 crore in Sri Lanka under PMLA probe
The Enforcement Directorate Thursday said it has attached an under-construction luxury hotel in Colombo’s prime area and some other assets worth more than Rs 200 crore as part of a money laundering …
China, Sri Lanka agree more investment and economic cooperation
China and Sri Lanka have agreed on more investment and economic cooperation, after China’s President Xi Jinping met recently elected Sri Lankan President Anura Kumara Dissanayake in Beijing on …
China places SL on top of its neighbourhood diplomacy: Xi tells Dissanayake
China places Sri Lanka on top of its neighbourhood diplomacy and supports it in safeguarding its sovereignty, President Xi Jinping told his Sri Lankan counterpart Anura Kumara Dissanayake during their …
Sri Lanka financial institution interest in green finance, but face lack of awareness: CSF report
Green finance is getting greater attention in Sri Lanka, a policy think tank survey of 20 financial institutions has found, with a majority saying that over the next decade they anticipate it will …