Tag: Sri Lanka Debt
Sri Lanka May Need to Raise US$1.5 Billion to Address Foreign Exchange Challenges.
Sri Lanka may need to raise approximately US$1.5 billion to bridge a…
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Government Considers New Laws to Protect Abandoned Parents.
The Sri Lankan government is exploring new legal and regulatory measures to protect parents who transfer their property to their children but later face neglect or abandonment. Deputy Minister of Social…
Money Laundering Network Linked to Drug Trafficking Under Investigation.
Colombo Criminal Investigation Department (CID) reports that a large-scale money laundering operation allegedly converted billions of rupees earned through drug trafficking into legal income through business channels. Investigators state that a…
Sri Lankan Rupee Weakens Against US Dollar Across Banks.
The Sri Lankan Rupee weakened against the US Dollar across commercial banks in Sri Lanka on Monday (09). Banks increased both buying and selling rates compared to the previous trading day.…
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