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In a candid and data-driven address, the head of Sri Lanka’s anti-corruption watchdog has revealed that the public institutions are perceived as the most corrupt by citizens, while simultaneously identifying a separate list of state bodies whose corrupt activities inflict the most severe damage on the national economy.
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Despite the government’s rhetoric, the country’s investment climate remains constrained, and investors report that doing business remains difficult, frequently citing concerns about project reversals, regulatory shifts, slow decision-making, and inadequate support for established businesses, according to the U.S. Department of State.
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Sri Lanka Police are on the lookout for rogue officers suspected of leaking sensitive information to underworld figures, following shocking revelations that notorious criminal Kehelbaddara Padme was reportedly tipped off about a secret overseas mission to arrest him.
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In a move to crack down on potential money laundering, the Central Bank of Sri Lanka announced it will soon mandate that all cryptocurrency (crypto) and virtual asset service providers register with the government to continue their operations.
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Sri Lanka’s T20 Asia Cup defence came to a premature ending as the island nation failed to even make the finals this time around. In fact, the team led by Charith Asalanka was beaten in all three games of the ‘Super 4’ stage. Having started off the tournament well, winning all three group stage games, Sri Lanka failed to live up to their expectations in the Super 4s.
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The United States has cautioned that Sri Lanka’s regulatory unpredictability, bureaucratic red tape and selective transparency are discouraging broader participation of American firms, despite strong interest in sectors such as ICT, energy, aviation and defence.
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SLPP member of the Dehiwala-Mount Lavinia Municipal Council and former Western Provincial Councillor, Amal Silva, was arrested today (28) by police for allegedly possessing three luxury vehicles valued at over Rs. 60 million, which had been registered using forged documents.
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The Child Abuse Bill is not a law amended to target schools or teachers, but a broader amendment aimed at ensuring the safety and protection of all children in society, Prime Minister and Minister of Education, Higher Education and Vocational Education Dr. Harini Amarasuriya said.
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Kyiv came under heavy drone and missile bombardment early on Sunday, in what independent monitors said was one of the biggest Russian attacks on the Ukrainian capital and surrounding region since the full-scale war began.
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Transport, Highways, Ports and Civil Aviation Minister and Leader of the House Bimal Ratnayake highlighted that professionals must work together to contribute to the country’s development, stressing that no one can win alone.