
Chinese Gem Smuggling Drains Billions from Sri Lanka’s Economy
- CNL Reporter
- August 16, 2025
- News
- Sri Lanka’s Economy
- 0 Comments
Chinese-led gem smuggling operations are causing massive losses to Sri Lanka’s struggling economy,
Continue ReadingChinese-led gem smuggling operations are causing massive losses to Sri Lanka’s struggling economy,
Continue ReadingThe National Housing Development Authority (NHDA) has announced plans to redevelop government apartment complexes in Colombo District that are over 40 years old, a move expected to begin next year.
Continue ReadingCardinal Malcolm Ranjith warns that an organized program, backed by international organizations, aims to promote homosexuality in Sri Lanka. He further stated that it threatens the country’s marriage culture. The Cardinal made these remarks while attending a ceremony at Ruhunu University, where the Aggamaha Panditha honorary title was conferred by the Myanmar government on Ruhunu University’s Vice-Chancellor, Dhamma Keerthi Sri …
Continue ReadingColombo, August 2025 – Sri Lanka Customs has officially launched its new web-based Customs Document Notification System (CDNS),
Continue ReadingSri Lanka’s agricultural production in June 2025 showed a mixed performance, with rice and coconut output rising, while tea, fish, and rubber declined, the Central Bank said.
Continue ReadingSri Lanka’s Export Development Council of Ministers (EDCM) discussed strategies to boost the nation’s exports to USD 36 billion by 2030,
Continue ReadingSri Lanka is striving to achieve 4–5% GDP growth in the medium to long-term in comparison to the baseline requirement of 3% set by the International Monetary Board (IMF) to achieve debt sustainability,
Continue ReadingFormer Sri Lankan State Minister Lohan Ratwatte passed away today at the age of 57 while receiving treatment at a private hospital in Colombo. Ratwatte was a prominent figure in Sri Lankan politics, representing the Kandy District in Parliament and serving as State Minister of Gem and Jewelry. He was the eldest son of former Deputy Defense Minister General Anuruddha …
Continue ReadingSri Lanka is once again preparing to host Voyage Sri Lanka 2025, the nation’s flagship international marine summit. This landmark event is scheduled for October 16th, 2025, at The Kingsbury Hotel in Colombo. The event is organized by the Sri Lanka Export Development Board (SLEDB). Its primary mission is to bring together global experts, investors, policymakers, and industry leaders to …
Continue ReadingSri Lanka is set to be positioned as an AI hub in the Asia-Pacific region and to accelerate the systemic introduction of artificial intelligence across all economic sectors, as revealed at a media awareness session on Sri Lanka’s first national artificial intelligence exhibition and conference, “AI Expo 2025”, held yesterday (August 14) at the ICTA auditorium (Information and Communication Technology …
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