Government Launches New Unit to Track Illicit Wealth
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CNL Reporter
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October 20, 2025
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News
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PCID, Sri Lanka
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Sri Lanka has launched the Proceeds of Crime Investigation Division (PCID) to trace and recover assets acquired through corruption and criminal activity. Established under the newly passed Proceeds of Crime Act,
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Sri Lanka’s Education Funding among Lowest in Its Income Group
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CNL Reporter
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October 20, 2025
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Education
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Sri Lanka
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0 Comments
Sri Lanka’s public spending on education remains among the lowest in the developing world,
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Sri Lanka Unveils First AI-Powered Hotel to Boost Tourism Revival
Sri Lanka marked a new milestone in its tourism revival with the launch of the Grand Serendib Colombo, the country’s first AI-powered hotel project, inaugurated on October 10 at the Shangri-La Hotel Colombo.
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Sri Lanka cabinet reshuffle must not stall KKS Port, Jaffna Airport expansion: Report
Projects such as Kankesanthurai (KKS) Port and Jaffna Airport expansion cannot afford to be caught in political transitions,
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IMF-Driven Company Law Reform Shakes Sri Lankan Corporates
Sri Lanka’s corporate sector is facing a sweeping transformation following the enactment of the Companies (Amendment) Act No. 12 of 2025, a key IMF-backed reform aimed at enhancing transparency and accountability.
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Sri Lanka’s Dwindling Reserves Raise Alarm Over $7 Billion IMF Target
Sri Lanka is confronting a growing challenge in meeting its US$7 billion foreign reserve target for 2025, as stipulated under the IMF’s Extended Fund Facility program
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Sri Lanka’s Democracy at a Crossroads: Arrests, Reforms, and the Struggle for Justice
Weekly Political Review
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Sri Lanka’s Fragile Recovery Overshadowed by Weak Governance and Politics
Weekly Economic Review
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Sri Lanka Corporate earnings increase 56% in Q2 2025
Sri Lanka’s listed corporate earnings increased by 56% year-on-year (y-o-y) in Q2 to Rs. 152 billion,
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Sri Lanka to offer concessional loans to draw youth to agriculture, industry
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CNL Reporter
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August 23, 2025
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News
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Sri Lanka
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0 Comments
The government is to implement concessional loan scheme for young Sri Lankans to enter into agricultural and industrial fields.
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