In a strategic move to bolster its infrastructure sector, the Sri Lankan government has secured a $500 million loan from China’s Exim Bank, denominated in Chinese yuan. This significant financing is aimed at supporting critical infrastructure projects across the country, ranging from transportation and energy to urban development and sustainable initiatives. The decision to borrow […]
Sri Lanka is set to achieve a remarkable milestone as its economy is projected to exceed $100 billion in 2025, signaling a strong recovery from the significant $74 billion contraction experienced in 2022. This turnaround highlights the resilience of the nation’s economic framework and the adaptability of its private sector. The impressive growth trajectory is […]
Sri Lanka has recently witnessed one of the most high-profile law enforcement operations in recent years, with the successful extradition of Kehelbaddara Padme, a notorious underworld figure, and four accomplices from Indonesia. This major breakthrough marks a significant step in cracking down on organized crime, cross-border criminal networks, and forged identity scandals. Who Is Kehelbaddara […]
