The Business Times

Sri Lanka

Global Enterprise

Polluting Singapore ship’s agent pays token damages to Sri Lanka

In Colombo, Sri Lanka’s Supreme Court has scheduled a hearing on Thursday about the implementation of its decision.
Global Enterprise

Singapore firm rejects US$1 billion Sri Lankan pollution damages

The US$1.2 billion City of Dreams casino complex in Colombo was a joint venture between John Keells Holdings and Macau-based Melco Resorts & Entertainment.
International

Sri Lanka rolls the dice on casinos to power post-crisis tourism boom

Wickremesinghe was taken into custody after being questioned about a September 2023 visit to London to attend a ceremony for his wife at a British university while he was head of state, the officer said.
International

Sri Lanka ex-president Ranil Wickremesinghe arrested for fund misuse

Kalkudah Beach Hotel is putting an under-visited region of Sri Lanka on travellers’ maps once again.
BT Luxe
TRAVEL

Kalkudah, Sri Lanka: Beauty and the beach

The vessel was carrying 81 containers of “dangerous cargo”, including acids and lead ingots, when it sank.
Transport & Logistics

Sri Lanka orders Singapore shipowner to pay US$1 billion over marine disaster

FILE PHOTO: A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C., U.S., November 24, 2024. REUTERS/Benoit Tessier/File Photo
International

IMF reaches agreement with Sri Lanka on US$344m loan payout

The trio signed a deal to create the hub during a visit this month by India’s Prime Minister Narendra Modi, the first global leader to visit the island since President Anura Kumara Dissanayake took office last September.
International

Sri Lanka to begin talks with India, UAE for new energy hub

The United States is Sri Lanka’s largest single market, accounting for almost a quarter of its US$12 billion in merchandise exports.
International

US tariffs threaten troubled Sri Lanka's recovery: IMF

The Proceeds of Crime Bill was passed unanimously in parliament, where the leftist government of President Anura Dissanayake enjoys a two-thirds majority after elections last year.
International

Sri Lanka passes landmark law to recover stolen assets

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