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Economy Archives - NewsNow - English

Economy

Foreign Nationals, Including Israelis, Accused of Illegal Tourism-linked Drug Trade in Eastern Sri Lanka

Some Israeli tourists in Sri Lanka have been linked to narcotics peddling and unlicensed business operations in the country’s Eastern Province, according to a...

Sri Lanka Records $191 Mn Current Account Surplus in May; Fiscal Deficit Revised Down to 6.5%

Sri Lanka posted a current account surplus of USD 191 million in May 2025, raising the total surplus for the first five months of...

World Bank-Backed $150mn Package Opens Door for Foreign Investment in Sri Lanka’s Renewable Energy Sector

Colombo, June 24 — Sri Lanka is calling on foreign investors to take advantage of a new $150 million renewable energy initiative backed by...

Sri Lanka Tables Gambling Regulatory Authority Bill Ahead of First International Casino Launch in August

Sri Lanka has tabled landmark legislation to establish a Gambling Regulatory Authority, setting the stage for comprehensive oversight of both physical and online gambling,...

Sri Lanka Unveils 3,000-Acre Land Release for local and international investors

In a landmark initiative to rejuvenate Sri Lanka’s tourism industry, the Sri Lanka Tourism Development Authority (SLTDA) has announced the release of over 3,000...

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