#Sri Lanka
Cassandra’s curse
By Rohan Samarajiva It is said that Sri Lanka is afflicted by Kuveni’s curse. But there may be another curse at work at...
$2.5 million Treasury payment probe uncovers suspected third-party diversion
By The Pulseline News Desk A suspected financial irregularity involving a $2.5 million loan repayment has triggered a multi-agency investigation in the country,...
VAT hike to 20.5%: A ‘small’ policy shift with big consequences for Sri Lankans?
By The Pulseline News Desk A proposed increase in Value Added Tax (VAT) from 18% to 20.5% on financial services is far more...
Future-proofing Sri Lanka’s banking sector: building resilience against shocks
By Dinesh Weerakkody I was numbed when I learned of a fraud at a listed commercial bank, reportedly amounting to around Rs. 13.2...
Sri Lanka edges up in 2026 Press Freedom Index, but structural concerns persist
By The Pulseline News Desk Sri Lanka has recorded a modest improvement in global press freedom rankings, climbing five places to 134th out...
Missing millions: COPF probe reveals 10 debt payments that had gone astray
By The Pulseline News Desk Sri Lanka’s fragile fiscal recovery has come under renewed scrutiny following revelations that millions of dollars in government...
CID reveals probe details into missing $ 2.5 million in the Treasury’s cyber scam
An investigation into the alleged misdirection of $ 2.5 million in state funds has raised serious concerns about cybersecurity and financial oversight within...
COPF to summon Finance Ministry Secretary over $2.5 million Treasury cyber fraud claim
The parliamentary oversight mechanism is set to come under renewed focus after the Committee on Public Finance (COPF) has announced moves to summon...
