Saudi Arabia tightens anti-crime oversight on UAE bound bank transfers
Saudi Arabia has reportedly imposed tighter anti-money-laundering and financial-crime checks on bank transfers to the UAE, causing some payments toContinue Reading
Tag: Economy
Sri Lanka ex-minister arrested over theft of King’s sacred stone
Colombo, Aug 18, 2026 (AFP)A former Sri Lankan minister was arrested on Tuesday for allegedly aiding the theft of aContinue Reading
Sri Lanka Prison riot kills 26, wounds more than 100
(AFP)-Clashes in a Sri Lankan jail killed 26 people, including seven guards, and wounded more than 100 in the country’sContinue Reading
Sri Lanka jails ex-Minister in anti graft drive
(AFP)-Sri Lanka sentenced a former deputy minister to 16 years in prison for graft on Tuesday, as it intensifies aContinue Reading
Sri Lanka jolts markets with outsized 100-b.p rate hike to counter Gulf crisis
COLOMBO, May 26 (Reuters) – Sri Lanka’s central bank stunned markets by raising its benchmark policy rate by an outsizedContinue Reading
Middle East conflict hits Sri Lanka’s tea industry, heightens economic strain
COLOMBO, May 21 (Reuters) – Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for herContinue Reading
India scrambles to steady rupee as oil shock bites
(AFP)-India is scrambling to salvage a sinking rupee as surging oil prices linked to the Middle East conflict threaten toContinue Reading
Vietnam seeks deeper defence, trade ties with Sri Lanka
(AFP)-Vietnam’s top leader To Lam called for deeper defence and trade ties with Sri Lanka on Friday, noting the SouthContinue Reading
Sri Lanka probes missing $625,000 postal payment to USPS
COLOMBO, April 28 (Xinhua) — Sri Lankan authorities have initiated an investigation into a foreign currency payment made by theContinue Reading
Hackers steal $2.5 million from Sri Lanka’s Finance Ministry
COLOMBO, Sri Lanka (AFP)– Cybercriminals hacked into the Sri Lankan Finance Ministry’s computer system and siphoned off US$2.5 million, the governmentContinue Reading
MDW Live! News Network 