Sri Lanka cenbak gov says to review possible illegal money channels as remittance drops

S.Korean game producers chase NFTs in real-money boost for players and firms

COLOMBO, Dec 4 (Reuters) – Sri Lanka’s top central bank official on Saturday said remittances have declined over the past six months, prompting authorities to examine if the sudden drop in foreign cash inflow was linked to the use of any illegal channels for transactions.Ajith Nivard Cabraal, the governor of the bank, told reporters that … Read more

Sri Lanka and southern India heavy rains kill at least 34

Sri Lanka and southern India heavy rains kill at least 34

In Sri Lanka, 20 people have died in recent days, most from drowning, while five were hurt in landslides, officials said on Wednesday. “Given the prevalence of Covid-19, the government has encouraged over a thousand families to move in with relatives to reduce the strain on government-run centers,” said Sudantha Ranasinghe, head of Sri Lanka’s … Read more