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FDI records 90% increase in first quarter of 2025 – PMD

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The Board of Investment (BOI) of Sri Lanka has successfully increased Foreign Direct Investment (FDI) by US$96 million in the first quarter of 2025, compared with the same period in 2024, the President’s Media Division said yesterday.

This was disclosed during a progress review meeting of the Board of Investment of Sri Lanka, chaired by President Anura Kumara Dissanayake at the Presidential Secretariat yesterday.

BOI officials noted that, relative to the first quarter of 2024, domestic investment rose by US$21 million, while export income increased by US$176 million during the first quarter of 2025. In total, Sri Lanka has attracted US$4,669 million in foreign investment thus far in 2025.

The meeting also focused on the issues and challenges associated with attracting investment to the country and discussed potential strategies to address them.

Addressing the gathering, President Dissanayake stated that the Board of Investment holds a pivotal role in enhancing the national economy and improving the living standards of the rural population.

He stressed that opportunities to attract investment in traditional sectors are becoming increasingly limited and therefore the nation must identify new areas for investment, an endeavour that falls under the BOI’s mandate.

The President further noted that Sri Lanka has attracted only around US$22 billion in investment since 1978. In comparison to other countries in the region, he stated, Sri Lanka must advance rapidly, referencing Vietnam’s achievement of securing US$23 billion in investment in 2022 alone.

He went on to state that the BOI should prioritise the expansion of investment in the services sector and proactively seek new investment opportunities, rather than focusing solely on recapturing missed ones.

The event was attended by senior officials of the Board of Investment, including Duminda Hulangamuwa, Senior Advisor to the President on Economic Affairs; Arjuna Herath, Chairman of the Board of Investment; and Renuka Weerakone, Acting Director General of the Board of Investment.



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Flood warning issued to the Aththanagalu Oya basin extended until 0600AM on Monday [25]

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The warning mentioned in the flood warning message No. 01 issued for the Aththanagalu Oya basin on 22.05.2026 at about 5.30 am will be extended for the next 48 hours.

It is requested that residents in the area and vehicle drivers running through those areas  pay high attention in this regard by the . Disaster Management Authorities are requested to take adequate precautions in this regard

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Torrential rains cause havoc countrywide

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Heavy and persistent rains lashed several parts of Sri Lanka yesterday, triggering flooding, transport disruptions, flight diversions and multiple disaster warnings as water levels rose in key river basins and low-lying urban areas.

The worst affected situation was reported along the Colombo–Avissawella main road, where floodwaters submerged sections of the highway, bringing vehicular movement to a standstill at several points, including the Puwakpitiya-Thummodara junction, the Seethawaka Botanical Garden area, and parts of Yatiyantota. Traffic was also severely disrupted along the Delgoda–Belumahara road at Udupila, and the Gampaha–Miriswatta road, due to inundation, while movement on the Divulapitiya–Mirigama route was restricted for light vehicles, following flooding at Ullalapitiya.

In the Kelani River Valley, rising water levels, following heavy rainfall in the catchment areas, prompted warnings of possible minor flooding within the next 48 hours. The Irrigation Department cautioned that areas, including Hanwella, Seethawaka, Dompe, Padukka, Homagama, Biyagama, Kaduwela, Kolonnawa, Kelaniya, Wattala and Colombo, could be affected. The flood alert, issued at 10:00 am yesterday, remains valid for 48 hours, until Sunday morning.

Meanwhile, the National Building Research Organisation (NBRO) issued landslide warnings covering six districts—Colombo, Gampaha, Kalutara, Kegalle, Nuwara Eliya and Ratnapura. Red alerts were issued for Dehiowita, in Kegalle and Ratnapura, while amber and yellow warnings were declared for several vulnerable divisions, including Seethawaka, Padukka, Attanagalla, Ingiriya, Bulathsinhala, Ruwanwella, Kuruwita, Ayagama, Pelmadulla, Yatiyantota, Ambagamuwa, Eheliyagoda, Nivithigala and Kalawana.

In the civil aviation sector, poor visibility and heavy rain around Katunayake forced the diversion of around six inbound flights, bound for Bandaranaike International Airport (BIA), to Mattala Rajapaksa International Airport, as a precautionary measure.

The Department of Meteorology reported that the highest rainfall recorded was 336.5 mm in Pambegama, Kegalle, between Thursday morning and Friday morning, underscoring the intensity of the ongoing weather system.

Authorities have urged the public, in affected districts, to remain vigilant, avoid flood-prone roads, and adhere to disaster warnings as adverse weather conditions are expected to persist.

by Norman Palihawadane and Chaminda Silva

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Dubai deports 21 Sri Lankan criminals

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Twenty-one alleged underworld operatives, deported from Dubai, were taken into custody by the CID, upon their arrival at the Mattala International Airport yesterday, Police said.

The suspects, including alleged organised crime figures, known as “Mahawatta Chamara” and “Kudu Duminda,” were arrested within the airport premises, shortly after disembarking from several inbound flights that had been diverted to Mattala, due to adverse weather conditions affecting operations at the Bandaranaike International Airport (BIA), in Katunayake.

Police said the group had been residing overseas for an extended period while allegedly continuing to direct organised criminal activities and narcotics trafficking operations in Sri Lanka.

According to law enforcement authorities, the deportees were among a group of wanted criminal suspects linked to underworld networks and ongoing investigations into organised crime activities.

Senior Police officials stated that “Mahawatta Chamara” is expected to be handed over to the Central Crime Investigation Bureau for further investigations, while inquiries into the activities and alleged criminal links of the remaining suspects are also continuing.

Police sources said the deportees arrived in the country during the early hours of yesterday after flights originating from Dubai were rerouted to the Mattala Airport.

Authorities have not yet disclosed the specific charges pending against the suspects, but investigators believe several of them maintained operational ties to criminal syndicates involved in drug trafficking and other organised crimes, despite being based overseas.

The CID has commenced extensive investigations to determine the extent of the suspects’ alleged involvement in underworld activities and their connections to ongoing criminal operations in the country.

by Norman Palihawadane

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