Prøve GULL - Gratis

When shadow of economic crime falls on the State

Daily FT

|

November 06, 2025

THERE is a silence that follows tragedy—a phone call in the night, a trembling voice, a parent who will never be whole again. A needle, a pill, a decision made in darkness. In that moment, the world seems unbearably indifferent. Yet indifference is never neutral—it is the shadow in which evil thrives.

- By Asanga Abeyagoonasekera

Trump's war against the unseen empires of crime begins from that silence. He does not fight abstractions; he strikes at the machinery that devours human lives. Beneath the fragile order of nations lies a darker economy—one that trades not only in drugs and weapons but in despair.

I have spent years among those who study this hidden order—at the Economic Crime Symposium at Cambridge University—where minds from Interpol, law enforcement, and academia gather to trace the anatomy of global corruption. For 42 years, this symposium has built a vast body of knowledge, layer upon layer, each generation adding its colour to the same unfinished canvas. Those before me witnessed what I now confront in altered form; those who follow will craft better defences against it. Its founder, Professor Barry Rider, foresaw the many shades through which economic crime would evolve—how it would infiltrate nations, institutions, and lives. And through these decades, one truth has become inescapable: economic crime and geopolitics are not separate realms but two faces of a single system. Rogue regimes stretch their reach across borders, funding corruption, capturing elites, and manufacturing chaos as strategy.

In Washington, at the height of this disorder, the Economic Crime and Geopolitics Index (ECGI) was born—a compass for a disoriented world. Since then, nations such as the Philippines, Thailand, Sri Lanka, and Myanmar have begun to look within. In Manila, $ 20 billion has vanished into ghost projects. In Myanmar, digital scam centres and in Thailand, the Chinese gambling networks and spread like a second state, undermining the first.

FLERE HISTORIER FRA Daily FT

Daily FT

Daily FT

Markspen introduces grain cooling system to Sri Lanka

Innovative German agritech device to reduce post- harvest losses and provide greater economic benefits to local rice and grain farmers

time to read

2 mins

November 06, 2025

Daily FT

Daily FT

JKH posts strong Q2; points to better 2H

TOP blue chip John Keells Holdings PLC (JKH) has reported a strong second quarter and signalled a far better second half, defying critics and pessimists.

time to read

4 mins

November 06, 2025

Daily FT

Mixed bag in Oct. for national sales average of tea

NATIONAL Sales Average (NSA) of tea for October has declined Month-on-Month (MoM) though reflecting an increase Year-on-Year (YoY), according to Forbes and Walker Ltd.

time to read

1 min

November 06, 2025

Daily FT

Daily FT

54th Ritzbury Sir John Tarbat Junior Athletic Championship concludes

THE 54th Ritzbury Sir John Tarbat Junior Athletic Championship 2025 came to an exciting close on 3 November at the Mahaweli Ground Embilipitiya, after three days of spirited competition featuring over 5,500 Junior athletes from schools around the island.

time to read

1 mins

November 06, 2025

Daily FT

Top expert flags overlapping mandates, legal confusion in Sri Lanka's PPP framework

Says SL will end up in a 'fruit salad situation' as potential clash looms between Public Finance Management Act, upcoming PPP Act and NPC powers with four entities—Finance Ministry, PIC, NAPPP, NPC claiming overlapping oversight

time to read

3 mins

November 06, 2025

Daily FT

Daily FT

NDB delivers exceptional 65% growth in post-tax profit during nine months

NATIONAL Development Bank PLC (NDB) said it has delivered impressive profitability growth backed by sound core banking operational growth in the first nine months of 2025.

time to read

4 mins

November 06, 2025

Daily FT

Daily FT

Sri Lankan delegation strengthens trade and sector partnerships on Canada mission

A delegation of Sri Lankan businesses, is in Canada from 3 to 8 November 2025, exploring opportunities in investment and partnerships in education, agriculture, information technology and tourism.

time to read

1 min

November 06, 2025

Daily FT

Govt. allocates Rs. 1 b for new framework to fund commercialisation of research and innovation

Presidential Secretariat establishes new R&D Commercialisation Unit to evaluate and convert researchbased projects into viable commercial ventures Cabinet Spokesman Minister Dr. Nalinda Jayastissa says Rs. 2.2 b in applications received from local researchers and entrepreneurs seeking support under new initiative Notes structured evaluation system introduced, assessing projects for technical, administrative, economic, social and environmental impact

time to read

1 mins

November 06, 2025

Daily FT

$ 30 m IFC loan to support sustainable energy project

THE Cabinet of Ministers has approved entering into a loan agreement to secure a $ 30 million loan from the International Finance Corporation (IFC) of the World Bank Group to finance the country’s Secure, Bearable and Sustainable Energy Project.

time to read

1 min

November 06, 2025

Daily FT

CPC profit dips 17.9% in 1H 2025 as turnover falls on lower global oil prices

Reduces Iran debt with tea for oil barter

time to read

1 min

November 06, 2025

Listen

Translate

Share

-
+

Change font size