Colombo, Sri Lanka, Feb. 12 -- Ministry of Defence and Urban Development issued the following news release:
The Sri Lanka Navy has generated USD 598,250 in foreign exchange revenue within just four (04) months by independently facilitating Onboard Security Team (OBST) operations. This total revenue has been credited to the Government Consolidated Fund for the benefit of the national economy and public welfare. A press briefing regarding these operations was held on 11 Feb 26, at the Department of Government Information, headed by the Navy's Director General Operations.
The shift to independent maritime security operations stems from a Cabinet decision approved on 07 Jul 25, following a proposal submitted on 18 Jun 25. This move was driven...