Tourist arrivals top 156,000 in first 26 days of November
Sri Lanka’s tourist arrivals have shown strong growth, rising 18% year-on-year (YoY) in the first 26 days of November with 156,174 visitors registered.
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SLPA takes measured approach towards Adani’s Colombo port deal
The Sri Lanka Ports Authority (SLPA) has affirmed its commitment to maintaining stability regarding the Colombo West International Terminal project, led by the Adani Group, amidst ongoing allegations in the US against the conglomerate’s top executives.
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ADB Commits to Supporting Investment Growth in Sri Lanka
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka, citing increased foreign investor interest fuelled by the Government’s systematic financial reforms, according to the President’s Media Division.
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ADB backs Sri Lanka’s growing investment potential in key sectors
The Asian Development Bank (ADB) has pledged its support for investment opportunities in Sri Lanka,
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Coconut imports imperative for export revenue surge
Local authorities are still awaiting approval to lift the ban on the import of coconut kernels,
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Foreign investments encouraged in the mineral sector despite controversies
Sri Lanka is promulgating new laws and initiatives in the hope of securing up to 10 foreign investments in mining with a view to increasing transparency and deriving greater value from the country’s mineral resources.
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Central Bank further eases monetary policy stance
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 26 November 2024,
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Sri Lanka budget deficit down 40-pct to September, taxes up 39-pct
Sri Lanka’s tax revenue was up 39 percent to 2,918.3 billion rupees in the nine months to September 2024 from a year ago, while the budget deficit was down 40 percent, official data show.
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Sri Lanka’s Economic Centres fail to Benefit Farmers and Consumers
Sri Lanka’s dedicated economic centres are currently controlled by few entrepreneurs by providing opportunity for
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Tourist arrivals surge in first 20 days of November
Sri Lanka’s tourism industry continues to thrive, with 120,961 tourist arrivals recorded in the first 20 days of November,
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