The discussions related to the third review of the International Monetary Fund (IMF) programme concluded today (22), the President’s Media Division (PMD) said.
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Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.
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The international ferry service connecting Nagapattinam in Tamil Nadu with Kankesanthurai in Sri Lanka has been suspended for over a month due to monsoon.
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Sri Lanka Ports Authority is projected to post a profit after tax revenue in the excess of Rs. 19 billion, Harbour Master, Sri Lanka Ports Authority Capt. Nirmal Silva said at the Voyage Sri Lanka 2024 press event.
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The government has set its sights on an ambitious annual export revenue target of US $ 36 billion to be achieved by 2029, according to the Export Development Board (EDB).
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The country’s manufacturing and services sectors in October showed strong upturn, judging by the Purchasing Managers Index (PMI).The manufacturing PMI recorded an index value of 58.1 in October 2024, indicating an expansion in manufacturing activities.
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Sri Lanka’s tea exports in October have increased by 14% year-on-year (YoY) whilst value-wise, the growth was subdued.
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Chairman Buddhika Hewawasam says creative assets to be finalised next month with full-scale rollout set for January and peak promotional activities scheduled for May Stresses creating a consistent year-round destination image replacing campaign taglines to boost global appeal and maximise returns Opines previous campaign although conceptualised, lacked strategic breadth required for global tourism push Expresses confidence in attracting more tourists, …
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Sri Lanka’s tourism sector has reached a significant milestone, surpassing 1.7 million arrivals so far for 2024 with over 100,000 visitors welcomed during the first 17 days of November, signalling a strong momentum as the year-end holiday season approaches.
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Aitken Spence PLC, a leading conglomerate with a diverse regional presence, has reported an EBITDA (excluding impacts from foreign currency exchange gains and losses) of Rs. 8.9 billion for the six months ending 30 September 2024, reflecting a growth of 10.4%.
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