By MAHADIYA HAMZA ECONOMYNEXT – Sri Lanka’s tourism revival is facing a challenge in bringing in more high spending foreign visitors due to increasing protests locally while monetary tightening, impacts of Russian invasion into Ukraine, and rising inflation globally.The move is likely to slow the island nation’s recovery from the unprecedented economic crisis as it is […]

Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.

"We need to provide the right product and think out of the box in this segment. It's highly competitive."

Arrivals down 20 percent in August compared to July.

President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.

Under the Sri Lanka Tourism Promotion Bureau’s Visiting Journalists & Blogger Programs, a group of high-profile Indian media personnel was invited to Sri Lanka from July 3 to July 11, to re-discover Indo-Sri Lanka historical relationships. Eight media personnel representing several key

By Hiran H.Senewiratne The government is planning to restructure the national carrier, Sri Lankan Airlines, and privatization is one proposed option due to the current financial crisis, Sri Lankan Airlines Chief Executive Officer (CEO) Richard Nuttall said. “We are now looking at the privatization option as well because the government wants to restructure Sri Lankan […]

"Because we have a threat of risk to the banks as well."

Sri Lanka is desperate for foreign currency earnings through tourism

By Faraz Shauketaly For over thirty years – most everything in Sri Lanka was blamed on the ‘war’. If you were polite it was the ‘security situation’. People late for appointments always had an excuse, ‘the checkpoints’, the Army took so long to check my ID and the Police took even longer at the next ...