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Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.The post Sri Lanka’s Central Bank to hold rates as inflation stays high appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
The transportation and logistics arm of the Hayleys Group, Advantis, announced a groundbreaking partnership with India’s top cruise line, Cordelia Cruises to usher in a new wave of inbound luxury tourists to Sri Lanka. Leveraging their newly forged partnership, Advantis – Travel and Aviation will serve as the General Sales Agent, while Advantis Group subsidiary, […]
Sri Lankans living overseas can apply for a new passport or renew their passport online from 01 June, the Parliament Sectoral Oversight Committee on International Relations was told. Officials of the Immigration and Emigration Department said this during the sectoral oversight committee on international relations held under the chairmanship MP Namal Rajapaksa. Officials pointed out […]
Cordelia Cruises is all set for its first international voyage to Sri Lanka in early June, and the new route is likely to boost the Indian cruise traffic by 25-30 per cent, according to a top official. The cruise liner, currently operating for domestic destinations, has witnessed a revival in the post-COVID era. The occupancy […]
Vietnam wants to develop its bilateral relations with Sri Lanka more effectively, Vietnam’s Deputy Prime Minister Tran Luu Quang said. Tran Luu Quang met with President Ranil Wickremesinghe in Tokyo. Talking to the Sri Lankan leader, Deputy PM Tran Luu Quang, who is paying a working visit to Japan, affirmed that Vietnam consistently attaches importance […]
By Harischandra Gunaratna Chairman of the Institute of Hospitality, Dr. Harsha Jayasinghe on Tuesday said the brain drain in the country had not only led to a serious loss of talent but also hampered the industry’s ability to provide high-quality services and meet the demands of national and international visitors. Speaking at the 31st AGM […]
Israel’s President Isaac Herzog wants Sri Lanka to improve its record in voting for Israel in international forums. The newly appointed Ambassador Extraordinary and Plenipotentiary of Sri Lanka to the State of Israel Nimal Bandara presented his Credentials to President Isaac Herzog. The ceremonial event was held at the President’s Residence in Jerusalem, the Capital […]
The economic crisis has placed Sri Lanka among the 20 poorest countries in Asia. A report published on Insider Monkey noted that while Sri Lanka is classified as a developing country, it is currently facing an economic crisis characterized by the devaluation of its currency, increasing inflation, and a humanitarian emergency caused by a severe […]
Sri Lanka is mulling measures to lure back Chinese tourists in a bid to alleviate an unprecedented debt crisis, its tourism minister said, as the South Asian nation tries to stabilize the economy.The post Sri Lanka eyes Chinese tourism to help ease debt crisis appeared first on ONLANKA News | Sri Lanka Latest Breaking News and Top Stories - Sri Lanka News.
Tourism is bouncing back after the Easter attack, Covid-19 pandemic and the aftermath of the economic stake holders are optimistic and working hard towards a better future.The General Manager of Shangri-la Hambantota Refhan Razeen welcomed 2023 with a positive note with much expectations this year. having overcome the challenges of the past years. We Sri […]
The Picturesque region of Kashmir is gearing up to host the prestigious G20 Summit for the first time in its history. The event, which will take place from May 22 to 24 at the SKICC on the banks of the famous Dal Lake in Srinagar, is expected to have a positive impact on the tourism […]
Despite resistance from Pakistan and China, New Delhi’s decision to host a meeting of Group of 20 or G20 countries in Srinagar, is set to be a game-changer not only for the economy of the valley, but a diplomatic victory for India. For people of Kashmir, who have seen violence for the last more than […]
India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions in order to strengthen their partnership through trade and investment-led measures. Recently, the High Commission of India organized a discussion in Colombo, on the use of the Indian Rupee for transactions between the two countries. Representatives from the Bank […]
The U.S. Agency for International Development’s (USAID) Climate Adaptation Project and CBL Group have signed an agreement to help thousands of smallholder farmers across three districts in Sri Lanka practice climate-smart agriculture. Under a memorandum of understanding signed May 15, the project and the Colombo-based company will disseminate customized crop advisories and other agricultural input...
Addressing an event organized at the Colombo Foundation on the occasion of the International Nurses Day, Sagala Ratnayake, the President’s Senior Adviser on National Security and Chief of the Presidential Staff, stated that a program to generate income for Sri Lanka through ‘Health Tourism’ is expected to be prepared. He emphasized that in a country […]
A program to generate income for Sri Lanka through 'Health Tourism' is expected to be prepared, President’s Senior Adviser Sagala Ratnayaka said.The post Sri Lanka Government focuses on promoting ‘Health Tourism’ appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
Sri Lanka's creditor nations held their first meeting Tuesday to discuss restructuring the country's debt. But the largest creditor, China, stood by as an observer, raising doubts over the success of the process.The post Sri Lanka’s creditors hold 1st meeting, with China as observer appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
Saturday 6th May, 2023 One of the main reasons for Sri Lanka’s current economic crisis is that successive governments have invested borrowed money in white elephant projects and enabled their leaders to pocket kickbacks at the expense of the state coffers. The situation took a turn for the worse, on President Mahinda Rajapaksa’s watch, with […]
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
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