By Saman Indrajith Around 75,000 Sri Lankans have left for overseas jobs during the first three months of 2024, the Sri Lanka Bureau of Foreign Employment (SLBFE) says.SLBFE said yesterday (04) that 74,499 Sri Lankan workers had left for foreign employment, and 46 percent of them were women. There has been a slight drop in […]

Money, exchange rates, and money printing are crucial components of a nation’s monetary policy framework, wielding significant influence over economic and financial stability. This intricate relationship between these fundamental factors directly affects financial and economic dynamics. I am going to examine the nexus between these factors, clarifying their roles in the financial system and ...

By Shamindra Ferdinando Against the backdrop of Speaker Mahinda Yapa Abeywardena’s quite belated (but better late than never) public confirmation of external interventions in Aragalaya, that led to the overthrow of President Gotabaya Rajapaksa’s government in mid-July 2022, former cashiered Flying Officer Keerthi Ratnayake, with a never-say-die attitude even when odds are overwhelmingly stacked ag...

The government has decided to import a total of 1,000 buses and vans to improve the transportation facilities provided to tourists.

The Cabinet of Ministers approved the proposal furnished by the Minister of Tourism and Lands to import 750 vans with a seating capacity of 6 – 15 (electric and hybrid) and 250 buses with seating capacity from 6 – 30 which are small buses and larger buses with seating capacity of 30 – 45 for […]

By Ifham Nizam More women reported that they were not aware of job opportunities in the tourism sector, a study conducted by Australia’s Market Development Facility (MDF) in collaboration with the Sri Lanka Tourism Alliance (SLTA) reveals. According to the study, 44% of the 453 respondents said a male member of the family, father or […]

The pilot project of granting visa-free entry to Sri Lanka for visitors from seven countries will be extended until April 30, 2024, Minister of Tourism Harin Fernando said.

Speaking at the 125th anniversary celebration of the Sinhalese Sports Club (SSC) at the Shangri-La Hotel Colombo on Thursday (28), President Ranil Wickremesinghe expressed his aspirations for Sri Lanka to reclaim its position as the champion of cricket, highlighting the government’s commitment to providing all necessary support to achieve this goal. The President also emphasized […]

There has been a delay in finalising the unit cost for the proposed 500 Mw wind power project initiated by India’s Adani Group. This is surprising and disturbing as there was a news item that the Cabinet had approved the payment of US dollar cents 14.6 per unit, nearly Rs. 50 in our local currency, […]

The Central Bank of Sri Lanka (CBSL) says the country s trade services, mainly earnings from tourism have recovered significantly during the first two months of 2024, while the positive momentum of workers remittances also continued.

By Ifham Nizam The recently-reopened Udawalawe Information Centre, now known as the Elephant Knowledge Walk at the Elephant Transit Home (ETH) in UdaWalawe, stands as a treasure trove for enthusiasts keen on studying paleontology and all things related to elephants. Since 1995, the Elephant Transit Home in UdaWalawe has been dedicated to rehabilitating and releasing […]

President Ranil Wickremesinghe participating in a friendly discussion organized by the ‘United Youth Union’ on the theme ‘Future of our Youth’ in Polonnaruwa on Saturday (23), stressed the necessity of a new economic reform program for the country’s economic recovery. He requested for collective support from all citizens to prevent the next generation from inheriting […]

By Rathindra Kuruwita The Sri Lankan government was going to great lengths to suppress those who criticise unsolicited and disastrous Indian projects and interventions in Sri Lanka, Education Secretary of the Frontline Socialist Party (FSP), Pubudu Jayagoda said on Friday, addressing a press conference in Colombo. Jayagoda said that on 20 March members of the […]

Alhambra Hotels commemorates five decades of unwavering dedication to hospitality excellence today. What began as a visionary endeavor by founding Chairman Mr. Jabir A. Cader, a prominent businessman, has evolved into a cornerstone of Colombo’s hospitality landscape. Originally envisioned as a modern cinema, the venture transformed with the changing tides, capitalizing on the burgeoning tour...

Tourism and Sports Minister Harin Fernando hailed the Australian media over the manner in which they ensure online safety. The Minister said that if the murder of a Sri Lankan family in Canada or the alleged incident involving a woman and cricketer Danushka Gunatillake in Australia happened in Sri Lanka it would have been handled […]

It is recognized that the current revival of Sri Lanka’s tourism industry will play an important role in the country’s economic recovery and growth. Therefore, many measures have been proposed in the 2024 budget, including the implementation of a long-term program to promote the tourism sector and attract at least five million tourists annually. Due […]