The Dialog Axiata said it had partnered with Sampath Bank to launch a US dollar pre-paid fuel card to tourists which can top up to a maximum of 300 US dollars and use to pump fuel as the country grapples with a severe currency crisis.Sri Lanka is suffering the worst bout of monetary instability in […]

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

Sri Lanka also hit by import control

The card can be topped up in increments of 50 US dollars up to US$300

Tourism authorities had anticipated one million arrivals generating a revenue of 1.8 billion dollars.

A high probability that inflation will peak around 75-pct and start to fall

A look at global debt statistics would show that almost all countries, irrespective of their economic status, obtain loans. The USA, the second richest country on the basis of PPP index, has a debt burden of more than 100% of their GDP, which is much more than some of the developing countries such as Brunei […]

September tourist arrivals have plunged to lowest in 11 months.

[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.

The Sri Lanka Institute of Marketing (SLIM) says that nation branding will be the solution for the prevailing economic crisis.SLIM President Nuwan Gamage addressing a press conference in Colombo yesterday said that the country could face the challenges of the economic crisis by paving the way for a knowledge-driven economy. Gamage said that Sri Lanka, […]

By Dulya de Silva ECONOMYNEXT –Sri Lanka’s new and somewhat controversial State Minister of Tourism Diana Gamage is determined to forge ahead with her plans to revitalise Colombo’s largely barren nightlife, in a bid to entice tourists and encourage spending. Speaking to EconomyNext, Gamage said Sri Lanka, though rich in cultural attractions to keep foreigners […]

President's HSZ declaration was highly criticized by the country's civil society

"You know, we call Sri Lanka a paradise. But what paradise is shut at 10 o'clock in the night?”

Series of crises SL has faced have dealt a heavy blow Reviving presents SL with an opportunity to address its long-running challenges by Sanath Nanayakkare Young people are not only the present but also the future; developing plans and policies without them is a futile exercise, they need to be the front and centre of […]

Sri Lanka is in the process of boosting its tourism amid forex shortage

The country has lost several hundred thousand jobs to Covid-19. The impact of the agrochemical ban on agriculture, the mismanagement of the exchange rate, a highly accommodative monetary policy, and the use of foreign exchange reserves for debt repayment thwarted the country’s ability to recover from the initial shock of COVID-19, an ILO study titled, […]

The ‘atingi’ eAcademy is a digital learning platform, providing users with the opportunity to develop their knowledge in the tourism and hospitality sector. Introduced by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the e-learning platform caters to anyone interested in upskilling their knowledge on tourism and hospitality-related topics including line staff, management prof...

Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports

Cinnamon Life will transform Colombo as a leisure and entertainment destination for the region

By Krishantha Prasad Cooray In many ways, the economic collapse of Sri Lanka became a near certainty in the weeks after Gotabaya Rajapaksa was elected President. In hindsight, it is clear to all that his government’s number one priority was consolidating their power and punishing those it saw as its enemies. Their next priority was […]