At a discussion at the World Economic Forum (WEF) stakeholder dialogue titled ‘Pulling back from the brink,’ held in Kurpark Village, Aspen, President Ranil Wickremesinghe outlined short-term strategies aimed at revitalizing Sri Lanka’s economy. Emphasizing tourism promotion, agricultural modernization and a focus on renewable energy, the President expressed the country’s eagerness to attract new ...

Over 100,000 tourists have arrived in Sri Lanka in the first 15 days of 2024, according to the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA). The SLTDA weekly report on tourist arrivals, released on Tuesday (16), shows that 101,362 international visitors have arrived in the above period, and this is a […]

Distilleries acquire Heineken’s SL business for over Rs. 4 bn. Distilleries Company of Sri Lanka PLC (DCSL) has concluded a major acquisition of the Sri Lanka operation of Heineken, a major player in the global beer industry at a consideration of Euro 12 million, (over Rs. 4.2 billion), DCSL announced last week in a stock […]

Nepal has said the agreements signed with India mark another step towards fostering stronger ties. “Great to witness the exchange of agreements alongside H.E. Dr. S. Jaishankar @DrS Jaishankar , Minister for External Affairs of India . These agreements mark another step towards fostering stronger Nepal – India ties,” Nepal ese Foreign Minister Narayan Prakash […]

The Cabinet of Ministers has approved a proposal to establish an Embassy in Astana, Kazakhstan and to reopen diplomatic missions in Cyprus, Iraq, and Frankfurt in Germany, the Government Information Department said on Tuesday. The Infomation Department said in a media statement that the government had found it desirable to establish a Sri Lankan Embassy […]

By Sanath Nanayakkare When a country is in an economic crisis, it creates an environment conducive to implementing economic reforms which would be difficult to do in good times, however, it still depends on how far the reformist leaders can shape the opinion of the people and the people’s willingness to take those reforms on […]

Sri Lanka received 1,487,303 tourists in 2023, the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA) show. This is an increase of over 100 percent in comparison to the previous year, which recorded 719,978 arrivals, the data shows. The last month alone the country saw 210,352 tourist arrivals up from 151,496 recorded in November 2023. India, Russia, United Kingdom, ...

The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framework document is expected to be formally launched in March 2024. Most economic forecasts place Sri Lanka on an average growth trajectory of 3% per […...

Sri Lanka received over 1.4 million tourists by the end of the third week of December, the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA) show. The SLTDA weekly report on tourist arrivals released on Saturday (23) shows that 1,404,998 tourists had arrived in the country by December 21, 2023. Between December 01 and 21 […]

By Sujeeva Nivunhella reporting from London In a pivotal meeting last week, Sri Lanka’s High Commissioner in London, Rohitha Bogollagama, appealed for critical assistance from the UK’s Office of Lord Davies to bolster the aviation industry, enhance trade ties, and advance renewable energy initiatives between the two nations. The meeting, which took place between High Commissioner Bogollagama [R...

A 16-member delegation from Sri Lanka’s parliament led by Speaker Mahinda Yapa Abeywardene and including his spouse and son who is his public relations officer last week completed a five day visit to India from Dec. 16 -20. The delegation comprised one minister (Mr. Keheliya Rambukwella) nine government and opposition MPs and four member of […]

President Ranil Wickremesinghe met MPs representing the Tamil community from the North and East, on Thursday (21), at the Presidential Secretariat.The discussions focused on land rights in the Northern and Eastern Provinces, the implementation of laws related to resettlement and reconciliation, and the challenges faced by Sri Lankans in refugee camps in India. Additionally, numerous […]

Strengthening the connectivity between Sri Lanka and the UAE, Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier launched its first direct flight from Abu Dhabi to Colombo on Dec 08, 2023 from the Abu Dhabi International Airport. Air Arabia will now operate direct flights between Abu Dhabi and Colombo every […]

Sri Lanka earned 205.3 million US dollars from tourism during the month of November 2023, which is over twice the amount in the corresponding month in 2022, the latest data by the Central Bank of Sri Lanka (CBSL) have revealed. The revenue from tourism in November 2022 was 81 million dollars, according to official data.The […]

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