Google.org, the philanthropic arm of Google, is contributing $15 million to The Asia Foundation to launch…
Sri Lanka Tourism confident of monumental growth in 2024
Sri Lanka has set ambitious targets, aiming to attract 2.3 million tourists and generate over $4 billion from tourism in 2024. Looking ahead to 2030, the country is eyeing a substantial increase in arrivals to 5 million, with an impressive revenue projection of $21.6 billion. Central to this strategy is the goal of increasing average spending per visitor to $4,000, with a focus on attracting high-end tourists.
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ComBank and Visa launch Corporate Credit Cards in Sri Lanka
PRESS RELEASE The Combank has launched the Visa Signature and Visa Platinum Corporate Credit Cards in…
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Pekoe Trail featured in National Geographic’s “Top 20 Travel Experiences for 2024”
National Geographic’s annual guide, Best of the World 2024, showcases the most thrilling, meaningful, and unique…
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Visa Accelerator Program 2024 now open for Applications from Fintechs in Sri Lanka
The fourth edition of the program invites applications from growth-stage startups to solve payments and commerce…
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Mirissa Beach in Sri Lanka Secures a Spot in Lonely Planet’s Top 100 Beaches for 2024
In the prestigious list of Lonely Planet’s top 100 beaches for 2024, Mirissa Beach in Sri…
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Benefits of Using Temporary Mail
Benefits of Using Temporary Mail Situations Where Temporary Mail is Useful Limitations of Temporary Mail While…
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Sri Lankan Apparel Industry’s Recovery hits $415.6M
December marked the highest ever performance in a year though the industry ended 2023 with negative growth.
Exports in December amounted to $ 415.6 million as per provisional data from the Joint Apparel Association (JAAF). The December 2023 figure is the highest since December 2022’s tally of $ 451 million.
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AI will affect up to 40% of jobs worldwide-IMF Chief says
AI will affect 40% of jobs worldwide, replacing some and complementing others. We need a careful balance…
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Central Bank of Sri Lanka Unveils A Vision of Economic Resilience for 2024
Central Bank of Sri Lanka, in a groundbreaking announcement, revealed its strategic vision for 2024, focusing on the adoption of a singular policy rate mechanism. The move aims to bolster economic recovery while concurrently sustaining a low-interest environment and advancing key initiatives like the International Monetary Fund (IMF) program, external debt restructuring, and comprehensive reforms.
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