Sri Lanka has made headlines once again, but this time, it’s not just about economic recovery…
The Benefits of Bringing Back the Online Visa System for Sri Lanka from a Tourism and Leisure Industry Viewpoint
The tourism industry plays a pivotal role in Sri Lanka’s economy, contributing significantly to the nation’s…
Challenges for the Sri Lankan Economy Under the New President
Sri Lanka’s economy is at a critical juncture, facing numerous challenges under its new president, but…
The Critical Path Forward for Sri Lanka’s Economic Recovery: Linking to the Right Presidential Outcome
Sri Lanka’s economic recovery has been a subject of intense national and international scrutiny following one…
Revitalizing Sri Lanka’s Tea Industry: A Crucial Step for Economic Growth
Sri Lanka’s tea industry, known worldwide for its distinctive Ceylon tea, holds a significant position in…
Sri Lanka’s Economic Recovery: A Financial Perspective
Sri Lanka has faced a significant economic crisis over the past few years, exacerbated by the…
Approval Granted for “Starlink” to Provide Satellite-Based Internet Services in Sri Lanka
State Minister of Technology, Kanaka Herath, announced that the Telecommunications Regulatory Commission of Sri Lanka (TRCSL)…
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.
Sri Lankan Sapphires shine in Louis Vuitton’s Spirit High Jewellery Collection 2024
Sri Lankan Sapphires are highlighted in Louis Vuitton Jewellery Collection Spirit, giving centre stage to the island’s captivating gems.
Sri Lanka’s Construction Industry to face challenges with VAT Rise
The recent surge in Value Added Tax (VAT) in Sri Lanka has cast a shadow over the construction industry, heralding a challenging period ahead. As the government implements this tax increase, the construction sector finds itself grappling with heightened financial pressures. This surge in VAT is expected to have a cascading effect, influencing various facets of the industry, from project costs to overall investment climate.