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Business & Financial News Business & Financial

Sri Lanka’s Economic Recovery: A Financial Perspective

By editorSeptember 11, 20243min read139 views

Sri Lanka has faced a significant economic crisis over the past few years, exacerbated by the ...

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Tech Updates

Approval Granted for “Starlink” to Provide Satellite-Based Internet Services in Sri Lanka

By adminJune 7, 20243min read337 views

The President has instructed the introduction of relief packages for the education and fishing sectors. State Minister ...

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Business & Financial

Sri Lanka Tourism confident of monumental growth in 2024

By adminFebruary 9, 20243min read463 views

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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Business & Financial News

Sri Lankan Sapphires shine in Louis Vuitton’s Spirit High Jewellery Collection 2024

By adminJanuary 6, 2024March 14, 20243min read764 views

Sri Lankan Sapphires have always shone in the ever-evolving world of high end jewellery. The island ...

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Business & Financial News

Sri Lanka’s Construction Industry to face challenges with VAT Rise

By adminDecember 29, 2023March 14, 20243min read641 views

Sri Lanka's construction industry, grappling with ongoing challenges, faces an imminent threat of collapse following the ...

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Business & Financial News

SME sector seek temporary halting of parate executions

By adminDecember 22, 2023November 28, 20243min read640 views

SME sector seek temporary halting of parate executions

As the business community awaits a response, there is anticipation for proactive measures to be taken. A collaborative approach between policymakers, financial institutions, and SME representatives could pave the way for a strategic resolution. The government’s role in facilitating economic recovery becomes crucial, and a thoughtful response may involve a reassessment of existing laws and financial restructuring to align with the current economic challenges.

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