Sri Lanka’s Tourism Income Surges to US$ 328 Million in July, Matching IMF Tranche
Sri Lanka’s tourism sector generated an impressive income of US$ 328.3 million in July 2024, a figure almost matching the country’s half-yearly tranche.
Tourism
Economics
Sri Lanka’s Goods and Services Exports Surge in July 2024: A 6.58% Increase in Merchandise and 16.44% in Services
Sri Lanka’s export sector witnessed a notable boost in July 2024, with merchandise exports rising by 6.58% year-on-year to reach 1,087.6 million US.
- August 26, 2024
Investing
Sri Lanka Secures US$ 71.53 Million in Tourism Investments for 2024
Sri Lanka’s tourism sector has attracted US$ 71.53 million in investment proposals up to August 16th this year, according to the latest data.
- August 21, 2024
Entrepreneurship
COYLE Launches Young Lankan’s Program to Empower Future Entrepreneurs
The Chamber of Young Lankan Entrepreneurs (COYLE) has unveiled its latest initiative, the Young Lankan’s program, aimed at nurturing the next generation of.
- August 21, 2024
Business
WEConnect International Hosts Key Events to Empower Sri Lankan Women Entrepreneurs
On August 4 and 5, 2024, WEConnect International, supported by the US Embassy, hosted two pivotal events in Colombo aimed at empowering women.
- August 12, 2024
Economics
Tokyo Cement Group Begins FY24/25 with Mixed Results but Positive Outlook
Quarterly Financial Review Tokyo Cement Group reported a turnover of Rs. 11,665 million for the first quarter ended 30 June 2024, marking a.
- August 9, 2024
Economics
Sri Lanka’s Government Revenue Soars by 41% in First Half of 2024
Sri Lanka has seen a substantial increase in government revenue, with a 41% rise year-on-year (y-o-y) in the first six months of 2024,.
- August 8, 2024
Entrepreneurship
BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain
The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to.
- August 8, 2024
Real Estate
Prime Group to Invest Rs. 20 Billion in Dubai and Sri Lanka Real Estate
Prime Group is set to invest over Rs. 20 billion in 2024 for two significant real estate projects in Dubai and Kiribathgoda. Co-Chairperson.
- August 7, 2024
Economics
IMF’s Primary Deficit Focus Deepens Sri Lanka’s Debt Crisis: Analyst
The International Monetary Fund’s (IMF) stringent focus on an arbitrarily set primary balance target in Sri Lanka’s budget is exacerbating the country’s debt.
- August 5, 2024