Fishermen Call for Lower Gear Prices and Fuel Subsidy from Government
The Central Fish Market Association (CFM) has called on the newly elected government led by President Anura Kumara Dissanayake to address the rising.
Economics
Tourism
Sri Lanka’s Tourism Earnings Surpass $2 Billion in First Eight Months of 2024
Sri Lanka’s tourism sector has generated over $2 billion in revenue during the first eight months of 2024, despite a shortfall in tourist.
- September 10, 2024
Economics
Maldives Banking System Faces Excess Liquidity Crisis with 6.7 Billion Rufiyaa Amid Forex Shortages
A recent report highlights that the Maldives banking system is grappling with 6.7 billion rufiyaa in excess liquidity, a legacy of money printing.
- September 2, 2024
Economics
Oversupply Pressures Ceylon Grain Elevators’ Profits in Q2
Ceylon Grain Elevators PLC (CGE), Sri Lanka’s leading poultry producer, reported a decline in both revenue and profit for the second quarter of.
- August 9, 2024
Tourism
Sri Lanka Welcomes 1.2 Million Tourists in 2024
Sri Lanka has achieved a significant milestone in its tourism sector, reaching a target of 1.2 million tourists by August 2024. According to.
- August 8, 2024
Tourism
Sri Lanka’s Tourism Minister Highlights Visa-Free Entry as Key to Boosting Arrivals
Tourism Minister Harin Fernando has identified visa-free entry as a major challenge in meeting Sri Lanka’s tourism goals. He noted that neighboring countries.
- July 23, 2024
Economics
Sri Lanka Imposes New Trade Controls on Metal Scrap Exports
Sri Lanka is set to enforce new trade regulations that will make exporting metal scrap illegal without a proper licensing system, according to.
- June 28, 2024