Sri Lanka’s Tourism Industry Soars in Early 2024
Sri Lanka’s tourism sector is experiencing a remarkable resurgence. In the first quarter of 2024, tourism revenue surpassed the significant milestone of USD.
Industry Analysis
Industry Analysis
Boosting Tourism Through Transportation: Sri Lanka Approves Vehicle Imports
Recognizing the importance of a robust tourism industry for Sri Lanka’s economic well-being, the Cabinet of Ministers has taken a significant step to.
- April 3, 2024
Industry Analysis
Thai Airways Returns to Sri Lanka with Daily Flights
Marking a significant development in Sri Lanka’s tourism industry, Thai Airways touched down at Katunayake Bandaranaike International Airport last night, resuming operations after.
- April 2, 2024
Industry Analysis
Colombo’s Floating Market Gets a Second Chance with Japanese Partnership
The Urban Development Authority (UDA) of Sri Lanka is breathing new life into the struggling Bastian Road floating market in Colombo through a.
- March 28, 2024
Industry Analysis
Turkish Airlines Takes Flight: Increased Services Boost Colombo Connectivity
Great news for travelers between Sri Lanka and Europe! Turkish Airlines has announced a substantial expansion of its flight services, adding a sixth.
- March 27, 2024
Industry Analysis
Soaring High: Sri Lanka’s Thriving Air Travel Industry
Sri Lanka’s air travel industry is experiencing a significant upswing, as evidenced by the impressive statistics for the first two months of 2024..
- March 27, 2024
Finance
Industry Analysis
Sri Lankan Construction Sector Receives Payment Relief and Hope for Reform
The Sri Lankan construction sector has been facing challenges due to the economic crisis and the COVID-19 pandemic. In a positive development, the.
- March 26, 2024
Industry Analysis
Sri Lanka Tourism on the Rise: March Sees Continued Growth
Sri Lanka’s tourism industry is experiencing a welcome surge, with March 1-24, 2024, attracting 163,051 arrivals. This marks the fifth consecutive month with.
- March 26, 2024
Industry Analysis
Manufacturing
Sri Lanka’s Ceylon Tea Exports See Positive Growth in February 2024
Sri Lanka’s tea industry witnessed a positive development in February 2024, with exports reaching 22.31 million kilograms (M/Kgs). This represents a significant increase.
- March 21, 2024
Industry Analysis
Sri Lanka’s Tourism Industry in Hot Water: Minimum Room Rates and Outdated Vehicles Raise Concerns
The Sri Lankan tourism industry faces a wave of controversy as proposals to enforce minimum room rates (MRR) nationwide meet resistance from industry.
- March 19, 2024