Sri Lanka’s tourism sector has reached a significant milestone, surpassing 1.7 million arrivals so far in 2024. Over 100,000 visitors were welcomed during the first 17 days of November, showing strong momentum as the year-end holiday season approaches. From November 1-17, Sri Lanka saw 103,315 tourist arrivals, pushing the year-to-date (YTD) total to over 1.72
President Anura Kumara Dissanayake announced that Japan has reiterated its commitment to resume 11 halted development projects in Sri Lanka, with support for the new government’s initiatives. Although these assurances were first made in July, Japan continues to pledge full backing for these projects. In July, a Japanese delegation discussed with then-president Ranil Wickremesinghe the
The Ceylon Chamber of Commerce has unveiled its groundbreaking policy document, ‘Vision 2030,’ which outlines a strategic plan for Sri Lanka’s sustainable and inclusive development by 2030. The document was first presented to President Ranil Wickremesinghe and will also be shared with political leaders, the Central Bank Governor, and the Treasury Secretary to encourage a
Prime Group is set to invest over Rs. 20 billion in 2024 for two significant real estate projects in Dubai and Kiribathgoda. Co-Chairperson Sandamini Perera announced that the company is embarking on its first venture in the UAE, constructing a 45-key apartment complex in Dubai with an investment of approximately AED 50 million. Construction is