Sri Lanka’s tourism sector saw a significant boost in foreign exchange revenue, reaching $181 million in September 2024, an 18.9% increase from $152.2 million during the same month last year, according to the Central Bank, citing data from tourism promotion authorities. For the first nine months of 2024, tourism revenue surged by 61.2%, totaling $2.35
The Supreme Court (SC) recently addressed a petition alleging that the State incurred a loss of Rs. 85 billion due to the previous government’s decision to grant a casino operating license for the Lotus Tower, Colombo, under President Ranil Wickremesinghe’s administration. During the hearing, President’s Counsel Navin Marapana, representing the petitioner Ven. Malgalle Sujatha Thero,
The government is set to implement the Rs. 1,700 daily wage for plantation workers by issuing a fresh gazette within the first two weeks of August, pending necessary approvals from the respective wages boards. On July 10, the initial gazette notification mandating plantation companies to pay the Rs. 1,700 daily wage, a 70% increase from