Consumer Spending Rebounds with USD 42.65 Billion in 2024
Consumer expenditure in Sri Lanka has shown a robust recovery, reaching USD 42.65 billion in 2024. This notable increase over the past 18.
Business
Tourism
Breakdown in Parliament: Long-Awaited Meeting on Visa Crisis Finally Held
After weeks of frustration and delays, a crucial meeting addressing the visa issuance controversy finally took place on Tuesday, June 4th, at the.
- June 7, 2024
Economics
Tourism
Maldives Becomes Second Largest Tourist Source for Sri Lanka Despite Visa Controversy
The Maldives has overtaken the United Kingdom as the second-largest source of tourists for Sri Lanka in May, despite an ongoing controversy surrounding.
- June 3, 2024
Business
Tourism
Sri Lanka Welcomes Foreign Investors with Streamlined Investor Visa Program!
Great news for property investors! Sri Lanka has relaunched its “Investor Visa” program, specifically designed to attract foreign investment in the condominium market..
- May 31, 2024
Economics
Tourism
Sri Lanka’s New Visa Deal Sparks Retaliation Threat from Maldives
Sri Lanka’s recent decision to outsource visa processing and introduce “processing” and “convenience” fees has ruffled feathers in the Maldives, a close neighbor..
- May 29, 2024