Sri Lanka records 1.9 million tourist arrivals in 2019

Despite 2019 being a tough year for the tourism industry, Sri Lanka has achieved the revised tourists’ arrival target for 2019 which stands at...

Top journalists from France and Belgium to visit and promote Sri Lanka

A group of 23 journalists, each representing 23 different press and media enterprises of France and Belgium, is due to arrive in Sri Lanka...

Stern action against discrimination of domestic tourists

The Sri Lanka Tourism Development Authority (SLDA) cautioned licensed establishments which adopt discriminatory practices against local tourists with ‘foreigners only’ policy with stern actions. “Several...

Sri Lanka to continue engagement with IMF

Sri Lanka will continue engagement with the International Monetary Fund (IMF), newly appointed Central Bank Governor, Professor W D Lakshman said today. Before taking office...

Tourism sector records faster than expected recovery after Easter attacks

The tourism sector, which suffered a setback following the Easter Sunday attacks, has since recorded a faster than expected recovery, the Central Bank of...

Banks directed to suspend recovery of SME loans

President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa who is also the Minister of Finance, Economy and Policy Development, have issued directives to Chairmen...

Trade in Asia-Pacific declines for the first time since 2009

Asia-Pacific economies may see positive trade growth in 2020 but are still facing downside risks from the adverse impacts of the United States –...

Senior Banking Professional new DG of SLTDA

Chandani Werapitiya, a Senior Banking Professional, Lecturer, Global Speaker and a Panelist in international forums with 32+ years’ experience has been appointed as the...

Colombo Dockyard to offer afloat repair services at Hambantota Port

Colombo Dockyard PLC (CDPLC) ceremonially opened an office at the Hambantota International Port Group (Private) Ltd (HIPG), at the HIPG “Maritime Centre” auspiciously on...

Mark Mobius bullish on Tourism, Real Estate and Tech in Sri Lanka

Cinnamon Life -Sri Lanka’s most-anticipated mixed development- hosted an exclusive breakfast forum on 10 December 2019 at the Cinnamon Grand in Colombo, where prominent...

Google Business Group in Sri Lanka to train “Influencers”

Google Business Group in Sri Lanka, also known as GBG Colombo, regularly conducts various events ranging from workshops to training to networking events in...

Hambantota Port reaches 1 million MT benchmark

The Hambantota International Port (HIP) had a busy week with 6 RORO ships calling at the port, discharging 18,288 vehicles of which 16, 830...

Asia-Pacific becomes largest destination and source of foreign direct investment

For the first time, the Asia-Pacific region has become the largest destination and source of foreign direct investment (FDI) globally, according to a new...

Central Bank cancels licence issued to Lankaputhra Development Bank

The Monetary Board of the Central Bank of Sri Lanka has granted approval in terms of section 76F read with section 9(9) of the...

Sri Lanka urges Singapore investors to make full use of opportunities

Sri Lanka has urged investors in Singapore to make full use of the opportunities present as Sri Lanka embarks on an era that promises...

Sri Lankan entrepreneurs honoured at SheThePeople Digital Women Awards

The SheThePeople.TV Digital Women Awards are India's top honour for emerging women entrepreneurs. This time in its fifth year, they invited two women entrepreneurs -...

Sri Lanka motivated towards becoming an AI savvy society

SLASSCOM recently hosted its annual AI Asia Summit, for the second consecutive year this year at the Shangri-La Hotel, Colombo. The theme of this...

Governor of the Central Bank steps down

Central Bank Governor Dr. Indrajit Coomaraswamy has tendered his resignation. Coomaraswamy had reportedly handed over his resignation citing personal reasons and will vacate his post...

Sri Lankan companies interested in Ethiopia

The Sri Lanka Embassy in Addis Ababa, Ethiopia in collaboration with the Ethiopian Chamber of Commerce and Sectoral Associations and the Sri Lanka Export...

Acting chairman appointed to SLTPB

Due to the resignation of Sri Lanka Tourism Promotions Bureau (SLTPB) Chairman Kishu Gomes last Friday, the Minister of Tourism Development has appointed Johanne...