In October 2024, Sri Lanka's tourism industry brought in US$185.6 million, which was more than itwas a month and a year earlier. Strong arrivals, which seem to have been less affected by travel advisories issued by several nations,primarily the United States, regarding the possible attack targeting Israelis in the popular tourist destination of Arugam Bay on the Eastern coast, helped to reinforce this. In October, Sri Lanka attracted 135,907 visitors, which was up from 109,199 in the same month a year...
Economy
The Central Bank of Sri Lanka (CBSL) is likely to hold policy rates steady in the upcoming monetary policy review...
In a move to spur sustainable investments in Sri Lanka, the private sector funding arm of the World Bank, the...
Concluding a two-day visit, IFC’s Vice President for Asia Pacific, Riccardo Puliti, signaled IFC's commitment to supporting Sri Lanka's ongoing...
(Reuters) - The International Monetary Fund (IMF) stands ready to support Sri Lanka's discussions with international bondholders and will provide...
The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program...
The Ceylon Chamber of Commerce is deeply concerned about the decision by the Cabinet of Ministers totemporarily suspend the parade...
President Ranil Wickremesinghe has decided to establish a special commission to expedite the development of Galle. He made these remarks...
A recent media report in Sri Lanka claimed its Central Bank plans to introduce a central bank digital currency (CBDC) this year....
The targets laid out in Sri Lanka’s budget for 2024 will be challenging to meet, even with the economic recovery...