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Tourist arrivals record 59,759 in November

Tourist arrivals for November recorded 59,759 showing a sign of recovery after six months. This figure was at 44,294 in 2021 November recording a...

Proposals related to increasing government revenue in 2023 will be presented in the next committee report

Chairperson of National Council sub-committee on identifying short- and medium-term programs related to economic stabilization, Hon. Patali Champika Ranawaka said that the proposals related...

Open bars, restaurants and shops 24 hours for tourists – State Minister Diana Gamage

Tourism State Minister Diana Gamage said bars, hotels, restaurants and shops in the country should be kept open for 24 hours as a measure...

India remittances set to hit record $100 billion in 2022

Indians are set to receive $100bn in remittances this year, according to a World Bank report - the first time a single country has...

IMF’s Georgieva flags inflation, China slowdown as risks to Asia

TOKYO, Dec 2 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva flagged rising inflationary pressures and China's economic slowdown as risks to Asia's...

Branches of Foreign Universities should establish here

Mass Media Minister Dr. Bandula Gunawardena said in Parliament yesterday (1) that a national agreement should be made for a radical change in education. The...

ComBank raises Rs 10 bn. after debenture oversubscribed on opening day

The Commercial Bank of Ceylon has announced that its Rs 10 billion debenture issue closed within hours of opening after it was oversubscribed on...

Sri Lanka targeting 1.5 million tourist arrivals next year

Sri Lanka aims to attract nearly 1.5 million tourists in 2023, Minister of Tourism Harin Fernando said, adding that their main focus lies for...

Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CC’; Affirms ‘RD’ Foreign-Currency IDR

Fitch Ratings - Hong Kong - 01 Dec 2022: Fitch Ratings has downgraded Sri Lanka's Long-Term Local-Currency Issuer Default Rating (IDR) to 'CC', from...

Wildlife to get Rs.3710.5 mn from Budget 2023

Rs.3710.5 million has been allocated to the Wildlife and Forest Resources Conservation Ministry for activities such as wildlife and forest resources, ecosystem conservation, and...

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