Sri Lanka is expected to rank among the world’s fastest-growing travel destinations in 2025, with tourism spending forecasted to increase by 40 percent, according to the 2024 WTM Global Travel Report, published in partnership with Tourism Economics.
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HVA Foods PLC, a member of the George Steuart Group, announces its exclusive distributor partnership with Müggenburg Group, Germany, a renowned family-owned company with over 80 years of expertise in high-quality herbs and botanicals.
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Sri Lanka’s foreign-exchange reserves surged by an impressive 81% year-on-year in October 2024, reaching USD 6.5 billion due to the support of its IMF program, according to Fitch Ratings.
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The officers attached to the Narcotic Control unit at the Bandaranaike International Airport (BIA) in Katunayake have arrested a passenger at the Green Channel who arrived from Sierra Leon last morning on suspicion of trafficking narcotic substances.
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Five leading liquor manufacturers, including W. M. Mendis and Co. limited, face the imminent threat of losing their liquor production licenses if they fail to settle an outstanding tax debt totaling Rs. 8.5 billion by November 30th.
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Sri Lanka’s tourism sector continued its robust rebound with over 61,000 arrivals in the first 10 days of November, bringing the year-to-date (YTD) to over 1.68 million.
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All schools are to be handed over to the respective Grama Niladhari officers today (12) after classes end, in preparation for the parliamentary elections scheduled for Thursday (November 14), the Education Ministry said.
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Policy consistency is key to achieving US $ 8 billion in apparel exports next year, up from an estimated US $ 5 billion in 2024, according to the Joint Apparel Association Forum (JAAF).
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SriLankan Airlines reported a Rs. 12.9 billion net loss in the first quarter of the 2024/25 financial year due to ongoing cash flow challenges driven by legacy operational issues and financial costs from past debt, as stated by the Finance Ministry.
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Police Spokesman DIG Nihal Thalduwa announced that approximately 64,000 police officers will be deployed from today (12) to ensure security during the general election across all constituencies.
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