The government has set its sights on an ambitious annual export revenue target of US $ 36 billion to be achieved by 2029, according to the Export Development Board (EDB).
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The Ceylon Electricity Board (CEB) reported a turnaround performance in the three months through September 2024, at both top and bottom-line levels, as the state-owned power behemoth turned to black,
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The country’s manufacturing and services sectors in October showed strong upturn, judging by the Purchasing Managers Index (PMI).The manufacturing PMI recorded an index value of 58.1 in October 2024, indicating an expansion in manufacturing activities.
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Sri Lanka’s tea exports in October have increased by 14% year-on-year (YoY) whilst value-wise, the growth was subdued.
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The United States saw a 7% increase in international student enrollment in the 2023-2024 academic year, with 90% of students returning to in-person learning.
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The U.S. Embassy in Colombo has announced a significant 10% rise in the number of Sri Lankan students enrolled in U.S. colleges and universities during the 2023-2024 academic year,
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Former State Minister of Finance Shehan Semasinghe claimed that the International Monetary Fund (IMF) had commended the former Government led by the then President and then Minister of Finance,
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Chairman Buddhika Hewawasam says creative assets to be finalised next month with full-scale rollout set for January and peak promotional activities scheduled for May Stresses creating a consistent year-round destination image replacing campaign taglines to boost global appeal and maximise returns Opines previous campaign although conceptualised, lacked strategic breadth required for global tourism push Expresses confidence in attracting more tourists, …
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Sri Lanka’s tourism sector has reached a significant milestone, surpassing 1.7 million arrivals so far for 2024 with over 100,000 visitors welcomed during the first 17 days of November, signalling a strong momentum as the year-end holiday season approaches.
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Aitken Spence PLC, a leading conglomerate with a diverse regional presence, has reported an EBITDA (excluding impacts from foreign currency exchange gains and losses) of Rs. 8.9 billion for the six months ending 30 September 2024, reflecting a growth of 10.4%.
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