Sri Lanka’s tax revenue was up 39 percent to 2,918.3 billion rupees in the nine months to September 2024 from a year ago, while the budget deficit was down 40 percent, official data show.
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Sri Lanka’s dedicated economic centres are currently controlled by few entrepreneurs by providing opportunity for
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Sri Lanka’s tourism industry continues to thrive, with 120,961 tourist arrivals recorded in the first 20 days of November,
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The discussions related to the third review of the International Monetary Fund (IMF) programme concluded today (22), the President’s Media Division (PMD) said.
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Sri Lanka has emerged as a premier destination for solo travelers, according to new data from Flash Pack and Forbes magazine.
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The international ferry service connecting Nagapattinam in Tamil Nadu with Kankesanthurai in Sri Lanka has been suspended for over a month due to monsoon.
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Sri Lanka Ports Authority is projected to post a profit after tax revenue in the excess of Rs. 19 billion, Harbour Master, Sri Lanka Ports Authority Capt. Nirmal Silva said at the Voyage Sri Lanka 2024 press event.
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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 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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