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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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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October tea production down by 8.05% YoY to 21.14 m kilos Production falls at all elevation levels compared to October 2023
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Launch of the mobile registration service for service providers across the country, starting with Hikkaduwa and Koggala by the Sri Lanka Tourism Development Authority (SLTDA) and the Sri Lanka Institute of Hotel Management (SLITHM) garnered about 600 such registrations, top officials said.
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The Hayleys Group said yesterday it delivered remarkable growth and profitability during the first half of the financial year ending 31 March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12.73 billion, an increase of 78% over the corresponding period of the previous year.
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