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The International Monetary Fund (IMF) is currently evaluating Sri Lanka’s recent debt restructuring deal with bondholders, according to Julie Kozack, Director of the Communications Department at...
Sri Lanka is in the process of amending its Telecommunications Regulatory Commission (TRC) Act to accommodate Starlink satellite system found by billionaire head of SpaceX and...
Sri Lanka’s tourism sector has demonstrated remarkable performance, generating over $ 1.55 billion in revenue during the first half of 2024, registering a substantial 78% increase...
Reaching an important milestone of promoting the destination across the globe, Sri Lanka Tourism Promotion Bureau, in collaboration with Airport Aviation Services and SriLankan Airlines, welcomed...
An international university to be established in Sri Lanka’s Port City, a multi-services special economic zone, will offer undergraduate and postgraduate degree programmes including in medicine...
Sri Lanka’s central bank staff could continue to get high salaries for up to five years, and not three years as set out in a collective...
The International Monetary Fund has approved Sri Lanka’s program review allowing the disbursement of 330 million US dollars, while calling for monetary policy to be used...
Sri Lanka’s foreign exchange revenue from tourism rose to $154 million dollars in May 2024, a 54 percent jump from the last year while the arrivals...
Sri Lanka Tourism surpassed the milestone of 900,000 tourist arrivals, fuelling optimism within the industry to meet year-end targets. The accomplishment marks a striking growth, a...
The International Monetary Fund has assessed that there has been “sufficiently strong progress on the debt restructuring” for a review of Sri Lanka’s program by its...
