Sri Lanka welcomed 173,878 tourists during the first 27 days of August 2026, according to the latest statistics released by the Sri Lanka Tourism Development Authority (SLTDA). With these latest figures, the total number of tourist arrivals to the country so far this year has successfully surpassed the 1.5 million mark, rising to 1,517,296. However,…
Today, Huawei and HP Inc. announced the signing of a multiyear global patent cross-licensing agreement, including license to HP Inc. for certain Huawei WiFi patents. This milestone agreement not only reflects the companies’ cooperation in the field of intellectual property licensing but also recognizes Huawei’s innovation capabilities and core technological strength as well as HP’s…
Sri Lanka today (31) marked a major milestone in its tourism development agenda with the official launch of two nationally significant consultancy assignments supported under the World Bank’s Grant Facility for Project Preparation (GFPP). The event was officiated by Prof. Ruwan Ranasinghe, Deputy Minister of Foreign Affairs, Foreign Employment and Tourism, who emphasized the importance…
The Colombo Consumer Price Index (CCPI, 2021=100) based headline inflation (year-on-year, Y-o-Y) increased to 8.0% in August 2026 from 7.3% in July 2026, primarily due to the statistical base effect in food inflation. Meanwhile, food inflation (Y-o-Y) increased to 8.5% in August 2026 from 6.3% in July 2026, contributing mainly to the increase in headline…
Sri Lanka’s export sector continued its positive growth in 2026, with total exports surpassing the US$ 10 Bn milestone during the first seven months of the year. Combined merchandise and services exports are estimated to have reached US$ 10,487.80 Mn during January–July 2026, recording a 5.5 % year-on-year growth compared to the corresponding period in…
Sri Lanka Sunday (30) welcomed its largest-ever privately organised Japanese visitor delegation, as more than 250 travellers arrived in Colombo through the Little Japan initiative, in what organisers are calling a landmark moment for tourism and bilateral cooperation between the two nations. The arrival marks the culmination of months of planning under the campaign banner…
The barometer loses ground as uncertainty makes for a cautious corporate mindset Extreme weather dominated headlines across the globe with much of Europe battling an unprecedented heatwave amid the developing effects of El Niño. Here at home, Sri Lanka faced the other end of the spectrum, as heavy rains and flash floods disrupted daily life…
Workshop advances TIFA Action Plan commitment and informs BOI’s investment attraction strategy The Board of Investment of Sri Lanka (BOI) hosted a tailored knowledge-sharing workshop led by the Australian Trade and Investment Commission (Austrade), focused on Austrade’s strategy and practices for promoting and attracting Foreign Direct Investment (FDI). The workshop follows an earlier session on…
Evolution Auto (Pvt) Ltd and Sampath Bank have signed a Memorandum of Understanding (MOU) to support the adoption of electric vehicles (EVs) in Sri Lanka, combining Evolution Auto’s growing portfolio of EVs with Sampath Bank’s financial solutions to make EV ownership more accessible to customers. Along with a range of EVs that meet various mobility…
Today (31), the Tourism Section of the Ministry of Foreign Affairs, Foreign Employment and Tourism will officially launch consultancies for the development of Sri Lanka’s Global Promotional Campaign Road Map and its National Tourism Strategic Plan (2026–2030). The launch and press briefing, supported by the World Bank’s Grant Facility for Project Preparation (GFPP), are taking…
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