The global tourism industry is set to bounce back strongly after the post-pandemic speed bump. On World Tourism Day, actors and stakeholders in the industry are taking the next big step in rejuvenating travel, in line with this year’s theme, “Rethinking Tourism”. More importantly, tourism is slated to play a crucial role in the resurrection…
SINGAPORE, Sept 28 (Reuters) – The dollar hit a fresh two-decade peak against a basket of currencies on Wednesday on the back of rising Treasury yields, while sterling languished near a record low on concerns over Britain’s radical tax cuts to spur growth. The U.S. dollar index hit a new high of 114.68 in Asia…
Emphasising the need to create a more business-friendly environment for foreign investors seeking investment opportunities in Sri Lanka, Ambassador of the United States to Sri Lanka Her Excellency Julie Chung hailed the Sri Lanka USA Business Council (SLUSABC) of the Ceylon Chamber of Commerce as a critical voice in advising the Government on how to…
The Central Bank of Sri Lanka co-hosted the CBSL-ADBI-APAEA Online Macroeconomics Conference for the third consecutive year, in collaboration with the Asian Development Bank Institute (ADBI) and the Asia-Pacific Applied Economics Association (APAEA), on 23 September 2022. This year’s theme remained same as the previous year; ‘Emerging Issues for Macroeconomic Stability’. Inaugurating the Conference, Dr. Nandalal Weerasinghe, the Governor…
The Sri Lanka Association of Inbound Tour Operators (SLAITO) successfully participated at the IFTM TOP RESA, International and French Travel Market 2022, held from 20 to 22 September 2022 with the coordination of the Embassy of Sri Lanka in France. France is the fifth largest source market to Sri Lanka, with tourist arrivals from the first eight…
The Ambassador of Sri Lanka to Brazil, Sumith Dassanayake undertook a visit to the State of Goiás on 19 September 2022 as part of the Embassy’s reaching out programme to promote Sri Lanka’s Trade and Economic relations with the leading economic hubs in Brazil. Goiás is one of the fastest growing states in Brazil with…
Sri Lanka’s Export Performance in August 2022 Earnings from the merchandise exports increased by 10.24 % y-o-y to US$ 1,213.7 Mn in August 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles. The EDB Chairman & CE, Suresh…
The exclusive index toys with a nation’s resilience and heads south once more Some aspects of daily life have changed somewhat dramatically – most visibly, there’s more vehicular traffic on the streets and less items in a household’s shopping bag. But there is a determination to move forward with the provisions outlined in the interim…
Bloomberg – The UK’s stock and bond markets have lost at least $500 billion in combined value since Liz Truss took over as Prime Minister, with investor confidence shattered by a shock tax-cutting budget. Taking the helm at a time when the UK economy was already grappling with the specter of recession, the Truss government’s…
The Ministry of Foreign Affairs in collaboration with SLT Mobitel will launch an e-channeling appointment system with effect from 29 September, 2022. This will facilitate the public to receive effective services at the Authentication Section of the Consular Affairs Division. The e-channeling appointment system will enable the public to obtain online appointments for authentication of…
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