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Good news for Indian travellers, hotels in this country are cheaper than a burger, not Thailand, Indonesia, Sri Lanka, Bhutan, it is...

Good news for Indian travellers, hotels in this country are cheaper than a burger, not Thailand, Indonesia, Sri Lanka, Bhutan, it is...

A traveller recently shared on social media that he found a hotel for just Rs 160 per night, and his post has gone viral. If you are someone who loves to travel, one of the first things you check is the cost of stay. But what if your hotel room...

Tourist arrivals gain pace in June, but annual target still elusive 

Tourist arrivals gain pace in June, but annual target still elusive 

Sri Lanka welcomes 138,241 tourists in June up 22% YoY driven by Dawoodi Bohra convention boost Misses monthly target for sixth consecutive month, as June falls short by 39,016 visitors YTD arrivals reach just under 1.17 m, up 15.6% YoY India...

Sri Lanka prepares to face impact of Middle East war

Sri Lanka prepares to face impact of Middle East war

Sri Lanka is preparing to face the impact of the war in the Middle East and a subcommittee appointed for this purposes met to discuss the areas that might be affected. The Cabinet of Ministers has drawn its attention to the need for advance...

Travelbag names Thailand as the world’s safest destination

Travelbag names Thailand as the world’s safest destination

Long-haul travel specialist firm Travelbag reports that, based on several key factors, Thailand is the safest place in the world to visit in 2025. The online travel platform analysed data from research company Numbeo with regard to local safety...

Sri Lanka Convention Bureau to Host MICE Roadshows in Hyderabad and Bangalore

Sri Lanka Convention Bureau to Host MICE Roadshows in Hyderabad and Bangalore

The Sri Lanka Convention Bureau (SLCB), in collaboration with the Sri Lanka Deputy High Commission in Chennai, is set to organise two impactful MICE (Meetings, Incentives, Conferences, and Exhibitions) Roadshows and Evening Networking Sessions in...

Sri Lanka sells Rs60bn in Treasury bills, yields mostly flat

Sri Lanka sells Rs60bn in Treasury bills, yields mostly flat

ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayke is likely to undertake a three-day official visit to the Maldives in the last week of July and the visit will be focusing on the bilateral trade and relationship, sources familiar with the...

Sri Lanka stocks continue to surge on Iran-Israel truce

Sri Lanka stocks continue to surge on Iran-Israel truce

ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayke is likely to undertake a three-day official visit to the Maldives in the last week of July and the visit will be focusing on the bilateral trade and relationship, sources familiar with the...

Sri Lanka leader to visit Maldives, eyes bilateral trade: Sources

Sri Lanka leader to visit Maldives, eyes bilateral trade: Sources

ECONOMYNEXT – Sri Lanka President Anura Kumara Dissanayke is likely to undertake a three-day official visit to the Maldives in the last week of July and the visit will be focusing on the bilateral trade and relationship, sources familiar with the...

Melco’s City of Dreams Sri Lanka casino and hotel to open on 2 August

Melco’s City of Dreams Sri Lanka casino and hotel to open on 2 August

Melco Resorts & Entertainment’s new Sri Lankan casino and hotel venture, City of Dreams Sri Lanka, will open its doors on Saturday 2 August, the company and its local partner John Keells Holdings PLC have announced. The property, located within...

SL Government to Curb Generous Tax Holidays under IMF Reforms

SL Government to Curb Generous Tax Holidays under IMF Reforms

By: Staff Writer July 06, Colombo (LNW): Sri Lanka has agreed to halt the approval of new tax concessions under the Port City Act and the Strategic Development Projects (SDP) Act, as part of a broader reform agenda under the International Monetary...

More German companies eye Sri Lanka

More German companies eye Sri Lanka

34 The Delegation of German Industry and Commerce in Sri Lanka commended the steps taken by Sri Lanka to improve the business sentiments and attract investments to the country. The delegation hailed the interest shown by Sri Lanka to improve the...

Sri Lanka clears casino machine imports as new gambling oversight advances

Sri Lanka clears casino machine imports as new gambling oversight advances

COPF lifts ban with new monitoring directive as Gambling Regulatory Authority Bill progresses. By Gambling Insider Key points: - COPF has approved the resumption of casino machine imports - A special monitoring system will be introduced for...

Sri Lanka lifts casino equipment ban amid push for stronger gambling regulation

Sri Lanka lifts casino equipment ban amid push for stronger gambling regulation

Sri Lanka’s Parliament Committee on Public Finance (COPF) has approved the import of casino machines, ending a ban in place since the country’s economic crisis. The decision follows the introduction of the Gambling Regulatory Authority Bill, aimed...

Is Gen Z Redefining Solo Travel And Sustainable Tourism In India?

Is Gen Z Redefining Solo Travel And Sustainable Tourism In India?

Travel is booming these days. A big role is played by the young demographic (18-28) who are travelling solo or in a group. This trend is worth looking into. Pratham Ahuja, a Travel Enthusiast based in Gurugram, started travelling due to curiosity...

Sri Lanka clears casino machine imports, cites tax potential

Sri Lanka clears casino machine imports, cites tax potential

The Committee on Public Finance (CoPF) of Sri Lanka has approved the importation of casino machines, with officials citing the move as a revenue-generating measure for the government through tax collection. The decision comes as Sri Lanka seeks to...

Australians in '$280 million Euro summer surge' — and emerging holiday hotspots

European summer spending is set for a rebound, one of Australia's biggest banks predicts, with travellers also looking to other destinations to escape the winter at home. ANZ says customers travelling to Europe across June, July, and August will...

Sri Lanka Poised for Global Trade Revival amid Geopolitical Realignments

Sri Lanka Poised for Global Trade Revival amid Geopolitical Realignments

By: Staff Writer June 24, Colombo (LNW): The International Chamber of Commerce (ICC), which represents over 45 million businesses in more than 170 countries, has issued a warning against rising global tariff retaliation, urging nations to support...

Sri Lanka: You will come back for more

Sri Lanka: You will come back for more

By Jeremy Hosking At Hosking Partners we have no explicit ‘mandate’ to be invested in emerging markets (EM). But over the past four decades, these markets have regularly presented opportunities to deploy our contrarian ‘go anywhere’ approach. A...

Nissanka, Jayasuriya star as Sri Lanka beat Bangladesh by an innings and 78 runs to clinch Test series

Nissanka, Jayasuriya star as Sri Lanka beat Bangladesh by an innings and 78 runs to clinch Test series

Cricket News Sri Lanka defeated Bangladesh by an innings and 78 runs at the Sinhalese Sports Club in Colombo to clinch the two-match Test series by 1-0. Sri Lanka beat Bangladesh by an innings and 78 runs to clinch the Test series. (Photo-Getty...

No Plans for Maldives–Sri Lanka Duty-Free Zone, Confirms Economic Minister

No Plans for Maldives–Sri Lanka Duty-Free Zone, Confirms Economic Minister

Economic Minister Saeed Mohamed has denied recent claims suggesting that the Maldivian government is working to establish a duty-free commercial zone between the Maldives and Sri Lanka. In a statement shared on X, the Minister clarified that no...

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