Radi

Tourism in Sri Lanka has yet to recover fully from three consecutive blows inflicted by the 2019 Easter bombs, two pandemic years, and the island’s worst economic crisis in decades this year.

Sri Lanka’s free trade deals have earned the country 600 percent more exports than imports in 2022, a Finance Ministry report said, as the country embarks on a renewed push to free consumers from vested import substitution businesses.

IHP is an independent, non-partisan research centre based in Colombo, Sri Lanka. The SLOTS lead investigator is Dr. Ravi Rannan-Eliya of IHP, who has trained in public opinion polling at Harvard University and has conducted numerous surveys over three decades.

Strongly defending the high taxing of exporters and others earning in foreign currency, Central Bank (CB) Governor, Nandalal Weerasinghe claimed that preferential tax treatment accorded to them for many decades have not brought substantial returns to the country.

Sri Lanka is facing a milk powder shortage once again owing to the complex procedure in the clearance of containers, dollar shortage, difficulty in opening the Letters of Credit (LCs) and import policy inconsistency, several high officials of leading milk powder companies, complained.