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SL Tourism Development Authority Chief defends MRR making positive impact.

By: Staff Writer April 03, Colombo (LNW): Sri Lanka Tourism Development Authority (SLTDA) Chairman Priantha Fernando yesterday confirmed that the Minimum Room Rate (MRR) effective...

1,000 vehicles to be imported to accelerate tourism industry development.

By: Staff Writer April 03, Colombo (LNW): The government has decided to import a total of 1,000 buses and vans to improve the transportation facilities...

World Bank predicts moderate growth of 2.2% for Sri Lanka in 2024.

By: Staff Writer April 03, Colombo (LNW): The World Bank yesterday said Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024,...

Central Bank Issues Guidelines for the Bank Business Revival Units.

By: Staff Writer April 03, Colombo (LNW): Sri Lanka Bank business revival units set up during the Covid -19 pandemic period will be strengthened to...

Visa sees 35%+ surge in debit card spends; trend expected to continue in the upcoming Avurudu season

• Out of the total domestic spends on debit cards, the share of in-store spending is 7 times that of ecommerce. • Last holiday season saw over 20% growth...

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