Tag: Tourism

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Tourism in Sri Lanka: One step forward, two steps back

Colombo, Sri Lanka – Tourism in Sri Lanka just can’t seem to catch a break. Three years ago, the number of tourists was down 18 percent...

Sri Lanka to develop wellness tourism with EU assistance

The European Union (EU) Delegation to Sri Lanka, has allocated funds to help strengthen the local wellness tourism capacity to transform the island nation...

Sri Lanka expects tourism industry recovery to solve BOP troubles

Sri Lanka’s recovering tourism sector will help end the balance of payments troubles, Central Bank Governor Nivard Cabraal said, echoing statements made by ministers. “When...

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Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...

Betting and Gambling Levy Amendment Raises Taxes, Casino Entry Fee

The government has published the Gazette on Betting and Gambling...

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