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Friday November 13th, 2026
Tourism

Sri Lanka to launch remittance mobile app to boost inflows from expatriates

The app will be an incentive for expatriates who use formal banking channel

April 3, 2023 1 min read

Sri Lanka to hike tourist arrival target to 2.0mn for 2023

"The target for March 2023 was only 90,000, but we have exceeded that.

April 3, 2023 2 min read

Sri Lanka sees tourism upturn from last minute bookings

"The trend has changed even though we can't find a proper forecast for next month or the month after."

March 24, 2023 2 min read

Sri Lanka UDA to take back Krrish, Destiny, non-operational buildings in lands it owns

The valuation of the two buildings is yet to be done.

March 16, 2023 2 min read
Malayalam movie to be filmed in Sri Lanka

Malayalam movie starring Mammootty and Mohanlal will be filmed on location in Sri Lanka over 30 days in November

China state firm to build Maldives resort with Sri Lanka firm

Palm Garden Hotels, a unit of Sri Lanka-based LOLC Group said it was in talks to form a joint venture with a Chinese sta...

September 20, 2016 1 min read

Sri Lanka tourist arrivals up 11.8-pct in August 2016

Tourist arrivals to Sri Lanka rose 11.8 percent from a year earlier to 186,288 in August 2016, with total visitors up 16...

September 7, 2016 1 min read

Sri Lanka advised not to ignore mid-range hotel development

ECONOMYNEXT – Although a lot of investments are going into building up-market hotels to attract high spenders, Sr...

Rohan Gunasekera
August 25, 2016 2 min read

Sri Lankan red tape still deterring investments, tourism forum told

Approvals for new projects in Sri Lanka are still too slow with red tape and official lethargy deterring investments, al...

Rohan Gunasekera
August 25, 2016 2 min read

Sri Lanka hotel boom seen hitting room rates

ECONOMYNEXT – Sri Lanka’s hotel construction boom, especially in the capital Colombo, could put pressure o...

Rohan Gunasekera
August 24, 2016 2 min read

Sri Lanka Browns Beach in Rs1.4bn rights issue as new hotel building costs rise

ECONOMYNEXT – Sri Lanka’s Browns Beach Hotels said it plans to raise Rs1.4 billion rupees through a rights...

August 23, 2016 1 min read

Sri Lanka tourism receipts rise to Rs50bn in half year

Sri Lanka's estimated tourism receipts rose 19 percent from a year earlier to Rs50 billion in the first six month of 201...

August 17, 2016 1 min read

Sewage threatens Sri Lanka's golden beaches

Tourists have flocked back to Sri Lanka's palm-fringed beaches since a bloody civil war ended in 2009, but environmental...

Amal JAYASINGHE
August 8, 2016 4 min read

Sri Lanka tourist arrivals up 19.1-pct in July 2016

Sri Lanka's tourist arrivals grew 19.1 percent from a year earlier in July 2016 to 209,351 recovering from a slow 2.2 pe...

August 5, 2016 2 min read

Airbnb grows 172-pct in Sri Lanka to 8,000 properties

Airbnb, an online vacation rental booking engine said it had seen a 172 percent growth in listing in Sri Lanka to 8,000 ...

August 2, 2016 2 min read
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Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
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UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka to abolish floor rates for hotels from next March

Sri Lanka will abolish floor rates for city hotels from March 2017, following requests from the industry, which has pric...

July 29, 2016 2 min read

John Keells to start Rs3.7bn hotel in Sri Lanka's Nuwara Eliya

Sri Lanka's John Keells group is expecting to start construction of a 3.7 billion rupee hotel in Nuwara Eliya in the isl...

July 27, 2016 1 min read

Sri Lanka’s Hayleys buys Maldive island resort for US$23mn

ECONOMYNEXT – Sri Lanka’s Hayleys group said it had bought an island resort in the Maldives for US$23 mill...

July 18, 2016 1 min read

Sri Lanka 2016 tourist arrivals to exceed 2.2mn target: Minister

Sri Lanka could get as much as 2.5 million tourist arrivals in 2016, higher than the official target of 2.2 million, Tou...

July 8, 2016 2 min read

Sri Lanka tourist arrivals barely grow in June

Sri Lanka's tourist arrivals grew just 2.2 percent to 118,038 in June 2016 from a year earlier, with slow growth from We...

July 5, 2016 2 min read

Sri Lanka hotel group calls for visitor quotas at wildlife parks

ECONOMYNEXT – Sri Lanka’s Aitken Spence Hotel Holdings has called for better government regulations and en...

June 14, 2016 1 min read

Chinese visitors to Sri Lanka up 32-pct in May

ECONOMYNEXT – China remains Sri Lanka’s fastest growing tourism market with the number of visitors up 31.5...

June 8, 2016 1 min read

Sri Lanka's Cinnamon Lakeside woos travellers from China, India

ECONOMYNEXT - Cinnamon Lakeside Hotel, a 5-star graded city hotel owned by Sri Lanka's John Keells Holdings group said i...

May 27, 2016 2 min read

Sri Lanka Grand Hyatt opens for 2017 winter season

ECONOMYNEXT – Grand Hyatt Colombo, owned by Sri Lanka’s biggest insurance and pension funds, is set to ope...

May 23, 2016 2 min read

Sri Lanka Kingsbury hotel March profit down on tax charge

ECONOMYNEXT – A sharp increase in income tax payment reduced March 2016 quarter net profit of The Kingsbury hotel...

May 20, 2016 1 min read
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