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Industry calls for direct European charters as shifting airline dynamics challenge Sri Lanka's tourism yield

Sri Lanka, June 18 -- The Sri Lanka Association of Inbound Tour Operators (SLAITO) is urging the government to offer incentives for direct European charters to attract high-yielding affluent traveller... Read More


Daily vehicle import bill drops below USD 4Mn

Sri Lanka, June 18 -- Deputy Minister of Finance and Planning Anil Jayantha Fernando said that Sri Lanka's daily foreign exchange outflow for vehicle imports has fallen to below USD 4 million followin... Read More


Medicine prices set to surge

Sri Lanka, June 18 -- Pharmaceutical prices are expected to rise after the government indicated its willingness to address concerns raised by Indian suppliers regarding the non-renewal of import licen... Read More


Corporates must look beyond banks: SEC Chief

Sri Lanka, June 18 -- The capital market regulator, the Securities and Exchange Commission (SEC), is positioning equity and debt markets to play a larger role in financing economic growth, noting that... Read More


Gotabaya's writ petition fixed for tomorrow

Sri Lanka, June 17 -- The writ petition filed by former President Gotabaya Rajapaksa seeking an order preventing his arrest in connection with the ongoing investigations into the 2019 Easter Sunday te... Read More


Upcountry line train services to resume from Saturday

Sri Lanka, June 17 -- Repair work on the damaged railway line between Nanu Oya and Ambewela on the Upcountry Line, which was affected by Cyclone Ditwah, has been completed, the Railway Department said... Read More


More obstacles for Iran after NZ match

Sri Lanka, June 17 -- Following their opening fixture against New Zealand, which ended in a dramatic 2-2 draw at SoFi Stadium in Los Angeles, Iranian head coach Amir Ghalenoei voiced his frustration a... Read More


Jaffna's tiny terror tames India's super brat

Sri Lanka, June 17 -- A raw rookie fast bowler from Jaffna became an instant hit and the toast of his Sri Lanka A team as he stood up to conquer India's mercurial super hero turned spoilt brat in a 50... Read More


Sri Lanka launches export roadmap targeting US$ 36bn by 2030

Sri Lanka, June 17 -- Sri Lanka yesterday unveiled an ambitious five-year export roadmap targeting annual export earnings of US$36 billion by 2030, as the government seeks to deepen the country's post... Read More


Build stronger export engine for lasting recovery: CBSL Governor

Sri Lanka, June 17 -- Sri Lanka's economic recovery will struggle to gain lasting momentum unless the country significantly expands its export base and improves access to trade finance, Central Bank G... Read More