Increased international arrivals and expansion into new segments are key elements in Sri Lanka’s plans to boost revenue in its growing tourism sector, an important earner of foreign currency.
Sri Lanka
Displaying 37 - 42 of 52
Buoyed by a phased $1.5bn funding pledge from the IMF, Sri Lanka has its sights set on building economic momentum and improving investor sentiment in the coming months.
Sri Lanka is looking to boost its public transport infrastructure, particularly in Colombo, amid rising passenger numbers and increased road congestion.
Thanks to close historical ties and geographic proximity, Sri Lanka stands to benefit from efforts to strengthen economic cooperation with India.
Consistently ranked as a top global destination for business process outsourcing (BPO) and IT, Sri Lanka’s tech services industry has grown substantially in recent years, with high expectations and ambitious targets going forward.
Economic update | Nearing island-wide electrification, Sri Lanka to focus on quality and reliability
28 Mar 2016
As the only South Asian nation with near-100% grid connectivity, Sri Lanka has shifted its focus in recent months toward boosting the reliability and quality of electricity supply, as well as revising its tariff structure.