Despite recent setbacks, including the four-month closure of Bandaranaike International Airport (BIA) in 2017 and unusual flooding in the south, Sri Lanka’s tourism sector continues to post sizeable gains. According to the Sri Lanka Tourism Development Authority (SLTDA), total tourist arrivals grew by 3.2% to hit 2.1m in 2017, with 384,628...
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
As Sri Lanka’s second-largest industry after textiles and garments, tourism represents an opportunity to generate revenue and create jobs. The country is fast becoming a popular destination for international travellers, as well as for expatriates returning home to visit friends and family, suggesting that Sri Lanka is in the process of moving...
Which technological advancements in building and urban planning could make real estate markets in Asia more competitive?
To what extent is Sri Lanka’s economic productivity being impeded by road traffic congestion, and what is being done to alleviate the problem?
Foreign interest in Sri Lanka’s property market has been steadily building momentum. The country’s rising global tourism profile is increasingly attracting international interest in the sector, while expatriate Sri Lankans are already an important part of the investment picture. For Sri Lankan expatriates abroad, owning property in their...
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