With sustained double-digit growth in visitor arrivals and burgeoning foreign exchange receipts, tourism is one of the most dynamic and robust sectors of the Sri Lankan economy. The country’s growing reputation is drawing visitors from an increasingly diverse range of markets to its pristine beaches, historical landmarks and adventure-packed outdoors. Building on this success, the government...
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Positioned between west and east Asia, Sri Lanka sits on a major maritime route between Europe and the Far East and its natural resources have made it a trading centre for millennia.
Following a landmark peace agreement and a late-2016 tax reform package, 2017 looks to be a year of significant promise for Colombia. The country has been in recovery since the 2014 collapse in oil prices, which predominantly affected exports, government revenues and the exchange rate. However, with the external sector acting as a shock absorber, the authorities helped ensure that domestic demand was able to pick up some of the slack.
Articles & Analysis | Tourist numbers rise as the Philippines invests in promotional campaigns from The Report: The Philippines 2017
With abundant natural beauty and a rich cultural heritage spread across 7000 islands, the Philippines has steadily gained recognition over the years as a competitive tourism destination, despite being located in a region of strong contenders. With the campaign “It’s More Fun in the Philippines!”, launched in 2012, the country has not only...
Articles & Analysis | Cruise tourism uses the Philippines' natural landscape to expand sector from The Report: The Philippines 2017
A major thrust of the sector’s development strategy, carried out by the Department of Tourism ( DoT), is to strengthen cruise tourism so it becomes a driver of foreign visitor arrivals. Indeed, as an archipelago with over 7000 islands, and with one of the world’s longest coastlines, the Philippines should be a natural market for the industry....
