The Central Bank of Sri Lanka monetary board reduced its lending rate by 100 basis points to 5.5 percent. The deposit rate was cut by the same amount to 4.5 percent.
The Central Bank of Sri Lanka (CBSL) has decided to extend a debt moratorium for the country’s crisis-hit tourism sector by six months. A debt moratorium on capital and interest for Sri Lanka’s tourism sector
The number of international tourist arrivals in Sri Lanka declined for the twelfth straight month in March 2020 by 70.8 per cent in comparison to a year ago as the tourism industry is hit hard by the coronavirus outbreak.
The fast-spreading pest poses a special risk in Iraq, one of the world's hottest countries that is already suffering from regular droughts and shrinking water resources due to overuse, pollution and upstream river dams.
Sri Lanka’s tourism industry, badly hurt by Easter day bombings, is showing signs of gradual recovery, industry executives say, although a national election later this year is likely to weigh on holiday season arrivals.
Gamini Lakshman Peiris, Foreign Minister of Sri Lanka, said that Expo 2020 Dubai is a great opportunity and a world-class platform to promote his country as a major tourist attraction.
Sri Lanka’s key inflation rate eased to 57.2 per cent in December from 61 per cent in November, the country’s statistics department said on Friday.
The Sharjah Chamber of Commerce and Industry (SCCI) on Tuesday received a high-level business delegation from Sri Lanka, led by Nalinda Wijerathna, Consulate General of Sri Lanka in Dubai.
The Indian team management in Sri Lanka will focus first on sealing the three-match T20 International series that begins on Sunday and then give youngsters an opportunity in the final T20I.