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Tag: Sri Lanka

Posted on July 12, 2025

Sri Lanka June 2025 remittances up 22.3-pct; Jan-June sees over $3.7 bln

ECONOMYNEXT – Sri Lanka’s official remittances rose 22.3 percent to $635.7 million in June 2025, while they reached $3.74 billion in the first half of this year, rising 18.9 percent from a year ago, …
Posted on July 12, 2025

Buying Property in Sri Lanka | How To Buy a House in Sri Lanka

The round trip transaction costs include all costs of buying and then re-selling a property – lawyers’ fees, notaries’ fees, registration fees, taxes, agents’ fees, etc. Land Tax Foreigners must pay …

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Posted on July 12, 2025

Visiting ex-South African President launches ambitious library project in Sri Lanka

Former President of South Africa Thabo Mbeki laid foundation stone for ‘Thabo Mbeki Library’ at Ampegama Primary School in the Galle District when he visited Sri Lanka recently.
Posted on July 12, 2025

Ceylonika Cosmetics officially launched in Sri Lanka

Ltd, a new player in Sri Lanka’s beauty industry, officially inaugurated its operations as a social selling beauty brand at a launch event held at the Hilton Colombo. ..
Posted on July 12, 2025

The quiet unraveling How IMF reforms are reshaping Sri Lanka’s economic future

Sri Lanka’s economic future is being quietly reshaped beneath the surface of fiscal targets and IMF scorecards. ..
Posted on July 11, 2025

Marriott signs Ritz-Carlton Reserve for Sri Lanka

Marriott Intl, Inc. has inked a deal with Ventive Hospitality to open seven hotels in India and Sri Lanka, including a Ritz-Carlton Reserve.

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Posted on July 10, 2025

Mendis leads Sri Lanka to 7-wicket win over Bangladesh in 1st T20

Kusal Mendis continued his sublime batting form in white-ball cricket and led Sri Lanka to a seven-wicket victory against Bangladesh in the first T20.
Posted on July 10, 2025

Uga Prāva is now open in Tangalle, Sri Lanka

Uga, the boutique Sri Lankan hotel group renowned for its world-class hospitality, is delighted to announce the launch of its seventh property, Uga Prāva.

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Posted on July 10, 2025

New hotels: Centara Grand Lagoon Maldives, City of Dreams Sri Lanka and more

Centara Grand Lagoon Maldives, the Maldives Centara Grand Lagoon Maldives, located within The Atollia by Centara Hotels & Resorts, comprises 142 beachfront and overwater villas and residences, each …

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Posted on July 10, 2025

Sri Lanka’s apparel industry alarmed by US tariff of 30%, hopes for cut

By Uditha Jayasinghe COLOMBO (Reuters) -Distress is in store for Sri Lanka’s garments sector if the island nation is unable to clinch a tariff lower than the 30% figure U.S. President Donald Trump has …

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