According to the most recent tourism receipt data, the total revenue from January to September 2024 stood at USD 3.42 billion whereas the total revenue for the same period of 2022 stood at 3.02 billion. This accounts for a 13% increase in revenue. However, the arrival numbers for the corresponding periods recorded an increase of 25%. By the end of the year the arrival numbers will exceed 2 million tourists and tourist receipts will account for over USD 4.9 billion. Data: MMA

The crystal ball repeatedly returning a 502-error code, this analysis will use the inductive method; - that of relying on the past to lay...

In 2022, Sri Lanka’s economy collapsed, leaving millions in a desperate daily struggle for survival. Families queued for hours to secure...