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Sri Lanka’s GDP Growth at 5.5-pct in Q3 2024
Dec 17, 2024 · Sri Lanka has experienced a economic upturn, with the Gross Domestic Product (GDP) expanding by 5.5% in the third quarter of 2024 compared to the same period last year. The GDP for the third quarter of 2024 at constant price (2015) has increased up to Rs. 3,151,941 million from Rs. 2,987,544 mil
President Appoints Hans Wijayasuriya as Chief Advisor on Digital ...
Nov 1, 2024 · President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has espoused and reiterated a bold vision and personal commitment to elevate Sri Lanka’s digital economy to a level on par with the most advanced nations in the region, envisaging acceleration of economic growth, national competitiveness and ...
Innovative Water Management Techniques Revolutionizing Paddy ...
Dec 10, 2024 · For centuries, rice has been the heartbeat of Sri Lankan agriculture, with over one million hectares of paddy fields cultivated annually, accounting for 37% of the country’s land use. But as climate change accelerates, the task of managing water resources, especially for paddy, has become ever more
Sri Lanka Tourist Arrivals YoY Increased by 22-pct in November
Dec 17, 2024 · Sri Lanka's tourism sector continues to show strong recovery and growth, as evidenced by a 21.6% year-on-year increase in foreign tourist arrivals for November 2024. According to the Sri Lanka Tourism Development Authority, the number of tourists reached 184,158, compared to 151,496 in the same mont
Tender Announcement for Bandaranaike International Airport …
Sep 24, 2024 · Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL) announced the tender for Bandaranaike International Airport Development Project Phase 2 (the BIA Project), which aims to accomplish the full scope of the Project funded by the JICA’s ODA loan by the end of 2027 to meet the growing passenger demand in Sri Lanka.
Sampath Bank unveils its new “Vishwa” retail App
May 9, 2024 · Sampath Bank, a leading innovator in Sri Lanka's banking industry, proudly unveiled its revolutionary mobile application, Sampath Vishwa Retail. This progressive launch marks a significant milestone within the internet banking landscape, promising unparalleled convenience and accessibility to cu
Sri Lanka smartphone market surges 218-pct in Q2 2024: IDC
Oct 9, 2024 · Sri Lanka’s market shipped 365 thousand units, with 218% YoY growth, showing a triple-digit growth trend for 5 consecutive quarters, market intelligence provider, the International Data Corporation (IDC) said. The quarter had been a celebration time for Sinhalese New Year, Vesak Poya, and Poson,
Sri Lanka’s Exports Surge by 18-pct in October 2024
Dec 3, 2024 · As per the provisional data released by the Sri Lanka Customs, the country's merchandise export performance in October 2024 reached an impressive US$ 1,097.1 million. This marks an 18.22% increase compared to October 2023, mainly driven by growth in the export of Apparel & Textiles, Tea, Rubber-
Ambeon Holdings PLC Increases Stake in Seylan Bank and …
Dec 27, 2024 · Ambeon Holdings PLC, a diversified conglomerate with a strong presence across multiple sectors, continues to strengthen its position in Sri Lanka's financial services industry through strategic investments. Recently, the company increased its stake in Seylan Bank PLC by 0.98%, bringing its total hol