Colombo, October 2025 —The World Bank’s latest Sri Lanka Development Update projects economic growth of 4.6% for 2025, but warns that the recovery remains uneven and vulnerable to external shocks. The report, titled “Resilience in Transition,” highlights that while inflation has moderated and reserves have improved, household income levels have not returned to pre-crisis conditions. […]
Colombo, October 2025 —Sri Lanka’s tourism industry continues to surge, surpassing 1.75 million arrivals year-to-date, signaling a strong revival after years of disruption. October began with more than 34,000 arrivals in the first week alone, driven largely by markets such as India, China, Russia, and the Middle East. Tourism earnings have exceeded US$2.3 billion in […]
Colombo, August 2025The City of Dreams Sri Lanka, formerly known as Cinnamon Life, officially opened its doors in August 2025 as Sri Lanka’s first fully integrated resort. This landmark private investment is expected to transform the island’s high-end tourism, hospitality, and MICE (meetings, incentives, conferences, exhibitions) sector. Features and Offerings: Economic and Tourism Significance: Strategic […]
