Business Tips & Advice Events & Happenings Sri Lanka Business News Sri Lanka Latest News

SLTDA Goes Digital with GovPay: A Big Leap for Sri Lanka Tourism

📍 Colombo, Sri Lanka – September 17, 2025 The Sri Lanka Tourism Development Authority (SLTDA) has taken a bold step into the digital era by officially joining GovPay, the national digital payment platform. This move marks a major milestone in making Sri Lanka’s tourism industry faster, smarter, and more transparent. With GovPay, tourism operators can […]

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Business Tips & Advice Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

UAE’s Altera Acquisition Signals Big Bet on AI Chips

The United Arab Emirates (UAE) has made a landmark move in the global technology arena by acquiring Altera, a prominent player in semiconductor and AI chip manufacturing. This acquisition signals the UAE’s ambition to diversify its economy beyond oil and establish a leadership role in the rapidly growing artificial intelligence and semiconductor industry. Strategic Significance […]

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Events & Happenings Government & Economy Sri Lanka Business News Sri Lanka Latest News

Sri Lanka Targets 6% GDP Growth by 2026 Amidst Economic Challenges

Sri Lanka has announced an ambitious target of achieving 6% GDP growth by 2026, reflecting cautious optimism for economic revival after years of fiscal and structural challenges. The government’s plan emphasizes major reforms, infrastructure development, and investment promotion as key drivers to achieve sustainable economic growth. Growth Ambitions The medium-term economic framework laid out by […]

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