Economic
The economy in 2021 has grown by 3.7% reflecting a turnaround from a 3.6% contraction in the previous year amidst the COVID pandemic.
ආර්ථීක අර්බුදයෙන් දැඩිලෙස පීඩාවිඳින පහළ ආදායම් ලබන ජනකොටස් වෙනුවෙන් දිගු කාලීන සහන වැඩපිළිවෙළක් ක්‍රියාත්මක විය යුතු බව කොළඹ විශ්ව විද්‍යාලයේ ආර්ථික විද්‍යා අධ්‍යයන අංශයේ ජ්‍යෙෂ්ඨ කථිකාචාර්ය ආචාර්ය ප්‍රියංග දුනුසිංහ පවසනවා.
The country’s premier private sector lobby group, the Ceylon Chamber of Commerce yesterday expressed grave concerns about the far-reaching adverse consequences of certain actions being taken by the Government on economic activity such as tourism, trade, exports and e-commerce dependent on social media platforms, while appreciating the need to maintain law and order and public security in the country.
S&P circuit breaker trips twice and closes in the red as locals fret over worsening ground situation
Foreigners seize opportunity of bargains; net foreign inflow near Rs. 1.5 b mark in March
Records highest post-COVID arrivals figure of 106,500 and surpassed 100,000 tourists in a month after 2 years
Arrivals up 14% from February, cumulative figure of Q1 at 285,334
India dominates tourist traffic followed by Russia, UK, Germany and France by end of Q1
Traveller confidence, aggressive tourism promotions, French adventure trail ‘Raid Amazones’, continued service from more international airlines were key reasons for surge in March arrivals
Industry experts wary about achieving 150,000 monthly target given multiple crises and violent protests
Proposes new promotional campaigns targeting India, Australia, Middle East, US, Canada to overcome impact from Russia-Ukrainian conflict
Govt. expects to generate $ 2.4 b, whilst expecting 1.3 m visitors by year end
Tourism Minister Prasanna Ranatunga believes achieving these targets will help SL overcome forex crisis
95,377 tourists arrive as of 27 March pushing cumulative figure to 274,211
India leads as top market with 45,460 travellers followed by Russia 37,355 and UK 28,637
SL Tourism Chief optimistic of achieving 1.3 m arrivals target with India as biggest market
Highlights number of initiatives to overcome power and energy shortages
වැඩි මිලට විදේශ මුදල් ගණුදෙනු කළ බලයලත් මුදල් හුවමාරු ආයතන දෙකකට අවවාදාත්මක නිවේදන නිකුත් කළ බව ශ්‍රී ලංකා මහ බැංකුව පවසනවා. එලෙස අවවාදාත්මක නිවේදන නිකුත් කර ඇත්තේ “ස්විස් මනී එක්ස්චේන්ජ්” පුද්ගලික සමාගමට සහ “වෙස්ටර්න් මනී එක්ස්චේන්ජ්” පුද්ගලික සමාගමටයි.
The Colombo stock market yesterday suffered a fresh jolt with trading suspended for a half-hour following the S&P SL20 index dropping by 5% as local investor sentiment remained besieged. The setback was despite improved turnover and volume whilst foreigners continue to be net buyers. The CSE ended the day with S&P SL20 down by 4.77% and the benchmark ASPI dipping 4.88% to below 10,000 points level for the first time since October last year.
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