Category: Sri Lanka
-
Millionaires
Sri Lanka had around 5,000 millionaires in 2016, and that number is projected to grow to 13,000 by 2026. These figures include individuals with assets exceeding USD 1 million. Additionally, Sri Lanka has: While the country’s overall economy previously faced challenges, private significant wealth remains, especially in sectors like finance, real estate, and tourism. If…
-
Trincomalee
Trincomalee attracts strategic stakeholders, investors, and development partners. The port’s boasts unmatched natural assets, the potential of Public-Private Partnerships (PPPs), and the broader economic canvas of the region. Gateway to Maritime Prosperity On the eastern coast of Sri Lanka lies a sleeping giant, Trincomalee. Known for its pristine beaches, rich cultural heritage, and strategic location,…
-
Voyage Sri Lanka Achievements
Success stories from previous Voyage Sri Lanka events that demonstrate the impact and potential of this initiative: Notable Case Studies from Past Voyage Events Colombo Dockyard PLC Expansion Following Voyage Sri Lanka 2024, Colombo Dockyard secured new international contracts for shipbuilding and repair, boosting foreign revenue and showcasing Sri Lanka’s industrial capabilities. BOC–EDB Partnership for…
-
Traders Invaders Occupiers
timeline of key countries and civilizations that came to trade, not conquer: Ancient to Medieval Trade Visitors Colonial and Early Modern Trade Powers 🌏 Modern Trade Agreements & Partners
-
Sri Lanka Tourism Development Digital Land Bank
Explore Sri Lanka’s New Digital Land Bank for Tourism Development List to our podcast for an overview of the opportunities Current at : June 2025 Sri Lanka Tourism Development Authority (SLTDA), is launching a digital land bank, the Land Bank Management Information System (LBMIS), offering over 3,000 acres of state-owned land on 33-year leases to both local…
-
Sri Lanka’s Economic Trajectory and Investment Landscape – June 2025
Here is a look at Sri Lanka’s Economic Trajectory and Investment Landscape with information available in June 2025. Recent developments and expert commentary regarding Sri Lanka’s economic strategy, investment climate, and tourism sector. suggest that key themes include a renewed push for foreign and domestic investment. Also a strategic focus on tourism development both land…
-
Absolutely, Steve. Here’s a compelling article to inspire the next chapter in your travel journal, perhaps even for PalmSail: Unveiling Sri Lanka: An Adventure Woven in Teak, Tea, and Tide There’s a place where the air tastes of cinnamon and the landscapes shift like scenes from a dream—welcome to Sri Lanka. Tucked into the lap…
-
Official 2025 2026 holidays
Official Holidays in Sri LankaSri Lanka observes a mix of national, religious, and cultural holidays, including Independence Day, Sinhala and Tamil New Year, and Christmas. Many businesses and most government offices close on these days, and celebrations vary depending on the occasion. Poya DaysPoya Days are Buddhist holidays that occur every full moon. These days…
-
Commodity Insights Trends
Sri Lanka’s commodity market plays a crucial role in the nation’s economy, driven by exports of tea, rubber, coconut, and spices. With evolving global trade dynamics, wise investors and traders stay informed about market trends, economic shifts, and trading strategies to navigate the landscape effectively. Current Market OverviewThe Sri Lankan commodities market is projected to…
-
What is “CIFNingbo”
CIF (Cost, Insurance and Freight) refers to an “Incoterm” (shipping code) used in international trade. The seller is responsible for the cost of goods, insurance, and freight to the buyer’s designated port of destination. For example “CIF Ningbo” “CIF” means Cost, Insurance and Freight “Ningbo” means the port in China (near Shanghai) The seller is…