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Tourism in Sri Lanka faces many challenges, including the ongoing economic and political crisis. In 2018, tourist arrivals peaked at 2.5 million, who spent a total of US$5.6 billion in the country. However, the COVID-19 pandemic caused tourist numbers to decrease by 92% in 2020. As of 2022, tourist numbers have not rebounded from the pre-crisis ...
In September 2022, a United Nations report said that the economic crisis is a result of officials' impunity for human rights abuses and economic crimes. According to the Sri Lankan finance ministry, the country's foreign reserves had grown by 23.5% from US$1.7 billion in September 2022 to US$2.1 billion in February 2023, representing a US$400 ...
List of hotels in Sri Lanka. Jetwing Vil Uyana, Sigiriya is an eco hotel built on an abandoned paddy field. According to the Sri Lanka Tourism Development Authority (SLTDA), there are 156 classified tourist hotels and 228 unclassified tourist hotels in Sri Lanka. [1] Additionally, there are 40 boutique hotels, 51 boutique villas and 895 ...
The World Development Report ( WDR) is an annual report published since 1978 by the World Bank. Each WDR provides in-depth analysis of a specific aspect of economic development. Past reports have considered such topics as agriculture, youth, equity, public services delivery, the role of the state, transition economies, labour, infrastructure ...
Sustainability reporting. Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.
Melstacorp PLC is a Sri Lankan diversified conglomerate. It is listed in the Colombo Stock Exchange. Melstacorp PLC is one of the 10 largest listed companies. It has a market capitalization of approximately USD 450 million. Deshamanya Harry Jayawardena is the Chairman of the company.
The study attributes nearly $87 billion in annual statewide economic activity to port operations. [3] SCPA was created by the South Carolina General Assembly in 1942 by Act No. 626 (Title 54 - Ports and Maritime Matters in South Carolina Code of Laws) as an instrumentality of the State possessing the powers of a body corporate.
Citrus Leisure PLC is a hotel chain in Sri Lanka. The hospitality company owns and operates Citrus Waskaduwa, Citrus Hikkaduwa and the Steuart by Citrus. The company was incorporated as Hotel Reefcomber Limited in 1973. In 2010, the company was rebranded as Citrus Leisure when Dilith Jayaweera and Varuni Fernando of Triad Advertising bought a ...