SRI LANKA NEWS (JULY 2022) Compiled by Victor Melder Sri Lanka Tourism Development Authority (SLTDA) says the number of tourists coming to Sri Lanka has decreased by 60 percent in last month. Director General of SLTDA Dhammika Wijesinghe said this situation has arisen in view of the crisis atmosphere in the country. According to SLTDA, 106,500 tourists arrived in the island in March 2022 and the tourist arrivals have decreased to 32,856 in the month of June Tourism Development Authority Director General Dhammika Wijesinghe said. July and August are the two months when most tourists visit the island. During those two months, the tourists mostly visit the eastern part of the country. Apart from that more tourists tend to visit Kandy area in August. The Director General said in view of the current situation, about 40 percent of the pre-bookings of tourist hotels in Sri Lanka have been canceled by ...

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Shares edge up Source:Island ECONOMYNEXT –Sri Lanka’s share edged up in mid-day on July 22, brokers said as the market is waiting for key developments in the government after the appointment of the new president.The main All Share Price Index was 0.14 percent or 10.93 points stronger to 7,747.30 at 1145 hours.The new President Ranil Wickremesinghe appointed his classmate and former minister Dinesh Gunawardene as the Prime Minister of the crisis-hit island nation that has plunged into a political crisis on July 22. The most liquid index S&P SL20 was down 0.24 percent or 5.94 points to 2,471.73.The market generated a turnover of 548 million rupees.Top gainers were LIOC, John Keells Hotels and Sunshine Holdings. ...

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