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Tourism Revival – A Golden Opportunity to Drive Sri Lanka’s Economic Recovery

Frontpage Journal | Business Insights Sri Lanka’s tourism industry is showing unmistakable signs of resurgence, with over 530,000 foreign arrivals recorded by early March 2025 and January alone generating $400.7 million, a 17% increase compared to last year. This momentum...

Is Sri Lanka Ready for a Digital Economic Leap?

Sri Lanka’s post-crisis reform narrative is beginning to embrace a new frontier with ambitious steps toward building a digitally enabled economy. While fiscal reforms, debt restructuring, and inflation control have dominated headlines, the government’s quiet but strategic push into...

Sri Lanka’s Economic Recovery- Growth with Fragile Foundations

Sri Lanka’s economy is displaying signs of a steady revival, but questions remain about the depth and durability of this rebound. With a recorded GDP growth of 4.8 percent in the first quarter of 2025, optimism is returning to...

City of Dreams and the Changing Face of Colombo’s Urban Economy

The launch of the City of Dreams Colombo marks a striking moment in Sri Lanka’s economic and urban narrative. With a price tag of 1.2 billion US dollars, the integrated resort, developed jointly by John Keells Holdings and Melco...

Can Tourism Reignite Sri Lanka’s Recovery or Will Red Tape Kill the Revival?

Tourism has long been one of Sri Lanka’s most resilient industries, bouncing back after civil war, terror attacks, and pandemics. Today, with global travel normalizing and Asia-Pacific demand on the rise, the island once again finds itself poised for...

The Post-Crisis Budget Challenge: Can Sri Lanka Balance Growth with Austerity?

As Sri Lanka prepares its national budget for 2025, the government faces a formidable challenge, to sustain economic growth while maintaining fiscal discipline in a fragile recovery environment. The primary budget deficit target of 2.3 percent of GDP sets...
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