Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Sri Lanka’s tourism revenue surges by $2.98bn

byCT Report
02/05/2016
in Uncategorized
Share on FacebookShare on Twitter

COLOMBO: Sri Lanka’s revenue from tourism rose to $2.98 billion from $349 million over the last six years after the island nation’s 26-year-old civil war ended in 2009.

In 2009, 4.48 lakh tourists arrived in Sri Lanka and the numbers rose to 17.98 lakhs in 2015, according to the 2015 Annual Report of the Central Bank of Sri Lanka (CBSL). Foreign exchange earnings from tourism ranked third, next to workers’ remittances and income from garment exports.

You might also like

FBR declares ICTPL Karachi as new off-dock customs terminal

05/06/2026

FBR clears Lahore Customs inspector in corruption case

05/06/2026

“The tourism industry is blooming in the Eastern and Northern provinces of the country,” the two regions hit hard by the strife. Seventy four tourism development projects including 56 in the East were completed in the past six years, according to the report.

An official in Jaffna said if the Palaly airport in Jaffna resumed flight services to Tiruchi, following the completion of the proposed modernisation with the technical and financial support of the Indian government, it would also result in greater tourist arrivals from India, especially central and southern parts of Tamil Nadu.

Tourist arrivals in 2015 recorded a 17.8 per cent increase over the previous year and 2015 revenue increased by 22.6 per cent.

Though India remained as the leading country of tourist origin with 3.16 lakh arrivals, tourists from China are evincing greater interest in Sri Lanka. Last year, the growth rate of Chinese tourists was 67.6 per cent with 2.15 lakh tourists visiting the country. However, in terms of regions, Western Europe continued to be the largest tourist origin with 5.52 lakh tourists.

“The travel and tourism’s direct and total contribution to both the Gross Domestic Product and employment of Sri Lanka is comparatively lower than regional competitors such as Maldives, Cambodia, Thailand and Malaysia,” according to the report. Besides, insufficient hotel rooms, lack of skilled and trained manpower and “inadequate interest” of leading hotel chains are among the challenges being faced by the industry.

  1. M. Withana, Chairman of the Sri Lanka Tourism Development Authority, told The Hindu that the authorities were taking various measures to take care of manpower requirements. These measures included workshops and courses, some of which covered the Eastern province. Top hotel chains such as Shangri-La and Hyatt were going ahead with their projects and many more were expected to materialise, he said. All these would address the issue of inadequacy in hotel rooms.

Related Stories

FBR declares ICTPL Karachi as new off-dock customs terminal

byCT Report
05/06/2026

KARACHI: The Federal Board of Revenue (FBR) has declared M/s International Cargo Terminal Pakistan (Pvt) Ltd. (ICTPL), Karachi, as an...

FBR clears Lahore Customs inspector in corruption case

byCT Report
05/06/2026

LAHORE: The Federal Board of Revenue (FBR) has cleared a Pakistan Customs inspector posted in Lahore in a corruption-related disciplinary...

KPRA team visits businesses to facilitate clearance of outstanding tax

byCT Report
05/06/2026

PESHAWAR: A team of Khyber Pakhtunkhwa Revenue Authority (KPRA) led by Additional Collector KPRA Miss Wazir and Assistant Collector Mardan-Malakand...

Pakistan’s total liquid foreign reserves stand $22.64b

byCT Report
05/06/2026

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 22,636 million as of May 29, 2026 while reserves...

Next Post

Faith turns to disbelief in Italy's banks

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.