header logo
Asia asset finance
Mogo Academy
Latest
Sri Lanka’s tourism earnings surge by 56% compared to 2023
Dec 09, 202402:06 PM
Sri Lanka’s tourism earnings surge by 56% compared to 2023
Mobitel Inner

The latest statistics of Sri Lanka Tourism Development Authority (SLTDA) revealed a total of 1,804,873 tourist arrivals so far this year, bringing the count much closer to the target of 2.3 million tourist arrivals set for 2024. 

 

The recent report revealed 184,158 tourist arrivals in the country between November 01 and 30. During the third week of last month, 42,376 tourist arrivals were recorded as the highest number of arrivals. 

 

The highest number of tourists arrived from India, with a total of 41,120 Indian tourists touching down in Sri Lanka while the Russian Federation had the second highest number of tourist arrivals, with a total of 29,053 arrivals. 

 

Meanwhile, the Central Bank of Sri Lanka’s (CBSL) economic indicator report revealed that the tourism earnings have increased up to USD 272.9 million this November, compared to last year’s November earnings of USD 205.3 million. 

 

Overall, the tourism earnings from January to November for 2024 is USD 2.8 billion, indicating a 56% increase compared to last year’s earnings of USD 1.7 billion between January and November.

 

In the meantime, Sri Lanka’s foreign remittances from migrant workers deposited in November this year has amounted to USD 530.1 million, marking an improvement compared to the USD 517.4 million figure recorded in October.

 

The CBSL reported that workers’ remittances recorded in August 2024 show an increase of USD 425 million compared to the same period last year.

 

In 2023, workers’ remittances amounted to USD 5.39 billion from January to November. 

 

In comparison, foreign remittances recorded from January to November 2024 stands at USD 5.96 billion.

 

Accordingly, the cumulative influx of foreign remittances from January to November this year reflects a year-on-year growth of 10.4%.

 

 

 

MostRead
Mobitel Upahara
VideoStories
 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

 Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

32 dengue related deaths reported this year : Public not taking situation seriously

32 dengue related deaths reported this year : Public not taking situation seriously

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

 Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

Lassana Flora