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COVID-19 and the Sri Lankan Economy

Source: Monthly Tourist Arrivals Report, February 2020, Sri Lanka Tourism Development Authority.  Table 2 highlights the tourist arrivals from the top 10 tourist markets in February 2019 and February 2020 along with a comparison with April 2020. With the declining trend of Chinese tourist arrivals due to COVID-19, the UK, Russia and Germany have become the topmost countries providing tourists to Sri Lanka after India. Nevertheless, the majority of European countries are suffering from COVID-19 and, therefore, the tourism sector of Sri Lanka has been dramatically affected, especially after losing tourists from European countries. In the immediate aftermath of the pandemic, that is in April 2020, tourist arrivals saw a significant decline. Further, tourist arrivals from all the top markets dropped from 84% to 100% by 2021 when compared with the 2019 figures for the same. As a result, Sri Lanka’s total tourist arrivals during the period between January to April 2021 have dropped by

Online workshop on developing Recreational Boating

As an initiative of the Commercial section of the High Commission of Sri Lanka in Singapore, an online workshop on the Development of Recreational Boating Industry in Sri Lanka was held on May 11. The event was co-host by the Sri Lanka Export Development Board and the Singapore Boating Industry Association, and supported by the Singapore -Sri Lanka Business Council and the Boat Building Technology Improvement Institute of Sri Lanka. Over 100.

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