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Economy

Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure.

May 19, 2026 at 4:22 AM

Central Bank Governor Dr. Nandalal Weerasinghe has warned that Sri Lanka's vehicle import costs could hit $2.4 billion by the end of 2026, driven by a $600 million expenditure in the first quarter alone.

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Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure
Image Credit : newswire.lk
Local News

Sri Lanka Sets Ambitious $10 Billion Tourism Revenue Target for 2030.

The Sri Lanka Hotels Association proposes a strategic investment of $50 million annually in destination marketing starting in 2027 to achieve a $10 billion tourism revenue goal by 2030, surpassing the government's current $8 billion target.

May 19, 2026 at 2:12 AM
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Lifestyle
Mastering the Balance: How to Manage Freelance Work During Family Vacations
Image Source : kiddieacademy.com

Mastering the Balance: How to Manage Freelance Work During Family Vacations.

May 14, 2026 at 11:24 AM
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Aviation

Soaring Jet Fuel Costs Set to Drive Up European Airfares.

International Air Transport Association head Willie Walsh warns that rising jet fuel prices, exacerbated by Middle East instability, will inevitably lead to higher airfares in Europe despite temporary discounting.

May 14, 2026 at 3:13 AM
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Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices
Image Source : businessinsider.com
Business•
May 12, 2026 at 9:34 PM

Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices.

As global oil prices remain above $100 per barrel due to the conflict in Iran and the closure of the Strait of Hormuz, airlines are facing a severe crisis. With fuel costs nearly doubling, carriers are passing these expenses to travelers, leading to significant increases in airfares.

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Travel

Smart Travel Strategy: 4 Things to Avoid When Exploring New Cities.

May 7, 2026 at 4:19 PM

A seasoned traveler with experience across all 50 U.S. states shares practical advice on how to manage vacation budgets by avoiding common pitfalls like expensive souvenirs, poor hotel choices, and unnecessary rental cars.

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Smart Travel Strategy: 4 Things to Avoid When Exploring New Cities
Image Credit : erika.com
Economy

Tracking Global Capital: How Surging Private Jet Routes Reveal Wealth Shifts.

Data from the latest wealth reports indicates significant shifts in private aviation, highlighting how ultra-high-net-worth individuals are moving capital and adopting multi-city lifestyles across key global hubs.

May 2, 2026 at 10:00 AM
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Travel
Inside the Norwegian Luna: Is a $2,850 Balcony Cabin Worth the Premium?
Image Source : cruisecritic.com

Inside the Norwegian Luna: Is a $2,850 Balcony Cabin Worth the Premium?.

April 10, 2026 at 5:25 PM
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Technology
NASA's Multi-Billion Dollar Artemis Ambitions Under Scrutiny
Image Source : planetary.org

NASA's Multi-Billion Dollar Artemis Ambitions Under Scrutiny.

April 10, 2026 at 4:44 PM
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Exploring the Caribbean on a Budget: Is a $100-a-Night Cruise Worth It?
Image Source : businessinsider.com
Travel•
April 8, 2026 at 4:07 PM

Exploring the Caribbean on a Budget: Is a $100-a-Night Cruise Worth It?.

A solo traveler shares their experience on a $700, seven-night budget cruise through the Dominican Republic, highlighting the balance between dated ship amenities and high-value destination access.

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Local News

Sri Lanka Tourism Faces $70 Million Monthly Revenue Hit Amid Middle East Instability.

April 4, 2026 at 9:27 PM

Escalating geopolitical tensions in the Middle East have caused a significant disruption in global travel routes, leading to a 19.7% decline in tourist arrivals for Sri Lanka and a monthly revenue loss of approximately $70 million.

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Sri Lanka Tourism Faces $70 Million Monthly Revenue Hit Amid Middle East Instability
Image Credit : srilankachronicle.com
Business
Private Jet Charter Costs Surge Amid Global Fuel Price Spike
Image Source : economictimes.indiatimes.com

Private Jet Charter Costs Surge Amid Global Fuel Price Spike.

April 3, 2026 at 1:04 PM
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Economy
Soaring Energy Costs and Geopolitical Instability Dampen U.S. Travel Outlook
Image Source : nomadlawyer.org

Soaring Energy Costs and Geopolitical Instability Dampen U.S. Travel Outlook.

April 2, 2026 at 2:04 PM
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Travel
Luxury Travel Surge: High-Net-Worth Americans Face Premium Costs for Spring Getaways
Image Source : news.bloomberglaw.com

Luxury Travel Surge: High-Net-Worth Americans Face Premium Costs for Spring Getaways.

April 2, 2026 at 1:03 PM
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Soaring Airfares and Airport Congestion: Is the Era of Budget Travel Ending?
Image Source : travel.yahoo.com
Travel•
April 1, 2026 at 9:44 AM

Soaring Airfares and Airport Congestion: Is the Era of Budget Travel Ending?.

Rising fuel costs and operational hurdles are driving up ticket prices, forcing travelers to reconsider their flying habits as they face the dual challenge of expensive fares and busy airports.

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