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Local News

Sri Lanka’s Expressway Network Maintenance Costs Surpass Rs. 5 Billion Annually.

May 20, 2026 at 6:30 AM

Transport Minister Bimal Rathnayake has disclosed that maintaining Sri Lanka’s 312.57km expressway network costs over Rs. 5.1 billion annually, while reporting significant revenue generation for 2025.

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Sri Lanka’s Expressway Network Maintenance Costs Surpass Rs. 5 Billion Annually
Image Credit : sundaytimes.lk
Economy
Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure
Image Source : newswire.lk

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

May 19, 2026 at 4:22 AM
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Local News
Indian Prime Minister's Travel Advice Sparks Concern for Sri Lanka's Tourism Sector
Image Source : globalpolitics.in

Indian Prime Minister's Travel Advice Sparks Concern for Sri Lanka's Tourism Sector.

May 16, 2026 at 7:16 PM
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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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Middle East

Soaring Fuel Costs Trigger Economic Crisis for Yemeni Households.

May 8, 2026 at 9:15 AM

The Yemeni government has implemented a 24% fuel price hike, citing regional tensions and disrupted shipping. This move has pushed transportation costs higher, severely impacting the livelihoods of ordinary citizens.

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Soaring Fuel Costs Trigger Economic Crisis for Yemeni Households
Image Credit : aljazeera.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

Essential Pre-Trip Checklist for Stress-Free Family International Travel.

Traveling internationally with children requires more than just standard preparation. A seasoned parent who has visited 30 countries shares four critical safety and logistics steps to ensure a smooth journey.

April 26, 2026 at 1:19 PM
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Travel
Maximizing Travel Rewards in an Era of High Jet Fuel Costs
Image Source : loyoly.io

Maximizing Travel Rewards in an Era of High Jet Fuel Costs.

April 18, 2026 at 9:38 AM
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The Shifting Economics of Travel: Is Airbnb Still Cheaper Than Hotels in 2026?
Image Source : airroi.com
Travel•
April 18, 2026 at 4:13 AM

The Shifting Economics of Travel: Is Airbnb Still Cheaper Than Hotels in 2026?.

Recent data analysis for 2026 reveals that hotels are now more cost-effective than Airbnb for solo travelers and couples in most US markets due to rising service fees and cleaning costs on short-term rentals.

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Sports

World Cup Fans Face Massive Transport Costs in New Jersey and Boston.

April 17, 2026 at 7:49 PM

Fans traveling to World Cup matches at MetLife Stadium and Gillette Stadium will face significantly higher transit costs, with New Jersey round-trip fares surging to $150. Officials defend the hike as a necessary step to recover operational expenses.

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Economy
Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs
Image Source : sudanindependent.net

Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs.

April 16, 2026 at 4:54 AM
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Travel
Exploring the Caribbean on a Budget: Is a $100-a-Night Cruise Worth It?
Image Source : businessinsider.com

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

April 8, 2026 at 4:07 PM
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Travel
Airlines Hike Baggage Fees as Fuel Costs Skyrocket Amid Global Conflict
Image Source : newsweek.com

Airlines Hike Baggage Fees as Fuel Costs Skyrocket Amid Global Conflict.

April 7, 2026 at 12:53 PM
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Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent
Image Source : tribuneindia.com
World News•
April 5, 2026 at 5:04 AM

Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent.

Record-high fuel price hikes in Pakistan have forced transporters to increase passenger and freight fares by up to 65%, sparking widespread public outcry and warnings of industrial stagnation.

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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
Local News
Global Aviation Shifts: How Middle East Instability Is Impacting Sri Lankan Tourism
Image Source : thetraveler.org

Global Aviation Shifts: How Middle East Instability Is Impacting Sri Lankan Tourism.

April 4, 2026 at 10:31 AM
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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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Luxury Travel Surge: High-Net-Worth Americans Face Premium Costs for Spring Getaways
Image Source : news.bloomberglaw.com
Travel•
April 2, 2026 at 1:03 PM

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

Affluent American travelers are encountering significantly higher costs for spring vacations as the demand for elite, luxury hospitality experiences continues to outpace the supply of high-end developments.

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