Often celebrated for its golden beaches, rich history and wildlife, Sri Lanka offers much more than meets the eye. Beyond the well trodden paths of Galle, Ella
Author: LMD International
ANCIENT HEALING SECRETS Integrating local expertise and heritage into the wellness experience Wellness tourism in Sri Lanka is flourishing, leveraging the island’s natural beauty, rich healing traditions and global focus on holistic wellbeing. According to Vickum Nawagamuwage, the sector has undergone a significant transformation in recent years. “The pandemic shifted global priorities towards health, sustainability and purpose driven travel, placing Sri Lanka in an advantageous position,” he explains, adding: “Travellers today are not just seeking relaxation but experiences that heal the root cause of stress, imbalance and burnout.” Sri Lanka’s wellness tourism stands out by integrating authentic Ayurvedic practices, mindfulness…
Sustainability is now central to Sri Lanka’s tourism approach, aligning with global trends favouring eco-friendly travel
HANDLOOM SRI LANKA’S PRIDE Dominic Sansoni believes the local handloom trade can conquer global markets Steeped in heritage and artistry, Sri Lanka’s handloom sector is a treasure trove of culture, creativity and craftsmanship. According to available data, in 2020 approximately 962 manufacturers employed over 15,000 artisans across its vibrant landscape, weaving not just threads but the story of a nation. These products are celebrated for their exceptional quality, intricate designs and sustainable production; and they’re beginning to carve a unique niche in the world market. Yet, beneath the bright hues of the fabrics lie a tapestry of challenges that the…
For the 23rd year, Forbes’ Global 2000 ranks the largest public companies in the world using four metrics—sales, profits, assets and market value—and despite the geopolitical uncertainty and combativeness resulting from Donald Trump’s tariffs, all four reached records this year. The 2,000 companies on the 2025 list account for $52.9 trillion in annual revenue, $4.9 trillion in profit, $242.2 trillion in assets and $91.3 trillion in market cap. Those figures for profit, market value and assets have all at least tripled in the last 20 years, with total sales up 140% in that span, demonstrating how much globalization has helped…
2025 Growth Forecasts Cut for 70 Percent of Economies WASHINGTON, June 10, 2025—Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank’s latest Global Economic Prospects report. The turmoil has resulted in growth forecasts being cut in nearly 70% of all economies—across all regions and income groups. Global growth is projected to slow to 2.3 percent in 2025, nearly half a percentage point lower than the rate that had been expected at the start of the year. A global recession is…
The sector is a mix of large-scale exporters and numerous small and medium-size enterprises (SMEs). While large companies dominate export volumes, SMEs
Sri Lanka’s commitment to sustainability resonates with global market trends, making it a key differentiator in attracting investment
Good governance has become a priority for nations worldwide. According to Anne-Marie Cade, good governance revolves
The concept of sustainability is not new to Sri Lanka but over the past two decades, its interpretation and implementation have changed for the better