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Sri Lanka received over 750,000 tourists and earned foreign exchange revenue amounting to USD 800 million during the first seven months of this year, according to a statement from the President’s Media Division (PMD).Quoting State Minister of Tourism Diana Gamage, the PMD said this accomplishment played a crucial role in bolstering Sri Lanka’s foreign reserves, Continue Reading
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Sri Lanka is counting on tourists from India, its primary source market, to boost foreign exchange earnings and aid economic recovery, as the island expects fewer tourists from Europe amid the ongoing recession. Sri Lanka is banking on its primary tourism source market, India to aid recovery and boost foreign exchange earnings. The island nation […]Continue Reading
Top Stories Trade News
Thomas Cook (India) Limited has earmarked the overseas education segment as a significant and growing opportunity. Foreign Exchange is a noteworthy driver of the company’s business and the overseas education segment having witnessed a strong YoY increase of over 162% for FY23, is displaying accelerated growth. With a strategic intent to expand its market share […]Continue Reading
OTAs Top Stories
EaseMyTrip aims to launch a currency exchange service, and for this will apply for a Full-Fledged Money Changer License (FFMC) from the Reserve Bank of India (RBI). It will enable customers to easily convert their currencies to local tenders. Acquiring this license will enable EaseMyTrip to offer to extend its portfolio and offer one of […]Continue Reading
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