Skip to content
Search

Latest Stories

Sri Lankan president assures hoteliers maximum financial help to revive tourism

Sri Lankan president Maithripala Sirisena has assured hoteliers that the government will give them maximum financial relief to revive the lucrative tourism industry hit by the country's worst terror attack on Easter Sunday that killed 253 people, including 42 foreigners.

Tourism accounts for about five per cent of Sri Lanka's economy, with India, Britain and China being the main markets.


India is the largest source market for Sri Lanka, which received 2.3 million tourists from around the world in 2018.

Around 450,000 Indian tourists visited Sri Lanka last year and the island nation was expecting the total Indian tourist arrivals to cross one million in 2019.

President Sirisena acknowledged during his meeting on Monday with the country's hoteliers that the tourism and hotel industries were worst hit after the string of powerful blasts ripped through three churches and as many luxury hotels on Easter Sunday, killing 253 people and injuring more than 500 others.

The bombs tore through three five-star hotels in Colombo: the Cinnamon Grand, the Shangri La and the Kingsbury. Forty two foreigners, including 11 Indian nationals, died in the attacks.

Sirisena requested Central Bank Governor Indrajit Coomaraswamy to provide "maximum financial relief" immediately to the hoteliers, Sunday Times reported.

Hotels Association president Sanath Ukwatte said hoteliers had invested large sums of money in the development of the hotels and requested the government to provide a moratorium or waiver on the capital and interest for a period of at least two years.

During the meeting, the hoteliers also asked the government to hire the services of a professional public relations and communications unit to send out one message to the world.

President Sirisena agreed to appoint a Cabinet sub-committee to look into the requirements of the hoteliers, the report said.

The meeting was also attended by Prime Minister Ranil Wickremesinghe, Ministers, ministry officials and members of the industry.

The Easter Sunday blasts were the first time that tourists were specifically targeted.

Following the bombings, the US, Britain, Australia, India and Israel warned their nationals against visiting Sri Lanka.

Finance minister Mangala Samaraweera recently told reporters that tourism will be the worst affected.

"We expect a 30 per cent drop in arrivals and that means a loss of about USD 1.5 billion in foreign exchange," Samaraweera said, adding that the country could take up to two years to fully recover from the deadly bombings which shattered a decade of peace in the country.

Mount Lavinia Hotel south of the capital, a popular site for the tourists, has said there have been a large number of cancellations. Galle Face Hotel top official Chandra Mohotti also said "there will be huge cancellations".

In his first reaction to Sunday's blasts, Prime Minister Wickremesinghe said tourism industry will be hit by the blasts.

"There will be a downward trend, Tourism will get affected. There may be fund outflows," Wickremesinghe said.

The industry officials said the rebound from the attacks would depend on the security measures to be adopted.

Sri Lanka's tourism industry faced a difficult time until a decade ago due to the three-decade civil war with the LTTE which claimed at least 100,000 lives. However, in the recent years the island nation has emerged as a top tourist destination in Asia.

(PTI)

More For You

Trump

Trump said the suspect had been arrested earlier for 'terrible crimes,' including child sex abuse, grand theft auto and false imprisonment, but was released under the Biden administration because Cuba refused to take him back.

Getty Images

Trump says accused in Dallas motel beheading will face first-degree murder charge

US PRESIDENT Donald Trump has described Chandra Mouli “Bob” Nagamallaiah, the Indian-origin motel manager killed in Dallas, as a “well-respected person” and said the accused will face a first-degree murder charge.

Nagamallaiah, 50, was killed last week at the Downtown Suites motel by co-worker Yordanis Cobos-Martinez, a 37-year-old undocumented Cuban immigrant with a criminal history.

Keep ReadingShow less
Starmer Mandelson

Starmer talks with Mandelson during a welcome reception at the ambassador's residence on February 26, 2025 in Washington, DC.

Getty

Starmer under pressure from party MPs after Mandelson dismissal

PRIME MINISTER Keir Starmer is facing questions within the Labour party after the sacking of US ambassador Peter Mandelson.

Mandelson was removed last week after Bloomberg published emails showing messages of support he sent following Jeffrey Epstein’s conviction for sex offences. The dismissal comes just ahead of US president Donald Trump’s state visit.

Keep ReadingShow less
Nepal’s new leader pledges to act on Gen Z calls to end corruption

Officials greet newly-elected Prime Minister of Nepal's interim government Sushila Karki (R) as she arrives at the prime minister's office in Kathmandu on September 14, 2025. (Photo by PRABIN RANABHAT/AFP via Getty Images)

Nepal’s new leader pledges to act on Gen Z calls to end corruption

NEPAL’s new interim prime minister Sushila Karki on Sunday (14) pledged to act on protesters’ calls to end corruption and restore trust in government, as the country struggles with the aftermath of its worst political unrest in decades.

“We have to work according to the thinking of the Gen Z generation,” Karki said in her first address to the nation since taking office on Friday (12). “What this group is demanding is the end of corruption, good governance and economic equality. We will not stay here more than six months in any situation. We will complete our responsibilities and hand over to the next parliament and ministers.”

Keep ReadingShow less
UK secures £1.25bn US investment ahead of Trump’s visit

US president Donald Trump and UK prime minister Sir Keir Starmer arrive at Trump International Golf Links on July 28, 2025 in Balmedie, Scotland. (Photo by Jane Barlow-WPA Pool/Getty Images)

UK secures £1.25bn US investment ahead of Trump’s visit

THE British government has announced over £1.25 billion ($1.69bn) in fresh investment from major US financial firms, including PayPal, Bank of America, Citigroup and S&P Global, ahead of a state visit by president Donald Trump.

The investment is expected to create 1,800 jobs across London, Edinburgh, Belfast and Manchester, and deepen transatlantic financial ties, the Department for Business and Trade said.

Keep ReadingShow less
Nearly 150,000 join anti-migrant protest in London as clashes erupt

Protesters wave Union Jack and St George's England flags during the "Unite The Kingdom" rally on Westminster Bridge by the Houses of Parliament on September 13, 2025 in London, England. (Photo by Christopher Furlong/Getty Images)

Nearly 150,000 join anti-migrant protest in London as clashes erupt

MORE THAN 100,000 protesters marched through central London on Saturday (13), carrying flags of England and Britain and scuffling with police in one of the UK's biggest right-wing demonstrations of modern times.

London's Metropolitan Police said the "Unite the Kingdom" march, organised by anti-immigrant activist Tommy Robinson, was attended by nearly 150,000 people, who were kept apart from a "Stand Up to Racism" counter-protest attended by around 5,000.

Keep ReadingShow less