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Sri Lanka Garners Global Recognition for its Tourism & Hospitality Excellence

Daily FT

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September 26, 2025

Sri Lanka is steadily reclaiming its place on the world tourism map, not just for its natural beauty and cultural heritage, but for its excellence in hospitality, innovation, and sustainable transformation.

Recent awards and milestones highlight how the island nation has been elevated in global perception, offering both travelers and stakeholders a compelling story of revival, commitment, and progress.

One of the most visible recognitions came in early 2025, when Sigiriya was named World's Most Welcoming City by Booking.com. Based on over 360 million traveler reviews, this accolade validates what many international visitors already sense: Sri Lankan warmth, rich cultural immersion, and deeply rooted traditions coupled with modern hospitality standards.

Closely tied to this is Sigiriya's elevation as Sri Lanka's first sustainable tourism destination. In January 2025, Green Destinations — a body recognised under the Global Sustainable Tourism Council — completed a rigorous audit and awarded Sigiriya a Bronze certification, officially marking the region's sustainable efforts. This recognition acknowledges not just the natural and historical assets, but the integrated approach involving infrastructure, community involvement, capacity assessments, and visitor management.

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NTB shares soar, CEO says HSBC deal underlines global shifts, local ascent

NATIONS Trust Bank PLC (NTB) shares closed up 22.72% yesterday, up Rs. 72.25 to Rs. 390.25, following Wednesday's announcement of the bank's proposed Rs. 18 billion acquisition of Hongkong and Shanghai Banking Corporation's (HSBC) Sri Lanka retail banking business, which marks one of the largest portfolio transfers in recent years and reflects the broader retreat of global banks from consumer segments in Asia.

time to read

4 mins

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Daily FT

Sampath Bank leads Rs. 33.5 b syndicated loan facility for CEB

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time to read

1 min

September 26, 2025

Daily FT

CSE revises debt securities transaction fees

THE Colombo Stock Exchange (CSE) has announced a revision to the transaction fees applicable to corporate debt securities traded on its Automated Trading System (ATS) following approval from the Department of Fiscal Policy of the Ministry of Finance.

time to read

1 min

September 26, 2025

Daily FT

Sri Lanka urges action against poverty, corruption, and war at UNGA

PRESIDENT Anura Kumara Disanayake in his inaugural speech at the 80th session of the UN General Assembly yesterday delivered a passionate call to the international community, urging for decisive action to confront the world's most pressing challenges.

time to read

1 min

September 26, 2025

Daily FT

SEC unveils 12-pillar plan to transform capital market

THE Securities and Exchange Commission of Sri Lanka (SEC) has launched its \"12 Key Capital Market Development Projects - One Vision for a Resilient Market\", a reform agenda aimed at modernising the Colombo Stock Exchange (CSE), broadening products, and deepening investor participation.

time to read

2 mins

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Daily FT

EY says new Port City incentive significant with sharper focus on scale, timing

EY Sri Lanka has said the new Colombo Port City tax regulations shift incentives firmly toward investment scale and execution certainty, offering up to 15-year income tax holidays for large projects while requiring investors to align closely with licencing and designation stages to secure benefits.

time to read

2 mins

September 26, 2025

Daily FT

Exporters fear $ 80 m monthly cash crunch if SVAT removed and no refund system

WITH just five days to go before the Government abolishes the Simplified Value Added Tax (SVAT) regime, leading export associations yesterday voiced deep concerns and warned of a looming cash flow crisis that could choke the country's $ 19 billion export target for 2025.

time to read

6 mins

September 26, 2025

Daily FT

SLBA presents Budget proposals to drive economic recovery

THE Sri Lanka Banks' Association (SLBA), the apex body representing the collective voice of the licenced commercial banks, has submitted a far-reaching set of proposals for inclusion in the upcoming 2026 Budget.

time to read

3 mins

September 26, 2025

Daily FT

Sri Lanka makes its biggest push to woo Japanese interests

SRI Lanka via a private-public initiative will make its biggest push to woo Japanese interests with key engagements in Osaka and Tokyo starting tomorrow and spanning five days.

time to read

4 mins

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Daily FT

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Sri Lanka Tourism Expo 2025 brings together youth, SMEs and international experts

SRI Lanka Tourism Expo will officially inaugurate tomorrow, (27) at One Galle Face with the Colombo Travel Mart, organised for the third consecutive time in partnership with SLAITO.

time to read

6 mins

September 26, 2025

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