Try GOLD - Free
3 m arrivals target out of reach
Daily FT
|September 11, 2025
Tourism Deputy Minister Prof. Ruwan Ranasinghe concedes shortfall of arrivals will likely reach just over 2.5 m amid policy delays and operational bottlenecks Acknowledges limited BIA slots stall charter flights; but explores Mattala options Notes free-visa scheme for 47 countries still pending AG clearance with rollout likely in early October Discloses Govt. mulls long-term visas for elderly Europeans to boost extended stays and wellness tourism Industry stakeholders warn policy delays go deeper than missing statistical target, risking long-term competitiveness
SRI Lanka's much-publicised target of welcoming 3 million tourists in 2025 is slipping out of reach, with the Government now conceding that actual arrivals will likely fall short by at least half a million.
Tourism Deputy Minister Prof.Ruwan Ranasinghe said the country will not reach its ambitious target of 3 million arrivals, but will not downsize its target.
"Realistically, we will not reach the 3 million target this year, but we will not downgrade our target.
With just three months left, I feel we will end up just over 2.5 million," Prof. Ranasinghe told the Daily FT.
To hit the official goal, SriLanka would need to attract nearly 1.4 million more visitors in the remaining 16 weeks, requiring a weekly inflow of over 87,000 arrivals, which is over double the current rate.
Industry analysts opined such numbers are mathematically impossible without the kind of demand boost only a global marketing campaign could deliver.
This story is from the September 11, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
Govt. fast-tracks BESS push to manage renewables surge
Cabinet green lights 50 MW BESS and 25 projects of 10 MW/40 MWh single systems
2 mins
April 07, 2026
Daily FT
National poverty line eases in Feb.
SRI Lanka’s national poverty line increased to Rs. 16,730 per person per month in January, up from Rs. 16,334 a year earlier, before easing to Rs. 16,571 in February, according to official district-level estimates released by the Department of Census and Statistics.
1 min
April 07, 2026
Daily FT
Burden-sharing or burden-shifting? The Gulf and the cost of war
In the midst of an escalating confrontation between the United States, Israel, and Iran, a striking proposition has reportedly emerged from Washington: that Arab states—particularly those of the Gulf—should help finance the war effort.
5 mins
April 07, 2026
Daily FT
Fixing Sri Lanka’s innovation problem: Start with the right problems
SRI Lanka’s innovation narrative stands at a critical crossroads.
4 mins
April 07, 2026
Daily FT
VAT on digital services delayed again
Analysts charge lopsided playing field gives non-residents 20% price advantage
2 mins
April 07, 2026
Daily FT
Oil see-saws and tops $ 110
GLOBAL oil prices traded volatile yesterday, briefly surging above $ 110 per barrel after US President Donald Trump threatened to target critical infrastructure in Iran if shipping through the Strait of Hormuz is not restored.
1 min
April 07, 2026
Daily FT
President chairs meeting with heads of banks and financial institutions
CBSL Chief Dr. Nandalal Weerasinghe flags high cost for dispensing cash transaction services through ATMs; moots transition to new low-cost measures
1 mins
April 07, 2026
Daily FT
President urges QR shift to formalise economy, improve subsidy targeting
Says banks’ proactive measures key to behavioural shift; Asserts importance of data-driven policies to boost economic transparency; Highlights integrating culture with digital systems towards $ 15 b digital economy; Digital Economy Deputy Minister Eng. Eranga Weeraratne says initiative can bridge gap by changing both consumer behaviour and transaction patterns; CBSL Governor Dr. Nandalal Weerasinghe believes zero-cost for low-value QR payments, introduction of person-to-person QR payments will boost uptake
4 mins
April 07, 2026
Daily FT
Rs. 13 b fraud-hit NDB numbs banking sector; CBSL reassures
Banking regulator says 'satisfied' with financial strength of NDB though hit by biggest fraud; Says informed by NDB that fraud could lead to significant loss; no customer accounts, deposits affected
7 mins
April 07, 2026
Daily FT
Cabinet green lights Rs. 626 m digital public sector communication platform
IN a major step towards public sector digitalisation, the Cabinet of Ministers last week green lighted a Rs. 626 million project to establish a unified 'Digital Communication and Collaboration Platform' for Government employees.
1 min
April 07, 2026
Listen
Translate
Change font size
