Essayer OR - Gratuit

Driving growth in tourism: Bold strategic direction needed

Daily FT

|

August 08, 2025

SRI Lanka — a tropical island of beauty and diversity — has all the necessary attributes to become a prominent tourism destination in Asia.

Unfortunately, despite the three-decade-old civil war ending in 2009, the successive Governments as well as industry stakeholders failed to develop the tourism industry with a clear strategic direction over the last 16-year period.

Our policymakers need to learn from the tourism planners of the neighbouring Maldives. Since 1983, the authorities of the archipelago have developed five tourism master plans, enabling the South Asian state to establish itself as a leading global tourist destination. These master plans have prioritised sustainable development within the tourism sector while also emphasising the protection of the environment and natural resources. Astute and clever planning has been critical in the Maldives becoming a sought-after choice for vacation and recreation among high-spending tourists in Europe and North America. In 2023, the Maldives earned $ 4.2 billion as tourism receipts — a phenomenal achievement for a country inhabited by a very small population.

Daily FT

Cette histoire est tirée de l'édition August 08, 2025 de Daily FT.

Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.

Déjà abonné ?

PLUS D'HISTOIRES DE Daily FT

Daily FT

Daily FT

How we are being misled by fiscal illusion in Sri Lanka

PRESENTLY, Sri Lanka is on a recovery journey from the deepest economic downturn in its history. The unhealthy fiscal policies of successive Governments have already been recognised as one of the major causes of this poor performance. Fiscal policy encompasses various decisions related to the national budget. Therefore, it is crucial to closely monitor budgetary behaviour and related decisions to ensure the economy moves in the right direction.

time to read

3 mins

September 02, 2025

Daily FT

Hayleys Agriculture launches OMNIX Digital System to transform farmer engagement and modernise agriculture practices

HJS Condiments Ltd., Sri Lanka’s largest processed fruits and vegetables exporter and a member of the Hayleys Group, has launched the OMNIX Digital System, a groundbreaking platform that modernises farmer engagement, streamlines operations, and strengthens traceability across the agricultural value chain.

time to read

2 mins

September 02, 2025

Daily FT

Sun Match Director Gowri Rajan honoured as Sri Lankan Iconic Woman 2025

SRI Lanka's foremost respected media channel Broadcasting Corporation (SLBC), at its centenary celebration, honoured Sun Match Company Executive Director Gowri Rajan with the title of Sri Lankan Iconic Woman 2025 at BMICH. The Chief Guest was Minister of Labour Anil Jayantha Fernando.

time to read

1 min

September 02, 2025

Daily FT

Daily FT

LYNEAR: Redefining wealth management through independence and discipline

IN complex and often unpredictable capital markets, wealth preservation and capital accumulation demand rigour, discipline, and a principled approach anchored in long-term strategy, robust governance, and above all, independence.

time to read

4 mins

September 02, 2025

Daily FT

Daily FT

Where's the papaverine? NMRA has flatlined on vital heart medicine

IN early April of 2025, this author in an article published in the Daily FT asked the National Medicines Regulatory Authority (NMRA) to quit playing games with our hearts (https://www.ft.lk/opinion/NMRA-should-quit-playing-games-with-our-hearts/14-775045), but it seems to be continuing to cause heartache.

time to read

4 mins

September 02, 2025

Daily FT

Daily FT

Sri Lanka's automobile market: Subliminal economic bubble?

From showrooms to sinking debt; is Sri Lanka repeating a global mistake?

time to read

6 mins

September 02, 2025

Daily FT

Daily FT

Committee appointed to improve food safety in Parliament

THE Parliament Secretariat yesterday said that the House Committee, chaired by Speaker Dr. Jagath Wickramaratne, has decided to appoint a special committee to present proposals to enhance the safety of food and beverages in Parliament.

time to read

1 mins

September 02, 2025

Daily FT

Mercantile Investments signs MoU with Toyota Lanka to drive hassle-free vehicle ownership

MERCANTILE Investments has announced its new strategic partnership with Toyota Lanka. This collaboration marks an important milestone in Mercantile Investments' commitment to providing accessible, seamless, and customer-centric financial solutions.

time to read

1 min

September 02, 2025

Daily FT

Ranil expresses gratitude following release from remand

FORMER President Ranil Wickremesinghe yesterday extended his gratitude to all those who supported him from the time of his arrest, marking his first public statement since being taken into custody.

time to read

1 min

September 02, 2025

Daily FT

AMW cracks down on counterfeit Yamaha spare parts in Eastern Province

ASSOCIATED Motorways Ltd., (AMW), the sole distributor for Yamaha in Sri Lanka, has recently intensified its efforts to combat the growing circulation of counterfeit spare parts for Yamaha motorcycles.

time to read

1 mins

September 02, 2025

Listen

Translate

Share

-
+

Change font size