Poging GOUD - Vrij

Inclusive approach necessary to draft new Tourism Act

Daily FT

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September 17, 2025

WITH the Cabinet having already granted approval to draft a new Tourism Act, the Government is now poised to revise the prevailing Tourism Act of 2005.

Certain sections of the tourism industry have expressed doubts about the move as some within the private sector speculate that the new piece of legislation would create cumbersome and unwarranted bureaucracy. However, policymakers of the Government had assured the process of legislation would involve extensive engagement with multiple stakeholders of the industry from the private sector.

Although the prevailing Act was enacted in 2005, it came into implementation only in 2007. It was alleged that the then Tourism Minister Anura Bandaranaike refrained from issuing the gazette notification pertaining to the Act. Some accused the late politician of deliberately delaying the implementation of the legislation due to pressures from certain sections of the hitherto Ceylon Tourist Board (which was dissolved when the existing act replaced the Ceylon Tourist Board Act No. 10 of 1966). Nevertheless, Bandaranaike’s successor Milinda Moragoda issued the gazette in 2007. Operational challenges of creating four separate institutions earmarked by the 2005 Act would have contributed towards the delay too. The prominence given to the private sector by the current law was resisted by certain influential sections associated with the ruling political administration at that time.

MEER VERHALEN VAN Daily FT

Daily FT

President vows to make 2025 pivotal year for SL

PRESIDENT Anura Kumara Disanayake yesterday declared that 2025 will mark a decisive turning point in Sri Lanka's economic, social, political and legal spheres, as he launched the long-delayed construction of the Central Expressway section from Kadawatha to Mirigama.

time to read

3 mins

September 18, 2025

Daily FT

Daily FT

Message from Hon. Prime Minister

The INDUSTRY EXPO 2025, organized by the Ministry of Industry and Entrepreneurship Development and the Industrial Development Board, is a landmark initiative supporting Sri Lanka's industrial growth and economic transformation.

time to read

1 min

September 18, 2025

Daily FT

Daily FT

Tea crop falls in August, YTD production up

SRI Lanka's tea crop posted mixed results in August, with monthly production falling year-on-year (YoY), while cumulative output for the first eight months of 2025 showed healthy growth compared to both 2024 and 2023.

time to read

1 min

September 18, 2025

Daily FT

10 corporates empower university students on cybersecurity at Daily FT-CICRA Summit today

10 socially responsible corporates have come forward to empower State university students with the latest knowledge on cybersecurity threats and solutions at the full-day 11th Annual Cyber Security Summit, organised by the Daily FT-CICRA, held today at the Cinnamon Grand Oak Room.

time to read

1 mins

September 18, 2025

Daily FT

Daily FT

Message from Hon. Deputy Minister of Industry and Entrepreneurship Development

It gives me great pleasure to extend my warmest congratulations on the successful organization of Industry Exhibition 2025. This remarkable event serves as an important platform to showcase the strength, diversity, and potential of our nation's industrial sector.

time to read

1 min

September 18, 2025

Daily FT

Daily FT

Crucial game for Sri Lanka and Afghanistan in group of death

Bangladesh's 8-run win against Afghanistan in their final match on Tuesday has certainly opened up Group B of the Asia Cup and turned it into a group of death.

time to read

3 mins

September 18, 2025

Daily FT

Daily FT

Message from Chairman of the Industrial Development Board

Celebrating the Remarkable Success of the International Industry Expo 2025

time to read

1 min

September 18, 2025

Daily FT

Finance Ministry appoints Thulci Aluwihare and Sharmini Ratwatte to BOC Board

BANK of Ceylon (BOC) has appointed Thulci Aluwihare and Sharmini Ratwatte as Independent Non-Executive Directors to its Board on the recommendations of a fivemember special selection committee appointed by the Finance Ministry.

time to read

2 mins

September 18, 2025

Daily FT

BOC unveils Sri Lanka's first biodegradable banking card

BANK of Ceylon (BOC) yesterday announced the launch of Sri Lanka's first-ever biodegradable banking card.

time to read

2 mins

September 18, 2025

Daily FT

Cabinet approves over Rs. 10 b in local pharmaceutical procurements

THE Cabinet of Ministers on Monday approved a major procurement package aimed at strengthening local pharmaceutical production and ensuring uninterrupted medical supplies in 2025.

time to read

1 min

September 18, 2025

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