Strategic Roadmap for Transforming 'Arugam Bay' into a High-Income Tourist Destination
Business Today Sri Lanka|September 2023
President Ranil Wickremesinghe has announced the swift implementation of a comprehensive plan to elevate the Arugam Bay tourist zone into a highly desirable destination for both local and international tourists, with the potential to generate substantial revenue
Strategic Roadmap for Transforming 'Arugam Bay' into a High-Income Tourist Destination

The President emphasized the importance of meticulous planning in identifying areas that necessitate development, with the intention of executing these initiatives systematically. The President further highlighted the prospect of achieving significant income by promoting water sports such as water skiing, which holds popularity along the Arugam Bay coastline.

President Ranil Wickremesinghe conveyed these remarks during a meeting held with key stakeholders in the tourism industry within the Ampara district. The gathering brought together government officials and industry professionals, aimed at addressing pertinent challenges that have emerged within the tourism sector.

The President underscored that global reports predict tourism to contribute 10 per cent of the global gross domestic product by the year 2035. He stressed that Sri Lanka should proactively prepare for this shift and highlighted the tourism sector’s potential to directly address the nation’s financial challenges.

President Ranil Wickremesinghe also outlined a twophase development plan for the tourism industry in the Eastern Province, with the ambitious goal of completing it within the next decade.

Furthermore, during his ongoing tour of the Eastern Province, President Ranil Wickremesinghe conducted an inspection of Arugam Bay and Peanut Farm beaches in the Ampara district. The President personally assessed the areas’ shortcomings and engaged in cordial conversations with the tourists present there.

Esta historia es de la edición September 2023 de Business Today Sri Lanka.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

Esta historia es de la edición September 2023 de Business Today Sri Lanka.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS TODAY SRI LANKAVer todo
Breaking Barriers: Peoples Leasing & Finance PLC and Hayleys Solar Collaborate
Business Today Sri Lanka

Breaking Barriers: Peoples Leasing & Finance PLC and Hayleys Solar Collaborate

People’s Leasing & Finance PLC (PLC) and Hayleys Solar have entered into an agreement through a Memorandum of Understanding (MoU).

time-read
2 minutos  |
May 2024
NSB Continued to Prove its Resilience within an Economic Shudder
Business Today Sri Lanka

NSB Continued to Prove its Resilience within an Economic Shudder

NSB demonstrated its mettle by recording a Profit after Tax (PAT) of 7.2 billion rupees for the fiscal year ended December 31, 2023.

time-read
2 minutos  |
May 2024
Pan Asia Bank Posts Steady Performance in 1Q 2024
Business Today Sri Lanka

Pan Asia Bank Posts Steady Performance in 1Q 2024

Pan Asia Banking Corporation reported a steady performance reflecting improved macro economic conditions as the Bank reported its financial performance during 1Q 2024, which showed judicious portfolio management and prudency in dealing with possible fallout on its asset quality in challenging times.

time-read
2 minutos  |
May 2024
AWS Beats Azure to Top Global Cloud Computing Market Chart with a 31 percent Share
Business Today Sri Lanka

AWS Beats Azure to Top Global Cloud Computing Market Chart with a 31 percent Share

The cloud computing market attracts users worldwide, and the battle for dominance among top providers is a constant narrative.

time-read
1 min  |
May 2024
Ban Ki-moon Appreciates Growing Close Partnership between GGGI and Sri Lanka
Business Today Sri Lanka

Ban Ki-moon Appreciates Growing Close Partnership between GGGI and Sri Lanka

During a meeting between Sri Lankan Prime Minister Dinesh Gunawardena and the Chairman of the Global Green Growth Institute (GGGI), Ban Ki-moon, the former expressed his gratitude for the close partnership that exists between Sri Lanka and GGGI.

time-read
1 min  |
May 2024
Korea Provides Support to Several Sectors
Business Today Sri Lanka

Korea Provides Support to Several Sectors

Ambassador of Republic of Korea, Miyon Lee met with Prime Minister Dinesh Gunawardena to discuss follow up actions on the decisions taken at the discussions held during the Prime Minister’s visit to Korea.

time-read
1 min  |
May 2024
Many Benefits to a Number of Sectors in Sri Lanka as a result of PM Dinesh Gunawardena's visit to Korea
Business Today Sri Lanka

Many Benefits to a Number of Sectors in Sri Lanka as a result of PM Dinesh Gunawardena's visit to Korea

During a meeting, the Governor of Gyeongsangbuk-du Province of the People’s Republic of South Korea, Lee Cheol Woo, met with Sri Lankan Prime Minister Dinesh Gunawardena.

time-read
1 min  |
May 2024
The Good Cashmere Standard Boosts its Sustainability Credentials with Focus on Animal Welfare and Transparency
Business Today Sri Lanka

The Good Cashmere Standard Boosts its Sustainability Credentials with Focus on Animal Welfare and Transparency

By revising the standard’s criteria and embarking on a new collaboration with TextileGenesis, A Lectra Company, the Aid by Trade Foundation (AbTF) is boosting the credentials of The Good Cashmere Standard (GCS) as an independent seal for sustainably produced and traceable cashmere fibers from Inner Mongolia.

time-read
3 minutos  |
May 2024
The Central Bank of Sri Lanka Releases its inaugural Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023
Business Today Sri Lanka

The Central Bank of Sri Lanka Releases its inaugural Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023

The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA),namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented to Ranil Wickremesinghe, the President and Minister of Finance, Economic Stabilization and National Policies, by Dr. P Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka.

time-read
5 minutos  |
May 2024
President Ranil Wickremesinghe at the Opening of ITC Batnadina Hotel
Business Today Sri Lanka

President Ranil Wickremesinghe at the Opening of ITC Batnadina Hotel

President Ranil Wickremesinghe expressed his dedication to fostering an economic landscape in the nation that would prevent future struggles among its citizens.

time-read
2 minutos  |
May 2024