News
Hotels’ Association Chief opposes price reductions to increase volume; calls for using more local products
By Harischandra Gunaratna
President of the Hotels Association of Sri Lanka (THASL) M. Shanthikumar on Monday said that the hoteliers had to abandon the practice of reducing prices to increase volume; they had to maintain prices at a reasonable level to cover costs, which were soaring, he added.
Shanthikumar, addressing top-notch hoteliers and invitees from allied fields at the 57th anniversary celebration of the association at the Colombo Hilton, stressed the need to generate more forex.
The THASL President said some hoteliers thought that imports accounted for 80 percent of the food and beverage costs, but in reality it was only 40%.All hotels should use indigenous products as much as possible and chefs and food and beverage, Shanthikumar said, adding that the hoteliers would be able to bring down the expenditure on imports to about 30 percent in the future.
The veteran hotelier hailed the tourism industry here for always being resilient.Shanthikumar admired the manner in which the hoteliers responded to the government’s call to run the industry efficiently, whilst saving much-needed foreign exchange for the country.
Shanthikumar reiterated the fact that the government should support the hospitality industry to come out of the current crisis.
THASL President said that some of the accommodation units were still under construction whilst some investors had already decided to close down their hotels due to the current economic turn down. He requested the government to give a clear indication of the total debt repayable including interest with a breakup of the actual liability of the operational hotels and urge the Central Bank of Sri Lanka to obtain information from the public and private sector banks.
“Our estimate of the overall tourism debt is approximately Rs. 500 billion including working capital loans of Enterprise Sri Lanka, Saubagya loans, term loans and accumulated interest due to moratoriums extended and I am happy to learn that some of those loans are being settled now.”
Latest News
Royal Navy of Oman Vessel “SADH” arrives at Port of Colombo
The Royal Navy of Oman Vessel “SADH” arrived at the Port of Colombo on a logistics replenishment visit on Tuesday (10 Feb 26). The Sri Lanka Navy welcomed the visiting ship in
compliance with naval traditions.
The 75m – long ship is commanded by Lieutenant Commander Shaheen Saud Abdul Rahman AI Balushi.
The port call will facilitate professional interaction and goodwill exchanges between the two navies.
During the stay in Colombo, crew members of the ship are expected to visit some tourist attractions in the city of Colombo.
News
NPP: Speaker won’t step down, CIABOC can investigate him
* New Auditor General should not have been sworn in before Speaker – Opp.
* Suspended House Dy. Sec. Gen. Chaminda Kularatne takes his case to CA today
General Secretary of the National People’s Power (NPP) Dr. Nihal Abeysinghe yesterday said that there was no need for Speaker Dr. Jagath Wickramaratne to step down in view of the complaint lodged against him with the CIABOC (Commission to Investigate Allegations of Bribery or Corruption).
NPP General Secretary said so in response to The Island query whether the parliamentary group of the ruling party discussed the growing Opposition calls for the Speaker, who is also the Chairman of the Constitutional Council, to step down to facilitate the investigation.
The NPP parliamentary group consists of 159 MPs, including 18 National List (NL) members.
NL member Dr. Abeysinghe asked whether any other person, who had been investigated by the CIABOC, stepped down from his or her position to facilitate the inquiry.
The top official emphasised that the CIABOC could go ahead with its investigation without any hindrance.

Chamindra and Dr. Jagath
Opposition sources said that there hadn’t been a similar situation before and the CIABOC investigation into Speaker Dr. Wickramaratne is unprecedented as he heads the 10-member CC responsible and directly involved in all key appointments, including that of members to the CIABOC.
Sources pointed out that the newly appointed Auditor General, Ms. Samudrika Jayaratne, took the oath of secrecy before the Speaker on 5 February in Parliament after suspended Deputy General Secretary of Parliament Chaminda Kularatne complained to CIABOC.
In accordance with Section 9 of the National Audit Act, No. 19 of 2018, Jayaratne took the oath of secrecy in her capacity as the Auditor General of the National Audit Office and Chairperson of the Audit Service Commission.
Sources said that Kularatne would move the Court of Appeal today (10) against his removal at the behest of the Staff Advisory Committee, headed by the Speaker.
By Shamindra Ferdinando
News
Trinco Buddha statue case: All suspects, including 4 monks re-remanded till 11 Feb.
The Trincomalee Magistrate’s Court yesterday (09) further remanded 10 persons, including four Buddhist monks, arrested on 19 January, 2026, for allegedly placing a Buddha statue in the coastal reservation, on 16 January.
The Buddhist monks, including Ven. Balangoda Kassapa Thera, and six other individuals, were further remanded until 11 February.
They have been accused of violating the Coast Conservation Act by placing a Buddha statue on a block of land belonging to the Trincomalee Bodhiraja Temple.
Of the four monks, Ven Balangoda Kassapa Thera and Ven Trincomalee Kalyanawansa Tissa Thera moved the Court of Appeal against the Magistrate’s Court decision. The case was heard on 22 January before a Bench comprising the President of the Court of Appeal, Justice Rohantha Abeysuriya, and Justice K. Priyantha Fernando.
Manohara de Silva, PC, and President’s Counsel Uditha Igalahewa, PC, appearing for the petitioners, urged the Court to take up the matter urgently, describing it as a case of exceptional importance.
However, the Court of Appeal on 3 February dismissed the petitions against the remanding of Ven Balangoda Kassapa Thera and Ven Trincomalee Kalyanawansa Tissa Thera.
The order was issued by the Court of Appeal bench consisting of the President of the Court of Appeal, Justice Rohantha Abesuriya and Justice Priyantha Fernando.
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