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Looking after vulnerable groups is a prerequisite for attracting tourists and FDIs: State Minister

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By Sanath Nanayakkare

State Minister of Finance Ranjith Siyambalapitiya said recently that a notable revival in tourism would bring multiple economic benefits to Sri Lanka, emphasizing that however, it is the duty of the government to look after the wellbeing of the vulnerable groups because Sri Lanka should first be seen in the eyes of the international community as a country that can take care of the low-income groups of the country.

“Then only foreign travellers will look at Sri Lanka as a safe and decent destination to travel to and foreign investors will see it as an investment-friendly country”,” he said.

He made these comments during a multi-TV channel programme held recently where several key political and public officials responsible for the country’s economy were quizzed by journalists.

Further speaking he said,” “Our US dollar inflows were hardly hit by the deterioration of tourism in the recent past that stemmed from the severe political instability and economic downturn. However, with the prevailing political stability, our tourist arrivals increased by 500% in the past few months. The message we need to convey to the world is that we are a safe holiday destination. And now there is a glimmer of hope for investments as well.”

“Elections are a vital fundamental of democracy. The past year was a year that disintegrated an all-powerful political power base due to the economic crisis. 6.9 million people that elected a President removed him from office. As a result, the Cabinet became null and void. And the parliament was also on the verge of collapse. In a nutshell, people’s democratic will was nullified by themselves. We are still in the throes of this economic crisis. The economy is still sliding down the slope although its speed has been reduced. Rs. 12 billion is required to hold LG elections and we have already allocated it. However, I would like to put it to you to decide whether going for LG polls at this time would be wise or not.”

“Taking care of the vulnerable groups in the face of the ongoing economic crisis would be an indispensable condition we need to create and ensure if we want to attract tourists to the country. If the people take to the streets in scores because the country cannot even provide the basic living conditions, it would send a very negative signal to the world. The government won’t allow that to happen and that’s why we are keen on protecting these groups through the measures we are taking now. If the larger section of the people is disillusioned and left behind as a result of the economic fallout, there is no way Sri Lanka can expect to create the favourable conditions for foreign visitors to come here and enjoy a good holiday.”

“When tourism booms, economic revival will become more realistic and pragmatic, foreign investors also would view Sri Lanka as a place steadily coming out of the crisis and putting the past behind it. And then other global organizations will also rally round to support us by providing us with advanced technological know-how, insights on how to optimize our productivity in our value chain, environmental sustainability practices, key partnerships etc. So, my point is; looking after the vulnerable sections of the country is a key requirement to revive tourism, attract investment and enable other positive prospects for the country.”



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U.S.-Russia diplomatic thaw ignites Sri Lanka’s hopes for trade windfall

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Thilaka Jayasundara

Sri Lanka’s Ministry of Industries and Entrepreneurship Development Secretary Thilaka Jayasundara voiced confidence yesterday that warming U.S.-Russia relations could catalyse economic opportunities for Sri Lanka, during a forum hosted by the National Chamber of Commerce.

Speaking at the ‘Russia-Sri Lanka Development of Trade, Economic, and Banking Cooperation’ event, Jayasundara, a seasoned official with experience across multiple political administrations highlighted that eased secondary sanctions resulting from improved Moscow-Washington dialogue could unlock favorable trade conditions for Sri Lanka. Her remarks drew visible approval from Russian Ambassador Levan Dzhagryan, seated nearby.

“Sri Lanka’s balanced, neutral foreign policy positions us to benefit from any collaborative outcomes of U.S.-Russia talks,” she asserted, underscoring the nation’s potential to leverage evolving geopolitics for trade and investment gains.

Jayasundara didn’t miss the opportunity to urge Sri Lankan trade chambers to collaborate with the Export Development Board (EDB) to diversify exports and maximise foreign exchange earnings.

“Businesses and banks present here should explore to forge stronger B2B linkages for mutual benefit at the breakout sessions,” she added, referencing discussions at the forum that connected SMEs and large firms in agriculture, fintech, pharmaceuticals, industrial manufacturing among other sectors.

The secretary’s optimism aligns with Sri Lanka’s broader strategy to navigate global economic headwinds by capitalising on diplomatic shifts and expanding its export portfolio.

According to the EDB, the total export value from Sri Lanka to Russia was USD 144.25 Mn in 2023 and total imports from Russia to Sri Lanka for the same period were USD 393.55 Mn. Official data for 2024 remains pending.

The Russian delegation that took part in the B2B meetings was headed by Dr. Alexander Rybas, Trade Commissioner of the Russian Federation.

By Sanath Nanayakkare

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Hemas Hospitals named Official Healthcare Partner for JOE-PETE Big Match 2025

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Hemas Hospitals has proudly partnered with the JOE-PETE Big Match 2025 as the official healthcare provider, continuing its strong tradition of supporting community events and ensuring the safety and well-being of all participants and spectators.

As one of Sri Lanka’s most anticipated annual school cricket encounters, the JOE-PETE Big Match brings together passionate fans, students, and alumni from St. Joseph’s College and St. Peter’s College. With thousands expected to attend, Hemas Hospitals steps in once again, marking its fifth consecutive year of involvement, to provide expert medical support on-site.

“As a leading private hospital network, we’re proud to be a part of this iconic event. Our partnership reflects our commitment to community health and to being there where it matters most,” said Dr. Pradeep Edward, Director General Manager, Hemas Hospital Thalawathugoda. “We want all attendees to enjoy the event with peace of mind, knowing that their health and safety are in good hands.”

During the match days, Hemas Hospitals will deploy on-site medical teams, ambulances, and a qualified sports medicine medical officer to respond to any health emergencies or injuries. From first aid to injury management, the team is equipped to handle a wide range of situations with the efficiency and professionalism that Hemas is known for.

“Our practice of having highly trained medical staff and emergency support continues,” said Anjana Cramer, Business Development Manager. “Our aim is to be proactive, responsive, and accessible throughout the event.”

In addition to healthcare support, Hemas Hospitals will have a strong brand presence at the event, with Hemas flags, A-boards, a branded ambulance, and the medical team visibly positioned throughout the grounds.

“We want this partnership to not only represent medical readiness but also our larger message of promoting health and unity through sport,” said Duwayne Rozario, Executive – Business Development. “It’s about more than just treatment, it’s about being an active part of the community.”

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Sunsiyam Pasicuda; unique cluster of luxury chalets looking out to Eastern sea

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Sunsiyam Pasicuda; irresistible appeal

Weddings on the beach, an aqua platform to be served dinner in the sea; four ocean pavilions, informal camaraderie, more so, come as you are atmosphere for informality and bonhomie unmatched in any resort.

What are we talking about? Just a cautious; yet unavoidable blend for a holiday; and an atmosphere of ‘let your self go’, experience unmatched in a resort hotel.

Where are these ‘happenings’? At the Sunsiyam Pasicuda.

Just so, assuming you’ve been to the Maldives, and factually, it’s a demand driven destination, to the US, so too, we assume, Sunsiyam Pasicuda, is a growing destination for holidays in the warm waters of the Indian Ocean surrounding the East coast of this island.

Why surrounding? Simple; just that Sunsiyam Pasicuda perched by the sea, apart from the warm waters bordering the resort; we are also of the positive atmosphere of the shallow sea abutting the picturesque appeal viewed from the sea. Appealing to tourists already enjoying the numerous attractions of this resort facility.

Our observations were French, Germans and other Europeans were already enjoying the facilities of Sunsiyam Pasicuda.

General Manager Arshed Refai was on hand to give us detailed explanation on facilities guests could expect and enjoy and numerous offerings that appeal for long stays. Quite regularly, he said, guests are quite reluctant to depart. Particularly Europeans who we observed enjoying the sun and more so walks along the beach.

Two flights each week bring tourists from Colombo who prefer the resort atmosphere of the East coast, more so attractions of Sunsiyam Pasecuda. Additionally, Ministry of Tourism provided train services as well to encourage tourist traffic to the East to enjoy the growing popularity of this resort and other resorts we observed in the area.

GM Refai further said the dining experience, and varied choice of cuisine catered to each national from West to East; which, he said, was quite in order to cater to choices in food and individual taste desires.

Formal opening of the hotel was in 2014 and was classified a Luxury Boutique Hotel. ‘Was it popular among local tourists’? He responded positively that its appeal was growing, related to the chain of other destinations in the East. Additionally, its popularity and appeal, particularly to its chalets and Five Star luxury was in reality not an available concept elsewhere.

Chef Dilan Jayasundera, explained varied cuisine and food flavours he was adept in producing to ensure guests were not in need, food vice.

He further said a broad cross section of tastes was catered to.

Asst General Manager Keerthi expanding on additional facilities said 34 rooms were villa style accommodation spread over the land. Four ocean pavilions complemented a formal atmosphere.

GM Refai further said 90 guests at peak accommodation enjoyed international cuisine.

Excursions, to the fish market, sea observations in glass bottom boats to observe fauna and flora under water, including the varied amphibian fish population were of great appeal.

Questioned on any Maldivian influence, he said, Sunsiyam was not influenced by the Maldives, but its style was of broad appeal.

By Steve A. Morrell

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