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Sri Lanka Tourism can’t move forward on old wheels; the answer lies with Finance Ministry: CTGLA

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Ranjith Sudasinghe with a tourist couple. He says old cars can’t ensure a seamless travel experience for visitors

As Sri Lanka celebrates a robust tourism recovery with over 1.1 million arrivals and $1.71 billion in revenue in the first half of 2025, the very professionals who transport and guide these visitors are issuing a stark warning: without urgent Finance Ministry intervention, the quality and sustainability of the tourist mobility experience are in severe jeopardy.

The Chauffeur Tourist Guide Lecturers’ Association (CTGLA), representing micro-business owners with over Rs. 5 billion investments, told the Island Financial Review that their repeated pleas for support have gone unanswered by the government’s fiscal authorities, leaving them with aging, unsustainable fleets while the industry projects a glamorous image to the world.

“Sri Lanka Tourism Development Authority (SLTDA) understands this issue and is keen to support us, but the matter is in the hands of the Finance Ministry. SLTDA is flying in global influencers to market Sri Lanka, but who will drive these tourists around when they get here?” asked Ranjith Sudasinghe, Vice President of the CTGLA. “Tour operators sell the dream of local tourist destinations, but we are the ones who must transport them safely and comfortably. That responsibility is becoming impossible to maintain.”

The core issue, the CTGLA states, is an impossible financial trap. Most of their vehicles are now 10-12 years old, a direct result of the 2019 Easter attacks, the COVID-19 pandemic and import ban after the economic crisis. Replacing their fleet has been made prohibitive by soaring import duties under current economic policies.

“A suitable tourist vehicle with ample boot space now costs at least Rs. 25-30 million. This is completely out of reach for our members, who are still paid low amounts per kilometer by tour operators and these rates have been frozen for years.”

The association reveals that recent 1,000 vehicle permits approved for the tourism sector largely bypassed the individual chauffeur-guides, instead going to large tour operators and hoteliers. Of those, only around 350 vehicles were imported at a cost of approximately Rs. 15 million per van. The same vehicle today costs over Rs. 22 million, highlighting the rapid inflation that has locked them out of the market.

Compounding the problem is an unregulated grey market. “Businessmen who evade taxes are importing vehicles and renting them out with domestic drivers, undercutting our professional, licensed services,” Sudasinghe said. “We are being pushed out of our own industry.”

The CTGLA believes the solution lies with the Ministry of Finance, not just the Ministry of Tourism. They are urgently requesting a process for a targeted support package: an 80% duty concession on long-range hybrid or electric vehicles, coupled with a soft loan scheme at around 4% interest.

“We are committed to green tourism,” Sudasinghe emphasised. “Japanese hybrids are reliable and suitable for our conditions. While full electric vehicles are not yet practical nationwide due to a lack of infrastructure, a shift to hybrids is viable.”

With the average tourist now staying over 8 nights (Sudasinghe says his guests stay for 10-12 days), and spending $171 per day (SLTDA data), the quality of tourist transport is a critical part of their experience and a significant factor in Sri Lanka’s reputation as a destination.

In conclusion, Sudasinghe said that marketing glamour abroad means little without investing in essential tourism transportation infrastructure. It’s the responsibility of the Finance Ministry to take this matter seriously and act upon it quickly. -SN



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Ceylon Chamber Re-elects Chairperson Krishan Balendra at 187th AGM

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Seated Left to Right - Vinod Hirdaramani, British High Commissioner Andrew Patrick, Krishan Balendra, Bingumal Thewarathanthri, Shiran Fernando

The Ceylon Chamber of Commerce announced the re-election of Chairperson Krishan Balendra and the election of its Board for the Year 2026/27 at the Chamber’s 187 th  Annual General Meeting on June 25. High Commissioner of Britain to Sri Lanka, Andrew Patrick, attended as Chief Guest.

The 2026/27 office-bearers are Chairperson Krishan Balendra, – Chairperson John Keells Holdings PLC, Vice Chairperson Bingumal Thewarathanthri – CEO, Standard Chartered Bank Sri Lanka, and Deputy Vice-Chairperson Vinod Hirdaramani – Chairman, Hirdaramani Group.

Jayanthi Dharmasena – Managing Director, Hayleys Agriculture Holdings Ltd., Kasturi Chellaraja Wilson – Chief Operating Officer, Head of APAC – 5Hour International Corporation Singapore, Shibani Thambiayah – Managing Director, Renuka Hotels PLC,Supun Weerasinghe – Director/Group CEO – Dialog Axiata PLC, and Shiran Fernando – Secretary-General and CEO will serve as Board Members. Rohana Dissanayake – Group Chairman and Managing Director of David Pieris Motor Company Pvt. Ltd. will also join the Board, replacing Bernhard Stefan – Managing Director – Nestlé Lanka PLC, who relocated overseas.

In his remarks, Balendra noted that over the past year, the Chamber adopted a more solutions-oriented approach to advocacy, focusing not only on identifying challenges but also on developing constructive recommendations in collaboration with government, industry stakeholders, and development partners, with this approach yielding stronger results. “Through our engagement in the Budget 2026 process, eighteen recommendations proposed by the Chamber were incorporated into the national budget, covering areas such as trade facilitation, investment promotion, digitalisation, infrastructure, and improving the ease of doing business.

This builds upon the strong momentum established in previous years and demonstrates the value of evidence-based, constructive engagement.

The Chamber also contributed to addressing emerging global trade challenges, including tariff-related issues affecting Sri Lankan exports. By representing private sector perspectives in Presidential Committees, we supported efforts to safeguard export competitiveness and strengthen trade resilience.”

Beyond advocacy, it significantly expanded its engagement footprint, strengthening bilateral partnerships across more than twenty countries, and supporting more than 1,800 SMEs through training, advisory services, and market access initiatives.

He added that over the next year, the Ceylon Chamber is committed to deepening engagement with members, strengthening global partnerships, enhancing support for SMEs, and accelerating efforts to promote exports and attract investment, and is committed to working with the Government and stakeholders to ensure a resilient and prosperous Sri Lanka.

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Kandy’s singing couple striking a harmonious chord

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Vijitha Kingsley Bandara and Umesha Kalhari Navaratne

In the hill capital of Kandy, a husband-and-wife duo has won the admiration of music lovers with their shared passion for singing and their dedication to the art.

Vijitha Kingsley Bandara and Umesha Kalhari Navaratne have become familiar voices among audiences in Kandy, entertaining crowds with their musical talents while building a reputation as a versatile singing couple.

Kingsley began his musical journey at the age of 17, performing at outdoor musical shows before gaining opportunities to showcase his talent at several hotels in the Kandy area. His performances for local and foreign tourists further enhanced his reputation as a singer. He later took his musical talents overseas, entertaining audiences in several countries.

For the past 12 years, Kingsley has been engaged in singing at establishments operated by the Devon Group and The Grand Kandyan Hotel in Kandy, following an opportunity extended by Group Chairman Gamini Weeraratne.

Supporting him both in life and music, Umesha has also established herself as a singer, performing at Devon establishments. She also runs a home-based cake-making venture.

The couple, who continue to receive appreciation from music enthusiasts, said they are ready to accept invitations to perform at musical events across the country. They can be contacted on 071-1519130.

Text and Pic by SK Samaranayake

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ComBank unveils GIG+ for Lanka’s digital workforce

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Recognising the rapid emergence of the gig economy in Sri Lanka, the Commercial Bank of Ceylon has introduced ‘ComBank GIG+’ – a specialised banking solution designed for freelancers, digital entrepreneurs, social media influencers, and individuals and businesses earning in foreign currency through overseas engagements to receive their foreign earnings, including PayPal-linked withdrawals, through a structured banking account.

ComBank GIG+ reflects a decisive shift in the country’s employment landscape, where a growing number of professionals are leveraging global digital platforms and remote work opportunities to build independent income streams. From freelance service providers operating on platforms such as Fiverr, Upwork and Freelancer.com, to content creators monetising audiences across YouTube, TikTok, Meta and X, this segment represents a dynamic and increasingly influential contributor to foreign exchange inflows.

ComBank GIG+ is tailored to meet the specific needs of these digital earners, offering account options in Sri Lanka Rupees as well as major foreign currencies including USD, EUR, GBP and AUD. The account is available to Sri Lankan citizens aged 18 and above residing in the country, as well as duly registered business entities, subject to verification of foreign currency income derived through recognised digital and remote work channels.

Commenting on the introduction of ComBank GIG+, Hasrath Munasinghe, Chief Operating Officer of Commercial Bank said: “The rise of independent digital earners represents a structural shift in how value is created and exported from Sri Lanka. With ComBank GIG+, we are establishing a banking framework that not only recognises this segment, but also integrates it more meaningfully into the formal financial system. This enables individuals and businesses operating beyond traditional employment models to build a verifiable financial track record, access formal financial services, scale their operations, and contribute more visibly to the country’s economic growth.”

The launch of ComBank GIG+ is particularly timely following Sri Lanka’s recent enablement of PayPal linked withdrawals, which has simplified the process of bringing overseas digital earnings into the country.

In addition to facilitating PayPal-linked withdrawals and foreign currency inflows, the Bank said the ComBank GIG+ account offers a range of value-added benefits including first-year fee waivers on credit cards and digital banking services, preferential foreign exchange rates for qualifying conversions into Sri Lanka Rupees, and the opportunity to establish a structured banking relationship that may support future access to financing and other financial solutions. These features are designed to enhance financial efficiency while supporting the day-to-day banking needs of digitally active customers.

By aligning its product innovation with evolving global work patterns, Commercial Bank continues to strengthen its position as a forward-looking, technology-driven institution. The introduction of ComBank GIG+ underscores the Bank’s commitment to supporting new economic segments, enhancing financial inclusion, and enabling Sri Lankan talent to participate more effectively in the global digital economy.

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