Business
Sri Lanka Tourism supported by EU to develop wellness tourism

Authentic Ayurvedic Medicine
Supporting the speedy revival of the tourism industry in Sri Lanka, the European Union (EU) Delegation to Sri Lanka, has allocated funds to help strengthen the local wellness tourism capacity for Sri Lanka to transform into an attractive destination for wellness tourism. This will be carried out under the guidance of Sri Lanka Tourism. The resulting ‘Sri Lanka Wellness Tourism Stakeholder Project’ will be officially launched on 15 February 2022.
The launch will involve key stakeholders of the project where details of the project will be shared, followed by a group discussion on wellness tourism capacity development. A follow up meeting will be held on the 25th of February to share findings and recommendations from all stakeholder meetings, site meetings and discussions with wellness tourism resorts, hotels and training providers. A presentation of the findings determined through surveys carried out amongst wellness tourism organizations and training providers will also be presented this month.
The EU Delegation has contracted IBF International Consulting to undertake a technical assistance assignment to develop short term course curricula for Ayurveda therapists and wellness facility management in Sri Lanka in order to provide an authentic experience to tourists to grow the wellness tourism component for the country.
The Chairperson of Sri Lanka Tourism, Kimarli Fernando commented, “Wellness and nature are high on the priority list for travelers presently and Sri Lanka has much to offer on both counts. Considering the lush greenery, nature, Ayurveda, yoga, spirituality and culture in Sri Lanka, it is one of the top wellness destinations in the world and we are grateful to the EU Delegation in Sri Lanka for recognizing and investing in building further capacity for the country to promote this niche tourism. This partnership will help strengthen Sri Lanka’s wellness tourism product.”
The project will also consist of a ‘train the trainer’ and a supervised pilot roll-out course. Paul Penfold (Project Team Leader) will be in Sri Lanka for a 2-week mission to meet stakeholders and assess needs together with Dr Attanayake (National Expert) from 14 – 26 February.
Paul Penfold, MEd, is an experienced development consultant specializing in tourism strategy, HRD, educational technology, curriculum development, programme design and quality management. He has lived and worked in Asia (including Sri Lanka) for more than 25 years and has also taught hospitality/tourism in universities in Hong Kong, Myanmar, China and Vietnam.
Dr. Pushpika Attanayake is an Ayurvedic consultant, researcher, and a wellness expert with over 15 years of experience in Sri Lanka and abroad. Her areas of expertise extend to yoga, naturopathy, and counselling. She is a visiting lecturer in Ayurveda and Wellness Tourism at the University of Colombo, and has worked as an Ayurvedic Consultant/Spa Manager for leading hotels, including the Fortress Resort and Spa and Anantara Kalutara Resort in Sri Lanka, as well as the Royal Ayurveda, in Dubai Healthcare City. She has also served in a stint at the Sri Lanka Ayurvedic Drug Corporation.
With the wellness traveler generating at least five times more earnings than the standard tourist, Sri Lanka Tourism is strategically working with key stakeholders to position the destination to cater to the demands of this high yielding segment. With the assistance of external experts, the Authorities are focusing on product and infrastructure development, training and guidance to the SME sector and the larger industry, targeted marketing and promoting investor opportunities.
With its Ayurveda and yoga traditions, rich heritage and culture, authentic and distinctive cuisine, warm and hospitable people, abundant flora and fauna and a multitude of water-based activities the island is ideally positioned to welcome the wellness traveler. Sri Lanka will have to compete with regional wellness destinations such as Kerala and Bali, destinations that have been focusing on health and treatment-based experiences for many years. The island can however elevate its offering above health to holistic wellness enabling the differentiation of product to appeal to the various segments of travelers within the sphere of Wellness Tourism.
Business
Central Bank Presents Annual Economic Review 2024 to President

The Central Bank of Sri Lanka today (07) presented its flagship publication, the Annual Economic Review for 2024 (AER 2024), to President and Minister of Finance, Anura Kumara Disanayake, highlighting the steady progress of Sri Lanka’s economic recovery following the country’s most severe downturn in recent history.
The report was officially handed over by Dr. P. Nandalal Weerasinghe, Governor of the Central Bank, during a special ceremony held at the Presidential Secretariat.
AER 2024 comprises four main chapters: Macroeconomic Developments, Conditions of the Financial System, Review of Central Bank’s Policies and Macroeconomic Outlook.
According to the Review, the Sri Lankan economy showed significant signs of recovery in 2024, following the deep economic crisis experienced two years ago. The recovery trajectory, though challenging, has been notably faster than that of many other debt-distressed countries.
Improvements in economic activity, a partial resurgence in purchasing power and reduced uncertainty are among the key positive indicators noted in the report.
The event was attended by Dr. Nandika Sanath Kumanayake, Secretary to the President, K. M. Mahinda Siriwardena, Secretary to the Treasury, Mrs. K. M. A. N. Daulagala, Senior Deputy Governor, Dr. C. Amarasekara, Assistant Governor, Dr. (Mrs.) S. Jegajeevan, Director of Economic Research and Dr. L. R. C. Pathberiya and Additional Director of Economic Research at the Central Bank Dr. V. D. Wickramarachchi.
[PMD]
Business
IceWarp expands into Sri Lanka, fostering European innovation in collaboration with FentonsIT

IceWarp, a global leader in business communication solutions, has officially launched its cutting-edge platform in Sri Lanka, bringing European expertise in email and collaboration solutions to support the country’s evolving business landscape.
This expansion is driven by a strategic partnership with Fentons Information Technology (FIT), the Information Technology arm of Hayleys Fentons Limited.
The grand launch event held at The Kingsbury Colombo on 4th April, 2025, was graced by several distinguished guests, including Chief Guest Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC.
The presence of Adam Paclt, Global CEO of IceWarp, and Pramod Sharda, CEO for India and the Middle East of IceWarp, along with their global team, highlighted the significance of this expansion. Industry experts, government officials, corporate leaders, and CIOs from the banking, financial services and insurance sectors were in attendance as well, reflecting strong local interest in IceWarp’s European expertise.
With this launch, Sri Lankan businesses now have access to an affordable, scalable and secure alternative to Microsoft 365 and Google Workspace. IceWarp’s advanced Collaboration Suite integrates a wide range of tools into a single, unified platform designed to streamline communication and boost productivity. Offering flexible hybrid deployment options and cost-efficient solution, IceWarp enables organisations to optimise their operations without compromising security or functionality.
Business
Eventistry Sports launches Sri Lanka’s inaugural franchise padel league

Eventistry Sports, a trailblazer in innovative sporting events, has unveiled the Sri Lanka Padel League (SLPL), the nation’s first franchise-based padel tournament, set to debut in June 2025. This groundbreaking league promises to redefine Sri Lanka’s sports landscape by creating a dynamic national platform for athletes while fostering unity among fans, brands, and communities.
The SLPL will showcase six franchise teams, each embodying the spirit of iconic Sri Lankan locales: the Colombo Chargers, Yala Rangers, Hikkaduwa Riders, Ella Hawks, Arugambay Vipers, and Trinco Warriors. These teams will not only ignite regional pride but also unite the country through a shared passion for padel—a fast-paced racquet sport merging tennis and squash, played on enclosed courts.
“The SLPL is more than a league; it’s a movement,” declared Karin Wijeratne, Director of Eventistry Sports. “By blending franchise sports with Sri Lanka’s vibrant culture, we’re creating a platform where players gain national recognition, fans rally behind their hometown heroes, and brands engage with communities in meaningful ways.”
The league’s launch on June 21–23, 2025, at Colombo’s Padel House courts (CR&FC) will kick off with three days of high-octane matches, preceded by a star-studded player auction on May 16th at The Vault, Colombo City Centre. Local talent—both professional and intermediate—will be drafted by franchise owners, with international registrations now open to elevate the competition’s global appeal.
Please log in to: www.slpadelleague.com and social media: @SriLankaPadelLeague (Facebook & Instagram) for more information.
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