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Tourism industry can help in eradicating rural poverty – NPP

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National People’s Power (NPP) Presidential candidate Anura Kumara Dissanayake emphasised that the NPP will form a government that will think together with the entrepreneurs and businessmen and take the industries forward.

He emphasized this day before yesterday addressing the gathering at the launch of the National Tourism Policy of the National People’s Power held at the Monarch Imperial hotel in Sri Jayawardenepura.

“The manifesto that we have presented will definitely be put into action. We basically expect a few things from the tourism industry. The main way to find a short-term solution to the crisis in which the country has collapsed economically is the tourism industry. A major crisis that we are facing is that we are not able to find the amount of dollars that is needed annually and we are not able to generate income related to the expenditure in the country. The economic crisis is mainly caused by these two sources. A long-term, permanent economic plan should be prepared to earn the required amount of dollars and the amount of rupees required for the treasury. Tourism is one of the most important sectors in earning dollars. Urban settlement is a factor that many countries in the world have faced, but we have not faced yet. Chennai, Dhaka, Shanghai cities are facing this crisis. Our main economic strategy is to improve the economic and social life of the people in the village without relocating to urban areas. Our economic model has been prepared for that.

Currently, Western Province contributes 36 percent to the national economy, while Uva Province contributes only 4%. Only 5% from North Central Province. It is also clear how the economy has been built centered on Colombo. Even if it doesn’t seem like a crisis at the moment, it can create a crisis in the future. Therefore, the tourism industry has a special potential to improve the economic and social life by keeping the people of the village in the village. Plenty of coastline, central mountains, historical heritage are across the country in a considerable amount. Eradication of agro-ecological poverty is intertwined with the tourism industry. A businessman who is involved in the tourism industry and the tea industry at the same time mentioned a very important point to us. He said that even though he has been engaged in the tea industry for thirty years, he cannot pay more than Rs.35,000 to 40,000 per employee per month. But, an employee can get an allowance of around Rs.1,00,000 after working for a year in his tourist hotel.

This clearly shows the role of the tourism industry in eradicating rural poverty. Sri Lanka is behind in the world, and the North and East are further behind due to the war. The decades of war have deprived those people of the opportunities they should have in the economy.

Tourism has a very important role to play in bringing those people to economic activity quickly. Accordingly, we see the reality of the need of the tourism industry under our government.

What is our role there? If we try to achieve the tourist target of four million through the existing airport, our time will be wasted. If so, our airports should be modernised. You know why the investors who came to modernize the Katunayake airport left it. International level infrastructure should be provided according to priorities. It is being done with the understanding between you and us. Legal protection is also a basic requirement. Similarly, in countries where tourism is at the highest level, their national airline has been recognized as the most important role.

We are traditionally loyal to the national airline, and now we have a question about ‘AirLanka’. Can it be kept and developed by the government? Can it be jointly managed by the government with the assistance of a company with management capabilities? Or, giving up it completely.

We prefer to run it as a joint venture between the government and the private sector. When flowing from a normal state, institutions that are in a normal state are enough. But, if you want to take a special leap and undergo a transformation, you need an institution that integrates all those fields. For example, if we take the Mahaweli Authority, it has been given powers to build land, houses, roads, waterways and highways. If the tourism industry is to take a leap, separate commission proposed by us must be established.

(dailynews.lk)


(This story, originally published by dailynews.lk has not been edited by SLM staff)

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Energy Ministry denies CEB Chairman’s resignation, Says he is on leave 

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The Media Division of the Ministry of Energy has dismissed media reports claiming the resignation of Ceylon Electricity Board (CEB) Chairman Dr. Tilak Siyambalapitiya, clarifying that he has only taken leave for personal overseas travel.  

A senior ministry official stated that Dr. Siyambalapitiya had formally informed President Anura Kumara Dissanayake about his temporary leave and denied any resignation.  

“There is no truth in the media reports suggesting the resignation of the CEB Chairman,” the official emphasized.  

Dr. Siyambalapitiya was appointed as CEB Chairman on September 26, 2023, following the formation of the NPP-led government. The clarification comes amid ongoing discussions on electricity tariff revisions and financial reforms in the power sector.  

The CEB has recently been under scrutiny over proposed tariff hikes and compliance with IMF-mandated cost-reflective pricing, with speculation rising over leadership changes. 

The ministry’s statement seeks to quell rumors and ensure stability in the institution’s administration.

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Semini released on bail  

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Popular actress Semini Iddamalgoda, arrested for failing to appear in court over unpaid Employees’ Provident Fund (EPF) contributions linked to her private security company, was granted bail by Colombo Additional Magistrate Bandara Ilangasinghe.  

The Welikada Police had taken her into custody after multiple arrest warrants were issued against her. Court records revealed four warrants from the Colombo Magistrate’s Court, two from Matara, and one from Tangalle over alleged non-payment of EPF and other employee dues.  

Her defense counsel argued that Iddamalgoda, a well-known public figure, had no intention of evading court proceedings. They also stated that some of the pending payments had since been settled, leading the Labour Department to withdraw certain cases.  

Magistrate Ilangasinghe granted bail on a surety of Rs. 100,000 and ordered the recall of all outstanding warrants. The court directed the submission of relevant documents by May 28 and requested a progress report on the Colombo cases by May 19.  

The case highlights ongoing legal scrutiny over employers’ compliance with mandatory EPF contributions, even involving high-profile individuals. Further hearings will determine the resolution of the remaining charges.

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CEB proposes 25-35% electricity tariff hike amid IMF pressure 

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The Ceylon Electricity Board (CEB) is considering a 25 to 35 percent electricity tariff increase, with the International Monetary Fund (IMF) urging Sri Lanka to implement revised rates.  

CEB sources confirmed that the proposed hikes align with a pricing formula agreed upon by the CEB and the Public Utilities Commission of Sri Lanka (PUCSL). 

The new rates will require PUCSL approval before implementation.  

Amid ongoing discussions, CEB Chairman Tilak Siyambalapitiya has resigned, reportedly due to political and regulatory interference in setting cost-reflective tariffs. Earlier this year, the PUCSL approved a 20 percent tariff reduction against the CEB’s advice, leading to renewed financial losses.  

A senior CEB official revealed that after January’s reduction, losses began rising again. 

In 2023 and 2024, tariff hikes had helped the CEB post profits of Rs. 61 billion and Rs. 141 billion, respectively, reducing accumulated losses from Rs. 473 billion to Rs. 271 billion. However, losses have climbed since February.  

The IMF had set two key conditions: cost-reflective pricing and an automatic 10 percent hike if monthly cash flow falls below Rs. 15 billion. 

The official noted that without January’s reduction, a 5 percent increase would have been needed in Q2.  

The IMF has warned Sri Lanka twice in recent weeks for breaching cost-recovery benchmarks, raising fiscal risks. 

A scheduled April tariff revision was skipped, with authorities offering unclear explanations.  

The proposed hike aims to stabilize CEB’s finances while meeting IMF demands for sustainable energy pricing.

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