header logo
Asia asset finance
Latest
Private sector unhappy with govt’s management of tourism fund – industry expert
Nov 03, 202407:02 PM
Private sector unhappy with govt’s management of tourism fund – industry expert

The Chairperson and Managing Director of Jetwing Travels Shiromal Cooray expressed that the private sector within the tourism industry is dissatisfied with the government’s management of a fund contributed by private entities for the industry’s development. 

 

Joining Ada Derana’s current affairs program, ‘At HydePark’, she suggested that the fund could be better utilized and could be used to hire a public relations agent to promote the industry globally and effectively manage information that could affect tourism.

 

When asked about the status of Small and Medium Enterprises (SMEs) within the industry, Cooray stated that SMEs should prioritize creating business plans and developing financial management skills to build resilience against crises in the sector.

 

Commenting further, she added: “...There’s a levy...a fund that has been collected. Most of it has not been spent over the last couple of years. We’re not happy about the government’s utilisation of the fund. We’ve been pushing... We’ve been making a lot of noise, but unfortunately it has not happened... We can only hope that the current government, because we have to work with the government in power... We are still living in hope.”

 

 

 

MostRead
Mobitel 5g
VideoStories
Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Lassana Flora