Thursday, February 2, 2023
British Herald
Advertisement
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
  • Politics
  • Business
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • More
    • Health
    • Entertainment
    • Technology
    • Sustainability
    • Travel
    • Fashion
No Result
View All Result
British Herald
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
  • Politics
  • Business
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • More
    • Health
    • Entertainment
    • Technology
    • Sustainability
    • Travel
    • Fashion
No Result
View All Result
British Herald
Home World Asia

Sri Lanka ends resort blackouts to woo back tourists

Editorial Bureau by Editorial Bureau
December 1, 2022
in Asia, Travel, World
0
Sri Lanka ends resort blackouts to woo back tourists
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Sri Lanka said Thursday it was reorganising its blackout-prone electricity grid to guarantee power to tourist resorts to lure back foreign travellers after a bruising economic crisis.

You might also like

US, Philippines agree to larger American military presence

UK and UAE agreement to boost energy security

Iran executes accused British spy by hanging: judiciary

Months of food, petrol and pharmaceutical shortages brought widespread misery to the island nation this year, along with power cuts that reached 13 hours a day at their worst.

The unprecedented financial shock sparked months of angry protests, culminating in July when a crowd stormed the compound of then-president Gotabaya Rajapaksa and forced him to flee the country.

But the crisis has since eased, and the government that took charge after his departure is eager to jumpstart the tourism industry, a crucial source of revenue.

“We will have a good winter season,” tourism minister Harin Fernando told reporters in Colombo. “The situation has improved, and it is safe for holiday-makers.”

The energy ministry announced that designated tourist areas would be exempt from national blackouts, still in force for 2.5 hours each night.

Those areas include Sri Lanka’s lush southern coastal beaches and the hill region around Ella, home to nature reserves famed for their elephant herds.

Sri Lanka has been unable to meet its energy demand after struggling to pay for imported fuel for power plants.

But the ministry said recent rains had filled dam reservoirs for hydroelectricity and eased pressure on the grid.

Sri Lanka’s worst economic crisis since independence from Britain in 1948 began when the country ran out of foreign exchange to pay for vital imports.

The Covid pandemic dealt a hammer blow to tourism and foreign remittances from Sri Lankans working abroad, both crucial sources of income.

Rajapaksa’s government was also blamed for worsening the crisis through excessive spending and mismanagement.

Sri Lanka defaulted on its $46 billion foreign debt in April.

His successor has hiked taxes and tried to bring prices under control, with inflation easing to 61 percent in November from an eye-watering 69.8 per cent peak two months earlier.

Sri Lanka is now in talks with international creditors to restructure its borrowings and secure an International Monetary Fund bailout.

The tourism industry has bounced back strongly despite the downturn and political unrest.

Nearly 570,000 foreign travellers visited Sri Lanka in the first 10 months of the year, up from 200,000 the year before.

Tags: economySri Lankatourism
Share30Tweet19
Editorial Bureau

Editorial Bureau

Recommended For You

US, Philippines agree to larger American military presence

February 2, 2023
0
US, Philippines agree to larger American military presence

The United States and the Philippines on Thursday announced plans to expand America’s military presence in the Southeast Asian nation, with access to four more bases as they...

Read more

UK and UAE agreement to boost energy security

January 16, 2023
0
UK and UAE agreement to boost energy security

Visiting Abu Dhabi, Grant Shapps signs agreement to facilitate sharing of knowledge and expertise in energy, in a move that could unlock significant investment in UK firms and...

Read more

Iran executes accused British spy by hanging: judiciary

January 14, 2023
0
Iran executes accused British spy by hanging: judiciary

Iran on Saturday executed former top defence official and dual British national Alireza Akbari, who was accused of spying for UK intelligence, the judiciary reported. Akbari was executed...

Read more

Farewell to Pope Emeritus Benedict XVI

December 31, 2022
0
Farewell to Pope Emeritus Benedict XVI

The German pope emeritus Benedict, whose birth name was Joseph Ratzinger, had been living a quiet life in a former convent inside the Vatican grounds since his shock...

Read more

Cities in Asia ready for New Year parties after COVID hiatus

December 31, 2022
0
Cities in Asia ready for New Year parties after COVID hiatus

Revelers began gathering in major city centers across the Asia-Pacific region to celebrate the first new year without COVID-19 restrictions since the pandemic began in 2020. While COVID-19...

Read more

Related News

EU countries agree to new migrant influx mechanism – Macron

EU countries agree to new migrant influx mechanism – Macron

July 22, 2019
Iraqi prime minister’s main backers agree to oust him

Iraqi prime minister’s fate in limbo as protests swell, two killed

October 31, 2019
Armenia’s parliament casts vote to remove martial law – RIA

Armenia’s parliament casts vote to remove martial law – RIA

March 24, 2021
British Herald

Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

FOLLOW US

CATEGORIES

  • World
  • Politics
  • Business
  • Sport
  • Fintech
  • Videos

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

No Result
View All Result
  • Home
  • World
    • UK
    • Europe
    • Asia
    • Africa
    • Oceania
    • USA
  • Politics
  • Business
  • Sport
  • Fintech
  • Videos
  • Coffee Table Book
  • More
    • Health
    • Entertainment
    • Technology
    • Sustainability
    • Travel
    • Fashion

Herald Media Network Limited (UK). 2023. ALL RIGHTS RESERVED.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?