
Sri Lanka unveils renewed tourism vision at ATM
At a press conference on the sidelines of ATM, SLTPB reaffirmed its commitment to expanding tourism partnerships and boosting arrivals from the Gulf Cooperation Council (GCC), the broader Middle East, and international markets.
The conference highlighted key developments across Sri Lanka's tourism sector, including infrastructure upgrades, market trends, and evolving traveller experiences.
Sampath Nishshanka, Managing Director of SLTPB, said: 'Sri Lanka is not just a destination — it is an experience shaped by warmth, culture, and meaningful connections that today's discerning travellers seek,' he said. 'We take pride in our heritage and the genuine hospitality that defines us. As we present a renewed vision for tourism, we invite the world — here at Arabian Travel Market — to rediscover Sri Lanka with fresh eyes and open hearts.'
The press conference emphasised SLTPB's collaboration with GCC-based travel agencies and airlines to enhance connectivity and curate personalized experiences for travelers in GCC and the wider region. It also spotlighted efforts to strengthen media and trade engagement through authentic storytelling and by reinforcing confidence in Sri Lanka as the ideal travel destination for GCC and Middle East traveller.
The Sri Lanka Pavilion at ATM 2025 features a mix of co-exhibitors — including boutique hotels, wellness retreats, and destination management companies (DMCs) — keen to forge partnerships across the region and beyond. SLTPB also unveiled initiatives targeting families, spiritual travelers, and adventure seekers, aligning with summer travel trends. Visa-free entry for GCC nationals, direct air links, and attractive luxury packages further reinforce Sri Lanka's appeal as a premier holiday destination.
Sri Lanka is steadily emerging as a top choice for travellers from the GCC and wider Middle East, offering halal-friendly services, safety, cultural richness, and breathtaking landscapes. With its year-round appeal, upscale accommodations, and expanding infrastructure, the island caters to a broad range of travel preferences from the region.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Daily Tribune
3 days ago
- Daily Tribune
‘Stop production': Small US firms battered by shifting tariffs
TDT | Manama Washington When US President Donald Trump announced tariffs on almost all trading partners in April, Ben Knepler contacted the factory in Cambodia producing his company's outdoor furniture. 'Stop production,' he ordered. The announcement involved a 10-percent levy on imports from most partners, set to rise further for many of them. For Cambodia, the planned duty was a staggering 49 percent. 'That night, we spoke to our factory,' Knepler told AFP. 'We literally cannot afford to bring our own product into the US with that kind of tariff.' The decision was even more painful for Knepler and his Pennsylvania-based company, True Places, given that he had previously shifted production of his outdoor chairs to Cambodia from China, following tariffs on Chinese imports imposed by Trump during his first presidency. 'We were facing 25-percent tariffs in China, and there were zero-percent tariffs in Cambodia,' Knepler recalled. It took him a year to move the massive equipment and molds to Cambodia only to see another steep levy. With Trump's 'reciprocal' tariff hikes taking effect last Thursday, these Cambodia-made chairs face a lower -- though still significant -- 19 percent duty. 'Wheel of misfortune' Knepler's experience echoes that of many US companies producing everything from yo-yos to clothing abroad, after years of offshoring American manufacturing. To cope, businesses use various strategies. Some pass on the new costs as a surcharge to customers. Others halted imports when duties reached prohibitive levels, hoping Trump would strike bilateral trade deals that would make their businesses viable again. Trump frames his tariffs as paid for by other countries, touting tens of billions in revenue this year -- but firms contest this description. 'We make the tariff payments when the product comes into the US,' Knepler stressed. 'Before we sell it, we're the ones who pay that tariff.' Now saddled with hundreds of thousands of dollars in debt he took on to relocate the company's production to Cambodia, Knepler worries if his business will survive. He likens the rapid policy changes to spinning a 'wheel of misfortune,' resulting in a new tariff each time. Over four months this year, the planned tariff rate on Cambodian exports has gone from 0 to 49 percent, to 10 percent, to 36 percent, to 19 percent, he said. 'No one knows what it's going to be tomorrow,' he added. 'It's impossible to have any kind of confidence in what the rate will be in three- or four-months' time.' Economists warn that tariffs could fuel inflation and drag on growth. EY chief economist Gregory Daco noted that the duties effective Thursday raise the average tariff rate to 17.6 percent from 2.8 percent at the start of the year -— the highest level since the early 1930s. While Trump lauds the limited effects his duties have had on US prices so far, experts say tariffs take time to filter through to consumers. Many of Trump's sweeping levies also face legal challenges over his use of emergency economic powers. Price hikes The global tariffs are especially hard to avoid. Barton O'Brien said he accelerated production and borrowed money to bring in as much inventory as possible before Trump took office. On the election campaign trail, the Republican leader had floated a 60-percent tariff on imports from China, where O'Brien makes most of his products. The Maryland-based veteran selling dog harnesses and other accessories rented a container to ship as many products as he could before Trump's new tariffs would take effect. 'I had dog life jackets in the bathroom,' he told AFP.


Daily Tribune
3 days ago
- Daily Tribune
Talabat Forecast Upgrade Follows Strong Quarter
TDT | Manama Talabat Holding plc has raised its full-year growth forecasts after a second quarter surge powered by post-IPO expansion and the rapid uptake of its talabat pro loyalty programme across GCC and non-GCC markets. The Dubai-headquartered delivery platform posted a 32 per cent yearon-year rise in gross merchandise value (GMV) to USD 2.4 billion for the quarter, with revenue up 35pc to USD 982 million. Adjusted EBITDA rose 31pc to USD 166m, maintaining a margin of 6.8pc, while net income climbed 33pc to USD 119m, or 4.9pc of GMV. Citing continued momentum in customer acquisition and order frequency, the company lifted its GMV growth target for the year to 27-29pc, up from 17-18pc. Revenue growth is now projected at 29-32pc, compared with an earlier 18-20pc. Adjusted EBITDA margin is expected at 6.5pc, net income margin at 5pc, and adjusted free cash flow at 6pc. Talabat credited its performance to both core GCC markets – including Bahrain, Kuwait, UAE, Qatar and Oman – and faster growth from Egypt, Jordan and Iraq. The UAE remained its largest market, while Kuwait delivered over 20pc growth for both the quarter and first half. The company also reported robust performance in its Food vertical and faster gains in its Grocery & Retail segment, supported by a higher share of subscription and tMart revenues. The GCC accounted for 83pc of GMV in Q2, with non-GCC markets making up the remaining 17pc.


Daily Tribune
3 days ago
- Daily Tribune
Google offered $34.5 bn for Chrome
Perplexity AI offered Google $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings. The whopping sum proposed in a letter of intent by Perplexity is nearly double the value of the startup, which was reportedly $18 billion in a recent funding round. 'This proposal is designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator focused on continuity, openness, and consumer protection,' Perplexity chief executive Aravind Srinivas said in the letter, a copy of which was seen by AFP. Google is awaiting US District Court Judge Amit Mehta's ruling on what 'remedies' to impose, following a landmark decision last year that said the tech titan maintained an illegal monopoly in online search. US government attorneys have called for Google to divest itself of the Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the goto window into the internet. Google has urged Mehta to reject the divestment, and his decision is expected by the end of the month. Google did not immediately respond to a request for comment. Perplexity's offer vastly undervalues Chrome and 'should not be taken seriously,' Baird Equity Research analysts said in a note to investors. Given that Perplexity already has a browser that competes with Chrome, the San Francisco-based startup could be trying to spark others to bid or 'influence the pending decision' in the antitrust case, Baird analysts theorized. 'Either way, we believe Perplexity would view an independent Chrome -- or one no longer affiliated with Google -- as an advantage as it attempts to take browser share,' Baird analysts told investors.