• Sri Lankans participate in a protest in the capital Colombo, demanding the resignation of President Gotabaya Rajapaksa, shortly before the start of a nationwide curfew. AP
    Sri Lankans participate in a protest in the capital Colombo, demanding the resignation of President Gotabaya Rajapaksa, shortly before the start of a nationwide curfew. AP
  • The three-day curfew was imposed by the government from Saturday evening as protests against food and fuel shortages were held in Sri Lanka. AP
    The three-day curfew was imposed by the government from Saturday evening as protests against food and fuel shortages were held in Sri Lanka. AP
  • People queue for essentials at a shop before the beginning of the curfew, in Colombo. AP
    People queue for essentials at a shop before the beginning of the curfew, in Colombo. AP
  • Sri Lankans flock to a fuel station to buy diesel. AP
    Sri Lankans flock to a fuel station to buy diesel. AP
  • A Sri Lankan police officer stands in a street as curfew begins in Colombo, Sri Lanka. AP
    A Sri Lankan police officer stands in a street as curfew begins in Colombo, Sri Lanka. AP
  • The military stand guard at a checkpoint in Colombo. AFP
    The military stand guard at a checkpoint in Colombo. AFP
  • The curfew was imposed after a clash between police and protesters near Sri Lankan President Gotabaya Rajapaksa's residence. Reuters
    The curfew was imposed after a clash between police and protesters near Sri Lankan President Gotabaya Rajapaksa's residence. Reuters
  • Sri Lanka's main opposition leader Sajith Premadasa (C) and MPs members shout during a protest in Colombo. AFP
    Sri Lanka's main opposition leader Sajith Premadasa (C) and MPs members shout during a protest in Colombo. AFP
  • Sri Lankans have urged foreign tourists not to cancel travel plans as the South Asian island battles power cuts linked to soaring fuel prices. AFP
    Sri Lankans have urged foreign tourists not to cancel travel plans as the South Asian island battles power cuts linked to soaring fuel prices. AFP
  • The country is in the grips of its worst economic downturn in decades, sparked by a lack of foreign currency to pay for essential imports. AFP
    The country is in the grips of its worst economic downturn in decades, sparked by a lack of foreign currency to pay for essential imports. AFP
  • President Gotabaya Rajapaksa has invoked laws that allow the military to arrest and detain protesters without warrants. Reuters
    President Gotabaya Rajapaksa has invoked laws that allow the military to arrest and detain protesters without warrants. Reuters
  • Tourism in Sri Lanka has been hit hard by the coronavirus pandemic. AFP
    Tourism in Sri Lanka has been hit hard by the coronavirus pandemic. AFP
  • The island welcomed 194,000 foreign tourists in 2021, down from 1.9 million in 2019 and 2.3 million in 2018. AFP
    The island welcomed 194,000 foreign tourists in 2021, down from 1.9 million in 2019 and 2.3 million in 2018. AFP
  • Sajith Premadasa (L) and other opposition politicians lead an anti government rally in Colombo. AP
    Sajith Premadasa (L) and other opposition politicians lead an anti government rally in Colombo. AP
  • As fuel resources diminish, electricity rationing continues to be enforced and the cost of living rises, the shortages have led to a series power cuts. Reuters
    As fuel resources diminish, electricity rationing continues to be enforced and the cost of living rises, the shortages have led to a series power cuts. Reuters

Sri Lankans urge foreign tourists to help revive hard-hit economy


Kelly Clarke
  • English
  • Arabic

Sri Lankans have urged foreign tourists not to cancel travel plans as the South Asian island battles power cuts linked to soaring fuel prices and a foreign currency crisis.

A three-day curfew was imposed by the government from Saturday as protests against food and fuel shortages were held.

“The current situation is affecting the tourism industry in our country,” Theekshana Lankadhikara, 40, a cookery teacher from Ella, told The National by phone.

“We are just trying to recover from the horrifying pandemic and now the hours-long power cuts and gasoline scarcity is making tourists think twice about visiting our country.

We are just trying to recover from the horrifying pandemic and now the hours-long power cuts and gasoline scarcity is making tourists think twice about visiting our country
Theekshana Lankadhikara,
cookery teacher

“Tourists are the only option we have to earn some good foreign currency these days.

“We try so hard to be friendly and welcoming to our guests so they will go home and recommend Sri Lanka as a place to visit to others."

The country is in the grips of its worst economic downturn in decades, sparked by a lack of foreign currency to pay for essential imports.

Sri Lanka was hit hard by terrorist bombings on churches and hotels in Easter 2019 — the same year it was ranked the world's number one travel destination by Lonely Planet — and by the coronavirus pandemic.

The island welcomed 194,000 foreign tourists in 2021, down from 1.9 million in 2019 and 2.3 million in 2018.

A catastrophic oil spill in 2021, when the X-Press Pearl sank off the coast of Colombo, caused an environmental disaster. Chemicals and tiny plastic pellets called nurdles continue to wash up on the island's famous beaches.

Theekshana Lankadhikara, a teacher from Ella, Sri Lanka, told ‘The National’ of the financial hardship facing many in the country. Photo: Theekshana Lankadhikara
Theekshana Lankadhikara, a teacher from Ella, Sri Lanka, told ‘The National’ of the financial hardship facing many in the country. Photo: Theekshana Lankadhikara

The broader downturn led to an import ban on foreign goods in a bid to save foreign currency needed to service the country's billions of dollars in foreign debt.

As fuel resources diminish, electricity rationing continues to be enforced and the cost of living rises, the shortages have sparked power cuts.

President Gotabaya Rajapaksa invoked laws that allow the military to arrest and detain protesters without warrants. He said the state of emergency was necessary to protect public order and maintain essential supplies and services.

While the majority of protests are taking place around Colombo, other areas of the country are experiencing daily blackouts.

Frustrated with his government, Lahiru, a safari guide for Udawalawe National Park, said he is relying on custom and tips from tourists to survive. He did not want to give his full name.

“Only rich people can live in Sri Lanka now,” he told The National.

“Poor people are suffering because of the government. The government‘s management is so poor and the cost of living is so crazy.

“Right now, I feel like I want to live away from my home country.”

Lahiru said carrying out basic tasks like "shopping for groceries" and filling his car with petrol was crippling his finances.

Last month, the prices of a number of essential items in the country increased dramatically after the central bank allowed the its rupee (LKR) to devalue.

The cost of basic items such as bread, rice and flour increased, in some cases, more than four-fold.

Tourists caught up in nationwide curfew

The government on Saturday evening imposed the nationwide curfew and blocked users from social media sites.

Laura Channer, a school counsellor in Dubai, last week arrived for a holiday in Sri Lanka.

She said it was evident that locals are desperate to see more tourists as it is a sure source of income for them.

“We have been to Nuwara Eliya, Ella, Udawalawe and we’re now Hikkaduwa,” she said.

“The major differences we have experienced in comparison to our previous Sri Lanka trip in December 2019 have been the regular long power cuts, increase in prices for basic goods, long queues for fuel and the desperation of the locals.

Laura Channer says she has experienced several power cuts while on holiday in Sri Lanka. Photo: Laura Channer
Laura Channer says she has experienced several power cuts while on holiday in Sri Lanka. Photo: Laura Channer

“They are in need of our tourism right now. They are polite, there’s no unrest where we have been but you can tell they are desperate for your business to make ends meet.”

The 29-year-old said hotels have been quiet but are "functioning relatively normally", apart from the power cuts.

“We have been staying in budget to mid-range places that haven’t always had the luxury of a generator, though.”

Caroline Rothwell, a resident in Dubai, is on a short break in Sri Lanka with her partner and has been staying in a small boutique hotel in Unawantuna, a town south of the capital.

“The power cuts out sometimes but we have got a SIM card so we do not need to use the Wi-Fi,” she said.

“There was one day that I couldn’t use the hairdryer but who cares when you are on holiday?

“Yesterday the curfew was announced. We were in Galle town at night and not many places were open as a result.

“The bigger places have generators, so you don’t notice [the blackouts] that much and it is incredible how the chefs work by candlelight and use gas to cook. They’re struggling but managing for now.”

ENGLAND SQUAD

Goalkeepers Henderson, Pickford, Pope.

Defenders Alexander-Arnold, Chilwell, Coady, Dier, Gomez, Keane, Maguire, Maitland-Niles, Mings, Saka, Trippier, Walker.

Midfielders Henderson, Mount, Phillips, Rice, Ward-Prowse, Winks.

Forwards Abraham, Barnes, Calvert-Lewin, Grealish, Ings, Kane, Rashford, Sancho, Sterling.

UAE FIXTURES

October 18 – 7.30pm, UAE v Oman, Zayed Cricket Stadium, Abu Dhabi
October 19 – 7.30pm, UAE v Ireland, Zayed Cricket Stadium, Abu Dhabi
October 21 – 2.10pm, UAE v Hong Kong, Zayed Cricket Stadium, Abu Dhabi
October 22 – 2.10pm, UAE v Jersey, Zayed Cricket Stadium, Abu Dhabi
October 24 – 10am, UAE v Nigeria, Abu Dhabi Cricket Oval 1
October 27 – 7.30pm, UAE v Canada, Zayed Cricket Stadium, Abu Dhabi

October 29 – 2.10pm, Playoff 1 – A2 v B3; 7.30pm, Playoff 2 – A3 v B2, at Dubai International Stadium.
October 30 – 2.10pm, Playoff 3 – A4 v Loser of Play-off 1; 7.30pm, Playoff 4 – B4 v Loser of Play-off 2 at Dubai International Stadium

November 1 – 2.10pm, Semifinal 1 – B1 v Winner of Play-off 1; 7.30pm, Semifinal 2 – A1 v Winner of Play-off 2 at Dubai International Stadium
November 2 – 2.10pm, Third place Playoff – B1 v Winner of Play-off 1; 7.30pm, Final, at Dubai International Stadium

england euro squad

Goalkeepers: Dean Henderson (Man Utd), Sam Johnstone (West Brom), Jordan Pickford (Everton)

Defenders: John Stones (Man City), Luke Shaw (Man Utd), Harry Maguire (Man Utd), Trent Alexander-Arnold (Liverpool), Kyle Walker (Man City), Tyrone Mings (Aston Villa), Reece James (Chelsea), Conor Coady (Wolves), Ben Chilwell (Chelsea), Kieran Trippier (Atletico Madrid)

Midfielders: Mason Mount (Chelsea), Declan Rice (West Ham), Jordan Henderson (Liverpool), Jude Bellingham (Borussia Dortmund), Kalvin Phillips (Leeds)

Forwards: Harry Kane (Tottenham), Marcus Rashford (Man Utd), Raheem Sterling (Man City), Dominic Calvert-Lewin (Everton), Phil Foden (Man City), Jack Grealish (Aston Villa), Jadon Sancho (Borussia Dortmund), Bukayo Saka (Arsenal)

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

What went into the film

25 visual effects (VFX) studios

2,150 VFX shots in a film with 2,500 shots

1,000 VFX artists

3,000 technicians

10 Concept artists, 25 3D designers

New sound technology, named 4D SRL

 

The specs: 2018 Chevrolet Equinox

Price, base / as tested: Dh76,900 / Dh110,900

Engine: 2.0L, turbocharged in-line four-cylinder

Gearbox: Nine-speed automatic

Power: 252hp @ 5,500rpm

Torque: Torque: 352Nm @ 2,500rpm

Fuel economy, combined: 8.5L / 100km

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP5
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Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Profile of Udrive

Date started: March 2016

Founder: Hasib Khan

Based: Dubai

Employees: 40

Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.

'Joker'

Directed by: Todd Phillips

Starring: Joaquin Phoenix

Rating: Five out of five stars

THE BIO

Favourite book: ‘Purpose Driven Life’ by Rick Warren

Favourite travel destination: Switzerland

Hobbies: Travelling and following motivational speeches and speakers

Favourite place in UAE: Dubai Museum

Updated: April 03, 2022, 10:53 AM