COVID 19 or Novel Corona outbreak has taken over all most all countries in the world and influenced the day-to-day lives of billions of people globally. The medical experts confirm that the average number of new infections generated by a single infected person is over five times as compared to the seasonal flue. Thus, Novel Corona outbreak has influenced the normal function of an individual, household, village, city, province, country, region and that of entire globe as at present. Thus, following the strict measures taken by the Chinese government in closing down Wuhan until the outbreak is controlled all most all the countries have taken varying measures to restrict movements, continuous curfew, total lockdown, travel restrictions, suspending air travel operations to control the pandemic (Ranasinghe et al 2020). The consequences of these measures have begun to emerge immediately in every corner of the world (Ranasinghe 2020). The severest impact is on daily waged employees who are struggling to meet their hand to mouth existence and millions of employees are at risk of being fired from their employment. Manufacturers, distributors, producers, sellers are struggling to function their organizations, paying salaries, maintaining properties and so forth. The economic loss globally is estimated to be 3-6 trillion USD by the ADB (2020). Thus as usual the impact has addressed immediately the poor whose food security is at lowest level and then the middle income earners. A potential cure, control or vaccine is far beyond imagination and the time period with the present situation to continue is unpredictable as yet. Thus, a month, three months, six months lock down and disturbed economic activities in different countries will result different outcomes. Yet it is clear that billions of people across the world will run into poverty as a result of the ongoing halt of economic activities. Specially, service economies which are mainly based on intangible economic activities such as outsourcing, financing, tourism and hospitality are predicted to be rigorously affected. Thus, tourism economies mainly island economies with low or almost no other industry and agricultural economic activities are at grave ebb since international exchange is disturbed while their main income source is at halt for a minimum period of an year. Thailand, Maldives, Seashells, Caribbean islands, Cambodia, Laos and many more Island economies at risk due to the continues impact of the pandemic.