More expansion planned to ride the post-war rebound in tourism and entertainmentBy Cheranka Mendis  Hilton Colombo Residence has embarked on a major renovation plan for the hotel to reap post war benefits starting with the expansion and refurbishment of its Union Ballroom. Completed in seven months at a cost of US$ 3 million, the Union ...

Reuters: AT&T has dropped its controversial $39 billion bid for Deutsche Telekom’s US wireless unit, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives. AT&T will have to find another way to address its shortage of wireless airwaves

Organisational sustainability is the ability for a group of persons to endure the internal and external pressures of a culture, through change and innovation, as they endeavour to deliver their specific products.There are seven components to create organisational sustainability. 1.Organisational identity Every organisation needs to distinguish and market its organisational identity. The organisati...

AUCKLAND, 12 Sept. – The eight matches played so far at Rugby World Cup 2011 may have resulted in only one positional change in the latest IRB World Rankings, but there was no shortage of thrills and spills with Wales, Argentina and Romania all coming agonisingly close to causing upsets

Stock Broking firm Capital Alliance suggests that the 2.6 million tourist arrivals target isn’t a pipedream but achievable though it will be only by 2020, which is 4 years later than the Government and industry set timeline of 2016. “The Government projects 2.5m arrivals in 2016, but the industry will lack the rooms and trained ...