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The International Air Transport Association (IATA) on Tuesday announced in Beijing that South African Airways will host the 69th Annual General Meeting (AGM) and World Air Transport Summit (WATS). The event will draw the top leadership of the air transport industry to Cape Town’s International Convention Centre from 2 to 4 June 2013. “South Africa ...
Fresh push to woo Chinese tourists and tap greater share of two-way traffic, including to Maldives Upgrade brings total flights to four cities in China including Hong Kong to 21 per week By Nisthar Cassim in Beijing, China In a fresh push to woo more Chinese tourists as well as cater to growing two-way traffic, ...
FACETS 2012, Sri Lankaandrsquo;s only International Gem and Jewellery Show which is expected to be held from the 5 to 8 September this year, has all 154 booths sold out, with inquiries continuing to come in from countries like Russia and China to send buying delegations.
Passenger traffic at Dubai International, the world’s fourth busiest hub for international passengers and freight, crossed the 4.5 million mark for the fourth consecutive month, according to the April traffic report issued by Dubai Airports. Passenger traffic in April reached 4,566,673, an increase of 7.8 per cent compared to 4,237,548 during the corresponding month in ...
Reuters: Euro 2012 got off to an incident-packed start on Friday with Group A favourites Russia thrashing the Czech Republic 4-1 while Greece spoiled the party for co-hosts Poland in a drawn opening match as both teams finished with 10 men. Russia captain Andrei Arshavin turned in an inspired
AFP: RUSSIA’S Maria Sharapova became the 10th woman in tennis history to win all four Grand Slam titles yesterday when she defeated Sara Errani of Italy 6-3, 6-2 in the French Open final. In what turned out to be largely one-sided contest, the second seed and new World No 1 led
Given one month extension pending reconstitution Adding to the confusion and controversies, the Board of Directors of the BOI is in limbo with subject Ministry Secretary Dr. P.B. Jayasundera giving it a month’s extension. The move follows the tenure of the members of the Board ending recently and until the latest extension indicated this week, ...
The debate on importation of lower cost tea has seen some theoreticians weighing in with their opinions. Rohantha Athukorala in his May 29 “Should SL take ‘tea hub’ route?” article in the FT claims that creating Pure Ceylon brands is close to impossible due to the cost and effort required. Hilmy Cader says the same ...
A document named ‘Growing Together’ prepared by UNESCAP for the sixty sixth session of ESCAP states that the realisation of what is termed as the ‘Asia Pacific century’ will depend on the region’s ability to harness the potential of regional economic integration. A shared history and culture, complementarities arising from their very different levels of ...
Reuters: So excited was Goksu Uctas at the thought of becoming Turkey’s first Olympic gymnast, she wanted the five Olympic rings tattooed on her arm. For now, though, the London-bound athlete has settled for a silver necklace of the famous symbol, which she twirls excitedly in her fingers. While Turkey excels at wrestling and weightlifting ...
Reuters: Spain will try to become the first team to win three successive major international titles while Germany will hope to lift their first trophy since 1996 when Euro 2012 kicks off on Friday. The backdrop of the three-week tournament being staged by Poland and Ukraine across a vast stretch of eastern Europe has already ...
Reuters: Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc, told jurors at the insider-trading trial of one of the investment bank’s former directors that “all parts” of a 2008 board meeting the two attended were confidential. “If something is discussed in a board meeting, it is confidential,” Blankfein said, when asked about a ...
LONDON (Reuters): Global manufacturing activity expanded at its weakest pace for five months in May with a battered Europe proving the main drag on growth, a report showed. The Global Manufacturing Purchasing Managers’ Index (PMI), produced by JPMorgan with research and supply management organisations, fell to 50.6 in May from April’s 51.0, its lowest reading ...
FRANKFURT (Reuters): Deutsche Bank’s new leaders said on Friday they intended Germany’s flagship lender to be among the world’s top global banks as the sector consolidates. Speaking to staff on his first day as Co-Chief Executive, Anshu Jain took a swipe at Swiss and French competitors by saying Deutsche would likely be the only “truly ...
Reuters: Syria is nearing full-blown sectarian civil war that would be catastrophic for the entire Middle East, Western nations said on Thursday, urging Russia to end its support for President Bashar al-Assad and put pressure on him to stop the bloodshed. With anti-Assad rebels urging international
Ambassador Zamir N. Kabulov, Russian President’s Special Envoy on Afghanistan, called on Prime Minister Syed Yusuf Raza Gilani at the Prime Minister’s House here today and said that enormous commonalities existed between Pakistan and Russia on regional issues and bilateral cooperation
Wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of the Chairman from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment. The media reports have given the impression that ...
Ballooning trade gap Even with the multitude of measures taken to curb imports, Sri Lanka's cumulative trade deficit widened to nearly US$ 1.7 billion in the first two months of the year with earnings from exports increasing marginally by 3.3 per cent to US$ 1.8 billion whilst import expenditure shooting by 24.7 per cent to ...
After the LTTE was defeated, a campaign designed to promote Sri Lanka as a leisure and investment destination labelled ‘The Small Miracle’ was shot down, ostensibly on the ground that the miracle was in no way ‘small’. The marketing value in Sri Lanka’s compact size, our rich biodiversity, the diversity of leisure locations and physical ...
CAPE CANAVERAL, Fla., (Reuters): Astronauts aboard the International Space Station captured the SpaceX Dragon cargo ship and guided the privately owned craft into a docking berth on Friday, opening a new chapter in the U.S. space program. The unmanned capsule was the first commercial spaceship to reach the orbital outpost. “This really is the beginning ...
BRUSSELS (Reuters): Rising tensions with India and China over the European Union’s “arrogant” law on carbon emissions could rob the region of the markets that can rescue it from economic malaise, airline leaders said last week. They also said they had prepared contingency plans for a possible exit of Greece from the euro, as part ...
Reuters: Using FBI wiretaps, email, phone records and the testimony of a Goldman Sachs Group Inc director, US prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading trial of onetime corporate star Rajat Gupta. The 63-year-old Gupta is accused of providing now-imprisoned hedge fund manager Raj Rajaratnam with boardroom ...
ww.wsws.org: On May 20, the Socialist Equality Party and International Student for Social Equality (ISSE) held a successful congress of plantation workers at Hatton, in Sri Lanka’s central hill region. A number of workers, including several dozen from the Nuwara Eliya and Badulla tea plantation districts, as well as youth and students from Jaffna, Kandy ...
MACAU,(Reuters): Russia is placing bets that plans to build a gambling and entertainment zone near the port city of Vladivostok will lure investors who have spent big money on casinos for Asian gamblers in Macau and Singapore. Vladivostok, located near China and known more for its oil and gas pipes
The UNWTO has welcomed the Declaration issued by the Tourism Ministers of the G20 economies (T20) calling for priority to be given to facilitating travel as a means to boost economic growth and create jobs. The Declaration states, “To ensure that tourism can play a key role in creating employment opportunities, both directly and indirectly ...
Reuters: An unmanned rocket owned by privately held Space Exploration Technologies blasted off from Cape Canaveral Air Force Station on Tuesday for a mission designed to be the first commercial flight to the International Space Station. The 178-foot (54-meter) tall Falcon 9 rocket lifted off at 3:44 a.m. (0744 GMT) from a refurbished launch pad ...
Reuters: Iranian President Mahmoud Ahmadinejad will visit China in June for a security summit and discuss his country’s disputed nuclear program with Chinese President Hu Jintao, a senior diplomat said on Wednesday, criticising new sanctions aimed at Iran. Ahmadinejad will be attending the Shanghai Cooperation Organisation (SCO) meeting hosted by Beijing in June, China’s Vice ...
Minister of External Affairs Prof. G.L. Peiris will pay an official visit to the Russian Federation on the invitation of Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation on May 23. During the visit Prof. Peiris will hold official talks with his Russian counterpart on a range of issues of importance to both ...
The dates for the Rugby World Cup Sevens 2013 have been confirmed. The event, which will take place in Moscow from 28-30 June, will see 24 men’s teams vying for the coveted Melrose Cup, while the top 16 women’s teams in the world will also compete at the Luzhniki Stadium in Moscow. Three years out ...
Pakistan won its first SAARC Film Award on Sunday night for the documentary ‘Saving Face’ that chronicles the work of a British plastic surgeon who rebuilds the faces of women disfigured by acid attacks. Another Pakistani movie nominated for the Awards was Mehreen Jabbar’s directed Raam Chand Pakistani, which bagged silver medal in the Best ...