By Cheranka Mendis Classic Travel (Pvt) Limited early this week partnered with the holiday division of Thai Airways International, Royal Orchid Holidays who promises to ‘provide unmatched experiences to the Sri Lankan holiday maker.’ The agreement appoints Classic Travel as an agent for Royal Orchid Holidays. Chief Executive Officer Classic Travel Suresh Mendis speaking to ...

Amidst crises in the region, Sri Lanka remains the star for both stock market and tourism sector performance in Asia. As reported in the Daily FT on Monday, the Colombo Stock Exchange remains Asia’s best performing frontier market with an over 2% year to date growth. This is in contrast

Targets hotel sector; offers seven FCS products to local customersBy Cheranka Mendis Supporting the boost in tourism, integrated solution provider Fentons Limited forged a partnership with one of the world’s leading hospitality solution providers, FCS Computer Systems, on Wednesday, offering Sri Lankan hospitality industrialists world class solutions for their companies. The partnership, whi...

By Cheranka Mendis Pioneers in ayurvedic hospitals and resorts, Hettigoda Group yesterday ceremonially opened its newly renovated Siddhalepa Ayurveda Health Resort in Wadduwa. The resort which has been completely renovated and refurbished at a cost of Rs. 150 million in a period of two months is looking at expanding and adding more features within the ...

Ex-England skipper Martin Corry during a three day visit to Sri Lanka to train the Navy rugby team finds time to have a chat with Daily FT. His visit was arranged and funded by Frontier Automotive Ltd., sole agent for Land Rover in Sri Lanka, Principal Sponsor of the Sri Lanka Navy Rugby teamBy

High net worth investor Dilith Jayaweera yesterday described the 10% stake bought in HVA Foods Plc for Rs. 300 million as strategic given the upside. “I see great value in HVA Foods considering some of the initiatives undertaken in China in promoting its Ceylon tea brands as well as other plans. It was bought for ...

Despite a staggering Rs. 10.3 billion accumulated loss at the owning company of Sri Lanka’s premier five star hotel and the Government at large, world famous Hilton has been feasting with earnings, the Daily FT learns. Following the release of annual accounts for two decades this week

Colombo Land, Lanka Hospitals cherry picks trading at all time highSpeculative play returned to the credit-feasting Colombo stock market yesterday in greater velocity as retailers and high net worth investors cashed in on rebound in sentiments. Colombo Land and Lanka Hospitals were cherry picks of the speculative play as they figured number one and third ...