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- www.ft.lk - Category : Business - Relavancy : 0.05925771

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.04190153

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 ...

- www.ft.lk - Category : Business - Relavancy : 2.5188794

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

- www.ft.lk - Category : Business - Relavancy : 0.11173741

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 ...

- www.ft.lk - Category : Business - Relavancy : 0.14515115

Expolanka Holdings PLC yesterday acquired the controlling stake in Akquasun Holidays India (Pvt) Ltd. at a cost of US$ 915,000, thus further consolidating both its presence and strength in the leisure and travel sectors. Akquasun Holidays, the Mumbai-based destination management specialist is a B2B Destination Management network company. Primarily mandated to attracting traffic from emerging ...

- www.ft.lk - Category : Business - Relavancy : 0.16934301

Expolanka Holdings PLC yesterday acquired the controlling stake in Akquasun Holidays India (Pvt) Ltd. at a cost of US$ 915,000, thus further consolidating both its presence and strength in the leisure and travel sectors. Akquasun Holidays, the Mumbai-based destination management specialist is a B2B Destination Management network company. Primarily mandated to attracting traffic from emerging ...

- news360.lk - Category : Breaking News - Relavancy : 0.37540746

mandated to attract traffic from emerging markets like India, Russia and China. “This acquisition gives ...

- itnnews.lk - Category : Breaking News - Relavancy : 0.37540746

Sri Lanka’s largest business chamber has signed a deal with an organization representing Brazil, Russia, India, China and South Africa (BRICS) to increase trade ties. The Ceylon Chamber of Commerce said it had inked the agreement with the Chamber for Promotion and Economic Development

- www.ft.lk - Category : Business - Relavancy : 0.37540746

The Ceylon Chamber of Commerce (CCC) signed a cooperation agreement with the Chamber for Promotion and Economic Development of the BRICS Countries (Brazil, Russia, India, China and South Africa) called ‘BRICS-PED’ recently. This special agreement will initially promote an identified

- news360.lk - Category : Breaking News - Relavancy : 0.13967176

Ceylon Chamber of Commerce has signed a co-operation agreement with the Chamber for Promotion and Economic Development of the BRICS countries to promote trade. Under the agreement, CCC will initially promote an identified range of products and services between Sri Lanka and BRIC countries and also  facilitate alliances on reciprocal basis. The agreement has come into effect ...

- www.ft.lk - Category : Business - Relavancy : 0.09777023

Dubai’s rapidly-expanding hotel industry has posted an all-time high of Dh16 billion ($4.35 billion) in revenues during the first quarter of 2012, marking an increase of 24% over last year’s figures. Dubai hotels also showed a nine% increase in guest numbers (which crossed the nine million mark), 22% jump in guestnights and a 12 per ...

- www.ft.lk - Category : Business - Relavancy : 0.37540746

Sri Lanka’s embassy in Russia has completed an innovative project to further promote Sri Lanka as the preferred tourism destination among the Russian people. Under this project, which was ably supported by Sri Lanka Tourism, they have compiled a tourist guidebook on Sri Lanka in the Russian

- www.ft.lk - Category : Business - Relavancy : 0.06983588

Prospects for the global economy are slowly improving again, but growth is expected to be weak, especially in Europe, and unemployment in many advanced economies will stay high, according to the IMF’s latest forecast. Although action by policymakers in Europe and elsewhere has helped to reduce vulnerabilities, risks of a renewed upsurge of the crisis ...

- colombopage.com - Category : Breaking News - Relavancy : 0.53090626

Apr 17, Colombo: The Sri Lanka Embassy in Moscow, Russia has published a Catalogue of Tourism in Sri Lanka in Russian language to promote Sri Lanka as a tourist destination in Russia and the Commonwealth of Independent States (CIS) countries including Ukraine, Belarus and Kazakhstan .

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- news360.lk - Category : Breaking News - Relavancy : 0.37540746

Sri Lanka has compiled a tourist guide book in Russian language to promote the Island nation among the people of the former communist country. The initiative, which is a move by the Sri Lankan embassy in Russia, contains the country profile, places to visit in Sri Lanka, information

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- www.ft.lk - Category : Business - Relavancy : 0.37540746

Sri Lanka’s embassy in Russia has completed an innovative project to further promote Sri Lanka as the preferred tourism destination among the Russian people. Under this project, which was ably supported by Sri Lanka tourism, they have compiled a Tourist Guide Book on Sri Lanka in the Russian

- www.ft.lk - Category : Business - Relavancy : 0.08380306

Several days after its original announcement of suspension of flights during off-peak season, SriLankan Airlines retracted saying services to Rome, Milan and Moscow will continue uninterrupted. “SriLankan Airlines’ services to Rome, Milan and Moscow will remain uninterrupted as per the present schedule. The flight frequencies to these three destinations will also remain the same,”...

- www.ft.lk - Category : Business - Relavancy : 0.069134

Deals worth $ 12.1 m under negotiation “An invaluable learning curve for Sri Lanka’s international trade scheme,” says Rishad The recently-concluded Expo 2012 was a successful event, coming after a lapse of 15 years. “Expo 2012 garnered confirmed orders to the value of US$ 66,090 and currently orders under negotiation amount to US$ 12,110,315. There ...

- www.ft.lk - Category : Business - Relavancy : 0.13967176

SriLankan Airlines yesterday announced certain capacity adjustments to its European route network, taking into consideration the rise in fuel and operational costs and economic indicators in the EU region. It said taking current travel trends into consideration, the airline will cancel flights to Zurich, Switzerland during the off-peak from 1 May to 26 June and ...

- www.ft.lk - Category : Business - Relavancy : 0.11173741

Expo 2012, organised by the Export Development Board, provided an ideal opportunity to Sri Lanka Tourism industry to promote its product to the international market. At the end of the event, Sri Lanka Tourism Promotion Bureau (SLTPB) had been able to achieve its targets successfully. The stall of the SLTPB was one of the eye ...

- www.ft.lk - Category : Business - Relavancy : 3.5264313

A new Air Services Agreement between Sri Lanka and the Russian Federation was signed at the Ministry of Transport of Russia in Moscow on 26 March. Sri Lankan Ambassador in the Russian Federation Udayanga Weeratunga signed the Agreement on behalf of the Government of Sri Lanka while Deputy Minister

- www.ft.lk - Category : Business - Relavancy : 0.08380306

The Expo 2012 show that commenced yesterday highlights Sri Lanka’s export products across more than 20 sectors. “Expo 2012 is a viable platform for UAE to identify the export product portfolio of Sri Lanka. In fact, we did not know that Sri Lanka has such a huge export portfolio until today,” said Rashid Al Telaji, ...

- www.ft.lk - Category : Business - Relavancy : 0.06983588

Travel and tourism is set for a milestone year as the industry’s direct contribution to the global economy is expected to pass $2 trillion in GDP and 100 million jobs. According to research by the World Travel and Tourism Council (WTTC), the global travel and tourism industry will grow by 2.8% in 2012, marginally faster ...

- www.ft.lk - Category : Business - Relavancy : 0.11173741

By Uditha Jayasinghe Showcasing the need for vigilance, over 1,500 foreigners who remained illegally in the country after their visas expired were detected within the first two months of 2012, a top immigration official said yesterday. Controller General of Immigration and Emigration Commissioner for Registration of Persons of Indian Origin W. Perera told the Daily ...

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- www.ft.lk - Category : Business - Relavancy : 0.09777023

Loss-making State-owned enterprises are nothing new in Sri Lanka. One of the better known ones is SriLankan Airlines, which was given to Emirates due to its inability to breakeven but was retaken by the present Government. Pros and cons of this move is history but cash-strapped and a midst losses, it appears that the Government ...

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- www.ft.lk - Category : Business - Relavancy : 0.04190153

Today is 19 March 2012. The day and the month of March are significant in the lives of many people – some celebrating birthdays, some wedding anniversaries, while others nurse what is yet left over from the hangover of the three day drawn encounter that we experienced a week ago or the limited over Royal ...

- news360.lk - Category : Breaking News - Relavancy : 0.11173741

Sri Lanka will see nearly 1000 international buyers arriving in the country to explore opportunities at its Expo 2012, country’s largest export promotion event, which will commence during the last week of this month. The country’s Export Development Board says, already they have enlisted to take part in the event which will ...

- www.ft.lk - Category : Business - Relavancy : 0.09777023

By Cheranka Mendis Sri Lanka’s tourist arrivals rose 27% to 83,549 in February from a year earlier, continuing the growth momentum established in 2010. Data released by the Sri Lanka Tourism Development Authority yesterday showed arrivals topping 169,423 during the first two months of the year, a 21% increase from the period a year ago. ...

- www.ft.lk - Category : Business - Relavancy : 0.08380306

With just 12 days to go, Sri Lanka’s largest mega trade, investment and tourism promotion initiative ‘Expo 2012’ has attracted close to 1,200 people, exceeding the expected 1,000 mark, EDB Chairman Janaka Ratnayake said yesterday. Speaking to the Daily FT, he asserted that the number of participants had increased by 500 from last week, when ...

- www.ft.lk - Category : Business - Relavancy : 0.08380306

Dubai has further consolidated its position on the global tourism map with an impressive all-round performance in 2011 registering a 10 per cent growth in visitor numbers which soared to 9.3 million, said a senior official. The hotels and hotel apartments in Dubai have registered solid occupancy levels during the year besides posting an impressive ...

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