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The need of the hour is for the countryandrsquo;s tourism industry to come up with a joint plan for promotion which has the support of all stakeholders, says Sri Lanka Association of Inbound Tour Operators (SLITO) President, Mahen Kariyawasan.
Securities and Exchange Commission of Sri Lanka (SEC) in its first-ever statement following the appointme4nt of Dr. Nalaka Godahewa emphasized that it had not initiated any new investigations as alleged.
Sri Lanka has much outside potential as the country is well positioned to attract Islamic finance and even non-Islamic segments of the society are lured to invest with Islamic windows of conventional banks which are developing into a major driver of the banking industry, Amana Bank CEO and Managing Director Faizal Salieh said.
By Vipula Wanigasekera Except for non-Buddhists and a very few, almost every Buddhist family sends their children to Buddhist schools on Sundays whether they study Buddhism as a subject in school or not. The purpose of this is said to be efforts on the part of parents to retain the Buddhist teachings and values among ...
The much anticipated Islamic Finance News Roadshow will be inaugurated today by the Governor of the Central Bank of Sri Lanka, Ajith Nivaard Cabraal. The Governor will deliver the key note address at this forum which will also see the attendance of many other key officials of the Sri Lankan Islamic banking and finance industry. ...
MOST Sri Lankans on Wednesday morning awoke to the pleasant news that the country had won its first bronze medal in the Para Olympics, yet given the treatment of most differently-abled people, Sri Lanka has a long way to go before it can be truly proud of its treatment to these talented individuals. Sri Lanka ...
Sri Lankaandrsquo;s premier resort brand, Heritance Hotels and Resorts swept the green and individual awards at the recently concluded Sri Lanka Tourism Awards.
Oracle Fusion Middleware Country Sales Manager for Pakistan and South Asia Growth Economies Sajid Akbar in an interview withandnbsp;Ceylon FTandnbsp;said that Sri Lanka is one of the strong emerging markets in the region when it comes to information technology (IT).
Sri Lanka being a developing country with mixed economic sentiments, an ordinary layman might find it difficult to be optimistic about the prospects for local as well as for the global economy. Every country is influenced by the global economic situation, and hence every person will in-turn be affected by the global economy.
United Arab Emirates-based Pure Gold, the reputed and award winning multinational jeweller, is to arrive in Sri Lanka shortly with a US$ 50 million investment and is to set up 30 sales outlets in the country by 2015/16, providing a boost to the countryandrsquo;s gem and jewellery sector, the Ministry of Industry and Commerce announced yesterday.
Hero MotoCorp Ltd marking the launch of brand andlsquo;Heroandrsquo; in Sri Lanka the first international market, said that the country is a land of opportunities and is a key market for many Indian companies.
Eric Salama andndash; CEO of Kantar is now in Sri Lanka to meet with local business leaders, hosted by LMRB, a fully owned subsidiary of the Kantar group.
Alpha Industries (Pvt) Limited, the undisputed market leader in Sri Lanka, for Security safes and steel furniture ventured in to fresh grounds by exporting its products to Bangladesh recently.
The Islamic Finance News (IFN) Roadshow, which is scheduled to take place this Thursday, will create an ideal forum to deliberate on the tremendous opportunities available for Islamic finance in the country, said Faizal Salieh, Amana Bank’s Managing Director/CEO. Amana Bank is the Lead Strategic Partner for the event, which will bring together the country’s ...
Microsoft Sri Lanka has some great news in store for all their customers who are awaiting the October launch of the new metro style Windows 8. As a special prelaunch privilege, Microsoft is offering all customers who purchase a qualifying Windows 7 PC with Home Basic or higher version from now until 31 January 2013 ...
The Janatha Vimukthi Peramuna (JVP) claims the public is being misled by the President’s personal involvement in election campaign of the governing party in three provinces. JVP General Secretary Tilvin Silva told a news conference yesterday that attempts by the Elections Commissioner and his officials to hold a free and fair election are being hampered ...
Former top civil servant Dr. Prathap Ramanujam has been appointed to the Board of Senkadagala Finance Plc as an independent non-executive director with effect from 1 September 2012. Dr. Ramanujam retired after 38 years of distinguished service in the public sector. He was the Permanent Secretary to several key Ministries including Tourism, Livestock Development and ...
The fifth edition of andlsquo;Sri Lanka tourism awardsandrsquo; ceremony was held last Thursday (August 31) at the Waterandrsquo;s Edge with the participation of a large number of hoteliers and other stakeholders of the tourism industry.
JAT Holdings recently opened a Herman Miller showroom in Sri Lanka. The opening of the showroom, which contains a range of furniture of the globally renowned brand, was attended by representatives of JAT Holdings, Herman Miller and Posh Office Systems, a company owned by Herman Miller.
Eden Resort and Spa General Manager Eksath Wijeratne in an interview withandnbsp; Ceylon FTandrsquo;s Hiyal Biyagamage, opines that hospitality is in the blood of all Sri Lankans but cautions andnbsp;that the country has to be aggressively marketed asandnbsp; a discerning tourist destination.
Suspicion exists that Sri Lankaandrsquo;s economy will be adversely affected by entering into the Comprehensive Economic Partnership Agreement (CEPA) with India, states a recent report released by Asia Wealth Management Research. The full text of the report, which explores the extent of the validity of this suspicion, is given below.
Sri Lanka is to become the first international market where the new brand identity of Indiaandrsquo;s Hero Motocorp Ltd., is being launched, with the new identity being unveiled at Waters Edge today.
Eden Resort and Spa General Manager Eksath Wijeratne in an interview with Ceylon FT, opines that tourism stakeholders should seriously look at aggressively marketing Sri Lanka as a much sought-after tourist destination and should have a more investor-friendly bureaucracy, as far as the sector is concerned.
Although the hegemonic influence of India exerted through its long-standing political, economic and social relationship with Sri Lanka cannot be discounted, a level playing field can be achieved between the two parties at least in terms of trade disputes, in the event Sri Lanka-India Comprehensive Economic Partnership Agreement (CEPA) materializes, opines Asia Wealth Management Research.
The world-renowned Islamic Finance News (IFN) Roadshow will hit the shores of Sri Lanka this September, bringing together the country’s Islamic finance industry and its key regulatory stakeholders to one forum to discuss the issues, challenges and potential of the industry. Having pioneered the concept of Islamic banking in Sri Lanka, Amana Bank has partnered ...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently recognized 20 top companies as strategic level training partners at a special ceremony held at the Instituteandrsquo;s Colombo 7 premises.
Phoenix industries, one of the largest plastic molding company in Sri Lanka with over 35 years of industry experience, laid the foundation stone for a new plant situated at Horana, which will be fully dedicated to Unilever.
The first-ever Agency andlsquo;Show and Tellandrsquo; was held last Wednesday (29) for the finalists battling for the titles in the Spikes Media category and the Spikes Integrated category for the upcoming Festival of Creativity to be held in Singapore. The winners of their respective categories will represent Sri Lanka at the Young Spikes competition this September in Singapore.
IFC, a member of the World Bank Group, this week hosted an advanced trade finance seminar in Colombo to train bankers from Sri Lanka and Maldives on using sophisticated trade finance products, the better to serve small entrepreneurs engaged in international trade.
HSBC Sri Lanka was presented with the prestigious Credit Card Initiative of the Year award by Asian Banking and Finance 2012 for the launch of its Visa Signature credit card in Sri Lanka, at a special awards ceremony held at the Shangri-La Hotel, Singapore on 23 August 2012.