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Sri Lanka and Poland have agreed to boost bilateral ties including an exchange delegation and special promotion at the upcoming Warsaw Fair 2012. New measures and strong existing ties came up for discussion when the visiting Polish Under Secretary of State for Oriental Policy Jerzy Pomianowski paid a courtesy call on Economic Development Minister Basil ...
The 37th Annual General Meeting of the Pacific Asia Travel Association (PATA) Sri Lanka Chapter was held recently at the Ceylon Chamber of Commerce. Silver Line Tours Managing Director Shamali De Vaz was elected as the Chairperson of the Chapter for the year 2012-2013. Jetwing Hotels Managing Director Ruan Samarasinghe and Aitken Spence Hotels Head ...
In the upbeat atmosphere of the post-high level Indian trade push on Sri Lanka, the Sri Lankan business community and CEOs are now upbeat on the dawning new biz prospects. Fresh initiatives by the high-level Indian business delegation to Sri Lanka led by Indian Minister of Commerce, Industry and Textiles Anand Sharma saw announcements of ...
The office bearers of the Sri Lanka-China Business Council (SLCHBC) of the Ceylon Chamber of Commerce paid a courtesy call to the newly appointed Ambassador of the People’s Republic of China Wu Jianghao in Colombo. The visit intended to renew the strong ties established between the Council and the Embassy of China in Colombo. Recalling ...
The country has entered into an era that was not witnessed for past 25 years. Growth rates of the economy cannot even be compared during this period as the ground situation in micro terms have changed drastically that was never before during a quarter of a century. The volatility and events of macro factors make ...
By Martin Roll The last decade has seen cities, islands and countries aggressively branding themselves in order to create a resonating identity among stakeholders and build sustainable lifetime customer relationships. Country branding refers to a process in which a country claims a distinct positioning in the minds of its citizens, global customers and stakeholders. To ...
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
Tea is our pride, for which we can be proud of for the reason that it is the best tea on the globe. It is the duty of every Sri Lankan, especially the diplomatic missions worldwide, to defend and promote our silver inherited as much as the beauty of Sri Lanka which is matchless. Sri ...
BANGKOK: Collective international arrivals into Asia Pacific1 destinations grew by 4% year-on-year during April 2012, according to preliminary data released last week by the Pacific Asia Travel Association (PATA). In percentage growth terms, this result was relatively constrained across the region compared to the robust expansion achieved during the first quarter of the year. A ...
The 18th Annual General Meeting of the Sri Lanka-Malaysia Business Council was held at the Ceylon Chamber of Commerce recently. The council, which focuses on the objectives of ‘promoting investment, trade and joint ventures between Sri Lanka and Malaysia,’ functions under the aegis of the Ceylon Chamber of Commerce. High Commissioner for Malaysia in Sri ...
Dr. Jerome Agrusa Professor and Program Chair of Travel Industry Management in the College of Business Administration at the Hawai’i Pacific University (HPU) has expressed his willingness to visit Sri Lanka in the near future. The invitation was extended by Padmasena Dissanayake of Scholarships for USA (Pvt) Ltd. (www.scholarshipsforusa.com) HPU’s representative in Sri Lanka when ...
Mount Lavinia Hotel has always been a catalyst to take steps of changing landscape with its own set of new challenges. Now it envisages empowerment and enhancement of Hospitality Education and Training within the country and in the region also. Mount Lavinia Hotel has branched out into Maldives with the opening of its sister hotel ...
Cantaloupe Aqua, a private hotel and beach club, was recently featured in the UK’s Sunday Times Travel Magazine as one of the top 50 ‘Unbelievable Hotels Under £100’. Named among some of the top hotels around the world, Cantaloupe Aqua was the only Sri Lankan hotel to make it into the top 50. The Sunday ...
The Pathfinder Foundation (PF) welcomes IMF Country Director Dr. Koshy Mathai’s call for increased exports to India and China. Dr. Mathai, in his keynote address at the Annual General Meeting of the Exporters’ Association, stressed two interlinked themes that have been the subjects of several previous Economic Flashes and Economic Alerts: the decline in Sri ...
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
Whilst tracking the key moments of the London Olympics, I realised how reliant I was on the text updates that beeped on my Blackberry and then when time permits go to YouTube or the official websites to experience this key happening as it unfolds to the world. But, then I realised that my friends had ...
By Cheranka Mendis With the anticipated growth of the country’s tourism sector, the need to develop suitable human capital in the aviation industry is becoming a key priority in the sector. Aspiring to become the one and only recognised and accredited industry training facility in South Asia, International Aviation Academy (IAA) will work on partnering ...
Diversified blue chip Aitken Spence Plc has reported a pre-tax profit of Rs. 918 million for the first quarter, a growth of 25%, over the previous year, while the Group’s revenue rose by 54% to Rs. 8.61 billion. Earnings per share for the quarter stood at Rs. 1.58, an increase of 16% over the corresponding ...
Want to directly involve in the five-hub strategy in a big way Two new export zones coming, will act as India’s supply chains India to double bilateral trade to $ 10 b by 2015 $ 5 b Indian investments in various sectors now lined up $ 5 b investments are apart from huge outlay ...
PTI (COLOMBO): India expressed its keenness to invest in development of war-torn Sri Lanka in a big way, for which it promised to rope in private players in sectors like ports and exploration of oil and gas. Commerce Minister Anand Sharma also reaffirmed India’s commitment to building infrastructure and institutions in Sri Lanka during his ...
The Sri Lanka-India CEOs Forum organised by the Ceylon Chamber of Commerce (CCC) and Federation of Indian Chambers of Commerce and Industry (FICCI) was held on Saturday with the participation of a large number of CEOs from both Sri Lanka and India. The Co-Chairs for the event were Kulatunga Rajapakse, Managing Dir-ector of DSI Samson ...
By Uditha Jayasinghe and Cheranka Mendis Setting out an ambitious plan, India yesterday outlined extensive investment potential in Sri Lanka centred on infrastructure, tourism and pharmaceuticals apart from offering preferential access to double trade to $ 10 billion by 2017. Indian Commerce, Industry and Textiles Minister Anand Sharma, who is on a three-day visit to ...
Widening the horizons of language education, Sri Lanka Foundation (SLF) launched the SLF Language Unit on 31 July 2012 at the SLF premises. The SLF Language Unit will cover a variety of languages under two different categories – Classical and Modern. Students who join the Language Unit will be able to learn Sinhala, Tamil and ...
Indo-Sri Lanka relations have always been interesting not only because of their implications but also given the way in which they change. Economic relations have always been important because India is Sri Lanka’s largest trade partner and the visit of the Indian Commerce Minister together with 105 company representatives has opened new opportunities for the ...
The Eleventh Meeting of the World Committee on Tourism Ethics in Rome closed recently with calls to make “Safe Coastal Tourism” a priority in coastal destinations worldwide. The Committee heard from invited guest, Caroline Danneels, founder of the non-profit organization “Safe Coastal Tourism”, on the importance of safety precautions at beaches and marinas across the ...
16 July 2012 marked the second anniversary of Ulagalla Resort – the landmark property of UGA Resorts Sri Lanka. Surrounded by a pristine environment in an unspoilt wilderness, this splendid eco retreat, hidden away in the quiet village of Thirappane in the Anuradhapura District, lies in the heart of Sri Lanka’s Cultural Triangle and offers ...
Saffron Aviation Ltd., a joint venture between John Keells Holdings PLC (JKH), MMBL Leisure Holdings Ltd., and Phoenix Ventures Ltd., yesterday signed an agreement with the Board of Investment (BOI) to establish a domestic air taxi service in Sri Lanka with an initial investment of $ 6.8 million out of a total planned investment of ...
Emirates’ A380 route network has extended to the Netherlands with the launch on 1 August of services to Amsterdam. Emirates is the first carrier to offer a scheduled A380 service to the Netherlands, after just two years since its first flight to Amsterdam. The double decker will operate as EK 0147, departing Dubai to Amsterdam ...
Sri Lanka has achieved excellent results in its Northern and Eastern rehabilitation and resettlement program and post-conflict economic development drive, a top United Nations official has said. John Ging, the Director of the Coordination and Response Division of the UN Office for the Coordination of Humanitarian Affairs (OCHA) with Economic Development Minister Basil Rajapaksa ...
A recollection of collective victory The Sri Lanka Export Development Board (EDB) celebrates its 33rd anniversary in August 2012. EDB deserves a high degree of praise for its remarkable contribution made toward the socioeconomic development of the country, the key national institution for export development and promotion during the last 33 years, sharing its responsibility ...