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The Central Bank said that inflows continued to improve in May, with better prospects in July as well. It said with respect to inflows to the services account of the balance of payments, earnings from tourism in May 2012 grew at a healthy rate of 20.6%, year-on-year, to $ 57 million, while during the first ...
- Gross official reserves top $ 7 b mark (Category: Business)
- Inflows cushion current account in balance of payments: CB (Category: Business)
- Worker remittances up 25% in January (Category: Business)
- Foreign inflows buoyant: CB (Category: Business)
A Memorandum for Co-operation between the Chinese People’s Association for Peace and Disarmament (CPAPD) and the Pathfinder Foundation (PF) was signed yesterday in Colombo. The Memorandum was signed by CPAPD Deputy Secretary General Chen Huaifan and Executive Director Luxman Siriwardena on behalf of the PF. The event was witnessed by Pathfinder Foundation Founder Milinda Moragoda, ...
- Sri Lanka Should Plug Into Asian Supply Chains (Category: Business)
- Pathfinder Foundation announces new initiatives for 2012 (Category: Business)
- Chief of Staff to the President of Indonesia visits Pathfinder Foundation (Category: Breaking News)
- Pathfinder Foundation study on Sri Lankan integration into Indian supply chains (Category: Business)
Zhang Yi Fan and Shen Yao, a Chinese Couple, married at a wedding ceremony held in the Jetwing Light house Hotel at Galle yesterday. The Poruwa ceremony or the formal wedding, in full compliance with Sinhalese customs, took place at the auspicious time, giving an unforgettable experience to the couple and the visitors. This event ...
- Chinese couple weds in Sri Lanka (Category: Breaking News)
- A collaboration of Indian and Sri Lankan traditions performed through dance (Category: Business)
- Qatari boost for sri lanka (Category: Business)
- Students protest (Category: Business)
Cinnamon Lakeside Colombo excelled in the 21st National Bartender’s Cocktail and Flaring competition held at the BMICH on 15 July. Three talented members of the Cinnamon Lakeside team went through to represent the hotel in the finals. The finalists wowed judges at the Hotel show with Chandika Thilakarathna and Dinusha Vilashani in the Classical category ...
- Highest number of All Island Cocktail Competition qualifiers from Cinnamon Lakeside (Category: Business)
- Cinnamon Lakeside Grabs Highest Number Of Awards At Cocktail Competition Finals (Category: Breaking News)
- Cinnamon Lakeside CSO given bail (Category: Breaking News)
- Overwhelming response to IBM FORUM event hosted in Colombo (Category: Breaking News)
Secretary to the Prime Minister Amarasekera, Secretary to the Ministry of Defence and Urban Development Gotabhaya Rajapaksa, Secretary to the Ministry of Telecommunication and IT Gunasekera, other Ministry Secretaries, ICTA Chairman Professor Epasinghe, FutureGov Asia Managing Director Mohit Sagar, officers and representatives of the sponsors of this conference, Government delegates from our neigh...
- Building resilience in Asia Pacific’s digital society (Category: Business)
- ICT for government reform: Parliamentarians speak up (Category: Business)
- Broadband will represent momentous change: President’s Secy. Weeratunga (Category: Business)
- FutureGov SAARC Summit 2012 begins today (Category: Business)
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- Strengthening ties between ports (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
One hundred and twenty golf pros are set to tee off in Sri Lanka next month at the major professional tour – The Standard Chartered Open 2012. The four day tournament which will debut in Sri Lanka and be held from 15 to 18 August at The Royal Colombo Golf Club, is an event sanctioned ...
- PGTI debuts in Sri Lanka with Standard Chartered Open 2012 (Category: Business)
- Standard Chartered Open 2012 – first professional golf tour in Sri Lanka (Category: Business)
- Sri Lanka to host a major international golf tournament in August (Category: Breaking News)
- Big draw for Standard Chartered Open 2012 (Category: Business)
The commemorative stamps and first day cover for the London 2012 Olympic Games were launched at a reception hosted by the British High Commissioner John Rankin on 23 July at Westminster House. Among the guests present were the Minster for Sports Mahindananda Aluthgamage; Minister for Postal Services Jeevan Kumaratunga; National Olympic Committee President Hemasiri Fernando; ...
- Olympic Stamps And First Day Cover Launched At Westminster House (Category: Sports)
- More Americans Using Food Stamps (Category: USA, Georgia)
- Lower Headcount (Category: Business)
- Applicants: Waited Hours, Days, Weeks To Qualify For Food Stamps (Category: USA, Georgia)
Tourism industry official cum professional Dileep Mudadeniya in his personal capacity has released a book on Sri Lanka’s hosting of the International Indian Film Academy Awards (IIFA) in 2010. Titled ‘IIFA: The Other Side,’ the book in Sinhala, Dileep’s first, recaps the efforts which went in to it, the challenges faced and its success, in ...
- IIFA stopped SL visit-Bachchan (Category: Breaking News)
- It was Bachchan's decision, not IIFA (Category: Breaking News)
- ‘Paranoid Earthling Live’ returns (Category: Business)
Boosting Sri Lanka’s FDI profile, yet another Japanese conglomerate, Fortune 500’s Sumitomo Corporation, is returning to Sri Lanka, with a new strategy. “We warmly welcome back Sumitomo Corp, which left Sri Lanka in 2009. Our Government is prepared do everything possible to facilitate your prompt re-entry,” said Minister of Industry and Commerce Rishad Bathiudeen addressing...
- Japanese firm to re-enter Sri Lanka (Category: Breaking News)
- Japanese Fortune 500 company to re-enter Sri Lanka (Category: Breaking News)
- Healthy Profile (Category: Business)
British HC commends Sri Lanka for progress made over the years By Cheranka Mendis Ceylon Chamber of Commerce Chairman Susantha Ratnayake yesterday called for a new wave of reforms if the country were to come out of current shocks quickly with the least amount of pain. In his address at the chamber’s 173rd Annual General Meeting, ...
- Finagle introduces Frozen Ready-To-Bake range of bakery products (Category: Business)
- Economic Summit kicks off with wakeup call for Sri Lanka (Category: Business)
- US keen to increase trade with Sri Lanka (Category: Business)
- “Sri Lanka has great potential to attract Japanese investors” – Japanese Ambassador (Category: Business)
The Graduation Ceremony and Membership Investiture of The Chartered Institute of Marketing (CIM), Sri Lanka Region was held on Friday 20 July at Waters Edge, Battaramulla. University of Moratuwa Senior Professor Civil Engineering, Malik Ranasinghe was the Chief Guest, while CIM UK Director of Education Anita Stubbs graced the occasion as Guest of Honour. CIM ...
- CIM presents Centenary Walk on Saturday (Category: Breaking News)
- Sri Lanka - CIM launches Introductory Certificate in Marketing (Category: Education)
- Dushan wins prestigious CIM Top Student Worldwide Award (Category: Business)
- Sri Lanka Tourism wins CIM award (Category: Breaking News)
Rohan Somawansa, the 2010/2011 past president of Sri Lanka Institute of Marketing (SLIM) was appointed the Vice President of the Asia Marketing Federation (AMF) at the Annual General Meeting, held in Tokyo, among many candidates from other powerful member countries namely Japan, Indonesia, Thailand, Hong Kong, Philippine, Singapore and Malaysia. Formed in 1991, the Asia ...
- SLIM updates marketing knowledge constantly (Category: Business)
- SLIM equips library with latest marketing publications (Category: Business)
- SLIM students do well at CIM examination (Category: Business)
- Rohan Somawansa Appointed AMF Vice President (Category: Business)
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...
- Lion leads frontier markets (Category: Business)
- Sri Lanka’s growth world’s fourth best! (Category: Business)
- Sharper slip in Sri Lanka’s rank in global competitiveness (Category: Business)
The International Council of Tourism Partners (ICTP) announced that the Sri Lanka Convention Bureau (SLCB) has become the second destination member from the country. The mission of the Sri Lanka Convention Bureau is to position Sri Lanka internationally as a unique venue for MICE activities, resulting in revenue from MICE tourism that will make a ...
- Choices (Category: Business)
- Prema enters the Hall of Fame at PATWA (Category: Business)
- Sri Lanka Tourism Brings Campaign To New York City (Category: Breaking News)
- ITB Asia showcases JKCS’ Zhara hospitality industry software (Category: Business)
According to the Thai Ministry of Tourism and Sports, Thailand recorded a 31% y-o-y increase in tourism receipts in 2011. The total earnings of 776 billion Baht (US$25.45 billion) were also well above the original target of 716 billion Baht (US$ 23 billion). The growth in total number of visitors is being matched by increased ...
- Thai Airways sacks President, jeopardising revamp (Category: Business)
- New York City set for record 50 million tourists in 2011 (Category: Business)
- Kenya 2011 tourism revenues up 32%, sees tough 2012 (Category: Business)
- Foreign visitors to US hit record 62 m in 2011 (Category: Business)
The luxurious Lighthouse hotel in Galle played host to the first Etisalat Android Forum to be held on Sri Lanka’s Southern Coast. The telco who began the innovative idea of Android Forums last November have since successfully completed six forums up to now, the latest being the first in the Southern Province. The forum titled ...
- Sri Lanka’s business elite assemble for Android Business Forum (Category: Business)
- Etisalat takes Android to the east (Category: Business)
- Second round of Etisalat Android forums praised by veterans and neophytes alike (Category: Business)
- Etisalat plans three more Android Forums after success in the first (Category: Business)
An important feature of the recent Sri Lanka Economic Summit, which both the Guest Speaker Gurcharan Das, Author, Columnist and Management Consultant and Keynote Speaker Dr. Kalpana Kochar, Chief Economist – South Asia of the World Bank, referred to were the opportunities presented to Sri Lanka by the ongoing process of globalisation and particularly the ...
- Achieving economic goals amidst global challenges (Category: Business)
- Signs of an economic doomsday… is there a way out? (Category: Business)
- Positioning Sri Lanka in the global economy (Category: Business)
- Development-led globalisation (Category: Business)
The EU Switch Asia Program – Greening Sri Lanka Hotels Project held a reception recently at the Park Street Mews, for senior tourism professionals and other associates. Short presentations were made by representatives from Kuoni, Travel Foundation and Travel Life, all from UK and by Switch Asia Program – Greening Sri Lanka Hotels Project, and ...
Says trade before politics and wants better connectivity for businessmen By Uditha Jayasinghe Sri Lanka should tap into the south Asian region, which is putting trade before politics, said a top official, calling for Sri Lanka to move ahead with the Comprehensive Economic Free Trade Agreement (CEPA). South Asian Association for Regional Cooperation (SAARC) Chamber ...
- Basil urges greater integration by SAARC biz (Category: Business)
- Re-considering SAARC trade (Category: Business)
- Sun Foundation extends its initiative in Sri Lanka (Category: Business)
- South Asia’s private sector unites to fast-track trade facilitation (Category: Business)
With affluence improving post-war as well as its value for money, Sri Lanka is among the fastest growing markets for tourism in Thailand. According to official data from Thailand, visitors from Sri Lanka grew by 20.85% to 32,878 in the first half of this year. Percentage growth wise it is one of the highest apart ...
- Asia Pacific tourism arrivals up 7% in July: PATA (Category: Business)
- Macau tourist arrivals surge (Category: Business)
- Tourist arrivals continue to shoot up (Category: Breaking News)
The Department of Tourism and Tourism Promotions Board of the Philippines have created exclusive tour itineraries for delegates attending the PATA Travel Mart (PTM2012) in Manila, Philippines, September 25-28. The tours are either complimentary or discounted. Each one gives an in-depth insight into the natural resources, heritage, culture – and fun – of the Philippines. ...
- Philippines to host PATA Travel Mart 2012 (Category: Business)
- PATA Mart returns to the Philippines (Category: Business)
- Powerful Typhoon Nesat hits Philippines (Category: Breaking News)
- Rizal Memorial readied for Azkals-Sri Lanka game (Category: Breaking News)
More expansion planned to ride the post-war rebound in tourism and entertainmentBy Cheranka Mendis Hilton Colombo Residence has embarked on a major renovation plan for the hotel to reap post war benefits starting with the expansion and refurbishment of its Union Ballroom. Completed in seven months at a cost of US$ 3 million, the Union ...
- The going is good, says Galadari GM (Category: Business)
- Facelift for two Colombo Fort Hotels’ properties (Category: Business)
- Lighthouse Hotel goes for refurbishment, more rooms (Category: Business)
- Centara to open two hotels in Sri Lanka in second half of 2012 (Category: Business)
The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...
- Thailand ranks as No. 1 outbound destination for Indian travellers (Category: Business)
- Chamber of Tourism and Industry Chief meets Thai Deputy PM and Tourism Minister (Category: Business)
- Discussion on ‘Bilateral Trade between Sri Lanka and Thailand’ (Category: Business)
- Huawei launches its largest-ever regional Seeds for the Future Program, inspiring digital talent... (Category: Breaking News)
The much-awaited meeting between President and Finance Minister Mahinda Rajapaksa and capital market stakeholders yesterday was described as “very positive” by most, though some disagreed. Conflicting emotions over the outcome were expected since there was much heat generated before the meeting by various parties including the regulator. President Mahinda Rajapaksa chairs the meeting w...
- UPDATE-President promises to consider Colombo bourse concerns (Category: Breaking News)
- Dr. jayasundera-capital market meeting positive (Category: Business)
- Rajapaksa summons powerful stock market investors, regulators for Friday meeting (Category: Breaking News)
- Sudden spikes not good for markets: President (Category: Business)
The Sri Lanka-Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19th Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries. Albert Abdi, Charge d’ Affairs of the Republic of Indonesia in Sri ...
- Reach out to overseas markets through CCC’s Bilateral Business Councils (Category: Business)
- Sri Lanka, Bangladesh Business Co-operation Council debuts (Category: Business)
- Trade and Investment promotion mission to Singapore (Category: Business)
- Bilateral Trade, Tourism Come Under Discussion (Category: Business)
By B.A.B. Goonetilleke Sometime in 2009, in what was to become a defining moment in the new Digital Age, Bradley Manning, a 24-year-old Army private based at an outpost in Iraq, began to download a veritable trove of classified cables dispatched by US missions around the world on to a thumb drive. Whether Manning stepped ...
- Solheim Looks Back On The Peace Process (Category: Breaking News)
- Wikileaks: Norwegians Concerned Over JVP’s ‘Ugly’ Campaign (Category: Breaking News)
- Sri Lankans In Wikileaks (Category: Breaking News)
Sri Lanka andndash; Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19thandnbsp;Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries.
Delayed project for Rs. 20 b five-star hotel cum residencies kicks off, 20-year management deal to be finalised with Hyatt, global financiers included; set to be largest hotel and tallest building in town By Uditha Jayasinghe The long-awaited Rs. 20 billion Hyatt management venture recommenced yesterday in what aims to be the Colombo’s biggest hotel ...
- Chain Interest (Category: Business)
- Tower Status (Category: Business)
- Sri Lanka inaugurates construction of 43-story Hyatt Regency hotel in capital Colombo (Category: Breaking News)
- Hilton Says Will Discuss With Govt. (Category: Breaking News)
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Kenya tea exports up 10% in first quarter (Category: Business)
- January tea output up 6% (Category: Business)
- July tea output down 11.5% (Category: Business)
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