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- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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; ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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...

- www.ft.lk - Category : Business - Relavancy : 1.0

 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, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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. ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- ceylontoday.lk - Category : Business - Relavancy : 1.0

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.

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

- www.ft.lk - Category : Business - Relavancy : 1.0

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 ...

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