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Reuters: Singapore denied on Wednesday that a deal had been agreed with Formula One to extend the country’s grand prix contract for five years after September’s race. Commercial supremo Bernie Ecclestone had earlier been quoted in the Today newspaper as saying the contract extension was all set and that the timing of the official announcement ...
Dropped in at the hospital for a leisurely evening drink. Strawberry margaritas served in a breezy courtyard and physicians playing ’90s classics were just what the doctor ordered. The 16th century Dutch Hospital Shopping and Dining Precinct at Fort is a haven for the hale and hearty, perhaps the only one of its kind in ...
The ProFood/ProPack 2012 held from 6-8 July at BMICH Colombo yet again provided an excellent platform to around 45 participating Indian companies to showcase their wide range of agro and food products to the Sri Lankan public and business community. There was strong buyer interest in the Indian products such as wine, fresh fruits like ...
[PRESSWIRE] London: Dutch Space Tourism company, Space Expedition Corporation (SXC) and world-renowned financial markets trader Anton Kreil are about to make a giant financial leap and go one step beyond. In a recent interview Kreil announced that he will be attempting to become the first person in history to make a financial market transaction in ...
Sri Lanka Tourism Development Authority has banned the transportation of foreign tourists by three wheeler taxis that are not licensed for the purpose. The authority has given training to the three wheeler drivers in serving the tourists. The drivers who successfully completed the four-day training have been given a certificate and the necessary permission to ...
By Asoka N. Pathirane Having come into the tourism and hospitality industry with a bang last year, Wayamba Development Authority of the Wayamba Provincial Council has taken a giant step towards catering to the foreign and local traveller by signing up with a colossus Hotel and Resort Group, Amaya Leisure to operate the eye catching ...
Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit yesterday under the theme ‘Positioning Sri Lanka in the Global Economy’ Chairman, ...
By Cassandra Mascarenhas Being a developing country with a small domestic market of 20 million people, it is imperative for Sri Lanka to look towards exports to achieve high economic growth rates. The restriction of the size of the domestic market imposed through low income levels and small market size does not facilitate domestic producers ...
Third batch of students graduate in TangalleThe third batch of 23 students, trained in hotel operations under ‘Jeevana’ Livelihood Development Scheme, promoted by NDB, passed out at a ceremony held in Tangalle on 9 July. MP Namal Rajapaksa was the chief guest at the ceremony. Initiated in September 2010, ‘Jeevana’ Livelihood Development Program endorses NDB’s ...
Reuters: Formula One has agreed terms with Singapore to extend the country's grand prix contract for five years after September's race, commercial supremo Bernie Ecclestone was quoted as saying on Wednesday. The 81-year-old Briton told Singapore's Today newspaper that the timing of the official announcement of the renewal would be decided by the Singapore government. ...
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
Floriculture processing, training and agro tourism centre opened in Bingiriya Labour saving efforts and productivity are major aspects of surviving the fast growing world flower market which is also highly competitive. “Though Sri Lanka supplies only around 0.4% of supply to the world flower market, this sector is one identified in the five year action ...
This is the second edition of the ‘Company Called Sri Lanka’ article range in store and finds it is the most appropriate time to express the marketing strategy for tourism in the backdrop of the Sri Lanka Economic Forum, where they will be arguing about positioning Sri Lanka in the world market. Sri Lanka as ...
The hotel boasts the highest number of participants to qualify for the finals Three talented youngsters from the Cinnamon Lakeside Colombo team will go through to represent the hotel at the Colombo Region Marie Brizard and Skyy vodka cocktail competition. With all three of its entrants being selected, the hotel boasts the highest number of ...
There were some interesting bits of news in the papers about a week back, with some stories having a certain thread running through them. The US Ambassador Patricia Butenis visited the Coca Cola plant in Biyagama. The British High Commissioner John Rankin visited Unilever Sri Lanka’s newly built factory in Horana and the new Chinese ...
The 32nd Annual General Meeting of the Sri Lanka Association of Inbound Tour Operators (SLAITO) was held at The Sands in Kalutara, Sri Lanka on 29 June. The new committee of SLAITO consists of Mahen Kariyawasan (President), T.M.F Packeer (Vice President), Devindre Senaratne (Hon. Secretary), Harith Perera (Hon. Treasurer), Nilmin Nanayakkara (Immediate Past President), Chandra ...
Emirates is embarking on a major expansion of its route network with three additional destinations to be launched in the next six months, on top of the 12 new routes already being rolled out in 2012. From 1 November, Emirates will launch four weekly flights to Adelaide, rising to a daily service from 1 February ...
The Department of Tourism and Commerce Marketing in Dubai has launched a 107-day initiative themed ‘Dubai, my destination this summer’ as part of its strategy to attract more tourists from across the globe into the emirate this summer. The ‘Enjoy more in Dubai’ drive, which runs till September 30, is aimed at boosting up external ...
LONDON (Reuters): A voluntary tax on tourists who visit the luxury resorts and white sands of the Maldives could raise up to $100 million a year towards the country’s aim to become carbon neutral by 2020, President Mohamed Waheed said. The Maldives is made up of 1,192 low-lying islands in the Indian Ocean. With average ...
Major professional tour golf is set to make its debut in Sri Lanka in August when over 100 top golf professionals tee off at The Royal Colombo Golf Club at The Standard Chartered Open 2012, an event sanctioned by The Professional Golf Tour of India (the “PGTI”) as part of its 2012 schedule. The four ...
The first-ever Swiss-Sri Lanka Business & Investment Forum held in Geneva concluded successfully on 11 June. “The theme of the Geneva event ‘A land of a thousand and one opportunities’ appears to have successfully captured the outlook of Sri Lanka’s new growth phase. I congratulate the Sri Lankan delegation, our Swiss Embassy in Germany and ...
The International Air Transport Association (IATA) last week announced global traffic results for May showing a general downward trend in line with deteriorating global economic conditions. While passenger demand was 4.5% ahead of levels in May 2011, growth was virtually flat compared to April. Capacity increased by 4.0% and load factors stood at 77.6%, below ...
Tie-up with East West Properties to see 200-room, 11-storey Weligama Marriott Resort and Space come up in mid 2014Marriott International has announced the signing of an agreement with Weligama Hotel Properties Ltd., a fully-owned subsidiary of East West Properties PLC, to open a hotel in Sri Lanka – the Weligama Marriott Resort & Spa in ...
By Shanuka Tissera Cinnamon Lakeside Colombo last week announced its latest accomplishment as the recipient of the ‘Best Luxury Hotel, Sri Lanka’ award at the Business Destinations 2012 travel awards. The hotel has now entered the ring to do battle with the likes of the Trump Hotel Chicago, Fair Mont Hotel Vancouver and Marina Bay ...
Players are set for the first-ever Sri Lanka Premier League (SLPL), with West Indies showpiece Chris Gayle as the most valuable as he was contracted for $ 100,000 (over Rs. 13 million), whilst top local stars fetched $ 50,000 (Rs. 6.5 million) each. Sri Lanka Cricket yesterday concluded the player draft for each of the ...
PLYMOUTH University has become a partner with the National School of Business Management in Colombo, Sri Lanka. NSBM is a subsidiary of the National Institute of Business Management and is developing new, state-of-the-art campus in Homagama. Degree programs being offered there with the support Plymouth University include International Business, Computing and Networks, Marketing, Accounting and ...
Heritance Ahungalla, one of Sri Lanka’s Aitken Spence Group’s deluxe hotels, has employed scores of people and sources supplies from the neighbouring villages as part of the ongoing investment drive to embrace sustainability. More than 65 per cent of the hotel’s staff of 400 have been recruited from the local villages, many of them have ...
Malaysian investors show strong interest on highways, housing, and tourism sectors here In the wake of the successful B2B MoU between Sri Lankan and Singapore business last May, is the next ASEAN bilateral B2B invitation – a call for fully fledged MoU between Malaysia and Sri Lanka business. “We are highly encouraged by the call ...
The Board of Investment of Sri Lanka (BOI) has signed an agreement with tourism developer Katana City Developments (Pvt) Ltd. to assess and plan Sri Lanka’s first large scale tourism zone, in the Katana Area, just adjacent to Colombo’s Bandaranaike International Airport. The airport will be connected to the Katana City by a monorail which ...
Malaysia Airlines has announced the introduction of yet another route to its network with the commencement of thrice weekly direct services between Kuala Lumpur and Kathmandu effective 1 September 2012. A two-class configured Boeing 737-800 aircraft with 144 economy class seats and 16 business class seats will be used for this Kuala Lumpur-Kathmandu return service. ...