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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.
Overview With the end of the civil war, Sri Lanka is now experiencing a higher growth in the number of tourist arrivals, despite the much anticipated crisis in its economy currently, along with many infrastructure developments taking place to better the country’s standard. According to the latest statistics from the Sri Lanka Tourism Promotion Bureau, ...
- Orient Capital ventures into money broking business (Category: Business)
- Mobitel checks in to Foursquare Social Network (Category: Business)
- Perera & Sons enters social media world with a bang (Category: Business)
- JICA will not fund projects in Sri Lanka until debt restructured (Category: Breaking News)
As investments in tourism sector continue to rise, a leading global player in gifts and souvenir sector who is known for items with cultural identities is looking to partner in a joint venture in Sri Lanka.
The need of policy framework and regulations for Sustainable Tourism (Economic wealth distribution, protecting environment, promoting social values) was the focal point of Chairman Sri Lanka Tourism Development Authority Dr Nalaka Godahewa at the evening public lecture organised by the Central Bank of Sri Lanka (CBSL) and held at the CBSL training centre auditorium last evening.
- Space, Scotland's final frontier? (Category: Technology)
- Dream property for sale (Category: Australia, Tasmania )
- Tourism awards for Hobart (Category: Australia, Tasmania )
- Even in tough economy, Seattle tourism continues to thrive (Category: USA, Washington)
Malaysia Airlines, in recognizing the vibrant growth of the Sri Lankan economy and its tourism sector, has decided to expand its operations and visibility, by opening its second branch office in Matara, in the Sothern Province.
As investments in the tourism sector continue to rise, a leading global player in gifts and souvenir sector who is known for items with cultural identities is looking to partner in a joint venture in Sri Lanka. “We like Fakih Group’s approach of community engagement and eco-friendliness while making profits. I welcome the Group to ...
- Celebrating World Tourism Day by linking global cultures (Category: Business)
- New Thailand Ambassador and Basil discuss economic ties (Category: Business)
- France looking at Sri Lanka’s construction, energy sectors (Category: Business)
HSBC Sri Lanka on Monday celebrated its 120th year of successful operations in the country. Initially set up in Colombo in 1892 as a bank to facilitate trade finance with China, the entity has evolved over the years to become a full service bank that encompasses commercial and personal banking solutions for a diverse profile ...
- HSBC boosts RMB trade settlement service to 59 markets (Category: Business)
- COMBank declared Sri Lanka’s ‘Bank of the Year’ by The Banker (Category: Business)
- HSBC Group GM and Head of International Asia Pacific visits Sri Lanka (Category: Business)
Sri Lanka’s tourism has a serious obstacle in current time. Entrepreneurs from other countries are taking advantage of Sri Lanka’s location by using it as a means of illegal drugs hub. Statistics were released by Sri Lanka’s Police and it shows that the first six months of this year, over 19,000 were suspects to drug ...
- Over 50,000 kilos of drugs seized within 10 months in Sri Lanka (Category: Breaking News)
- Arrested for possessing drugs (Category: Breaking News)
- Negative start for tea exports in 2012 (Category: Business)
- Drug addicts in Sri Lanka use two kilos of heroin per day (Category: Breaking News)
Japan appreciates the progress made by Sri Lanka in many sectors of national life since the end of the conflict, and stands ready to work closely with Sri Lanka in addressing the tasks that lie ahead, Mr. Koichiro Gemba, Minister of Foreign Affairs of Japan, said in Tokyo on Monday. Japan’s Foreign Minister made these ...
- Japanese foreign minister reaches Sri Lanka (Category: Breaking News)
- Japan trusts Sri Lanka whatever allegations are made by Western countries (Category: Breaking News)
- Lankan envoy meets Japan’s Foreign Affairs Vice Minister (Category: Business)
- Sri Lanka stresses importance of expanding bilateral ties with Japan (Category: Breaking News)
Tourism is very much in the news and targets are being bandied around. A magic number plucked from the air of 2.5 million tourists by 2015/16 is often quoted. All this suggests that tourism will see a sustained explosion in growth. What is the truth? Is it fast growth or slow burn? What are the ...
- Banking delegation in Qatar to attract investments (Category: Business)
- Strategic policy needed for Sri Lanka Tourism (Category: Business)
- Where Is Sri Lanka Tourism Going? (Category: Breaking News)
- Align education,VT with growth industries (Category: Business)
Last week I was on the Air Force flight on route to Jaffna for a meeting with 52 investors who wanted to invest in the first industrial estate in the Northern Province – Atchchuveley. In my hand were the key sites that one can visit in Jaffna as a tourist. The first thought that struck ...
- Why Lion leads frontier (Category: Business)
- Atchchuvely a public-private model in Jaffna! (Category: Business)
- Unity is the way to success, not ethnic division: President (Category: Business)
- As the world decides to vote (Category: Business)
An exciting weekend of activities will be held in Kalpitiya as preparations are in full swing for Sri Lanka’s first-ever Red Bull Kite Surfing race scheduled to be held on 7 and 8 July. Divyaa Lagoon Resort – the only luxury boutique hotel in Kalpitiya – will play host to the event including a fantastic ...
- Red Bull launches Sri Lanka’s first-ever kite surfing race (Category: Business)
- Red Bull kite surfing race finishes off in style (Category: Business)
- Divyaa Lagoon Resort first luxury boutique hotel to open in Kalpitiya (Category: Business)
- Red Bull launches Sri Lanka’s first-ever kite surfing race in Kalpitiya (Category: Business)
Malaysia Airlines, in recognising the vibrant growth of the Sri Lankan economy and its tourism sector, has decided to expand its operations and visibility, by opening its second branch office in Matara, in the Sothern Province. Represented by Hemas Air Service, its General Sales Agent in Sri Lanka, it also has a branch office in ...
- Malaysian Airlines wins ‘World’s Leading Airline to Asia’ award (Category: Business)
- Malaysia Airlines achieves double win at World Travel Awards ceremony (Category: Business)
- Malaysia Airlines receives 75th 737 from Boeing (Category: Business)
Colombo is already a hub of musical activity; from the sounds of the street vendors to late night jamming sessions by lesser-known bands, the city throbs with the beat of vibrant lives. From August 23rd to 27th, the city’s music will take on a decidedly eclectic flavour as the much-awaited “Sense and Soul Colombo Music ...
- Standard Chartered Bank presents Musicmatters Colombo Festival 2012 (Category: Business)
- Colombo Music Festival promises to dazzle music lovers (Category: Business)
- Royal College presents ‘Festival of Choirs 2011’ (Category: Business)
Most Venerable Udugama Sri Buddharakkitha Thero, Maha Nayaka of the Asgiriya Chapter in Sri Lanka and delegation visited Japan from 23 to 30 June on the invitation of the Shinnyo-en Temple in Tachikawa, Japan for an event organised by the Embassy of Sri Lanka in collaboration with Venerable Yalagamuwe Dammissara Thero of the Hachi-oji Temple ...
- Dialog rings support for Sri Lanka Economic Summit 2012 (Category: Business)
- New vehicle carrier from Japan calls at Hambantota (Category: Business)
- Celebration of 2,600th Buddhist Smbuddhathwa Jayanthi (Category: Business)
- Sri Lankan PremierLeague 2012 (Category: Business)
To see the abundant wildlife in four national parks, Sharon Ng Kooi Kin endures driving on what passes off as roads New Straits Times: WE don’t go on one safari in Sri Lanka. We go on four in 12 days! Our bones are shaken and rattled out of joint, even as our eyes feast on ...
- A snake may lurk in the UN grass (Category: Breaking News)
- Jeff Greenwald: Romancing the Snake (Category: Features)
- Video: Rare albino water snake discovered in Sri Lanka (Category: Video)
- The Snake is dead; why still keep awake looking at the Roof? (Category: Breaking News)
OVER the last three years Sri Lanka has become used to being at the forefront of development potential and political stability in South Asia but interestingly, neighbour Maldives has had the highest per capita income in the region and continues to lead the way in investment and economic growth. A study done by a ...
- Maldives Govt. vows to implement all deals with foreign companies (Category: Business)
- Island Deal (Category: Business)
- Maldives eyes $100 million tourist tax for CO2 plan (Category: Business)
- GMR’s Maldives airport project flies into rough weather (Category: Business)
Sri Lanka and China are to sign a comprehensive economic cooperation agreement shortly in a bid to further enhance strong bilateral ties currently being enjoyed. This matter was discussed when the new Ambassador to People’s Republic of China Wu Jianghao paid a courtesy call on Economic Development Minister Basil Rajapaksa last week. “The Minister and ...
- Cherishing China! (Category: Business)
- SLCJF visits outgoing Ambassador of PRC (Category: Business)
- China a tower of strength to Sri Lanka: Prof. Peiris (Category: Business)
IFC, a member of the World Bank Group, is working with Sri Lanka’s Nations Trust Bank (NTB) to help up to 30,000 small business owners become more competitive through a series of advisory interventions, sharpening their readiness to access new markets. With IFC’s advisory assistance, the bank has strengthened its institutional capacity over the ...
- Risk Cover (Category: Business)
President Mahinda Rajapaksa last week emphasised on the requirement of having a domestic airport in the District of Kandy to achieve the maximum benefits of the country’s booming tourism industry. The President at a meeting held at the Temple Trees instructed the relevant officials to submit a feasibility report to construct a domestic airport in ...
- Kandy Airport Most Likely In Kundasale Chief Minister (Category: Breaking News)
- MR promises a port in Kandy (Category: Breaking News)
- Sri Lanka Central Provincial Council plans to set up the proposed domestic airport in Kundasale (Category: Breaking News)
- Construction of domestic airport in Sri Lanka hill country capital to commence next month (Category: Breaking News)
The Board of Investment (BOI) this week signed an agreement with a Saudi Arabian investor who will set up a project to carry out yacht, boat and pleasure craft repairs at the Galle Harbour. The project will be a state-of-the-art marine venture and will result in benefits for Sri Lanka such as technology transfers, increase ...
- A Saudi company to establish a vessel repair plant in Sri Lanka's southern city (Category: Breaking News)
- Saudi firm to build a vessel repair facility in the Galle harbour (Category: Breaking News)
- BOI signs 2 new agreements with Emmaus Industries and Habarana Lodge (Category: Breaking News)
- BOI inks $ 44m deal with Saudi investor (Category: Breaking News)
Drug Trafficking was one of the main sources of finance for the LTTE terrorists as reflected in the World Drug Report 2012, says Permanent Representative of Sri Lanka to the United Nations Dr. Palitha Kohona. He was addressing at the UN General Assembly Thematic Debate on ‘Drug and Crime as a Threat to Development’ ...
- Crime one of the world’s “top 20 economies”: UN (Category: Business)
- Sri Lanka a growing hub for drugs (Category: Business)
- Illicit drugs found in Clearview (Category: South Australia)
- Organized Criminals Gangs In Sri Lanka & Its Impact On National Security (Category: Breaking News)
Case study Middle East Sri Lanka is one of the most sought-after tourist destinations in the world. It is surrounded by the Indian Ocean strategically located between West Asia and South East Asia and has been an important stop on the silk route or the Silk Road. It has all requirements to be one ...
- Unified branding in the tourism industry (Category: Business)
- Showcasing Sri Lanka and driving demand (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
Gulf visitors to Singapore have continued to increase, as the nation state has been named Asia’s Top Convention City for the tenth year in a row by the International Congress and Convention Association, said Dubai-based tourism board officials. “Singapore continues to attract the world to its growing number of conventions and events, and an increasing ...
- President meets Japanese Prime Minister (Category: Breaking News)
- President meets Singapore’s President and Defence Minister during his official visit (Category: Breaking News)
- Foreign Minister Peiris attends 19th IISS Shangri-La Dialogue in Singapore 10-11 June, 2022 (Category: Breaking News)
- Lenovo appoints Saatchi & Saatchi for Asia-Pacific and Latin America (Category: Business)
Sri Lanka CEO Nick Nicalaou dismisses exit rumours; says local operations robust and post-war future in the country looks very promising World’s local bank celebrates 120 years of excellence in Sri Lanka on 1 July, invests $ 7 m for major upgrade of Head Office in Fort By Nisthar Cassim HSBC, which is ...
- HSBC Group GM and Head of International Asia Pacific visits Sri Lanka (Category: Business)
- Successful $ 500 m BOC Bond is landmark says HSBC CEO (Category: Business)
- HSBC clinches award for best Sri Lanka deal (Category: Business)
- HSBC puts banking on the palm of a customer’s hand (Category: Business)
A public lecture on “Tourism industry in Sri Lanka” Growth, strategies and future prospects” will be held today (28 June) at 5.00 p.m. at the Centre for Banking Studies, Sri. Jayawardenapura Mawatha, Rajagiriya. The speaker will be Sri Lanka Tourism Development Authority Chairman Dr. Nalaka Godahewa. The public lecture is organised by the Central Bank ...
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
By Cheranka Mendis With travellers becoming increasingly eco-conscious and demanding data on the environmental sustainability of hotels prior to booking, Greening Sri Lanka Hotels, an European Commission-funded project under the SWITCH-Asia program, will host a half day workshop on ‘The Importance of Sustainability for Future Tourism’ next Wednesday. Scheduled to be held at the Ci...
- Online carbon footprint calculator launched for hotels (Category: Business)
- Cinnamon Grand promotes sustainable practices amongst suppliers (Category: Business)
- Towards Sustainable Business Practices (Category: Breaking News)
By Cheranka Mendis With the tourism industry gearing up to welcome 2.5 million tourists by 2016, Imperial Institute of Hospitality and Leisure (IIHL) yesterday announced the launch of industry qualifications from UK’s Institute of Hospitality (IH) which aims to provide the much needed training and skill set to local workforce. A first in South Asia, ...
- IH Ball 2011. (Category: Business)
- Brain drain impediment to hospitality industry – Dr.Jayasinghe (Category: Breaking News)
- NH restaurants, hotels look for ways to stay afloat over winter (Category: USA, New Hampshire)
- NH restaurants, hotels look for ways to stay afloat over winter (Category: USA, New Hampshire)
Development of tourism in Sri Lanka will require stakeholders to strike a proper balance between developing 3-star and 4-star properties on the one hand, and luxury and boutique hotels on the other, in addition to implementing a more liberalized pricing structure, according to a report from Sri Lanka-based strategy consulting firm Vox & Co.
By Shelton Dharmaratne Changing global trends will continually pose challenges to economic theory and policy and the ways in which we analyse tourism activity. Sri Lanka Tourism’s public policies are trapped in a dynamic, ongoing process and it has become increasingly evident that the Government is struggling to comprehend the tourism industry, its impact and ...
- Warm welcome for record-breaking 800,000th tourist arrival in 2011 (Category: Business)
- Possible contribution to national reconciliation through tourism (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
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