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Sri Lanka and Vietnam expect to increase the bilateral trade between the two countries up to the threshold of one billion US dollars within the next three years. The recent third Joint Commission Meeting of Sri Lanka and Vietnam held in Hanoi and chaired by the foreign ministers of the two countries, the focus was ...
- Business Forum to coincide with the visit of Vietnam President to Sri Lanka (Category: Business)
- Sri Lanka, Vietnam focus on expanding trade and investment (Category: Breaking News)
- Vietnam looking for garment JVs and 2W tractor plant (Category: Business)
- Sri Lanka, UAE to enhance trade relations (Category: Breaking News)
The 21st Annual General Meeting of the Sri Lanka-Canada Business Council was held recently at the Canada Club. The council, which focuses on the objectives of ‘promoting investment, trade and joint venture between Sri Lanka and Canada,’ is one of the twenty One bilateral business councils that function under the aegis of the Ceylon Chamber ...
- Canada mulls business here (Category: Breaking News)
- Luncheon meeting on Sri Lankan exports to Canada (Category: Business)
- Encourage Joint Ventures Between Sri Lanka And Canada (Category: Business)
- Business Forum to coincide with the visit of Vietnam President to Sri Lanka (Category: Business)
By Shanuka Tissera The prestigious MBA Alumni Association University of Colombo, boasting some of the finest MBA courses in Sri Lanka kicked of their 15th annual AGM on Thursday 12 at Cinnamon Lakeside. The outgoing President – Pubudu De Zoysa lead the event by sharing the highs and milestones the association made in the year ...
- Pradeep Edward appointed as inaugural SLIM-BUCKS (UK) Alumni President (Category: Business)
- Colombo Uni. MBA Alumni gives its might to country development (Category: Business)
- Top line up at Colombo Uni. MBA Alumni management conference on Friday (Category: Business)
- ‘Clarity, consistency and continuity’ (Category: Business)
Wimbledon is special to me not because I played the tennis circuit during my schooling days but for the insights that I get into life and business in general. The 2012 edition in particular was unique, given that a Brit was in the finals of the men’s singles game, that was happening after 74 years. ...
- London: World’s first social media Olympics (Category: Business)
- The brand IPL is about highlighting performance (Category: Business)
- Ceylon Tea in catch-22? (Category: Business)
- The US Open and Sri Lankan policy (Category: Business)
Standard Chartered Bank has revised Sri Lanka’s credit outlook to stable from positive and is advising bond investors to await the conclusion of Sri Lanka’s $ 1 billion Sovereign issue prior to getting involved in the country’s debt market opportunities. This advise is contained in SCB’s latest Asian sovereign credit coverage. “While we believe that ...
- Standard Chartered optimistic Rupee will appreciate in Q3-4 (Category: Business)
- A rosy update (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
Laugfs Gas PLC and its subsidiaries having recorded a profit after Tax of Rs. 942 million as per the un-audited financial statements for the year ended 31 March 2012, yesterday announced a payment of first and final dividend of Rs. 1.50 per share for both Ordinary Voting and Non- Voting shares held. Chairman Laugfs Gas ...
- Laugfs Gas also increases price, equals Litro (Category: Breaking News)
- Laugfs request Rs.570 price hike (Category: Breaking News)
- Domestic gas prices up (Category: Breaking News)
- Laugfs price down (Category: Breaking News)
By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...
- Improving Sri Lanka’s business climate (Category: Business)
- Sri Lanka Economic Summit to examine ease of doing business (Category: Business)
- Creating digital inclusion and regional connectivity (Category: Business)
- From science to commercialisation (Category: Business)
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 ...
- Sneak peak into Australia’s largest animal hospital (Category: Breaking News)
- Deputies: Woman tied up sister during NYE fight (Category: USA, Washington)
- Hospital worried about mail to Duminda Silva (Category: Breaking News)
- Duminda under watch for 48 hours (Category: Breaking News)
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 ...
- Fleurieu crowds go with the flow (Category: South Australia)
- Going ape (Category: Technology)
- Eastern Eye (Category: Business)
- Sri Lanka seeks more Saudi tourists (Category: Breaking News)
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 ...
- Amaya’s Wayamba Café Forest in Kurunegala to get new fluorescent signage (Category: Business)
- Amaya Leisure opens first wayside restaurant outlet in Kurunegala (Category: Business)
- Expansion Plan (Category: Business)
- Hotel Deal (Category: Business)
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, ...
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
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 ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
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 ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- The Treasure Hunt (Category: Business)
- Etisalat’s ‘Really Really Fast Internet Campaign’ wins a Silver Effie (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
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 ...
- Indian private sector to invest in ports in Sri Lanka (Category: Business)
- Repeal Police and land powers in the 13th Amendment (Category: Breaking News)
- T-junction in the road (Category: Business)
- Maintaining hard-won peace (Category: Business)
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 ...
- JATA President and Executive Committee on a familiarization tour (Category: Breaking News)
- Strategic policy needed for Sri Lanka Tourism (Category: Business)
- SLAITO Commissions ‘Risk Assessment’ of most Frequented Tourist Sites (Category: Breaking News)
- Going wild! (Category: Business)
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 ...
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
- Swiss banks tout stability and secrecy to lure rich (Category: Business)
- UBS CEO calls attacks on Swiss tax “economic war” (Category: Business)
- ERI wins ‘Diamond Eye Award for Quality and Excellence’ (Category: Business)
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 ...
- FICA to recommend SLPL boycott without bank guarantee (Category: Business)
- SLPL an exciting opportunity for Sri Lankan cricket: Sandeep Bhammer (Category: Business)
- 'FICA to recommend SLPL boycott without bank guarantee' - May (Category: Sports)
- $3 m floor price set for T20 league franchises (Category: Business)
The Board of Investment of Sri Lanka (BOI) has signed an agreement with tourism developer Katana City Developments (Pvt) Ltd. to assess and plan Sri Lanka’s first large scale tourism zone, in the Katana Area, just adjacent to Colombo’s Bandaranaike International Airport. The airport will be connected to the Katana City by a monorail which ...
- World Class Tourism Hub (Category: Breaking News)
- Sri Lanka signs agreement to build a US$ 3 billion worth tourism zone (Category: Breaking News)
- BOI signs US$ 3bn deal for world-class tourism zone (Category: Business)
- Project to develop large scale tourism zone near Sri Lanka's international airport (Category: Breaking News)
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)
- Police seize drugs from Kottawa and Nugegoda (Category: Breaking News)
- Negative start for tea exports in 2012 (Category: Business)
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 FM Kamikawa due here (Category: Breaking News)
- Japanese foreign minister reaches Sri Lanka (Category: Breaking News)
- Japanese Foreign Minister to visit Sri Lanka next week (Category: Breaking News)
- Japan trusts Sri Lanka whatever allegations are made by Western countries (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)
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)
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)
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)
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)
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)
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)
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