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Over 25,000 passengers carried in eight months with Kandy, Badulla, Trinco and Vavuniya as destinations Ever since its launch in October 2011, Expo Rail has been on an upward drive redefining rail travel in Sri Lanka. With four destinations in its portfolio – Badulla, Kandy, Trincomalee and Vavuniya – Expo Rail has, in the past ...
Sri Lanka has a very good potential to be a top tourist destination in the region and is unique in its natural beauty, against any competitor in the region, a top diplomatic group from United Kingdom (UK) stated.
Washington DC: ‘Sri Lanka and the Kandy Esala Perahera,’ a photographic masterpiece by renowned photographer Michael Sarnacki was ceremonially launched in Washington DC this week. The Embassy of Sri Lanka in Washington DC sponsored the event as part of its robust program to promote Sri Lanka as a tourist destination in the United States. The ...
The Sri Lanka Banks’ Association (SLBA), which represents the licensed banks operating in Sri Lanka, in a statement, said yesterday that it was concerned over the statement made by Standard and Poor’s. SLBA said S&P’s statement was issued on 20 June, where attention was drawn to concerns over credit risk in the banking industry. Concerns ...
Zhara HS, A well known name in the local hotel software industry today will be establishing footprint in the upper west coast of Sri Lanka in the near future with its recent alliance with Baywatch Eco Resort Village Kalpitiya; a unique property built on the concept of ethical eco tourism on the magnificent upper western ...
By Cheranka Mendis NDB Group yesterday introduced full service investment banking operations with the re-launch of Capital Development and Investment Company (CDIC) under a new corporate identity as NDB Capital Holdings Plc. NDB Capital Holdings CEO and Director Vajira Kulatilaka (second from left) addresses the media yesterday. Others from left are NDB Capital Holdings Chief ...
WOKE up as usual to a nursery rhyme. The Bread Man, who blares the same old tune over a megaphone every day, runs two jobs; one of waking up Sri Lanka, a job coercively collared from the rooster and the other selling bread and buns. The ice cream man comes later on in the day, ...
With a focus in the ‘provision of effective business solutions’, Peercore IT is an Australian-based company that specialises in the “design and implementation of strategic business information systems. The company’s fully-fledged branch office in Sri Lanka leads the way in developing systems and solutions for a variety of industries including solutions for Customer Re...
Tokyo Power Lanka, a subsidiary of Tokyo Cement (Lanka) PLC, the leading manufacturer and supplier of international standard cement in Sri Lanka, once again demonstrates its commitment to sustainable development and responsible corporate citizenship by supporting the conservation efforts of local flora and fauna by sponsoring a book on the rich bio diversity of Horton ...
“Vietnam’s imports from Sri Lanka has increased sharply, reaching US$ 10.1 million, up 111% over (US $4.8m in 2011) during first quarter 2012” said Counsellor/Deputy Head of Mission Phung Trong Tuan representing Ambassador for Vietnam in Sri Lanka Ton Sinh Thanh at the Second Annual General Meeting of the Sri Lanka-Vietnam Business Council of the ...
Brand Finance CEO/Founder David Haigh will deliver the keynote address at the fourth session on ‘Branding Sri Lanka’ at the Sri Lanka Economic Summit to be held from 10 to 12 July. Being a developing country with a small domestic market of 20 million people, it is imperative for Sri Lanka to look towards exports ...
Economic Development Minister Basil Rajapaksa over the weekend declared opened the newly-built Amagi Lagoon Resort & Spa in Negombo The Amagi Lagoon Resort & spa is located in Negombo, just 5 minutes away from the Katunayake International Airport. This three star luxury hotel have 22 luxury rooms including three water bungalows, two high restaurants, swimming ...
The Oxford Dictionary definition of ‘inept’ is ‘acting or done with no skill’. An ineptitude results is such behaviour being manifested An ‘Inept’ocracy’ has been defined in the Urban Dictionary as ‘a system of government, where the least capable to lead are elected, by the least capable of producing, and where the members of society ...
A senior delegation from the oneworld global airline alliance, led by CEO Bruce Ashby was in Colombo last week as SriLankan Airlines starts its preparations to join the group following its election on board. The visit comes just days after SriLankan Chairman Nishantha Wickremasinghe and Chief Executive Kapila Chandrasena joined their counterparts from oneworld’s 11 ...
eTN: Centara Hotels & Resorts is to open its first two properties in Sri Lanka during the second half of this year named Centara Passikudah Resort & Spa Sri Lanka and Centara Ceysands Resort & Spa. Both of the resort hotels will be operated by Centara under a management contract and will be part of ...
All newspapers carried headlines a few days ago stating that May 2012 tourist arrivals have increased by 17.5% from last year. It is reported that the May arrivals of 57,506, was higher than even that of April, which showed only a 9% increase YOY. So far, total arrivals for 2012 up to end May is ...
A pledge of continued support to Sri Lanka’s tourism industry through award-winning air services was one of the highlights of the high profile formal opening of The Emirates Lounge at the Bandaranaike International Airport (BIA), Katunayake yesterday. Tim Clark, President of Emirates airline and Mohammed Mattar, Divisional Senior Vice President Airport Services joined Minister of ...
By Cassandra Mascarenhas Sri Lanka has won the bid to host the third Asian Youth Games in 2017 the President of the Asian Olympic Council and the President of the Association of National Olympic Committees Sheikh Ahmed Al-Sabah announced yesterday. Asian Olympic Council President National Olympic Committees Sheikh Ahmed Al-Sabah (centre) addresses the media in ...
The French Trade Commission of the Embassy of France in Sri Lanka will hold a symposium titled ‘Energy efficiency in the construction sector’ on 20 June at the BMICH. It is part of ‘French Spring’ which will be held from 15 to 24 June at BMICH, jointly organised by the Embassy of France and the ...
A stickler for punctuality, there have been just a couple of notable occasions when I recall running nonchalantly late. The most glaring was for my own wedding. I arrived at the church a good 25 minutes late just as the bride made it, just on time. Can you imagine the cataclysmic highs of a groom ...
Peter Kropotkin is a Russian revolutionist who has commented in his book ‘The Conquest of Bread’ what he considers to be the weaknesses of the economic systems of capitalism and how poverty and scarcity thrives on. However, Kropotkin did not believe in the theory of state and is known as an anarchist. The issue of ...
Coral Sands Hotel, located in Hikkaduwa, has received a TripAdvisor Certificate of Excellence award. The prestigious award, which honours hospitality excellence, is given only to establishments that consistently achieve outstanding traveller reviews on TripAdvisor, and is extended to qualifying businesses worldwide. Coral Sands Managing Director Siri Goonewardene said, “The award is based on...
Creating opportunities to enhance diplomatic ties in promoting the destination, Sri Lanka Tourism promotion Bureau received a five member delegation from the Consular Corps of London at the Bandaranaike International Airport yesterday 11 June for a familiarisation tour in Sri Lanka. The executive Committee members delegation will be touring in Sri Lanka from 11 to ...
Europeans are avoiding vacations to Greece this summer fearing instability sparked by the debt crisis, industry sources say, inflicting a hard blow to the country’s already devastated economy. “From the aftermath of the elections on May 6, we have experienced a 50 percent drop in bookings,” said George Drakopoulos, director general of the association of ...
Green Globe Certification concluded its fourth Annual Summit and Partner Meeting in Los Angeles, California on 8 June. Tiara Anthonisz representing STING Consultants the accredited auditor for Green Globe Certification for the regions of Sri Lanka and the Maldives, was in attendance. Green Globe Certification is the premier international brand for a sustainable travel, tourism, ...
With highest-ever top and bottom line performance premier blue chip JKH says knowing exactly who were are, what we stand for and where we are headed makes all the differenceI am pleased to present the Integrated Annual Report, and the Statement of Accounts, for the Financial Year ended 31 March 2012. The Report encapsulates the ...
With the end of the war, there was a desire throughout the country for a peace dividend. Over the 30 years of the conflict, pent-up demand had built up both for consumption and investment expenditure. The authorities were under intense political pressure to create an environment that was conducive to finance imports of consumption goods, ...
ANC Education, the premier international higher education provider in the country, launched its first-ever School of Postgraduate Education on Tuesday to mark its 10th anniversary. The ANC School of Postgraduate Education was launched in collaboration with the University of West London, UK (UWL). “This is a significant milestone in our journey of ten years. ANC ...
‘The Business of Sports,’ the fortnightly column that appears every other Thursday returns after a festive break. This is Feature #22, continuing to seek a greater public engagement in our national sports and a sporting surveillance on what goes on away from the arenas and behind the scenes. Readers are invited to share their views ...
Sri Lanka has successfully showcased its latest investment opportunities to keen global investors who visited the world’s ninth largest economy to gauge the future of US manufacturing and global economic outlook. The Sri Lankan pavilion at the ‘International Trade Outlook 2012’ event held in California, the biggest economy in US and the ninth largest in ...