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The Embassy of Sri Lanka in Tokyo, Japan has announced that the Ninth Sri Lanka Festival will be held on 8th and 9th of September, 2012 in Tokyo under the theme “Miracle Island: Sri Lanka – Wonder of Asia”. Sri Lanka this year marks the 60th anniversary of the establishment of diplomatic relations between the ...
The world leading international Emergency Services Company, Falck (Denmark) has acquired 50 percent of Sri Lankan Emergency Medical Services (EMS) company, Med1 (Pvt) Limited. Med1 plans to launch emergency medical response services in the Colombo area by the end of 2012. “The partnership between Med1 and Falck not only enables us to implement a high-class ...
It is widely speculated that Sri Lanka Tourism Development Authority (SLTDA) Chief Dr. Nalaka Godahewa will be appointed as the Securities and Exchange Commission’s (SEC) new Chairman, following the contentious resignation of Tilak Karunaratne.
Dr. Nalaka Godahewa has resigned as the Chairman of Divasa Finance Ltd. last week. Analysts widely believe the move as a precursor to the impending appointment of Dr. Godahewa as the new Chairman of the Securities and Exchange Commission (SEC), which the Daily FT exclusively reported on Saturday. Godahewa however remains as Chairman of Colombo ...
Given first half performance, believes several 2012 Roadmap targets will be missed UNP MP and its chief spokesman on the economy Dr. Harsha de Silva yesterday claimed that most of the Central Bank’s 2012 Roadmap targets were likely to be missed, based on below par performance on the external trade front during the first half. ...
Etisalat, a leading global mobile telecommunication service provider, opened its state-of-the-art store at the Bandaranaike International Airport (BIA) recently. As the country experiences an influx of tourists and expects a further growth in the tourism industry, Etisalat, having an over 167 million global customer base across 17 countries, is currently the most skilled and ...
By Shanuka Tissera Leading bankers were given the opportunity to discuss the method of approvals of OPIC funding and political risk insurance, facilitated by the International Executive Service Corps (IESC) and the American Chamber of Commerce Sri Lanka (AMCHAM) for US equity sponsored projects. The keynote address was delivered by the Governor of the Central ...
Leaders of Sri Lanka and Maldives agree to extend and strengthen bilateral cooperation on a wide range of issues when they met for discussions on Thursday. President of Maldives Dr. Mohamed Waheed Hassan Manik accompanied by First Lady Ilham Hussain arrived in Sri Lanka on Thursday on a two-day official visit. His Sri Lankan counterpart ...
Seychelles President Seychelles President James Alix Michel concludes a historic state visit to Sri Lanka heralding a new chapter in Seychelles-Sri Lanka relations in pursuit of common endeavours towards strengthening closer friendship and economic cooperation between the two countries in a variety of fields, with enormous benefits for the two countries and their peoples. President ...
Sri Lanka is to sign an agreement to promote trade with Oman to increase tourism and investment. The Cabinet has approved a proposal made by External Affairs Minister Prof. G.L. Peiris to sign the Memorandum of Understanding on Bilateral Consultations with Oman, Government Spokesman and Media Minister Keheliya Rambukwella said. He told a press conference ...
Participating in the prestigious ceremony for the third consecutive year, Jetwing Hotels was recognised for its tremendous efforts to bring about positive action for the environment through energy efficient initiatives in all their properties. Jetwing Blue shone by picking up the Bronze award in the Large Hotel category. Formerly known as the Blue Oceanic Beach ...
Sri Lanka’s exporters to Seychelles were upbeat on possible direct air-links with Seychelles while Sri Lanka’s national carrier viewed it as ‘an opportunity’. “Seychelles is an opportunity. Within the next three months, SriLankan Airlines will be able to come to a clear understanding as to how we can set up direct commercial air-links with Seychelles,” ...
Seychelles, Sri Lankaandrsquo;s largest investment partner in 2011, is looking for cooperation with Sri Lanka in fisheries and in other sectors which have much potential, and an air andamp; maritime cooperation between the two countries could substantially boost tourism, trade and investment at both ends, the visiting Seychelles President, said on Wednesday.
The Central Bank said yesterday inflows to the services account of the balance of payments remain buoyant despite challenging conditions. It said earnings from tourism in June 2012 grew by 20.6%, year-on-year, to $ 63 million, while during the first six months of 2012, earnings from tourism have grown at a robust rate of 24.3%, ...
High Commissioner to the UK Dr. Chris Nonis outlined the strides that Sri Lanka had taken in economic, social rehabilitation, reconstruction and reconciliation since the defeat of terrorism in May 2009 to the Guild of Tourism at a luncheon meeting held at the Cholomondelay Room at the House of Lords. High Commissioner Dr. Chris Nonis ...
Mongoose Adventures, Sri Lanka’s leading adventure sports provider is proud to be the local sponsor for Lanka Challenge 2012, the popular three-wheeler driven escapade for charity. After captivating the world through three sublime editions, this year’s Lanka Challenge will take place from 1 to 11 September. The Lanka Challenge will see intrepid travellers from around the worl...
Arrived at the Pearly Gates four months early. Better to play it safe as monumental traffic jams are prophesied for 21 December. Checking in was unexpectedly swift; my host at the stately abode better known as the Temple Trees was expecting me. An air of tranquillity and affability greeted me instead of a militarised, regimented ...
The International Aviation Academy (IAA) the training arm of SriLankan Airlines- the national carrier of Sri Lanka proudly announces the launch of its first overseas operations on 15th August 2012. The franchised training agreement between IAA and Orient Express (Pvt.) Limited, Maldives will make new avenues in the aviation industry in terms of building human ...
By Cheranka Mendis Given the anticipated growth in tourism, the country is likely to see an 85% average occupancy rate and 35% revenue growth in Colombo city hotels in 2012. Colombo City Hotels Chairman M. Shanthikumar yesterday told the Daily FT that the occupancy level so far has recorded a growth of 65-70%, which is ...
Sri Lanka and Seychelles will establish a direct air link between the two countries immediately, enabling increased trade and tourism between the two island nations and neighbouring countries. At the discussion on Tuesday held between the visiting Seychelles President Alix Michel and Minister of Economic Development Basil Rajapaksa, it was decided to open up a ...
As a Hilton Colomboandrsquo;s Blue Energy Community initiative, 20 scholarships were awarded to The Sri Lanka Institute of Tourism andamp; Hotel Management re-entry students for four Basic Level courses during the International Youth Week - 12 to 18 August.
Following are excerpts of the address by A/Plnr Deshabandu Surath Wickramasinghe, President of the Chamber of Construction Industry, Sri Lanka, at the Colombo School of Technology Graduation: I am pleased to be present as the Chief Guest at the first Graduation Ceremony of 30 HND Graduates who will receive their Diplomas. The Colombo School of ...
Aims to become Colombo’s leading sustainable city hotel by 2015 By Cassandra Mascarenhas Further incorporating sustainability into their processes and business and working towards enhancing the environmental performance of the hotel, the Cinnamon Grand in association with the Switch-Asia programme hosted a ‘green forum’ yesterday in order to enlighten a group of key stakeholders ...
By Cheranka Mendis Seylan Bank’s CEO and MD Kapila Ariyaratne recently joined Daily FT for a brief chat on the performance of the bank, future plans and market trends. The bank as at now holds 11% shares in advances and 10.6% in deposits within the private local commercial bank market in the country. Q: How ...
With the generous support of the American people through the US Agency for International Development, Volunteers for Economic Growth Alliance (VEGA) is implementing the US $24 million VEGA/BIZ+ program in Sri Lanka. The program’s main focus is on expanding livelihood opportunities that can enhance economic productivity, boosting household incomes in former conflict areas and promoting ...
It was an evening of celebration at the recently held inaugural graduation ceremony of the Travel Agents’ Association of Sri Lanka (TAASL) in association with the SriLankan Airlines’ International Aviation Academy (IAA). Earlier this year, IAA, the training centre of the national carrier was appointed as the exclusive training partner for TAASL. Under this ...
Malaysian authorities want to crack down on the term ‘boutique hotels’ to prevent the term being abused by budget hotel operators. The Tourism Ministry is looking at creating a criteria for the term ‘boutique hotels’ to prevent budget hotels from disguising themselves and confusing travellers. “The Tourism Ministry welcomes the setting up of boutique hotels ...
In the first six months of this year, 120 prisoners have escaped. The reason, according to news reports, is that there are inadequate prison guards to keep watch, resulting in more escapes. The authorities have attempted to explain away this state of events by insisting that the escapees were serving sentences for petty crimes. ...
andldquo;Sri Lanka tourism has entered a new era where not only is the country competing with destinations in the region, but we are catering to an extremely savvy traveller with diverse travel needs.
Xinhua: Sri Lanka said today that it will challenge the recent travel advisory issued by the UK Foreign and Commonwealth Office (FCO) warning the Britons over an upsurge of nationalism, sexual offences and anti-western rhetoric in the country. Secretary of External Aff-airs Ministry Karunathilaka Amunugama has said that the government will take up the matter ...