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Says trade before politics and wants better connectivity for businessmen By Uditha Jayasinghe Sri Lanka should tap into the south Asian region, which is putting trade before politics, said a top official, calling for Sri Lanka to move ahead with the Comprehensive Economic Free Trade Agreement (CEPA). South Asian Association for Regional Cooperation (SAARC) Chamber ...
- Basil urges greater integration by SAARC biz (Category: Business)
- Re-considering SAARC trade (Category: Business)
- Sun Foundation extends its initiative in Sri Lanka (Category: Business)
- South Asia’s private sector unites to fast-track trade facilitation (Category: Business)
With affluence improving post-war as well as its value for money, Sri Lanka is among the fastest growing markets for tourism in Thailand. According to official data from Thailand, visitors from Sri Lanka grew by 20.85% to 32,878 in the first half of this year. Percentage growth wise it is one of the highest apart ...
- Asia Pacific tourism arrivals up 7% in July: PATA (Category: Business)
- Macau tourist arrivals surge (Category: Business)
- Tourist arrivals continue to shoot up (Category: Breaking News)
The much-awaited meeting between President and Finance Minister Mahinda Rajapaksa and capital market stakeholders yesterday was described as “very positive” by most, though some disagreed. Conflicting emotions over the outcome were expected since there was much heat generated before the meeting by various parties including the regulator. President Mahinda Rajapaksa chairs the meeting w...
- UPDATE-President promises to consider Colombo bourse concerns (Category: Breaking News)
- Dr. jayasundera-capital market meeting positive (Category: Business)
- Rajapaksa summons powerful stock market investors, regulators for Friday meeting (Category: Breaking News)
- Sudden spikes not good for markets: President (Category: Business)
The Sri Lanka-Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19th Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries. Albert Abdi, Charge d’ Affairs of the Republic of Indonesia in Sri ...
- Reach out to overseas markets through CCC’s Bilateral Business Councils (Category: Business)
- Sri Lanka, Bangladesh Business Co-operation Council debuts (Category: Business)
- Trade and Investment promotion mission to Singapore (Category: Business)
- Bilateral Trade, Tourism Come Under Discussion (Category: Business)
By B.A.B. Goonetilleke Sometime in 2009, in what was to become a defining moment in the new Digital Age, Bradley Manning, a 24-year-old Army private based at an outpost in Iraq, began to download a veritable trove of classified cables dispatched by US missions around the world on to a thumb drive. Whether Manning stepped ...
- Solheim Looks Back On The Peace Process (Category: Breaking News)
- Wikileaks: Norwegians Concerned Over JVP’s ‘Ugly’ Campaign (Category: Breaking News)
- Sri Lankans In Wikileaks (Category: Breaking News)
- Sri Lanka and the Spectre of an International Investigation (Category: Breaking News)
Sri Lanka andndash; Indonesia Business Council (SLIBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 19thandnbsp;Annual General Meeting recently. SLIBC was established in 1991 with a view to promote trade, investment, tourism and services between the two countries.
Delayed project for Rs. 20 b five-star hotel cum residencies kicks off, 20-year management deal to be finalised with Hyatt, global financiers included; set to be largest hotel and tallest building in town By Uditha Jayasinghe The long-awaited Rs. 20 billion Hyatt management venture recommenced yesterday in what aims to be the Colombo’s biggest hotel ...
- Chain Interest (Category: Business)
- Tower Status (Category: Business)
- Sri Lanka inaugurates construction of 43-story Hyatt Regency hotel in capital Colombo (Category: Breaking News)
- Hilton Says Will Discuss With Govt. (Category: Breaking News)
Reuters: Sri Lanka now expects 2012 tea production of around 325 million kg, below its target of 330 million kg, as output has fallen in the last five months due to drought, the State-run Tea Board said. Tea production in the first half of the year fell 4.3 per cent year-on-year to 163.26 million kg ...
- JANUARY TEA OUTPUT INCREASES (Category: Breaking News)
- Kenya tea exports up 10% in first quarter (Category: Business)
- January tea output up 6% (Category: Business)
- July tea output down 11.5% (Category: Business)
The Council for Business with Britain (CBB) held its 12th Annual General Meeting (AGM) at the British High Commission in Colombo. British High Commissioner John Rankin was the Chief Guest. Seated from left: Vice Chairman Shirendra Lawrence, British High Commissioner John Rankin, Chairman Nick Nicolaou, Hon. Treasurer Mohammed Ziauddin and Immediate Past Chairman Anil Wijesinghe ...
- HSBC sponsors CBB sports triangular (Category: Business)
- UK can do more in SL development - British High Com (Category: Breaking News)
- British High Commissioner hosts reception for UK companies at Sri Lanka Expo (Category: Business)
- CBB sixes is back on 7 July (Category: Business)
Sri Lanka Tourism Development Authority Director General and Sri Lanka Conventions Bureau General Manager Vipula Wanigasekera and Managing Director Yatra Travel with the members Thai heritage Travel consortium who visited Sri Lanka on a familiarisation tour prior to sending the Thai groups on pilgrim and heritage tours from Thailand to Sri Lanka
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
In 1959, Elvis Presley aka ‘The King’ released an album titled ‘50,000,000 Elvis Fans Can’t Be Wrong’, a compilation of hit singles. The rock band Bon Jovi in 2004 followed up with ‘100,000,000 Bon Jovi Fans Can’t Be Wrong’, a play on the previous Elvis album. The question is; what do these albums have in ...
- Jetwing presents the Rugby World Cup live in Negombo (Category: Business)
- Jetwing walks away with armful of medals at ‘Culinary Art 2011’ (Category: Business)
- Game on! – Jetwing Hotels launches game for facebook fans (Category: Business)
- Creating memories that last - Jetwing Hotels at the Bridal Fair 2011 (Category: Business)
By Shanuka Tissera 25 July is a date to pencil into your diaries. The official announcement of the PULL Forum took place on 18 July at the Galadari Hotel, where the event is scheduled to take place. Sri Lanka is already recognised as a top tourist destination and investment hub, but how can companies do ...
- America’s marketing makeover, Keith Chambers is in Sri Lanka (Category: Business)
- The revelation of the Fortune 100’s marketing secrets (Category: Business)
- Ex-SLIM Chief Rohan appointed to AMF top post (Category: Business)
- Acquisition bill only for 37 assets-President (Category: Breaking News)
A port city is an extension to the port, in order to acquire the advantageous facilities of the port and the port background to shape up the environment of the city surrounded by port. This is not a novel concept where many countries are adapting this principle to achieve their economic and leisure goals. Baltimore ...
- Enhancing shipping traffic to Sri Lanka (Category: Business)
- Sri Lanka needs more base cargo to face future competition (Category: Business)
- Fair winds for Sri Lanka maritime hub (Category: Business)
- South Asian ports need synchronised development (Category: Business)
Sri Lanka Tourism in collaboration with Ebert Silvas’ offer special luxury packages for both foreign and local tourists to view the Kandy Esela Perahera, known to be one of Asia’s most spectacular cultural pageants. The packages are organised to view both Kumbal and the Randoli Peraheras from 23 July to 1 August. The Esala Perahera ...
- Kumbal Perahera of Kandy Esala Perahera begins (Category: Breaking News)
- Measures taken to protect environment during Perahera (Category: Breaking News)
- First Randoli Perahera parades tonight (Category: Breaking News)
- Kumbal Perahera of the Kandy Esala Perahera (Category: Breaking News)
The Travel Trade Sports Club (TTSC), the leading sports club representing the travel industry in Sri Lanka has teamed up with 3CS to develop its official website. Travel Trade Sports Club President Dushy Jayaweera signed the agreement with 3CS Managing Director Sandaruwan Maddumabandara at an event held at the Ramada Hotel recently. The Travel Trade ...
- Club Bentota champs at TTSC Cricket Tournament (Category: Business)
- Travel Trade Sports Club Bowling Championship 2012 (Category: Business)
- MLH Group revives Travel Trade Sports Club – Beach Volleyball Championships (Category: Business)
- Golf trio have organ transplants (Category: Australia, Tasmania )
During the long war, the Government was preoccupied with financing and fighting it. The Private pector was burdened with uncertainty about the future. Now with the war behind us, we must examine and debate strategic options for developing our country. One of the key options is pursuing a globalisation strategy. CEPAs and FTAs are variations ...
- Banking foresight – Shaping integrated development (Category: Business)
- We must have a socioeconomic model for growth and prosperity (Category: Business)
- Response to Dr. P.B Jayasundera on why protectionism is not the answer (Category: Business)
- More and better jobs: Policy prescription for South Asia (Category: Business)
By Cheranka Mendis Sri Lanka’s tourist arrivals in June rose 21.6% from a year earlier, welcoming 65,245 tourists, whilst first half performance has lost momentum in comparison to corresponding period of last year. Data released by the Sri Lanka Tourism Development Authority showed arrivals in the first half at 452,867, up 18.7% from first six ...
- Asia dominates in Asia Pacific tourism boom – PATA (Category: Business)
- Hot Arrivals (Category: Business)
- Sri Lanka among fastest growing markets for Thai tourism (Category: Business)
- Asia dominates Asia/Pacific tourism boom (Category: Breaking News)
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)
Heads turning attraction! Biggest sporting event in post-war Sri Lanka aims to boost future cricket talent at provinces; leisure and entertainment industry to get a fillip 21-day contest from 10 August involving local and global stars to be promoted as “village, country and the world” coming together as one to celebrate Sri Lanka’s passion MCC ...
- Brian Lara, MCC Chief lift SLPL to the world (Category: Business)
- SLPL boost for tourism next month (Category: Business)
- Sri Lanka Premier League forges ahead (Category: Business)
- All set for maiden SLPL; sights set for bigger glory in the future (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)
Luxury resort records Rs. 1.233b asset baseThe Fortress Resort and Spa announced the successful completion of FY 2011/2012, with stellar financial results in all areas including profits, asset base and shareholder equity. Occupancy rates for the resort in Koggala were high throughout the season as the high-end, colonial architecture-inspired Fortress continues to carve out a ...
- Vallibel Finance 1Q pre-tax profit up 23% to Rs. 107 m (Category: Business)
- The Fortress shines with top Asia Pacific award (Category: Business)
- Stellar 3Q for JKH (Category: Business)
- Ricky Mendis buys 8% of Serendib Hotels for Rs. 142 m (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)
Economic Development Minister Basil Rajapaksa has urged for greater integration among private sector of South Asia to boost region’s socio-economic prosperity. “Economic integration is the best way to achieve and sustain economic prosperity among the South Asian nations. Enlarging the opportunities for trade and investment among the SAARC countries can be an effective instrument to ...
- India to cut tariff lines by 20% under SAARC pact (Category: Business)
- Re-considering SAARC trade (Category: Business)
- India boost for SAPTA (Category: Business)
WHEN the South Asian region formed the South Asian Association for Regional Cooperation or SAARC hopes were high that it would be the first step in integrating the political, economic and social synergies of the region for overall growth and development. Decades later this dream has largely failed but the SAARC Chamber of Commerce and ...
- SAARC: Time to deliver (Category: Business)
- CNCI seminar on regional trade agreements (Category: Business)
- India boost for SAPTA (Category: Business)
- International conference on regional trade facilitation by FCCISL and SAARC Chamber (Category: Business)
By Cheranka Mendis Sri Lanka is truly emerging as the ‘Pearl of the Indian Ocean’ with 5% consistent growth over the past few years backed by a boom of tourism and an increase in the value-added sector, SAARC CCI President Vikramjit Singh Sahney said yesterday. He was speaking at the inaugural session of the seminar ...
- International conference on regional trade facilitation by FCCISL and SAARC Chamber (Category: Business)
- Bangladesh’s trade gap with SAARC widens to $2.4 b (Category: Business)
Roomsnet.com which has over 12 years of experience in the global online travel industry, is showcasing its solutions at the Hotel Show 2012, which opened yesterday at the BMICH. Providing a platform to showcase their products for hotel suppliers, both local and international, the Hotel Show 2012 is and on until Sunday. Citing experts, Roomsnet.com ...
- Swiss Hotel School Lucerne, Baur Asia to sign deal in April for Asian Campus (Category: Business)
- Sri Lanka apparel industry on Design Festival catwalk (Category: Business)
- Another first by Mount Lavinia Hotel (Category: Business)
- Twelve e-marketing experts to take the podium at ‘Optimising the Future 2011’ (Category: Business)
Plans are underway to create a platform for Sri Lankan entrepreneurs to showcase their products and services to their counterparts in the Sultanate of Oman with the hosting of the first ‘Sri Lankan Trade Exhibition & Food Festival 2012,’ on 9, 10 and 11 October 2012 at Al Falaj Hotel, Muscat. The event is being ...
- Lanka seeks to boost ties with Oman (Category: Business)
- Oman offers support to Sri Lanka (Category: Breaking News)
- Oman Air commemorates operations to Sri Lanka (Category: Business)
- Sri Lanka to directly import oil and gas from Oman (Category: Breaking News)
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)
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