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A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...
- The other red meat (Category: Australia, Tasmania )
- Battle of the superfoods (Category: Business)
- Mervyn Silva offers she-goat to Goddess Kali (Category: Breaking News)
- Marauding goat Billy attacks trio (Category: Australia, Victoria)
BANGKOK, THAILAND: Myanmar could follow Asia’s fast growing economies and expand at 7% to 8% a year, become a middle income nation, and triple per capita income by 2030 if it can surmount substantial development challenges by further implementing across-the-board reforms, a new Asian Development Bank (ADB) study says. ”Myanmar’s strategic location, rich natural resources ...
- ADB Director General in town (Category: Business)
- ADB’s new regional DG calls on President (Category: Business)
- ADB says loan fund for poor nations may reach $12 b (Category: Business)
- Visa prepares to enter Myanmar (Category: Business)
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
- Etihad gets first Boeing 747-400 freighter (Category: Business)
- Boeing sees more 787 cancellations, still upbeat (Category: Business)
- Spotlight turns to output as Boeing wins show (Category: Business)
- Emirates receives 1,000th Boeing 777 (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)
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 ...
- Showcasing Sri Lanka and driving demand (Category: Business)
- 2012, another positive year for tourism – BMI (Category: Business)
- More hotels to satisfy demand (Category: Business)
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 ...
- Jumbo profit at JKH (Category: Business)
- Stellar 3Q for JKH (Category: Business)
- JKH forges with solid growth (Category: Business)
- Good start by JKH in “challenging” FY13 (Category: Business)
Expolanka Holdings Plc said yesterday it has sustained its consolidated net profit after tax for the FY 2011/12 at Rs. 1.23 billion with a consolidated net profit before tax at Rs. 1.68 billion. The Q4 recorded a year on year growth of 21% in top line, 33% growth in gross profit and 22% growth in ...
- High raw material cost sends Tokyo Cement 1Q profit down despite 33% rise in sales (Category: Business)
- Sampath Bank profit tops Rs 2 bn (Category: Breaking News)
- Mobitel profit exceeds Rs 200 million in Q1 (Category: Breaking News)
- CT Holdings ends FY12 on a high with stellar 4Q (Category: Business)
Travel and tourism is set for a milestone year as the industry’s direct contribution to the global economy is expected to pass $2 trillion in GDP and 100 million jobs. According to research by the World Travel and Tourism Council (WTTC), the global travel and tourism industry will grow by 2.8% in 2012, marginally faster ...
- 415 m tourists expected worldwide during May-August peak season (Category: Business)
- UNWTO and WTTC call on the G20 to use tourism’s potential for job creation (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
Parliamentarian Namal Rajapaksa was an invitee panellist at the prestigious India Today Conclave 2012 held in New Delhi from 16-17 March 2012. The India Today Conclave, which is held annually, has seen the participation of leading Indian and international personalities such as Shah Rukh Khan, Mohamed El Baradei, Sarah Palin, Dominique De Villepin, Union Minister ...
- 4th SAARC Business Leaders Conclave in Kathmandu concludes (Category: Business)
- “Develop sufficient spaces within economies to face complexities” (Category: Business)
- More and better jobs: Policy prescription for South Asia (Category: Business)
- World economic power shifting back to Asia from the West (Category: Breaking News)
The 46th ITB Berlin, which gets underway today, is a more political event than ever before: the European debt crisis, turmoil in certain countries within the Middle East, climate protection and sustainability, as well as EU emissions trading. All these topics will be discussed at the ITB Convention by leading figures from the travel industry. ...
- Exhibitor bookings for ITB Asia 2012 up 33% over 2011 (Category: Business)
- Asia’s travel market booming (Category: Business)
- Buyer registration opens for ITB Asia 2012 (Category: Business)
- Prema enters the Hall of Fame at PATWA (Category: Business)
Following is the address delivered by The Hotels Association of Sri Lanka (THASL) President Anura Lokuhetty at the National Conference on ‘The Role of the Business Community in Reconciliation’ organised by Lakshman Kadirgamar Institute for International Relations and Strategic Studies (LKIIRSS): Ladies and gentlemen, throughout the history of mankind, humankind has searched for ...
- Young Sri Lankan Diaspora and UK Parliamentarians visit Sri Lanka (Category: Business)
- Marketing an emerging tourism destination in Asia (Category: Business)
- Community tourism to be developed to differentiate country from the region (Category: Business)
- Economic management and the way forward (Category: Business)
“Our sense is that if we do not act boldly and if we do not act together, the economy around the world runs the risk of a downward spiral of uncertainty, financial instability and potential collapse of global demand… we could run the risk of what some commentators are already calling the lost decade” – ...
- W. Bank’s Zoellick says double-dip recession unlikely (Category: Business)
- Flashing red - European debt crisis signals collapse of social welfare state (Category: Business)
- World economy fragile, faces “uneasy calm” – IMF (Category: Business)
- G20 backs Europe’s plans for overhaul to fight crisis (Category: Business)
A survey conducted last week on the health of the Sri Lankan economy revealed that almost 64% said that the Government had done its task but only 43% had said that there had been growth in the economy. Whilst some can say that this data is strange, a similar set of information was shared at ...
- What’s next for Brand Sri Lanka? (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- Sri Lanka can be a top 30 country by 2015 (Category: Business)
- Treasures of Sri Lanka, the ethical way (Category: Business)
Range of sectors discussed for investments during meeting between Qatar Premier and Economic Development Minister Basil Rajapaksa Range of sectors discussed for investments during meeting between Qatar Premier and Economic Development Minister Basil Rajapaksa (strap) Sheikh Hamad Bin Jassim Bin Jabr Al-Thani, Prime Minister and Minister of Foreign Affairs in Qatar together with Yousf K...
- Basil woos for more from Japanese investors in Sri Lanka (Category: Business)
- Peaceful Sri Lanka: Emerging investment destination for France, UK (Category: Business)
- Sri Lanka to strengthen bilateral ties with Qatar during Premier’s visit (Category: Business)
- Qatar Prime Minister to arrive in the country tomorrow (Category: Breaking News)
Last week my phone beeped and the text message read ‘The Chairperson of the Security and Exchange Commission Indrani Sugathadasa had resigned citing reasons of values and principles for her resignation’. My mind went back to the time when this lady when she was the Board Director at EDB. Whenever tough decisions had be taken ...
- 2011: Power achievements for Sri Lanka, but… (Category: Business)
- The changing face of brand Sri Lanka (Category: Business)
- Govt. to abolish duty-free vessel imports to boost $ 500 m boating industry (Category: Business)
IN 2010, the boost for Sri Lanka tourism was being named the top travel destination by the New York Times. As the dawn of 2012 emerges the plus point is being among the top six of National Geographic’s best global destinations. Upbeat on tourism, the Government is considering a target of 950,000 arrivals for 2012 ...
- Israel tourism slips 2.4% to 3.36 m in 2011 (Category: Business)
- Chamber of Tourism and Industry Chief meets UNWTO Regional Director (Category: Business)
- Increased tourism numbers expected (Category: Western Australia)
- Sri Lanka discussed to get UNWTO help (Category: Breaking News)
Having being involved actively in the last seven years of Sri Lanka’s economic development agenda, the last two years in particular have been dramatic in nature. Private sector thinking has now come into the public sector which is interesting but needs to be careful managed so that we do not lose the democratic spirit of ...
- Lankan consumer unplugged (Category: Business)
- Building ‘Brand Sri Lanka’: Expo 2012 (Category: Business)
- Marketing 3.0 and Sri Lanka (Category: Business)
- Gearing up for tougher times (Category: Business)
By Chamitha Kuruppu The Janatha Vimukthi Peramuna claims spending Rs. 265 billion on an 11-day extravaganza is intolerable for an economically ailing country like Sri Lanka. Addressing a media briefing the JVP warned that the aftermath of hosting the 2018 Commonwealth Games would not be rosy as the Rajapaksa administration predicts According to JVP Propaganda ...
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
- JVP accuses Govt. of crippling University system (Category: Business)
- AKD’s India visit: ‘JVP will not compromise Lanka’s security and economic interets’ (Category: Breaking News)
- JVP urges public to hold Govt. accountable for “gambling with public money” (Category: Business)
By Sanath Weerasuriya in London The curtain rises at the World Travel Mart in London yesterday with a new hope for Sri Lanka Tourism to go beyond its target of 800,000 tourist arrivals to the country by the end of this year. The business for the Sri Lanka Tourism at the modern architecturally designed Sri ...
- Kimarli Fernando resigns as chairperson of Sri Lanka Tourism (Category: Breaking News)
- Sports Draw (Category: Business)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
- Sri Lanka Marks First Anniversary of Civil War End (Category: Breaking News)
Expolanka Holdings PLC said yesterday it has sustained its consolidated NPAT for the first half of FY 2011/12 at Rs. 668 m, with a consolidated NPBT at Rs. 862 m. These results have been achieved against the backdrop of the many challenges faced by the Group in the international trading sector with its global economic ...
- Expolanka Holdings posts Rs. 903 m profit for 9M of FY12 (Category: Business)
- Expolanka Holdings announces delisting and change of company name (Category: Breaking News)
- Global recognition for Expolanka’s social marketing at 20th World Brand Congress (Category: Business)
- Expolanka Holdings buys controlling stake in Norfolk Foods for Rs. 300 m (Category: Business)
The policy changes, reforms and modernisation since Budget 2011 appears to have been the context of a presentation made to the Joint Apparel Association Forum in July 2011 by the “leading light” in finance, planning, treasury management and economic development. Sri Lanka background 2000-’10 The presentation articulates the background issues experienced from 2000 to 2010. ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
Last week I received an invite for an ‘Inventors Day Celebration’ in one of the leading schools in the country and the master in charge shared a thought that I felt was a cutting edge idea. Apparently, every one of us is an inventor in some part of our daily life. The issue is that ...
- Wimbledon 2012 pick-ups for Lanka (Category: Business)
- Global Commerce Excellence awards next week (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
Stock Broking firm Capital Alliance suggests that the 2.6 million tourist arrivals target isn’t a pipedream but achievable though it will be only by 2020, which is 4 years later than the Government and industry set timeline of 2016. “The Government projects 2.5m arrivals in 2016, but the industry will lack the rooms and trained ...
- Think tourism (Category: Business)
- ETA examined (Category: Business)
- September tourist arrivals up 27% (Category: Business)
- South Africa’s Sun City to invest $ 800 m in Sri Lanka tourism (Category: Business)
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