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- www.ft.lk - Category : Business - Relavancy : 1.0

John Keells Hotels Group announced the certification of ‘Green Globe Awards’ to five of its resorts and hotels for sustainable tourism. The certifications were received by Chaaya Village Habarana, Chaaya Blu Trincomalee and Chaaya Reef Ellaidhoo – Maldives, properties which fall under Chaaya Hotels and Resorts, Cinnamon Lodge Habarana of the Cinnamon Hotels and Resorts ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Tourism Australia’s ongoing strategic efforts to tap into the growing tourism opportunities provided by markets in Asia will be boosted following the Federal Budget announcement for a new, dedicated Asia Marketing Fund worth A$61 million over four years. Tourism Australia Chairman Geoff Dixon said the funding injection towards marketing ‘There’s nothing like Australia to Asian .....

- www.ft.lk - Category : Business - Relavancy : 1.0

Steps to promote through embassies have started Sri Lanka Tourism to be rebranded as  Sri Lanka Tourism Authority soon  By Cheranka Mendis Conclusive decisions have not been taken to fully implement the Government’s plan on formulating a combined publicity program to build a unified brand for Sri Lanka Tourism as announced in August last year, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

WASHINGTON: External Affairs Minister Prof. G.L. Peiris opened a four-day, official visit to Washington, DC Tuesday with a series of meetings with key US Senate leaders and a talk on Sri Lanka’s post-conflict redevelopment and reconciliation programs, emphasising that lasting peace, stability and growth in Sri Lanka will be achieved through home-grown solutions, not those ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The best hotels, hotel architecture, interiors, construction and design across the entire Asia Pacific region were celebrated at The J W Marriott Hotel in Kuala Lumpur on 27 April. The leading companies behind these winning hotels and hospitality projects were invited to attend to receive the prestigious awards. The Asia Pacific Hotel Awards in association ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Tourism has emerged as an extremely important sector in the economy from a number of perspectives in post-conflict Sri Lanka. It is important as a potential source of growth, employment and foreign exchange. The sector has seen impressive recovery since the end of the conflict. Arrivals have increased from 447,890 in 2009 to 855,975 in ...

- www.ft.lk - Category : Business - Relavancy : 1.0

A new travel industry book will make it easier for businesses to understand China’s consumers, particularly their travel preferences and the latest social, economic and digital trends in a highly complex, fast-moving market. The ‘Essential China Travel Trends Guide – 2012 Year of the Dragon Edition,’ includes articles on outbound tourism, luxury travel, tour operation, ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Under Secretary of the Ministry of Foreign Affairs of Philippines Erlinda F. Basilio met Minister of Economic Development Basil Rajapaksa today at the Economic Development Ministry. At the outset Minister Rajapaksa said at the moment Sri Lanka will always remember the help extended by the Philippines in various international forums recently. Longstanding friendship between the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

According to the UNWTO international tourism continued to show sustained growth, in spite of challenging economic conditions, during the first two months of 2012. According to the May issue of the UNWTO World Tourism Barometer, released in Batumi, Georgia on the occasion of the 54th UNWTO Commission for Europe, international tourist arrivals grew by an ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Expolanka Holdings PLC yesterday acquired the controlling stake in Akquasun Holidays India (Pvt) Ltd. at a cost of US$ 915,000, thus further consolidating both its presence and strength in the leisure and travel sectors. Akquasun Holidays, the Mumbai-based destination management specialist is a B2B Destination Management network company. Primarily mandated to attracting traffic from emerging ...

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 Admits growth may be slower but insists that all assistance will be given for investment Despite a growth downgrade in 2012, Central Bank Governor Ajith Nivard Cabraal insists that the Government is focused on encouraging private sector investment and will provide maximum assistance. Cabraal made these points as the Guest Speaker at the American Chamber ...

- www.ft.lk - Category : Business - Relavancy : 1.0

Expolanka Holdings PLC yesterday acquired the controlling stake in Akquasun Holidays India (Pvt) Ltd. at a cost of US$ 915,000, thus further consolidating both its presence and strength in the leisure and travel sectors. Akquasun Holidays, the Mumbai-based destination management specialist is a B2B Destination Management network company. Primarily mandated to attracting traffic from emerging ...

- www.ft.lk - Category : Business - Relavancy : 1.0

As the fifth largest export revenue earner in Sri Lanka, the BPO industry has recorded phenomenal growth over the last couple of years. Looking to differentiate itself in this rapidly expanding sector, Hayleys Business Solutions International (HBSI) recently became the first and only BPO in the country to obtain CarbonNeutral certification, reinforcing its commitment to ...

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Still recovering from decades of civil war, Sri Lanka has attracted some private equity interest but firms have found it hard to rally LP support for the country   PE Asia: Sri Lanka’s golden sandy beaches lie not 50 kilometres from India’s closest point, but the distance between the two countries’ private equity markets is ...

- www.ft.lk - Category : Business - Relavancy : 1.0

SriLankan Airlines announced that it would strengthen its operations to the Middle East region during the recently-concluded Arabian Travel Market (ATM) held in Dubai. “We see a substantial increase in arrivals from the Middle East region and as the national carrier we hope to facilitate tourism to Sri Lanka by strengthening our presence in the ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

In its latest publication of ‘Sri Lanka’s Leading Brands,’ Brands Finance lists Cinnamon Lakeside Colombo as the ‘Highest Valued Hospitality Brand’ in Sri Lanka. The annual review has been published for eight consecutive years by Brand Finance, a leading independent consultancy founded in the UK. The review assesses the health of leading brands in Sri ...

- www.ft.lk - Category : Business - Relavancy : 1.0

By Cassandra Mascarenhas Expected to attract over 20,000 buyers this time around, Boat Show Sri Lanka 2012, South Asia’s largest international boat show, will commence on 18 May for the third consecutive time, organisers said on Tuesday. From left: LECS Director Imran Hassan, Ministry of Industry and Commerce Additional Secretary — Policy Development Asitha K.Seneviratna, ...

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By Cheranka Mendis With tourism numbers increasing, Sri Lanka Tourism must now look at aggressive destination promotion, especially at travel and trade fairs abroad. While the industry expressed delight over the tourism authority’s interest in supporting more participation in international travel fairs, the lack of representation of the authority itself is a major drawback to ...

- www.ft.lk - Category : Business - Relavancy : 1.0

CB gives appraisal on economy, admits 2012 start under pressure but insists new policies have smoothed road ahead   By Uditha Jayasinghe Regardless of emerging pressures, the Central Bank is confident that Sri Lanka will be able to weather economic storms in 2012, a top official said yesterday, insisting that proactive policy measures would bear ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

Etihad Airways has again cleaned up at the prestigious World Travel Awards Middle East. The carrier was named the ‘Middle East’s Leading Airline’ for the sixth year in a row at a glittering black tie gala in Dubai last week. From left: Etihad Airways’ Michael Venus, Vice President Corporate Affairs, Aubrey Tiedt, Vice President Guest ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Governments of Sri Lanka and Australia in the interest of both countries have pledged to cooperate on curtailing illegal migration and human trafficking. The two countries have agreed to keep a vigil on the people smuggling activities during bilateral discussions held Thursday between the Australian Minister of Immigration and Citizenship Chris Bowen, who was ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The International Air Transport Association (IATA) last week announced global traffic results for March showing that total passenger demand rose 7.6% and freight demand climbed 0.3% compared to the same month last year. Comparisons with March last year are affected by events that depressed passenger demand in 2011, including the Arab Spring, which disrupted travel ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Ceylon Chamber of Commerce, the legendary trade promotion organisation in Sri Lanka with a history of 173 years entered into a Memorandum of Understanding with the Foreign Trade Chambers Federation Rio de Janeiro – Brazil recently. “Private investors in Brazil will see this as a unique opportunity to work with Sri Lankan business conglomerates” ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The Ceylon Chamber of Commerce (CCC) signed a cooperation agreement with the Chamber for Promotion and Economic Development of the BRICS Countries (Brazil, Russia, India, China and South Africa) called ‘BRICS-PED’ recently. This special agreement will initially promote an identified range of products/services between Sri Lanka and BRICS Countries and facilitate alliances on reciprocal ...

- www.ft.lk - Category : Business - Relavancy : 1.0

The highest oversubscription ever seen for a Sri Lankan international bond in April and KPMG’s latest positive Change Readiness Index ranking for Sri Lanka show the growing international investor confidence in the country, which prefers patient investments to hot money. “Sri Lanka has entered a new era of development thanks to the visionary leadership of ...

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Finance Ministry Secretary Dr. P.B. Jayasundera yesterday insisted that the recent fall in the value of the rupee was unwarranted and blamed it on speculators as recent corrective policy actions had strengthened fundamentals for greater stability in the exchange rate. “The recent spike is due to speculation more than on fundamentals. I reiterate that the ...

- www.ft.lk - Category : Business - Relavancy : 1.0

IFC, a member of the World Bank Group, is working with micro-insurance company SANASA Insurance to develop flexible, affordable, weather-based agricultural insurance products in Sri Lanka to minimise the impact of crop losses due to floods or droughts. IFC is helping SANASA Insurance expand access to insurance for up to 15,000 small farmers by offering ...

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- www.ft.lk - Category : Business - Relavancy : 1.0

Sunquick partnered with Sri Lanka Institute of Tourism and Hotel Management (SLITHM) to conduct the Mocktail competition when the students of the Colombo Hotel School and the provincial schools participated. The contestants showcased the talents under two categories – Classical Innovative Mocktail and Flaring Mocktail. The uniqueness of the competition was that each and every compe...

- www.ft.lk - Category : Business - Relavancy : 1.0

Sri Lanka should start thinking of real improvements rather than marketing magic, says Simon AnholtQ: Thank you for making time to discuss ‘Brand Sri Lanka’. In your view, on the principles of nation branding, what are the key issues that Sri Lanka must address? A: First of all, I have to stress that ‘nation branding’ ...

- www.ft.lk - Category : Business - Relavancy : 1.0

At the Pacific Asia Travel Association (PATA) Annual Conference in Kuala Lumpur last week, PATA CEO Martin J. Craigs committed the association to a four-year phase of ‘Next Generation’ action to underpin the 61-year old travel body’s relevance in the digital age. The CEO said aligned advocacy, mobile technology, business building events, and crisis management ...

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