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Madurai: The Tamil Nadu Chamber of Commerce and Industry (TNCCI) in Madurai has urged the Indian government to check the attack on visiting Sri Lankan pilgrims since the travel advisory issued by Sri Lanka will seriously affect the tourism and trade to the state. The TNCCI in a statement pointed out that India-Sri Lanka trade ...
Access Engineering PLC, the leading value engineering solutions provider in Sri Lanka, was selected by China Harbour Engineering Company Ltd. to partake in one of the country’s most exhilarating infrastructure projects, the new International Airport at Mattala, Hambantota. Funded by the Government of the Peoples Republic of China, construction of the Hambantota International Airport is ...
Emirates contributed $1.15 b as Foreign Exchange Earnings to the economy Emirates operations support 72,323 jobs in India Expansion of an efficient civil aviation sector is important for India as it becomes increasingly linked to global commerce and tourism. The National Council of Applied Economic Research (NCAER) undertook a study on the economic impact of ...
The Bahrain Airport Company (BAC) recently welcomed the inaugural flight of Sri Lanka-based low-cost airline, Mihin Lanka, to the kingdom. The new milestone of Mihin Lanka, an airline 100 per cent owned by the government of Sri Lanka, is a reflection of its progressively growing operations, a statement from BAC said. The ceremony was attended ...
Incident could affect Madurai getting international connectivity: Trade bodies The Hindu: The recent tension over the presence of Sri Lankans in Tamil Nadu has caused trade bodies in southern districts worry over the prospects of international connectivity for Madurai as the first full-fledged international flight was scheduled from Colombo on 20 September. While not going ...
The International Air Transport Association (IATA) last week announced global traffic results for July showing slower growth in both air travel and freight, but with considerable variation by region and market. n July passenger demand in aggregate was 3.4% higher than the same month last year, compared to a 6.3% increase in June and average ...
Wins two Presidential Travel and Tourism Awards SriLankan Airlines was named ‘Airline of the Year’ for the fourth consecutive year at the SriLankan Tourism Awards 2011, firmly emphasising the National Carrier’s pivotal role in the growth of Sri Lanka’s tourism industry. SriLankan Airlines is proud to serve as a pillar of strength to Sri Lanka’s ...
By Cassandra Mascarenhas Sri Lanka’s biggest ICT events of 2012, the ASOCIO international conference and the country’s national IT expo INFOTEL, will be held consecutively portraying the country’s persistent ICT development and the significance of the rapidly expanding industry. Hosted by the Federation of Information Technology Industry (FITIS), the Asian-Oceanian Computi...
The legendary Galle Face Hotel established in 1864 was the proud recipient of the Best Heritage Hotel 2011, Tourism Entrepreneur of the Year (awarded to Group Chairman of the Galle Face Group Sanjeev Gardiner) and Tourism Pioneer for Outstanding Contribution to Tourism (awarded to CEO/Vice President Chethiya Perera) at the fifth annual Sri Lanka Tourism ...
Lanka Exhibition and Conference Services (LECS) won the Tourism Award for the Best Professional Exhibition Organiser, for the fourth consecutive year at Tourism Awards 2011. LECS was the winner of the prestigious awards for the past three consecutive years resulting in the company being inducted into the Hall of Fame. The organisation, which has a ...
According to figures collected by PATA, international visitor arrivals into Asia Pacific destinations during May 2012 show a collective gain of 3% year-on-year. This is the second consecutive month with a declining growth rate. For the first five months of 2012, the average growth in international visitor arrivals into Asia Pacific destinations was 6% up ...
Strongest ever SA biz delegation to Sri Lanka in bilateral history Among investments sought here are urban property and shopping malls ‘Will strongly boost bilateral trade levels beyond $ 65 million’ – Rishad Former Deputy Foreign Minister Schoeman in the delegation The biggest -and most powerful- South African business delegation ever to arrive in Sri ...
The SAFA-CMA Management Accounting Summit 2012 held in June this year revolved around the theme ‘Corporate Social Responsibility and Sustainability Practices,’ of which the highlight was the final session of the two-day summit, the CEO and CFO Forum. The panel featured Dialog PLC Group CEO and Managing Director Dr. Hans Wijayasuriya, John Keells Holdings Finance ...
The national carrier of Sri Lanka, SriLankan Airlines is celebrating its 33rd anniversary this month. This milestone will be marked with religious ceremonies for the staff commencing from the first week of September. The airline said its life journey has been fascinating, checked with victories and surviving turmoil during the country’s three decade long civil ...
John Keells Leisure Group emerged at the forefront of the annual Sri Lanka Tourism Awards held on the 30th of August 2012 by winning 12 key awards across its three Sectors: City Hotels, Resort Hotels, and Destination Management Companies. Once again Walkers Tours Limited won the most prestigious award in the Inbound Category for the ...
The only travel company in Sri Lanka to enter the Hall of Fame, Aitken Spence Travels won the awards for ‘Best Tour Operator Emerging Market’ and ‘Best Conference Organiser’ at the fifth Sri Lanka Tourism Awards. The company’s first employee and also a past Chairman of Aitken Spence PLC, Prema Cooray was recognised with a ...
The Sri Lanka Tourism Development Authority (SLTDA) honoured Prasanna W. Jayewardene with the ‘Pioneer in Tourism’ award at the recently-concluded Tourism Awards 2011. Hotelier Jayewardene has 45 years of experience in the tourism industry both locally and internationally and was recognised for his services as a pioneer in the field. Having received his education at ...
John Keells Resorts bagged three coveted awards at the recently-concluded Sri Lanka Tourism Awards 2011. The Sri Lanka Tourism Awards pays tribute to organisations and individuals for their excellence and inspired achievements whilst contributing towards the strengthening and empowering of our nation’s tourism industry. Winning the award for the ‘Best Five Star Resort’ was Cinnam...
By Reshma Kapadia Emerging Markets Daily: With so much angst over India, some investors are looking for other ways to play the subcontinent and setting their sights on Sri Lanka. The country, a major shipping hub attracting a good deal of investment from China, is rebuilding after a three-decade civil war that left parts of ...
After 24 exciting matches, the Mahindra Sri Lanka Premier League is finally drawing to a close at the R. Premadasa International Stadium today. The tournament, which kicked off on the 10th of August with the grand opening ceremony at the Sugathadasa Indoor Stadium, provided the cricket-loving public of Sri Lanka an opportunity to watch the ...
Human rights Human rights are on the top of agenda today. Nations accuse each other of violations of human rights of themselves and others. Rights are generally violated during conflicts and wars as the strength of the weapon supersedes peace over and stability and rule of law. There is no shortage of conflicts in most ...
WASHINGTON, (Reuters): Singapore’s economy is set to weaken this year on the back of weaker global demand and related international financial and trade strains emanating from the euro zone debt crisis, the International Monetary Fund said on Monday. “Under the benign global baseline scenario, growth is forecast to soften this year to just below 3 ...
IFC, a member of the World Bank Group, this week hosted an advanced trade finance seminar in Colombo to train bankers from Sri Lanka and Maldives on using sophisticated trade finance products, the better to serve small entrepreneurs engaged in international trade. The five-day training program, sponsored by the government of Japan, helps bankers identify ...
A top South African business delegation will be arriving in Colombo next week. The delegation consists of no less than 30 leading business members of the Progressive Business Forum of African National Congress (ANC-PBF), the ruling ANC’s influential business collective. The delegation will be in Sri Lanka from 5-8 September. “We warmly extend our welcome ...
Commissioners given freedom to decide future course with regard to DG post Dr. Jayasundera says top professionals picked to give leadership to a sound capital market growth Priyantha and Sujeewa served as Commissioners under Indrani Sugathadasa as well Opposition and certain market segments decry choice of men given their conflicting roles By Nisthar Cassim Likely ...
By Cheranka Mendis Some 45 foreigners from 20 nationalities will be traversing the island in three-wheelers starting 31 August taking part in the 12 day Lanka Challenge organised by Large Minority for the fourth consecutive year. An innovative promotion model for Sri Lanka through adventure tourism, Lanka Challenge will take the participants to Jaffna for ...
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 ...
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 ...