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Mount Lavinia Hotel has always been a catalyst to take steps of changing landscape with its own set of new challenges. Now it envisages empowerment and enhancement of Hospitality Education and Training within the country and in the region also. Mount Lavinia Hotel has branched out into Maldives with the opening of its sister hotel ...
Cantaloupe Aqua, a private hotel and beach club, was recently featured in the UK’s Sunday Times Travel Magazine as one of the top 50 ‘Unbelievable Hotels Under £100’. Named among some of the top hotels around the world, Cantaloupe Aqua was the only Sri Lankan hotel to make it into the top 50. The Sunday ...
Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...
By Cheranka Mendis With the anticipated growth of the country’s tourism sector, the need to develop suitable human capital in the aviation industry is becoming a key priority in the sector. Aspiring to become the one and only recognised and accredited industry training facility in South Asia, International Aviation Academy (IAA) will work on partnering ...
Diversified blue chip Aitken Spence Plc has reported a pre-tax profit of Rs. 918 million for the first quarter, a growth of 25%, over the previous year, while the Group’s revenue rose by 54% to Rs. 8.61 billion. Earnings per share for the quarter stood at Rs. 1.58, an increase of 16% over the corresponding ...
PTI (COLOMBO): India expressed its keenness to invest in development of war-torn Sri Lanka in a big way, for which it promised to rope in private players in sectors like ports and exploration of oil and gas. Commerce Minister Anand Sharma also reaffirmed India’s commitment to building infrastructure and institutions in Sri Lanka during his ...
By Uditha Jayasinghe and Cheranka Mendis Setting out an ambitious plan, India yesterday outlined extensive investment potential in Sri Lanka centred on infrastructure, tourism and pharmaceuticals apart from offering preferential access to double trade to $ 10 billion by 2017. Indian Commerce, Industry and Textiles Minister Anand Sharma, who is on a three-day visit to ...
Saffron Aviation Ltd., a joint venture between John Keells Holdings PLC (JKH), MMBL Leisure Holdings Ltd., and Phoenix Ventures Ltd., yesterday signed an agreement with the Board of Investment (BOI) to establish a domestic air taxi service in Sri Lanka with an initial investment of $ 6.8 million out of a total planned investment of ...
Sri Lanka has achieved excellent results in its Northern and Eastern rehabilitation and resettlement program and post-conflict economic development drive, a top United Nations official has said. John Ging, the Director of the Coordination and Response Division of the UN Office for the Coordination of Humanitarian Affairs (OCHA) with Economic Development Minister Basil Rajapaksa ...
A recollection of collective victory The Sri Lanka Export Development Board (EDB) celebrates its 33rd anniversary in August 2012. EDB deserves a high degree of praise for its remarkable contribution made toward the socioeconomic development of the country, the key national institution for export development and promotion during the last 33 years, sharing its responsibility ...
Biggest contingent of top Indian corporate leaders in town for the first ever bilateral CEOs Forum and other events as mega India Show kicks off today with Commerce Minister Sharma as Chief Guest By Nisthar Cassim Indian business leaders are rushing to Sri Lanka as the giant neighbour kicks off today what can be described ...
Presently Sri Lankan software has been exported to regions such as North America, EU, Australasia and East Asia. With the recent global financial slow down, most of the matured software markets are not as vibrant as earlier for the software products and services. Considering this fact, EDB has identified developing regions of the world as ...
Economic Development Minister Basil Rajapaksa recently hailed the substantial support for socio-economic development in Sri Lanka from Finland. This was emphasised when Finland’s outgoing Ambassador to Sri Lanka Terhi Hakala paid a courtesy call on Minister Rajapaksa. “Finland has generously assisted Sri Lanka over the years in country’s economic and social development drive. It ...
Minister of Commerce, Industry and Textiles of India Anand Sharma will visit Sri Lanka from 2-5 August 2012, coinciding with the prestigious ‘India Show – Land of Limitless Opportunities’ being organised by the Confederation of Indian Industry (CII) in partnership with the Ceylon Chamber of Commerce from 3-5 August 2012 at the BMICH, Colombo. ‘India Show’ ...
SriLankan Airlines recently flew a delegation of creative professionals, along with special Sri Lankan made fashion, design and craft exhibits from Colombo to London, to launch the 2012 edition of the Sri Lanka Design Festival (SLDF). London, positioned as a world creative hub, is also a central business point and home to some of the ...
T20 tourney to take up over 7,000 room nights in lean tourism season; bring in over Rs. 130 m revenue for hotels Destination Sri Lanka to get a fillip via global TV coverage The inaugural Sri Lanka Premier League (SLPL), ready to kick off in two weeks’ time, is expected to give a big boost ...
The Sri Lanka Premier League (SLPL), aimed at being Sri Lanka’s most prestigious, annually-held, domestic Twenty20 cricket competition and featuring the best and upcoming cricketing talent from Sri Lanka playing alongside national Sri Lankan cricketers as well as some of the world’s biggest Twenty20 cricket stars, has made several new announcements. An introduction to the ...
A Memorandum for Co-operation between the Chinese People’s Association for Peace and Disarmament (CPAPD) and the Pathfinder Foundation (PF) was signed yesterday in Colombo. The Memorandum was signed by CPAPD Deputy Secretary General Chen Huaifan and Executive Director Luxman Siriwardena on behalf of the PF. The event was witnessed by Pathfinder Foundation Founder Milinda Moragoda, ...
Cinnamon Lakeside Colombo excelled in the 21st National Bartender’s Cocktail and Flaring competition held at the BMICH on 15 July. Three talented members of the Cinnamon Lakeside team went through to represent the hotel in the finals. The finalists wowed judges at the Hotel show with Chandika Thilakarathna and Dinusha Vilashani in the Classical category ...
Secretary to the Prime Minister Amarasekera, Secretary to the Ministry of Defence and Urban Development Gotabhaya Rajapaksa, Secretary to the Ministry of Telecommunication and IT Gunasekera, other Ministry Secretaries, ICTA Chairman Professor Epasinghe, FutureGov Asia Managing Director Mohit Sagar, officers and representatives of the sponsors of this conference, Government delegates from our neigh...
With the opening dates of terminals in the Colombo South Harbour Project in Sri Lanka and Deep Water Container Port in Pakistan now set as 2013 and 2014 respectively, port development in the South Asian region is about to enter another era. When completed, the new deep sea ports in Karachi and Colombo will have ...
One hundred and twenty golf pros are set to tee off in Sri Lanka next month at the major professional tour – The Standard Chartered Open 2012. The four day tournament which will debut in Sri Lanka and be held from 15 to 18 August at The Royal Colombo Golf Club, is an event sanctioned ...
Tourism industry official cum professional Dileep Mudadeniya in his personal capacity has released a book on Sri Lanka’s hosting of the International Indian Film Academy Awards (IIFA) in 2010. Titled ‘IIFA: The Other Side,’ the book in Sinhala, Dileep’s first, recaps the efforts which went in to it, the challenges faced and its success, in ...
The Graduation Ceremony and Membership Investiture of The Chartered Institute of Marketing (CIM), Sri Lanka Region was held on Friday 20 July at Waters Edge, Battaramulla. University of Moratuwa Senior Professor Civil Engineering, Malik Ranasinghe was the Chief Guest, while CIM UK Director of Education Anita Stubbs graced the occasion as Guest of Honour. CIM ...
Rohan Somawansa, the 2010/2011 past president of Sri Lanka Institute of Marketing (SLIM) was appointed the Vice President of the Asia Marketing Federation (AMF) at the Annual General Meeting, held in Tokyo, among many candidates from other powerful member countries namely Japan, Indonesia, Thailand, Hong Kong, Philippine, Singapore and Malaysia. Formed in 1991, the Asia ...
Following is the part one of the Daily FT article featuring the Acuity Stockbrokers Research on Economy and Strategy titled “Lion Leads Frontier” launched last week. Better than the rest General frontier market risks remain pertinent to Sri Lanka Investors in frontier markets are well aware of the risk-return tradeoff intrinsic to these markets. Low ...
The International Council of Tourism Partners (ICTP) announced that the Sri Lanka Convention Bureau (SLCB) has become the second destination member from the country. The mission of the Sri Lanka Convention Bureau is to position Sri Lanka internationally as a unique venue for MICE activities, resulting in revenue from MICE tourism that will make a ...
An important feature of the recent Sri Lanka Economic Summit, which both the Guest Speaker Gurcharan Das, Author, Columnist and Management Consultant and Keynote Speaker Dr. Kalpana Kochar, Chief Economist – South Asia of the World Bank, referred to were the opportunities presented to Sri Lanka by the ongoing process of globalisation and particularly the ...
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 ...
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 ...