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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)
The Sri Lanka Tourism Development Authority (SLTDA) yesterday said there were no plans to introduce a licensing scheme for three-wheelers to transport tourists. “There is no ban or a scheme planned as such,” SLTDA’s Acting Director General Vipula Wanigasekara said in response to media reports, which said it had banned the transportation of tourists by ...
- Promoter keeps SLTDA in the dark on itineraries of Ukrainians (Category: Breaking News)
- Promoter keeps SLTDA in the dark on itineraries of Ukrainians (Category: Breaking News)
- Sri Lanka tourism authority introduces a fully automated licensing system (Category: Breaking News)
- Sri Lanka tourist arrivals up 27 percent year-on-year in September (Category: Breaking News)
Asia and the Pacific and Africa show best results in first four months of 2012 As the summer season gets underway in the Northern Hemisphere, the short-term outlook for international tourism remains positive according to the UN WTO. The UNWTO Confidence Index for May-August has improved compared to previous periods, particularly among experts in advanced ...
- European tourism grows above expectations (Category: Business)
- International tourism off to strong start in 2012 – UNWTO (Category: Business)
- New UNWTO and ATM Forum to boost Middle East tourism (Category: Business)
- Global tourist arrivals up 4% in 2011; expected to reach 1 b mark in 2012 (Category: Business)
The Pacific Asia Travel Association (PATA) hosted the PATA Hub City Forum, London, 5 July at the Institute of Directors in Pall Mall. The objective was to engage on a variety of strategic matters including UK border issues, inward investment for the UK, Heathrow Airport, crisis response, the 2012 Olympic impact, and the UK’s controversial ...
- PATA defines new events and advocacy agenda (Category: Business)
- PATA Awards Leading Travel Professionals (Category: Business)
- Philippines to host PATA Travel Mart 2012 (Category: Business)
- PATA commits to ‘Next Gen’ action at Annual Conference (Category: Business)
By Cassandra Mascarenhas The third and final day of the Sri Lanka Economic Summit 2012 organised by the Ceylon Chamber of Commerce commenced with a plenary session titled ‘Skills and Productivity to Compete in the Global Market,’ which discussed the initiatives that are underway and aimed to identify additional steps required to improve the quality ...
- Improving Sri Lanka’s business climate (Category: Business)
- Sri Lanka Economic Summit to examine ease of doing business (Category: Business)
- Creating digital inclusion and regional connectivity (Category: Business)
- From science to commercialisation (Category: Business)
Dropped in at the hospital for a leisurely evening drink. Strawberry margaritas served in a breezy courtyard and physicians playing ’90s classics were just what the doctor ordered. The 16th century Dutch Hospital Shopping and Dining Precinct at Fort is a haven for the hale and hearty, perhaps the only one of its kind in ...
- Sneak peak into Australia’s largest animal hospital (Category: Breaking News)
- Deputies: Woman tied up sister during NYE fight (Category: USA, Washington)
- Hospital worried about mail to Duminda Silva (Category: Breaking News)
- Duminda under watch for 48 hours (Category: Breaking News)
The ProFood/ProPack 2012 held from 6-8 July at BMICH Colombo yet again provided an excellent platform to around 45 participating Indian companies to showcase their wide range of agro and food products to the Sri Lankan public and business community. There was strong buyer interest in the Indian products such as wine, fresh fruits like ...
- Indian wine and agro firms at Pro Food Pro Pack 2012 expo (Category: Business)
- India Pavilion adjudged the Best pavilion at Sri Lanka food and Agri exhibition (Category: Breaking News)
- Ayubowan India! (Category: Business)
- Indian mantra for merry ties! (Category: Business)
Sri Lanka Tourism Development Authority has banned the transportation of foreign tourists by three wheeler taxis that are not licensed for the purpose. The authority has given training to the three wheeler drivers in serving the tourists. The drivers who successfully completed the four-day training have been given a certificate and the necessary permission to ...
- Fleurieu crowds go with the flow (Category: South Australia)
- Going ape (Category: Technology)
- Eastern Eye (Category: Business)
- Sri Lanka seeks more Saudi tourists (Category: Breaking News)
By Asoka N. Pathirane Having come into the tourism and hospitality industry with a bang last year, Wayamba Development Authority of the Wayamba Provincial Council has taken a giant step towards catering to the foreign and local traveller by signing up with a colossus Hotel and Resort Group, Amaya Leisure to operate the eye catching ...
- Amaya’s Wayamba Café Forest in Kurunegala to get new fluorescent signage (Category: Business)
- Amaya Leisure opens first wayside restaurant outlet in Kurunegala (Category: Business)
- Expansion Plan (Category: Business)
- Hotel Deal (Category: Business)
Following is the full text of Secretary to Ministry of Finance and Planning and Ministry of Economic Development Dr. P.B. Jayasundera’s keynote address titled ‘Sri Lankan Economy in Perspective’ at first plenary session of the Ceylon Chamber of Commerce Sri Lanka Economic Summit yesterday under the theme ‘Positioning Sri Lanka in the Global Economy’ Chairman, ...
- Govt. on right course, private sector must adapt and grow: Dr. P.B. (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- A resolute Sri Lankan economy (Category: Business)
- Does Wage Growth Retard Economic Growth? (Category: Breaking News)
By Cassandra Mascarenhas Being a developing country with a small domestic market of 20 million people, it is imperative for Sri Lanka to look towards exports to achieve high economic growth rates. The restriction of the size of the domestic market imposed through low income levels and small market size does not facilitate domestic producers ...
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- Storms brewing in teacups (Category: Business)
- Storm in Sri Lanka’s teacup: A more pragmatic approach is key (Category: Business)
Third batch of students graduate in TangalleThe third batch of 23 students, trained in hotel operations under ‘Jeevana’ Livelihood Development Scheme, promoted by NDB, passed out at a ceremony held in Tangalle on 9 July. MP Namal Rajapaksa was the chief guest at the ceremony. Initiated in September 2010, ‘Jeevana’ Livelihood Development Program endorses NDB’s ...
- NDB ‘Jeevana’ empowers youth in Jaffna together with DIMO (Category: Business)
- NDB Bank enhances hospitality trade through ‘Jeevana’ initiative again (Category: Business)
- NDB helps youths to get jobs in the growing tourism industry (Category: Breaking News)
By Cassandra Mascarenhas Setting its sights on placing Sri Lanka in the global economy and expanding its reach in overseas markets, the Sri Lanka Economic Summit 2012, the Ceylon Chamber of Commerce’s annual flagship event, aptly themed ‘Positioning Sri Lanka in the Global Economy,’ commenced last evening at the Cinnamon Grand. In the context of ...
- Lion leads frontier markets (Category: Business)
- Young political guns speak up for economy (Category: Business)
- Ceylon Chamber spearheaded repositioning post-war Sri Lanka forum kicks off today (Category: Business)
- Sustainability in volatility: The bankers’ challenge (Category: Business)
Floriculture processing, training and agro tourism centre opened in Bingiriya Labour saving efforts and productivity are major aspects of surviving the fast growing world flower market which is also highly competitive. “Though Sri Lanka supplies only around 0.4% of supply to the world flower market, this sector is one identified in the five year action ...
- Government mulling dedicated Agro Export Zones with PPPs (Category: Business)
- Electronic system for Tea Auctions (Category: Breaking News)
- Sri Lanka asks exporters to push product quality (Category: Business)
- Flower Power (Category: Business)
This is the second edition of the ‘Company Called Sri Lanka’ article range in store and finds it is the most appropriate time to express the marketing strategy for tourism in the backdrop of the Sri Lanka Economic Forum, where they will be arguing about positioning Sri Lanka in the world market. Sri Lanka as ...
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
- The Treasure Hunt (Category: Business)
- Etisalat’s ‘Really Really Fast Internet Campaign’ wins a Silver Effie (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
The hotel boasts the highest number of participants to qualify for the finals Three talented youngsters from the Cinnamon Lakeside Colombo team will go through to represent the hotel at the Colombo Region Marie Brizard and Skyy vodka cocktail competition. With all three of its entrants being selected, the hotel boasts the highest number of ...
- Atlanta Dream Heading To WNBA Finals (Category: USA, Georgia)
- South hosts sate semis (Category: Australia, Tasmania )
- Cinnamon Lakeside grabs highest number of awards at cocktail competition finals (Category: Business)
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