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

Fresh push to woo Chinese tourists and tap greater share of two-way traffic, including to Maldives Upgrade brings total flights to four cities in China including Hong Kong to 21 per week By Nisthar Cassim in Beijing, China In a fresh push to woo more Chinese tourists as well as cater to growing two-way traffic, ...

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

Indian arrivals drop 4.6% despite still being the largest component; overall numbers double from April Sri Lanka’s tourist arrivals grew 17.5 per cent in May to 57, 506 from a year earlier, latest data released by the Tourism Development Authority showed yesterday. The latest arrival rates were nearly twice that of April, which only recorded ...

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

Club Hotel Dolphin, Waikkal, managed by Serendib Leisure Management Ltd., was granted the Halal-friendly ‘3 Crescent’ rating recently for Halal friendliness by the Singaporean based company Crescentrating, the global leader in facilitating Halal friendly travel.   Crescent Rating is a rating system established to provide confidence and a peace of mind to the Muslim travellers ...

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

Minister of Justice and SLMC Leader Rauff Hakeem met the President of the Kuwait Chamber of Commerce and Industry Ali M. Thunaian Al-Ghanim at the Kuwait Chamber headquarters recently during his visit. Hakeem briefed Al-Ghanim on the advantageous of investing in Sri Lanka in the post conflict situation and urged the Kuwait business leaders to ...

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

After decades of war, Sri Lanka is having a tourism revival. The new highway, which links Galle to the capital city of Colombo, marks a turning point in Sri Lanka’s tourism industry, states The Wall Street Journal in a report published on 30 May. “With its white-sand beaches and archaeological sites, the country is perennially ...

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One of the most powerful personalities in the World’s Sporting Arena is expected to visit Sri Lanka next week. Member of Kuwaiti Royal Family Sheikh Ahmad Al-Sabah will arrive in Sri Lanka in his private Jet on 13 June 2012 and will call on the President of Sri Lanka to deliberate matters of mutual interest. ...

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

Whilst acknowledging progress, business tycoon Harry Jayawardena has renewed his call for a more enabling environment to boost private sector investments to a desired level, warning that rest of Asia was fast reaping benefits of such strategy. “The region offers many examples of how enabling environments have thrust their private sectors to the forefront of ...

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Given one month extension pending reconstitution Adding to the confusion and controversies, the Board of Directors of the BOI is in limbo with subject Ministry Secretary Dr. P.B. Jayasundera giving it a month’s extension. The move follows the tenure of the members of the Board ending recently and until the latest extension indicated this week, ...

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

“Sri Lanka – China Business linkages will be further strengthened in the years to come” said the newly appointed Commercial Counselor Wang Yingqi for China at the interactive session organised by the Sri Lanka – China Business council of the Ceylon Chamber of Commerce recently. The interactive session focused on export opportunities and challenges in ...

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

A doubting Thomas sent an email about last week’s piece; “A minister and IGP stuck in traffic!!!” he exclaimed. “In Sri Lanka?” another heaped sarcasm. Ok, I made that bit up! IGP called this morning; said that he would fix it. I made that up too. Here’s a cracker! The first ‘Ball Guard’ was used ...

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

Sri Lanka actively seeks trade and investment partners from its second largest international trade partner, People’s Republic of China. And the Asia Pacific Trade Agreement (APTA) has given Sri Lanka a framework to expand bilateral trade. “There are many opportunities and areas that we can exploit for mutual benefit. As our international investment profile improves, ...

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Bhashwara Senank     a Gunarathna yesterday assumed duties as the Chairman of the Sri Lanka Tourism Promotion Bureau. New Chairman of Tourism Promotion Bureau (SLTPB) Bhashwara Senanka Gunarathna (right) being congratulated after assuming duties by his predecessor Dr. Nalaka Godahewa who remains Chairman of Tourism Development Authority.  SLTPB Managing Director Rumy Jauff...

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Following are excerpts of an interview with SLAITO Executive Committee Member and Walkers Tours Limited Chief Executive Officer Michael Elias: Q: Is Sri Lanka becoming too expensive? Why must Sri Lanka be competitive in order to attract tourists? Surely we offer the visitor a unique mix that is not repeated anywhere else in the world! ...

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A document named ‘Growing Together’ prepared by UNESCAP for the sixty sixth session of ESCAP states that the realisation of what is termed as the ‘Asia Pacific century’ will depend on the region’s ability to harness the potential of regional economic integration. A shared history and culture, complementarities arising from their very different levels of ...

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Colombo, (Xinhua-ANI): Sri Lanka has recently signed prisoner exchange agreements with four countries and will commence implementation by returning 22 Pakistani detainees to their country of origin, an official said here Tuesday. Rehabilitation and Prison Reforms Minister Chandrasiri Gajadeera told media that Sri Lanka had inked Memorandums of Understanding with Pakistan, India, the Maldives and ....

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

By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...

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SL: Cleanest country in South Asia As we celebrate World Environment Day today, it is important to acknowledge that the Sri Lankan economy has experienced accelerated growth from a 20 billion dollar economy in the 1990s to be a 59 billion rupee economy as at end 2011. However a point to note is that whilst ...

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Trip Advisor, the world’s largest travel site, has awarded the prestigious Certificate of Excellence 2012 to Eden Resort and Spa. This award honours hospitality excellence and is given only to establishments that consistently achieve outstanding traveller reviews on their website. By winning this accolade, Eden Resort and Spa has entered into the prestigious category in ...

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

Fonterra Brands Sri Lanka demonstrated its commitment to the local foodservice industry earlier this month by announcing its sponsorship of the Sri Lankan 2012 World Culinary Olympics team. More than 300 chefs participated at the event held at Chaaya Tranz, Hikkaduwa. Fonterra’s support will help send six of Sri Lanka’s top chefs to compete against ...

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 Sino-Lanka bilateral trade cooperation in a new historic high China grants permanent and free of charge display centre for Lankan gem and jewels on Rishad’s request Strong investment delegation from Yunnan arriving in Sri Lankan shores soon China-Sri Lanka bilateral cooperation advanced to a new level on 4 June as Yunnan, the third leading international ...

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By Cheranka Mendis Supporting the rapid growth of tourism in the country, four professional institutions have come forward to link up with Sri Lanka Tourism and conduct voluntary projects aimed at creating awareness about the tourism product among people. Uniting towards the nationalistic cause is the Colombo MBA Alumni Association, Sri Lanka Institute of Marketing ...

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President Mahinda Rajapaksa and a top team of officials last week held a forum for Thailand business community at the Grand Hyatt in Bangkok. Apart from President Rajapaksa, others who spoke were Central Bank Governor Nivard Cabraal, BOI Acting Chairman M.M.C. Ferdinando, and Tourism Development Authority Chairman Dr. Nalaka Godahewa. A Sri Lankan business delegation ...

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The pioneers of tented camp safaris, Eco Team has once again set a precedent in Sri Lanka’s tourism sector with its innovative new concept of ‘mobile hotels’. In a record-breaking move, Big Game Camps & Lodges – a venture of Eco Team (Pvt) Ltd. – set up ‘camp’ for a total of 270 tourists on ...

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

The focus in the bilateral discussions, which took place on Wednesday between External Affairs Minister Professor G.L. Peiris and Mr. K. Shanmugam, Minister of Foreign Affairs of Singapore at the Ministry of External Affairs in Colombo was on the expanded trade and economic relationship between the two countries. Minister Peiris recalled the State Visit to ...

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Finance Ministry 2011 Annual Report lists key factors Raps promotional agencies BOI, Sri Lanka Tourism, EDB Tea Board and others for bureaucracy and lack of coordination Private investment needs to be increased to 30% of GDP from 24% in 2011 Despite the end of the war three years ago, the full potential for higher investments ...

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Proving once again that their brand of traditional Sri Lankan hospitality is their greatest strength, Jetwing Hotels has been awarded eight new Certificates of Excellence from the world’s largest travel site, TripAdvisor. Having received four last year as well for Jetwing Beach, Jetwing Lighthouse, Jetwing Vil Uyana and Jetwing Warwick Gardens; Jetwing Sea, Jetwing Blue, ...

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A high powered delegation from the Singapore Business Federation (SBF) has been exploring investment opportunities in Hambantota. One of the key aims of their visit on 28 May was for delegates to establish mutually beneficial relationships with key Government officials, as well as with the local business community. The Hambantota District Chamber of Commerce (HDCC) ...

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

Maalu Maalu Resort and Spa which opened in May 2011 has successfully completed one year in operation. “We are delighted with the success of Maalu Maalu’s operation in the newly developed area of Passikudha. Being one of the first properties to open under the ‘Negenahira Nawodaya’ has given us the opportunity to showcase our beautiful ...

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The external trade of the country may look challenging, but foreign inflows appear robust as per latest data disclosed by the Central Bank yesterday. Workers’ remittances in March amounted to $ 550 million, up 9.2% year-on-year (yoy) whilst for the first quarter it grew by 17.2% to $ 1.5 billion. Earnings from tourism in March ...

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

By Shanuka Tissera The private sector of Sri Lanka and Singapore yesterday in Colombo spearheaded a fresh deal to boost bilateral business on the sidelines of a visit by the city-state’s Foreign Minister. The Singapore Business Federation (SBF), which has brought down a delegation, and the Sri Lanka Singapore Business Council (SLSBC) affiliated to the ...

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