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Sri Lanka will be holding two fresh bilateral trade sessions today in Hyderabad – one with India and the other with the United Arab Emirates. The talks will be held at Andra Pradesh Hyderabad International Convention Centre in Hyderabad. Minister of Industry and Commerce Bathiudeen is currently in Hyderabad as a member of the Sri ...
World famous and leading carrier Singapore Airlines (SIA) yesterday emphasised its optimism over prospects in Sri Lanka and renewed its longstanding commitment to promote the destination in addition to continuing with superior service. The reiteration of positivism was when SIA announced its new General Manager for Sri Lanka Aldrin Arumugam succeeding Melvin Ng, who will ...
Another Royal visit took place in Sri Lanka recently with the arrival of Prince and Princess Michael of Kent. They were here on a private visit which paved the way for them visit a few tourist attractions in Sri Lanka. Prince Michael was accompanied by Princess Michael during the tour in Sri Lanka. Among the ...
Ends 2011 with record 855,975 arrivalsBy Cheranka Mendis The high-flying tourism industry closed the year with a record 855,975 arrivals, marking a rise of 100,000 from the original target for the year. Statistics revealed by the Sri Lanka Tourism Development Authority (SLTDA) yesterday noted that the figure reflects a 30.8% increase from the previous year. ...
By Sarath de Alwis Tracing my roots to traditional marketing times in aviation and tourism, I am awed by the enormous potential of modern technologies that bring new frontiers to our doorstep; drop new vistas virtually on our laptops. Then I am appalled to see what unfolds. Global opportunities are whisked away from our grasp ...
The Top 100 Nation Brands have been ranked by Brand Finance plc with the USA, Germany and China topping the report Eurozone crisis affects the Nation Brand vales of Greece, Ireland and Japan who are ranked as the Top 3 biggest Losers Further chaos in Europe has seen the brand values of Spain, Austria, Italy ...
A survey conducted last week on the health of the Sri Lankan economy revealed that almost 64% said that the Government had done its task but only 43% had said that there had been growth in the economy. Whilst some can say that this data is strange, a similar set of information was shared at ...
Citrus Hikkaduwa, the maiden venture of the Dilith Jayaweera, Varuni Amunugama Fernando and Sarwa Ameresekere trio, opened for guests last week, heralding a new experience in the popular southern coast. Originally the 50-room Amaya Reef, following the takeover and rebranding Citrus Hikkaduwa is now a 97-room modern and up-market resort. The first guests were a ...
Attacked woman reportedly denies rape; blames on being in wrong place at wrong time; Family to be flown in at Sri Lanka Tourism expense for care By Cheranka Mendis The Government yesterday reiterated those responsible for the killing of British tourist and causing injury to his Russian partner will be severely dealt with as per ...
Coonoor, Dec. 29: The Tea Board fears that India’s exports in calendar 2011 would not reach last year’s level of 193 million kg (mkg). Till October, the latest period for which data is available, exports totalled 149.97 mkg against 163.17 mkg in 2010. This fall of 13.20 mkg marked a decline of 8.09 per cent. ...
NEW DELHI: Pakistan has emerged as a leading market for Indian tea, particularly the CTC variety of black tea, with India exporting around 20 million tonnes of the beverage to the neighbouring country in 2011. The inroads made by Indian tea into Pakistan this year have been helped by a decline in tea production in ...
Reuters: Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if foreign sanctions were imposed on its crude exports over its nuclear ambitions, a move that could trigger military conflict with economies dependent on Gulf oil. Western tensions with Iran have increased since a November 8 report by the ...
Special communiqué listing actions taken issued to travel and hotel trade as a confidence building measure Working closely with the defence authorities to ensure greater protection for tourists in possible vulnerable areas Both tourism and law enforcement authorities have thus far successfully handled the unfortunate gruesome attack on a tourist couple in Tangalle over the ...
The recommendations of Lessons Learnt and Reconciliation Commission (LLRC) will make a great contribution to the acceleration of national reconciliation process as well as to the strengthening of peace on the island, Russia said. “We highly appreciate efforts of the Sri Lankan Government in solving the post-conflict problems on the basis of state integrity, multinational ...
MUMBAI (Reuters): Tea prices in India, the world’s second biggest producer of tea, dropped at last week’s auction due to poorer quality of leaf on offer, dealers and industry officials said on Monday. Price of CTC (crush-tear-curl) tea stood at 120.23 rupees per kg, down 3.51 per cent from 124.60 rupees at the previous weekly ...
By Cheranka Mendis The local tea industry must be prepared to make maximum benefit of Sri Lanka’s biggest market for tea, Russia, entering the World Trade Organisation, Plantation Minister Mahinda Samarasinghe said. Speaking at the award presentation of ‘Ceylon Speciality Estate Tea of the Year’ 2011 Russia held at the Galle Face Hotel, Samarasinghe stated ...
Flexiprint – Sri Lanka’s premier printing company – exclusively catering to the printing needs in the tea bag industry for tea bag tags and envelopes and tag pyramid mesh, won a prestigious award in the printing sector at the recently concluded National Business Excellence Awards held at Hilton Colombo. The NBEA is organised annually by ...
We are still stuck in the winter of our discontent! By Jude Fernando Groundviews.org: “Nearly all children nowadays were horrible. What was worst of all was that by means of such organisations as the Spies they were systematically turned into ungovernable little savages, and yet this produced in them no tendency whatever to rebel against ...
Order increases Boeing’s 787 customer base in Middle EastBoeing and Oman Air, the Sultanate of Oman’s flagship carrier recently announced an order for six Boeing 787-8s at the Dubai Airshow. The airline completed an arrangement with Boeing and Kuwait-based leasing company ALAFCO to transfer existing orders for the six Dreamliners from ALAFCO to Oman Air. ...
India’s Oil and Natural Gas Company (ONGC) has expressed interest in exploring for oil in the Mannar Basin off the Sri Lanka’s northwest coast. Petroleum Minister Susil Premajayantha has said ONGC officials are expected to visit the country shortly for discussions and assess the already available data. The Minister told ColomboPage the Indian officials were ...
Sri Lanka Minister of Petroleum Industries Susil Premajayantha says the Government is yet unaware of the extent and volume of the natural gas deposit found in the Mannar Basin. The Government announced a few months back that India’s Cairn Company had found two natural gas deposits in the Mannar Basin while exploring for oil. Minister ...
SAO PAULO (Reuters): Brazil is losing its competitive advantage as a sugar producer because of rising costs, creating opportunities for beet growers like Russia and reducing world sugar trade, a senior analyst said Sunday. Jonathan Kingsman, managing director of consultancy Kingsman SA, told Reuters that Brazil, the world’s number one sugar producer and exporter, now ...
Fitch Ratings says in a newly published special report that credit growth in emerging markets (EMs) is likely to slow in 2012 due to the weaker global economic outlook, policy moves by EM authorities to prevent overheating and base effects. Banking systems in most EMs which experienced rapid credit growth in 2010-H111 remain sound. However, ...
UNP MP and party’s chief spokesman for the economy Dr. Harsha de Silva this week reminded the Government of the fall of Sirimavo Bandaranaike’s regime after her unprecedented nationalisation failed to achieve desired benefits. “The original nationalisation effected in the early 1970s by the then Premier Sirimavo Bandaranaike didn’t bring about the expected economic benefits...
The Group of 20 heads of state met in France in early November launching an annual group meeting of the heads of State. The G20 is made up of Argentina, Australia, Brazil, Canada, China, the EU, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, UK and the US. ...
The World Travel Market 2011 Industry Report released on Monday has included Sri Lanka among a group of countries which are second best for tourism in terms of attraction and growth whilst BRICs have been rated the best. The grouping carries the acronym SLIMMA with WTM experts choosing SL of Sri Lanka for it. Others ...
SUN FM presents Arash live in concert at the Excel World Open Air Arena on 9 December, keeping its promise of uplifting the quality of entertainment in Sri Lanka, and once again proving its prowess, by bringing down not just yet another star, but his entire seven-man band and his stunning female vocalist, Rebecca – ...