The Daraz Group recently convened its strategic management meetings in Colombo Sri Lanka. The leadership teams and senior management from the Daraz’s offices in Pakistan, Bangladesh, Nepal, Singapore and Dubai met in Colombo for this forum where the Group strategy and direction for the new financial year was discussed and finalised. Commenting on the opportunity, […]

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 ...

The Pacific Asia Travel Association (PATA) has announced that PATA Travel Mart 2013 (PTM2013) and PATA Board Meeting will be hosted by the City of Chengdu, Sichuan Province, China in September 2013, at its PATA’s Executive Board Meeting on July 28, at the Hotel ICON, in Kowloon, Hong Kong. Martin J Craigs, PATA CEO, revealed ...

At the Pacific Asia Travel Association (PATA) Annual Conference in Kuala Lumpur last week, PATA CEO Martin J. Craigs committed the association to a four-year phase of ‘Next Generation’ action to underpin the 61-year old travel body’s relevance in the digital age. The CEO said aligned advocacy, mobile technology, business building events, and crisis management ...

IFC, a member of the World Bank Group, has hosted a trade finance training program for Sri Lankan bankers, part of an effort to help local entrepreneurs tap into the global marketplace. The training, held in March, explored the potential of trade finance, which helps businesses connect

Today is 19 March 2012. The day and the month of March are significant in the lives of many people – some celebrating birthdays, some wedding anniversaries, while others nurse what is yet left over from the hangover of the three day drawn encounter that we experienced a week ago or the limited over Royal ...

Following are excerpts of an interview with Sri Lanka Association of Inbound Tour Operators (SLAITO) Secretary T.M.F. Packeer, who is also Managing Director and CEO of Asian Exotica Ltd. Q: Sri Lanka Tourism has a very clear future standing as articulated by the President, of 2.5 million visitors by 2016. Is this expectation realistic? A: ...

International tourist arrivals are forecast to reach 1.8 billion by 2030 according to the newly released UNWTO long-term forecast, Tourism Towards 2030. The report, presented on the occasion of the 19th session of the UNWTO General Assembly, confirms that international tourism will continue to grow in a sustained manner in the next two decades (8-14 ...

Indian Trade Fair 2010 is scheduled to be held in Sri Lanka in August. The Indian Trade Fair will showcase over 160 exhibitors from all parts of India. Sectors will include agriculture, fisheries, plantations, manufacturing, engineering and construction, power and energy, tourism, healthcare. ICT, banking and finance and education services are among the other fields. ...