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Reuters: British tourism chiefs hope the Olympics and a global advertising campaign will entice more overseas visitors by 2015 and more than compensate for any short-term losses as the country tries to dig out from a double-dip recession. Tourism Minister John Penrose said the 2012 Olympics had given Britain the chance to re-establish itself as ...
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 ...
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 ...
LONDON (Reuters): So how does it feel flying halfway round the world from the Maldives and losing your Badminton debut at the Olympics in straight sets? The reaction from Mohamed Ajfan Rasheed was remarkably upbeat, especially as he had fulfilled a boyhood dream only hours earlier by carrying the flag for his tiny Indian Ocean ...
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 ...
The Central Bank said that inflows continued to improve in May, with better prospects in July as well. It said with respect to inflows to the services account of the balance of payments, earnings from tourism in May 2012 grew at a healthy rate of 20.6%, year-on-year, to $ 57 million, while during the first ...
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 ...
According to the Thai Ministry of Tourism and Sports, Thailand recorded a 31% y-o-y increase in tourism receipts in 2011. The total earnings of 776 billion Baht (US$25.45 billion) were also well above the original target of 716 billion Baht (US$ 23 billion). The growth in total number of visitors is being matched by increased ...
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 ...
The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...
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 ...
Delayed project for Rs. 20 b five-star hotel cum residencies kicks off, 20-year management deal to be finalised with Hyatt, global financiers included; set to be largest hotel and tallest building in town By Uditha Jayasinghe The long-awaited Rs. 20 billion Hyatt management venture recommenced yesterday in what aims to be the Colombo’s biggest hotel ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...