Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (402)
Narrow by Category
- Business (402)
Could water related industries bring new waves of prosperity to Sri Lanka? International experts seem to think so. Visiting international marina consultant and developer, Simon J. Arrol, Managing Director of Arrol Ltd in Jersey has outlined exciting potential for Sri Lanka to Industry and Commerce Minister Rishad Bathiudeen. Arrol, believes marinas are the boat parks ...
- Sri Lanka’s hidden marine potential is huge (Category: Business)
- Sri Lanka launches into the world of marinas (Category: Business)
- Boat Ride (Category: Business)
- 20,000 buyers expected at South Asia’s largest boat show (Category: Business)
Doha: President Mahinda Rajapaksa vowed to turn his country, recovering from three-decade long terrorism, into an economic and commercial hub of the region. Addressing the 12th Doha Forum and Enriching the Middle East’s Economic Future Conference at the Doha Sheraton Hotel on Sunday (20) morning as an international Guest of Honour, President Rajapaksa said Sri ...
- Rishad arrives in Qatar for Doha Forum 2012 (Category: Business)
- President Mahinda Rajapaksa & Sheikh Hamad bin Khalifa al Thani, the Emir of Qatar (Category: Business)
- CA Sri Lanka members in Qatar meet President Rajapaksa (Category: Business)
- Moors Youth Society celebrates Avurudu (Category: Business)
Record profit fuelled by Rs. 2.3 b in capital gains; core businesses post recovery with 23% pre-tax profit growthHayleys Plc share price on Friday produced one of its highest day gains of Rs. 16 as investors toasted record earnings in FY2012 largely fuelled by Rs. 2.3 billion in capital gains but its core businesses too ...
- Hayleys has a hearty FY12 (Category: Business)
- Double-edged deal (Category: Business)
- Hayleys quadruples 9-month net profit to Rs. 3.6 b (Category: Business)
Achieves best-ever results in 134-year history Pre-tax profit at Rs. Rs 4.8 billion, post-tax figure Rs. 3.8 b Profit attributable to equity holders of the company up 269% to Rs. 2.5b Turnover up 15% to Rs 62.5 b A challenging operating environment notwithstanding, Hayleys Group has posted its best annual earnings in the history of ...
- Hayleys quadruples 9-month net profit to Rs. 3.6 b (Category: Business)
- Hayleys triples 1H pre-tax profit to Rs. 3.6 b (Category: Business)
- Hayleys ends 1Q with Rs. 17.3 b turnover; Rs. 861 m pre-tax profit (Category: Business)
External Affairs Minister G.L. Peiris, who is in the US, on Thursday met with Deputy United States Trade Representative Ambassador Demetrios Marantis and took part in an extensive discussion on trade and the economy. He also pressed Ambassador Marantis for early closure of a review
- Sri Lanka vows to boost economic cooperation with China: FM (Category: Breaking News)
- GL meets with White House National Security team (Category: Business)
- Palestine ‘can almost feel SL’s great potential’ – Palestinian Minister (Category: Business)
Boating industry thanks Industry Minister for strong support Sri Lanka enters prestigious International Boating Industry Magazine rankings Sri Lanka’s commercial boat sub-sector reporting stronger international orders from Asia, Africa and ME Introducing a much-sought-after measure of relief to Sri Lanka’s boating industry, the country will now introduce tax on boat imports that are la...
- Sri Lanka launches into the world of marinas (Category: Business)
- Sri Lanka’s hidden marine potential is huge (Category: Business)
- 20,000 buyers expected at South Asia’s largest boat show (Category: Business)
Saudi Arabia, the Arab world’s largest economy, wants a joint council to boost trade ties with Sri Lanka, the Ministry of Industry and Commerce announced this week. The Ministry quoted Dr. Mohammed H. Al-Kathiri, the Deputy Minister for Foreign Trade of Kingdom of Saudi Arabia as saying
- Arab Attraction (Category: Business)
- No ban from Saudi Arabia on recruitment from Sri Lanka (Category: Breaking News)
- Saudi Arabia wants joint council with Lanka (Category: Breaking News)
- 130 stranded housemaids return . (Category: Breaking News)
The Foreign Minister of Singapore will be visiting Sri Lanka from 26 May to 2 June 2012 accompanied by a high-powered delegation from the Singapore Business Federation (SBF). One of the key expectations of the delegation is to establish mutually-beneficial relationships with key Government officials as well as the Sri Lankan business community during ...
- Sri Lanka – Singapore signs MOU to strengthen business relationships (Category: Breaking News)
- Mutual lessons (Category: Business)
- Sri Lanka, Singapore to ink first-ever B2B MoU in Colombo today (Category: Business)
- Singapore business delegation to visit Sri Lanka (Category: Breaking News)
Tourism Australia’s ongoing strategic efforts to tap into the growing tourism opportunities provided by markets in Asia will be boosted following the Federal Budget announcement for a new, dedicated Asia Marketing Fund worth A$61 million over four years. Tourism Australia Chairman Geoff Dixon said the funding injection towards marketing ‘There’s nothing like Australia to Asian .....
- Tourism Australia targets corporate meeting, event planners with new campaign (Category: Business)
- Tourism focus under fire (Category: Australia, Tasmania )
- New Zealand hit new record in tourist arrivals (Category: Business)
- Solid growth in tourism for Dubai (Category: Business)
Tourism is Sri Lanka’s phoenix. After rising from the ashes of war, it has spread its fiery wings and taken off to bring hope to many and bolster the overall economy. Yet, despite positive statistics, there is fear that the light could dim if policies do not become more aggressive
- Travel Trend (Category: Business)
- Travel Trend (Category: Business)
- Highest number of tourist arrivals in Dec. 2011 (Category: Breaking News)
- Boost in the Tourism sector will help offset other revenue losses (Category: Breaking News)
WASHINGTON: External Affairs Minister Prof. G.L. Peiris opened a four-day, official visit to Washington, DC Tuesday with a series of meetings with key US Senate leaders and a talk on Sri Lanka’s post-conflict redevelopment and reconciliation programs, emphasising that lasting peace, stability and growth in Sri Lanka will be achieved through home-grown solutions, not those ...
- GL, Hilary meeting on 18 May (Category: Business)
- GL says HRC resolution will not hinder " on going reconciliation programs" (Category: Breaking News)
- SL attends UNHRC sessions with impressive post-conflict records: Former AG (Category: Business)
- Govt. to include progress in implementing LLRC recommendations in UPR report (Category: Business)
Tourism has emerged as an extremely important sector in the economy from a number of perspectives in post-conflict Sri Lanka. It is important as a potential source of growth, employment and foreign exchange. The sector has seen impressive recovery since the end of the conflict. Arrivals
- Sri Lankan`s Tourism sector invests $ 10 b (Category: Breaking News)
- Lanka gears for tourism boom (Category: Breaking News)
- Sri Lanka tourism authority introduces a fully automated licensing system (Category: Breaking News)
- Developing tourism in Sri Lanka and challenges (Daily News) (Category: Breaking News)
A new travel industry book will make it easier for businesses to understand China’s consumers, particularly their travel preferences and the latest social, economic and digital trends in a highly complex, fast-moving market. The ‘Essential China Travel Trends Guide – 2012 Year of the Dragon Edition,’ includes articles on outbound tourism, luxury travel, tour operation, ...
- PATA analyses Asia Pacific’s MICE Sector (Category: Business)
- Chengdu to host PATA Travel Mart 2013 (Category: Business)
- PATA defines new events and advocacy agenda (Category: Business)
- PATA commits to ‘Next Gen’ action at Annual Conference (Category: Business)
According to the UNWTO international tourism continued to show sustained growth, in spite of challenging economic conditions, during the first two months of 2012. According to the May issue of the UNWTO World Tourism Barometer, released in Batumi, Georgia on the occasion of the 54th UNWTO Commission for Europe, international tourist arrivals grew by an ...
- 415 m tourists expected worldwide during May-August peak season (Category: Business)
- International tourists to hit 1.8 billion by 2030: UNWTO (Category: Business)
- Global tourist arrivals up 4% in 2011; expected to reach 1 b mark in 2012 (Category: Business)
- European tourism grows above expectations (Category: Business)
Admits growth may be slower but insists that all assistance will be given for investment Despite a growth downgrade in 2012, Central Bank Governor Ajith Nivard Cabraal insists that the Government is focused on encouraging private sector investment and will provide maximum assistance. Cabraal made these points as the Guest Speaker at the American Chamber ...
- Credit growth to slow to 27% by December – Cabraal (Category: Business)
- Banking delegation in Qatar to attract investments (Category: Business)
- CB may take act on high credit growth (Category: Business)
Still recovering from decades of civil war, Sri Lanka has attracted some private equity interest but firms have found it hard to rally LP support for the country PE Asia: Sri Lanka’s golden sandy beaches lie not 50 kilometres from India’s closest point, but the distance between the two countries’ private equity markets is ...
- Sri Lanka Equity Forum celebrates two years of success (Category: Business)
- Private Equity (Category: Business)
- Shares Sales (Category: Business)
- Asia Leisure forms partnership with Teoria Investment Japan for new hotel projects (Category: Business)
CB gives appraisal on economy, admits 2012 start under pressure but insists new policies have smoothed road ahead By Uditha Jayasinghe Regardless of emerging pressures, the Central Bank is confident that Sri Lanka will be able to weather economic storms in 2012, a top official said yesterday
- July tourist arrivals up 7.8% (Category: Business)
- Borrowed surplus looming, warns Harsha (Category: Business)
- JKH forges with solid growth (Category: Business)
- Stellar 3Q for JKH (Category: Business)
Doha: Qatar’s strong economic performance driven by high energy prices and the government’s investments as well as preparation for Fifa 2022 are driving real estate demand in the country, a report said. DTZ, one of the top global real estate services firms, predicts a positive outlook as a result of demand for all types of real ...
- People’s Leasing 1Q revenues up by 27% to Rs. 4.36 b (Category: Business)
- CB says policy changes working (Category: Business)
- Global economic outlook slowly improving but remains fragile (Category: Business)
- Growth gloom (Category: Business)
Etihad Airways has again cleaned up at the prestigious World Travel Awards Middle East. The carrier was named the ‘Middle East’s Leading Airline’ for the sixth year in a row at a glittering black tie gala in Dubai last week. From left: Etihad Airways’ Michael Venus, Vice President Corporate Affairs, Aubrey Tiedt, Vice President Guest ...
- Etihad Airways named ‘World’s Leading Airline’ again at World Travel Awards (Category: Business)
- Etihad wins ‘Fastest Growing Airline in Middle East’ honours (Category: Business)
- Etihad Airways signs codeshare with Hainan Airlines (Category: Business)
- Etihad Airways flies high with profitability (Category: Business)
The Secretary General of UNWTO Dr. Taleb Refai, distinguished invitees, presenters, officials, representatives of the media, ladies and gentlemen, it is indeed a privilege for me and for my country Sri Lanka to be invited for this high level UNWTO conference to present our perspective of green tourism. UNWTO Secretary General Dr. Taleb Refai ...
- Marketing an emerging tourism destination in Asia (Category: Business)
- Sri Lanka to celebrate World Tourism Day tomorrow (Category: Business)
- Juggling tourism (Category: Business)
- How tourism yield can be suitably incorporated into the sustainability paradigm (Category: Business)
The Governments of Sri Lanka and Australia in the interest of both countries have pledged to cooperate on curtailing illegal migration and human trafficking. The two countries have agreed to keep a vigil on the people smuggling activities during bilateral discussions held Thursday between the Australian Minister of Immigration and Citizenship Chris Bowen, who was ...
- Australia says returned Lankans are safe (Category: Breaking News)
- Australia Minister says returned Lankans are safe (Category: Breaking News)
- "Asylum seekers who have returned to Sri Lanka are safe" - Australian Immigration Minister (Category: Breaking News)
- CORDIAL DISCUSSIONS BETWEEN THE SRI LANKAN AND AUSTRALIAN LEADERS (Category: Breaking News)
The International Air Transport Association (IATA) last week announced global traffic results for March showing that total passenger demand rose 7.6% and freight demand climbed 0.3% compared to the same month last year. Comparisons with March last year are affected by events that depressed passenger demand in 2011, including the Arab Spring, which disrupted travel ...
- 2011 ends on positive note for global aviation (Category: Business)
- Global aviation’s growth slows again in July: IATA (Category: Business)
- Global aviation demand growth slows, says IATA (Category: Business)
Reuters: Nepal’s prime minister worked on Friday to form a coalition government that will include the main opposition parties after his cabinet quit as part of a negotiated effort to quell political tumult in the desperately poor Himalayan state. Nepal, wedged between its giant neighbours China and India, has been plagued by instability for years ...
- Delegation from Nepal arrive to promote ‘Visit Lumbini 2012’ (Category: Business)
- Fonseka Group refused Asylum in Nepal (Category: Breaking News)
- Report: Nepal Rejected Refugee Status To SF Supporters (Category: Breaking News)
- April 8: The best case scenario in Sri Lanka (Category: Breaking News)
By Cheranka Mendis Come winter this year, Sri Lanka will be ready to welcome 4000 up-market tourists from Austria, Germany and Switzerland with the first ever regular cruise liner sailing in to the Colombo Port. The cruise liner, FTI Berlin will make its maiden voyage to this part of the world in December starting off ...
- FTI group to operate a cruise line to Colombo port (Category: Breaking News)
- Cruise Calls (Category: Business)
- CAB on cruise (Category: Business)
- Sri Lanka welcomes luxury cruise Queen Elizabeth with 2000 tourists (Category: Business)
The Ceylon Chamber of Commerce, the legendary trade promotion organisation in Sri Lanka with a history of 173 years entered into a Memorandum of Understanding with the Foreign Trade Chambers Federation Rio de Janeiro – Brazil recently. “Private investors in Brazil will see this as a unique opportunity to work with Sri Lankan business conglomerates” ...
- Iran, SL ask for new world order (Category: Breaking News)
- Azkals take first step to World Cup dream in Sri Lanka (Category: Breaking News)
- Sri Lankan President meets world leaders at Rio+20 (Category: Breaking News)
- President to deliver speech at Rio+20 summit (Category: Breaking News)
The highest oversubscription ever seen for a Sri Lankan international bond in April and KPMG’s latest positive Change Readiness Index ranking for Sri Lanka show the growing international investor confidence in the country, which prefers patient investments to hot money. “Sri Lanka has entered a new era of development thanks to the visionary leadership of ...
- Rishad to promote Lanka at Dubai AIM power forum (Category: Business)
- Indian interest - Sri Lanka readying for dedicated trade talks in March (Category: Business)
- UAE-Sri Lanka trade tops $ 1 b mark in 2011 (Category: Business)
- Robust exports to get boost via Expo 2012 (Category: Business)
Sri Lanka spent Rs. 56 b on above-the-line advertising in 2011 Taking wing to India for meetings is a usual routine for any business leader attached to a multinational in Sri Lanka as most such organisations have their regional offices in India. During a recent visit to India, the hype surrounding IPL – 5th edition ...
- The brand IPL is about highlighting performance (Category: Business)
- A brilliant marketer? (Category: Business)
- Storms brewing in teacups (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
The National Development Bank’s (NDB) corporate mission ‘to be dominant in the financial services sector, creating superior long-term shareholder value and contributing to economic development in Sri Lanka’ remains true to its roots even today, as it stays committed to fulfil its mission towards the nation, while creating long lasting relationships with its stakeholders. The ...
- DEG provides $ 21 m loan to NDB Bank to strengthen SME sector (Category: Business)
- World Finance names NDB the ‘Best Commercial Bank in Sri Lanka’ (Category: Business)
- NDB’s bottom line tops Rs. 1 b in 1H (Category: Business)
- NDB continues to empower entrepreneurs (Category: Business)
Finance Ministry Secretary Dr. P.B. Jayasundera yesterday insisted that the recent fall in the value of the rupee was unwarranted and blamed it on speculators as recent corrective policy actions had strengthened fundamentals for greater stability in the exchange rate. “The recent spike is due to speculation more than on fundamentals. I reiterate that the ...
- Believe us today like when the going was good: Dr. PB (Category: Business)
- IMF’s take on Sri Lanka’s good, bad and the ugly (Category: Business)
- Rupee soars after Dr. PB’s remarks (Category: Business)
- Borrowed surplus looming, warns Harsha (Category: Business)
President Mahinda Rajapaksa this week invited Korean business community to invest in Sri Lanka and to be a partner in the prosperous march of our nation. “I can confidently assure you that you will truly be happy that you took such a decision,” the President said, addressing the Sri Lanka-Korea Business Forum hosted by the ...
- “Sri Lanka is a robust new investment destination” (Category: Business)
- President returns after a successful tour of Korea achieving many economic benefits (Category: Breaking News)
- Korean President commends Lanka’s economic growth, political stability (Category: Business)
- Korea signs deal for $ 200 m support for Sri Lanka (Category: Business)
Popular Topics
- International Monetary Fund (251)
- Political crisis (142)
- Foreign exchange reserves (209)
- Shortage (13)
- Bank reserves (151)
- Anonymous (1)
- Fuel (37)
- Economy of Sri Lanka (402)
- Russia (29)
- Sri Lanka Tea (289)
- Tourism (402)
- Sri Lanka Quality Tea (295)
- Sri Lanka Tourism (402)
- Sri Lanka Cricket (285)
- Sri Lanka Hotels (304)
- Sri Lanka Elections (287)
- Hiru Tv (19)
- ITN News (38)
- Shakthi Tv (19)
- Derana Dream Star (27)
- EPF (6)
- BBC (2)
- Rob Ford (4)