A gold souk like the one in Dubai will be opened in Sri Lanka soon at former St John's fish market with an investment of Rs 400 million for the first time. UDA chairman Nimal Perera said that it is inline with the government's effort in exploiting the natural advantages of the historic Colombo city blended with different cultures and ...
A team of Malaysian businessmen and investors will arrive in Sri Lanka next month to explore bilateral trade and investment opportunities. The Malaysian High Commissioner in Sri Lanka Azmi Zainuddin said that Malaysia will lead a special marketing mission to Sri Lanka from May 27 - 30,2012 to determine bilateral trade and investment opportunities in Sri Lanka. Presenting a seminar ...
Sri Lanka Deputy Minister of Ports and Highways Nirmala Kothalawala says the second phase of the construction of the Colombo Outer Circular Highway will begin on February 18.The construction of the 28-km expressway will be carried out in three phases and the work on the first phase of construction from Kottawa to Kaduwela has already commenced.The outer circular highway will ...
Sri Lanka Tourism Promotion Bureau says that 20 luxury cruise liners will call at Sri Lanka's ports this year bringing thousands of tourists to the country. Arcadia cruise ship of UK's Carnival PLC was the first of the lineup that reached Colombo Port last week with 2100 tourists from Britain, Australia, New Zealand and Brazil. According to the Sri Lanka ...
Sri Lanka Tourism Promotion Bureau, along with the officials of Sri Lanka Port Authority, welcomed the vessel ‘Arcadia’ on last Thursday a brief ceremony held in the Colombo harbour. This luxury carrier, owned by the UK based company Carnival PLC, had more than 2,100 tourists on board, with British, Australian, New Zealand and Brazil nationals.The local excursion tour operator Gemini ...
The rapidly developing Northern Province following the defeat of terrorism has become a springboard for local and foreign investors seeking investment opportunities in Sri Lanka. Construction of a 70-room, 15 storied star class hotel in the heart of Jaffna will be launched tomorrow. Mercantile Merchant Bank Ltd, and the Jetwing Group through an equally-owned joint venture will invest Rs. 700 ...
Sri Lanka has been named among the top five destinations in Kuoni’s annual poll of where UK customers want to spend their holidays. Sri Lanka also retained the number one destination for weddings, according to the report.The top five holiday destinations for 2012 are the Maldives, Thailand, Sri Lanka, The United Arab Emirates and the USA.The 20-page report also tracks ...
A micro bus service to service the six popular routes identified as the six main corridors to Colombo is to be launched next month.This initiative has been taken by the transport firm Micro owned by veteran automobile engineer, Dr. Lawrence Perera and the Company has already imported eight low-floor air-conditioned buses to be deployed on the routes of Moratuwa-Pettah, Kesbewa-Pettah, ...
Qatari investors have expressed their willingness to build an expressway from Katunayake to Kalpitiya. This is an extension of the Colombo Katunayake highway which would be opened this year. Investors from Qatar are looking at building this 140 km highway on a build operate and transfer basis. Minister of Economic Development, Basil Rajapaksa said the main reason behind the building ...
A Royal visit took place in Sri Lanka recently with the arrival of Prince Michael of Kent. Prince Michael was accompanied by Princess Michael during the tour in Sri Lanka. They were here on a private visit which paved the way for them visit a few tourist attractions in Sri Lanka. Among the places they visited in Sri Lanka was ...
Sri Lanka says, after the end of the conflict in the year 2009, 11 international airlines have started operations to the country.Accordingly, the Airlines, which have started or recommenced flight services to Sri Lanka are Gulf Air, Oman Air, Flydubai, China Eastern, Aerosvit Airlines, Finnair, Hainan Airlines, Nova Airways, Pakistan International Airlines, SpiceJet and Aeroflot.The entry of these Airlines to ...
With incresing tourist arrivals which is expected to go past one million mark for the year 2012, Sri Lanka is set for a grand take offof its domestic air travel. Alraedy three companies are opearting domestic services with another new player already entering the market. The demand for domestic air services and the comtetitionthat would create in the sector should ...
The total revenue earned from Rs. 229.5 Million from foreign visitors, Rs.67.7 Million Local Visitors other revenue Rs.14.2 million. Average income per month is rs.28 Mn. where as set target is Rs. 30Mn per month and it is an achievement of 93% as against the target. As well as, it is 88.5% increase of revenue compared to the previous year. ...
A Global travel magazine Conde’ Nast Traveler has named Sri Lanka as one of the destinations to travel in 2012.It says, since the end of the conflict in Sri Lanka, all parts of the country is now accessible for visitors.Following is the review published by Conde’Nast on Sri Lanka.Until recently, the north and east parts of Sri Lanka were ...
