Tourism authorities consider revising 2005 targets as tourist arrivals dry up

Tourist flows to the tsunami struck Paradise Isle are drying up and the tourism authorities are considering revising 2005 targets.Tourist flows to the tsunami struck Paradise Isle are drying up and the tourism authorities are considering revising 2005 targets. January is normally part of the winter tourism peak but January 2005 saw only 38,000 visitors […]

Digital Ads

Digital technologies are both an opportunity and a threat for the industry according to experts who spoke at the 2nd LBR/LBO advertising and marketing forum.Digital technologies are both an opportunity and a threat for the industry according to experts who spoke at the 2nd LBR/LBO advertising and marketing forum. Some digital media like the Internet […]

Eye Opener

A group of experts say tsunami has presented a window of opportunity to develop an all hazard warning system for the country.A group of experts say tsunami has presented a window of opportunity to develop an all hazard warning system for the country. Every year people die due to a range of natural hazards from […]

Power Troubles

The AES Kelanitissa plant is back after a few days off the grid, after the government stepped in to defuse a crisis that was brewing with the Ceylon Electricity Board.The AES Kelanitissa plant is back after a few days off the grid, after the government stepped in to defuse a crisis that was brewing with […]

Job Hunting

The International Labour Organisation says up to 20 percent of people who lost their livelihood after the tsunami, will switch to different jobs.The International Labour Organisation says up to 20 percent of people who lost their livelihood after the tsunami, will switch to different jobs. “This could mean that thousands abandon their traditional way of […]

Digitally Challenged

Sri Lanka’s urban-rural divide will dictate how companies target consumers in a future, increasingly digital world, local brand builders say.Sri Lanka’s urban-rural divide will dictate how companies target consumers in a future, increasingly digital world, local brand builders say. “Sri Lanka will have to form two distinct advertising strategies to reach local consumers,” said Dilhan […]

Nearly Done

Around sixty percent of a 1.8 billion-dollar tsunami reconstruction plan will target Tamil Tiger-controlled areas of Sri Lanka, with fisheries and small businesses the main focus, a top official said. Around sixty percent of a 1.8 billion-dollar tsunami reconstruction plan will target Tamil Tiger-controlled areas of Sri Lanka, with fisheries and small businesses the main […]

Double Celebrations

Lanka IOC Ltd., a Sri Lankan fuel retailer, Thursday said its net profit for the nine months to December more than doubled after the company opened more filling stations on the island during that period.Lanka IOC Ltd., a Sri Lankan fuel retailer, Thursday said its net profit for the nine months to December more than […]

Number Please

Sri Lanka must provide international and regional disaster warning centres with a 24-hour, 365-day means of contact, say local experts. Sri Lanka must provide international and regional disaster warning centres with a 24-hour, 365-day means of contact, say local experts. "The government needs to designate specific contact points for these institutions to reach us in […]

In the Dark

Power politics is pushing the Ceylon Electric Board (CEB) into a financial crisis with debts mounting and no increase in revenues. Power politics is pushing the Ceylon Electric Board (CEB) into a financial crisis with debts mounting and no increase in revenues. Government dithering on reforms has put the CEB’s debt restructuring in limbo and […]

Makeover

Sri Lanka Telecom says it has appointed MTI Consulting to ‘dress up’ its brand, following an intense global round of competitive bidding.Sri Lanka Telecom says it has appointed MTI Consulting to ‘dress up’ its brand, following an intense global round of competitive bidding. MTI’s task is to take this ‘Legacy Brands’ up to the next […]

Local Mint

State run National Savings Bank stepped into the lucrative US$ 1.5 bn foreign worker remittances market by offering savings and fixed deposit products. State run National Savings Bank stepped into the lucrative US$ 1.5 bn foreign worker remittances market by offering savings and fixed deposit products. So far, the savings giant has been picking up […]

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