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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 […]
Tea for tourists and sympathy for tsunami survivors in Sri Lanka
The Asian tsunamis washed away much of what drew foreigners to Sri Lanka’s beaches, but a coastal tea plantation reputed for making the world’s most expensive tea has survived to become an oasis for tourists. The usual attractions — turtle hatcheries, marine museums, souvenir shops and fishermen on stilts — vanished in the December 26 […]
Strange Economy
The IMF outgoing resident representative Jeremy Carter says Sri Lanka’s macro economic challenges are little changed from a decade ago when he started to analyze the Lankan economy.The IMF outgoing resident representative Jeremy Carter says Sri Lanka’s macro economic challenges are little changed from a decade ago when he started to analyze the Lankan economy. […]
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 […]
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 […]
Political Gas
Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Government is now […]
IMF says the Central Bank should tackle higher than target monetary aggregates that are subsidising big corporations at the expense of poor savers
IMF says the Central Bank should tackle higher than target monetary aggregates that are subsidizing big corporations at the expense of poor savers.IMF says the Central Bank should tackle higher than target monetary aggregates that are subsidizing big corporations at the expense of poor savers. IMF’s outgoing Resident Representative Jeremy Carter said Central Bank should […]
Surviving tsunamis: What can we learn from Hawai’i?
A Visit to the Former “Tsunami Capital” The sign below an exhibit at the Pacific Tsunami Museum in Hilo, Hawai’i, claims that Hilo is “the tsunami capital of the world.” Dr George D. Curtis, the scientific advisor to the museum, covered that sign with his hand and said quietly, “now, we’ll have to change that.” […]
A Visit to the Former ‘Tsunami Capital’
The sign below an exhibit at the Pacific Tsunami Museum in Hilo, Hawaii, claims that Hilo is ‘the tsunami capital of the world.‘ Dr George D. Curtis, the scientific advisor to the museum, covered that sign with his hand and said quietly, ‘now, we’ll have to change that.‘ That is just one of the things […]
Central Bank appoints top level committee to look into the future viability of primary dealers
Sri Lanka’s Central Bank has appointed a committee to look into the future of primary dealers, after a move to raise their capital to Rs.350 mn this June, sent minor tremours throughout the industry.Sri Lanka’s Central Bank has appointed a committee to look into the future of primary dealers, after a move to raise their […]
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 […]
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 […]