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‘s largest integrated tourism group CEO visits Heritance Negombo
TUI Group CEO Fritz Joussen accompanied by other TUI top-level executives visited Heritance Negombo on Thursday. The 139-room hotel is the latest hotel investment by Aitken Spence in Sri Lanka, which is to open in April 2016. The high profile team from TUI, the world’s largest integrated tourism group, included the CEO of TUI Germany, […]
Sri Lanka to build elevated highway network in Colombo
Mar 03, 2016 (LBO) – The cabinet nod has been given to construct an elevated highways network in Colombo to reduce the traffic congestion and to build the road connectivity suburbs and expressways. It has been proposed to construct a road of 6.9 km long with 4 lanes from New Kelani Bridge to Rajagiriya. It […]
Sri Lanka’s HNB reports highest advances and deposits in its history
Mar 03, 2016 (LBO) – Group profits at Sri Lanka’s Hatton National Bank rose 10 percent to 11 billion rupees in 2015, supported by profit after tax of 10.5 billion rupees, its annual report showed. The bank’s profit before VAT and tax improved to 17.9 billion rupees, whilst profit after tax surpassed 10 billion rupees […]
Foreign Minister’s remarks at Geneva Community of Democracies
Remarks by Hon. Mangala Samaraweera Minister of Foreign Affairs of Sri Lanka 20th Meeting of the Governing Council of the Community of Democracies Geneva, 2 March 2016 Recent developments in Sri Lanka Secretary General Excellencies Ladies and Gentlemen It is an honour to be invited to the Community of Democracies, since my distinguished predecessor Lakshman […]
Sri Lanka’s stock exchange launches educational web portal
Mar 03, 2016 (LBO) – the Colombo Stock Exchange on Thursday officially launched its online educational portal with the aim of improving skills and knowledge related to the capital market among public. The new portal (cse.edu.lk) which delivers content in all three languages is set to assist the CSE in reaching out to a wider […]
‘s visit: BOI
Mar 03, 2016 (LBO) – Prime Minister Ranil Wickremasinghe’s forthcoming visit to Beijing is being eagerly awaited by the Chinese leadership as a timely opportunity to strengthen bilateral relations, the BOI said in a statement. Chinese Vice Minister of Foreign Affairs Liu Zhenmin has assured Minister Malik Samarawickrama that Chinese authorities are committed to achieving […]
” award at Guangzhou Fair
The Consulate General of Sri Lanka in Guangzhou in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB) organized Sri Lanka’s participation at the Guangzhou International Travel Fair (GITF) from 25th – 27th February 2016 at the Canton Exhibition grounds in Guangzhou. The GITF which is an annual event in Guangzhou and held since 1992 […]
Sri Lanka promotes whale and dolphin watching tourism for Blue Economy
Mar 03, 2016 (LBO) – Sri Lanka with the Indian Ocean Rim Association (IORA) has come forward to build a sustainable whale and dolphin watching tourism in the Indian Ocean region. Indian Ocean Rim Association has 20 members including Sri Lanka, Australia, Bangladesh, India, Indonesia, Seychelles, Iran, Malaysia, Mauritius, Singapore, South Africa, Thailand and United […]
Commercial Bank to keep 72 branches open on Mahasivarathri Day
The Commercial Bank of Ceylon has announced it will keep 72 branches open for business on Monday, 7th March, a Public and Bank holiday to mark the Mahasivarathri festival. The Commercial Bank branches that will operate on that day include the Bank’s 30 Supermarket Banking Centres and 25 ‘365-day’ branches which will work their customary […]
Royal Turf Club formed; aims to boost sports tourism
The exciting sport of horse racing with it’s glamour, prestige and showmanship has long held a place in the hearts and history of Sri Lanka. In the 1840’s Mr. John Baker introduced this illustrious sport with the inaugural race taking place at the Nuwara Eliya Race Course in 1875. Originally conducted by the Nuwara Eliya […]
Sri Lanka’s Right to Information Bill in Parliament next week
Mar 03, 2016 (LBO) – The much-awaited Right to Information Bill is to be presented to the Parliament on March 8 for the first reading, the government said. Mass Media and Parliamentary Reforms Deputy Minister Karunaratne Paranavithana said all Provincial Councils have endorsed the draft Bill referred to them. “There was a slight delay in […]