Sri Lanka’s first ever professional management accreditation for its surging tourism and hospitality sector has been unveiled in Colombo. Inaugurating the Certified Hospitality Finance & Management Accountant (CHFMA) qualification by Institute of Certified Management Accountants (CMA) under Ministry of Industry and Commerce on 5 December, Minister of Industry and Commerce Rishad Bathiudeen said that as…
A total of 167,217 tourist arrived in Sri Lanka during November 2016, reveal the latest statistics of the Sri Lanka Tourism Development Authority. When compared against the tourist arrivals during November 2015, this is an increase of 144,147 or 16 per cent. During the first 11 months of 2016 the tourist arrivals have numbered 1,826,041….
A meeting between visiting Foreign Minister of the Maldives Islands Dr. Mohamad Azim and Finance Minister Ravi Karunanayake was held recently at the Ministry of Finance. The two ministers discussed about further strengthening bilateral relations between the two countries. Attention was also drawn during the meeting how to maintain trade and economic relations as members…
Reuters – Sri Lankan shares ended slightly weaker on Tuesday, ending a four-session run of gains, to slip from a near three-week high as investors booked profits, brokers said. The Colombo stock index ended 0.28 percent or 17.72 points down at 6,350.40, slipping from its highest close since Nov. 15 hit on Monday. The bourse…
If a prime trader bids for Rupees 15 million even while the Central Bank of Sri Lanka (CBSL) needs only Rupees 01 billion, then it is abnormal, said Committee on Public Enterprises (COPE) chairman and Janatha Vimukthi Peramuna (JVP) Member of Parliament Sunil Handunnetti, while speaking during the 360 political talk show of TV Derana….
SriLankan Airlines was crowned the “World’s Leading Airline Operating to the Indian Ocean Region in 2016” at the prestigious 23rd annual World Travel Awards held last week in Maldives. SriLankan Airlines (www.srilankan.com) completed the launch of services to 11 more cities around the Indian Ocean. Just a few weeks ago SriLankan received the title of…
London Stock Exchange Group (LSEG) Monday announces the opening of its new state-of-the-art technology facility in Sri Lanka. Headquartered in the TRACE Expert City precinct of Colombo, the new technology hub was opened by the Prime Minister of Sri Lanka, Ranil Wickremesinghe and LSEG Chairman, Donald Brydon. A delegation including the honourable Patali Champika Ranawaka…
‘AYATI’ the First National Centre of Excellence to become a reality soon The national dream of establishing a center dedicated for children with disabilities became a little closer to reality on World Disability Day as the foundation for ‘AYATI – a centre of excellence for children with disabilities’, was laid ceremonially at the Faculty of…
Economic activity in the Asia-Pacific region will broadly hold up well, even as many emerging-market Asia (EM Asia) countries are severely hit by persistently sluggish world trade due to their relative openness, Fitch Ratings says. The Outlook for EM Asia sovereign ratings in 2017 is Stable, but potential vulnerabilities include increased protectionism, a stronger US…
Reuters – Sri Lankan shares rose for a third straight session on Monday to close at a near three-week high as investors sought bargains in banking shares after the benchmark index fell to a near eight-month low last week. The Colombo stock index gained 0.67 percent or 42.55 points to 6,368.12, its highest close since…
Video Story
