Citrus Waskaduwa was recently awarded the 2017 TripAdvisor Travelers’ Choice award in the category of ‘Top Hotels’, ranking within the top 25 hotels in Sri Lanka. In the 15th year of the awards, TripAdvisor has highlighted the world’s top properties based on the millions of reviews and opinions collected in a single year from travelers…
Reuters – A South Korean court said on Thursday it decided to end Hanjin Shipping Co Ltd’s court receivership process and expects to declare bankruptcy on February 17 after a two-week period for appeals. The Seoul Central District Court said in a statement that it made the decision as the firm’s liquidation value would be…
Reuters – Sri Lankan shares closed slightly higher on Thursday, snapping two straight sessions of falls, as investors picked up battered blue chips while net foreign buying also boosted sentiment. Investors await clarity on interest rates from the central bank’s first monetary policy in 2017 scheduled on Tuesday. The Colombo stock index ended up 0.15…
Some companies are making various comments on SriLankan Airlines. The time has still not come for any such comments or views, said Finance Minister Ravi Karunanayake during a media conference today (02 February). While stating that Minister Kabir Hassim’s Ministry would provide the accurate response to this, the Finance Minister pointed out that neither the…
National Institute of Social Development (NISD) under the Ministry of Social Empowerment and Welfare signed a MoU with the University of Sri Jayawardhanapura yesterday (1st Feb.) to award all the degree and diploma courses conducted by the NISD from the University. Accordingly, the ‘Social Work’ Degree and its post-graduate diploma, and other diplomas awarded by…
A meeting was organized by the Board of Investment of Sri Lanka and the Ministry of Development Strategies and International Trade to address outstanding matters concerning investors from the European Union. The Sri Lankan side was led by Malik Samarawickrama, Minister of Development Strategies and International Trade assisted by his Ministry secretary Chandani Wijewardhana, Mangala…
Reuters – Sri Lankan shares slipped in thin trading on Wednesday and closed near a 10-month low hit last week on political worries and fears over further interest rate hikes, brokers said. Investors turned cautious after the ruling coalition parties decided to contest local polls separately, while a rise in treasury bill yields last week…
The International Air Transport Association (IATA) awarded SriLankan Airlines the IATA Safety Audit for Ground Operations (ISAGO) renewal Registration, following the successful completion of a comprehensive audit of ground-handling operations at Bandaranayake International Airport (CMB). The SriLankan Airlines Company is the 158 ground handling company in the world to receive the mentioned registration. ISAGO is…
HYDERABAD: Hyderabad-based Celkon Mobiles is in talks with telecom players in Sri Lanka and Bangladesh for a possible tie up after joining hands with Dubai’s largest telco, Etisalat, said a top executive. Through such tie ups and focus on export, the company expects its export revenue to grow from less than 5% currently to 10%…
Sri Lanka Retailers’ Association (SLRA) aims to harness the resources of the Organized Retail industry to a common platform to promote Innovation and Growth in retailing. With the vision of “Achieving retail excellence” and its inclusive approach of being the “Voice of the Retail Industry in Sri Lanka”, SLRA commenced its flagship activity for 2017…
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