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Sri Lankan Airlines begins direct flights to Gan Island, Maldives

Colombo, Dec 1 (NIA) - Sri Lanka's state-run 'SriLankan Airlines', on Thursday, began direct flights to Gan Island in the Maldives, becoming the only airline to operate international flights to Gan International Airport. In a statement, Sri Lankan Airlines said that the route would be operated with four weekly flights. "Accordingly, Gan Island operations will facilitate visitors’ travel to any...

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Sri Lanka, Bangladesh likely to sign FTA in March

Colombo, Nov 10 (NIA) - Sri Lanka and Bangladesh are likely to sign a Free Trade Agreement in March, next year, which will boost trade and pave way for a huge cross border cargo transshipment via the Port of Colombo, the Commerce Ministry said in a statement on Thursday. Bangladesh's Commerce Minister, Tofail Ahmed, who is visiting Sri Lanka on an...

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Nepal-made products are steadily gaining visibility and recognition around the world

Sahina Shrestha/Nepali Times When discussing products from Nepal, the first things that usually come to mind are handicrafts, carpets and pashmina shawls. Those were Nepal’s traditional exports, but there are new Made in Nepal items that are steadily gaining popularity around the world. Entrepreneurs say pushing a product with a Made in Nepal tag actually adds value, but ultimately it is the...

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It’s critical for Sri Lanka to meet EU’s human rights stipulations to get back GSP Plus trade concessions

Colombo, October 29 (NIA): It is critical for Sri Lanka to meet the European Union’s human rights stipulations to get back trade concessions under the General System of Preferences Plus (GSP-Plus) scheme – concessions it had lost in 2010 on grounds of gross human rights violations in the last phase of Eelam War IV and thereafter. With improvements in the...

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India’s most important conglomerate is in turmoil. But investors seem to be taking the news too lightly.

Anjani Trivedi/Wall Street Journal Mumbai,October 28: The board of Tata Sons ,ousted its first non-family Chairman this week, reversing what investors had seen as a fresh start for the tightly controlled group of companies, which generates $100 billion in sales across 29 listed companies and other unlisted ones. Interests span tea and coffee, IT outsourcing and Jaguar automobiles. Mistry  fired back...

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‘We place highest priority on safety of our passengers’ says Sri Lankan Airlines

Colombo, Oct 26, 2016: Sri Lanka's national airline carrier, Sri Lankan Airlines on Wednesday said that it places the highest priority on the safety of its passengers all around the world, a standard which the airline refuses to compromise under any circumstances whatsoever. In a statement, the Airline said that in connection to the delay of Flight UL132 from Trichy to...

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Sri Lanka to fight money laundering, terrorist financing

Colombo, Oct 24 (NIA) - Sri Lanka's Financial Intelligence Unit has entered into an agreement with the Inland Revenue Department to fight money laundering and terrorist financing, the country's Central Bank said in a statement on Monday. The agreement is to exchange information in order to facilitate investigations and prosecutions on money laundering and terrorist financing. "Money laundering and terrorist...

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Sri Lanka’s state owned Mihin Lanka airline to end flights

Colombo, Oct 4 (NIA) - Sri Lanka's state owned budget airline, Mihin Lanka, will end all flights from Oct 30 and merge with the country's national airline carrier, Sri Lankan Airlines, the company said in a statement on Tuesday. Mihin Lanka, which was launched as a budget airways in 2007, currently conducts flights to several destinations including Bahrain, Dhaka, Gaya,...

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