Pilots‘ Guild Okays Suspension of License of Drunken Sri Lankan Airlines Pilot on international flight

Sri Lankan Airlines named ‘Best Airline in South Asia’

Colombo, Feb 17 (NIA) - Sri Lanka's national airline carrier, SriLankan Airlines added yet another accolade when China’s Top Travel magazine named it the Best Airline in South Asia at the 10th Annual Top Travel Awards, recognizing SriLankan’s continuous efforts at expanding travel between China and Sri Lanka. This is the latest in a string of awards for Sri Lanka’s...

Sri Lanka foreign reserves drop by $568 million in January

Sri Lanka foreign reserves drop by $568 million in January

Colombo, Feb 13 - Sri Lanka’s official reserves dropped 567.5 million US dollars to 5.45 billion dollars in January, down from 6.01 billion dollars at the end of December, official Central Bank data showed. Foreign currency reserves were 4.52 billion US dollars and reserves in Gold were 0.86 billion US dollars, the LBO reported. The Central Bank’s Treasury bill holdings...

Sri Lanka, Israel discuss direct air links to increase tourism

Sri Lanka, Israel discuss direct air links to increase tourism

Colombo, Feb 7 (NIA) - Sri Lanka and Israel have discussed the possibility of establishing direct air links in order to increase the number of tourist arrivals into the island nation, the Tourism Ministry said here Tuesday. The Ministry said renewed efforts are being made to position Sri Lanka as an attractive destination for the outbound Middle East tourism market. The...

China acquiring lands and businesses in Pakistan in a big way

China acquiring lands and businesses in Pakistan in a big way

Karachi, February 6 (Reuters): Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion into a new trade route across the South Asian nation. A dozen executives from some of Pakistan's biggest firms told Reuters that...

Indian entrepreneurs suggest strategies for industrializing Jaffna

Indian entrepreneurs suggest strategies for industrializing Jaffna

Jaffna, October 3 (The New Indian Express): Indian entrepreneurs who participated in the Jaffna International Trade Fair held here between January 27 and 29, have suggested strategies to industrialize Jaffna and the rest of Sri Lanka’s Tamil-speaking Northern Province making use of local resources and talent. Amandeep Azad of Azad Engineering Company of Gaziabad, who manufactures small and medium sized...

Sri Lanka to set up industrial park with India

Sri Lanka to set up industrial park with India

Colombo, Feb 3 - Sri Lanka and India will set up a joint venture industrial park in the North Central province, close to the expressway that is being built, Prime Minister Ranil Wickramasinghe said. The government has identified an 800-acre site in Bingiriya, about 76 kilometres from the capital Colombo, to build, the Economynext reported. Prime Minister Wickremasinghe said Andrapradesh...

Google’s Pichai upset with Trump’s ban on Asian expats

Google’s Pichai upset with Trump’s ban on Asian expats

By Rob Price/Business Insider Google has criticized Donald Trump over an executive order on immigration and recalled some staff from overseas. In a memo to employees reported on Bloomberg and The Wall Street Journal, Sundar Pichai slammed the effects of the directive on Google staff. “We’re upset about the impact of this order and any proposals that could impose restrictions on...

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