News Room : Sri Lanka tourism lacks direct consumer marketing: Industry experts
By APSARA RODRIGO ECONOMYNEXT –The lack of consumer marketing was a hinderance for the development of tourism in Sri Lanka, hospitality experts said at a panel discussion held recently. “The travel agents know what we offer but we are not, even in a good year, positioning this destination by communicating to consumers. The decision maker for a holiday in Sri Lanka is...
News Room : Only 0.4% of loans recovered using Parate laws – CBSL – The Island
By A.J.A. Abeynayake Four persons, including the Archbishop of Colombo, Cardinal Malcolm Ranjith, filed separate petitions in the Supreme Court yesterday (29) against the appointment of Deshabandu Tennakoon as the Acting IGP. The other petitioners are three victims of the Easter Sunday carnage, representatives for Lawyers for Truth and Justice, and a person who was wounded when Rajapaksa supporters attacked the...
News Room : Way forward
Saturday 30th December, 2023 Sri Lankans are gripped by an anticipatory dread of another surge in the cost of living owing to the crippling effect of enhanced VAT and the expansion of its application. Hardly a day passes without people being shown on television cursing the government for the untold suffering it has inflicted on them. Their consternation is understandable,...
News Room : Pathfinder Foundation to develop a blueprint to double Sri Lanka’s growth rate – The Island
The Pathfinder Foundation has formed a Study Group of Experts to develop a blueprint and framework aimed at doubling Sri Lanka’s economic growth rate through accelerated economic integration and infrastructural connectivity with India. The framework document is expected to be formally launched in March 2024. Most economic forecasts place Sri Lanka on an average growth trajectory of 3% per annum for the next...
News Room : Donald Trump kicked off 2024 primary ballot in US state of Maine – The Island
On May 30, the United States accused China of intercepting one of its spy planes in an “unnecessarily aggressive manoeuvre” over the South China Sea. The American RC-135 plane, according to the US military, was conducting routine operations over the sensitive waterway when the Chinese fighter jet flew directly in front of its nose. A video shared by the US...
News Room : Health Ministry all out to eradicate it – The Island
Education of about 54.9 percent of Sri Lankan students has been affected by the economic crisis since March 2022, the latest Household Survey on Impact of Economic Crisis – 2023 by the Department of Census and Statistics reveals. Out of the respondents surveyed 93.5 percent have adopted at least one strategy to counter the impact of the economic crisis on...
News Room : Intense drug busts and sobering reality
Friday 29th December, 2023 The police are all out to eradicate the scourge of narcotics, and their efforts must not go unappreciated. But it needs to be added that they would not have had to exert themselves in this manner if they had carried out their duties and functions properly over the years. Having let the grass grow under their...
News Room : In bid to counter China, US ramps up effort to boost military ties in Asia
On May 30, the United States accused China of intercepting one of its spy planes in an “unnecessarily aggressive manoeuvre” over the South China Sea. The American RC-135 plane, according to the US military, was conducting routine operations over the sensitive waterway when the Chinese fighter jet flew directly in front of its nose. A video shared by the US...
News Room : US approves $250m in military aid to Ukraine – The Island
But the package marked the last funding available without fresh approval from Congress, where talks have stalled. Ukraine has warned that the war effort and its public finances are at risk if further Western aid is not forthcoming. Amid a stalled counter-offensive in the east of the country and a little-changed line of control, Ukrainian officials are facing the prospect...
News Room : Jevahn and Kaya stamp their class – The Island
Sri Lanka Junior Open Golf Championship 2023 Two promising junior golfers, Jevahn Sathasivam and Kaya Daluwatte secured the top prizes in the gold segment Boys and Girls respectively at the Sri Lanka Junior Open Golf Championship 2023 which concluded at the Royal Colombo Golf Club (RCGC) recently with a colorful prize giving. The event was organized by Sri Lanka Golf and...