Explaining the rationale behind venturing into Sri Lanka, Sanjiv Puri, Chairman of ITC Group highlighted the country’s untapped tourism potential and its alignment with India’s “neighborhood first” …
Iran’s Raisi inaugurates project in Sri Lanka, says West doesn’t monopolize knowledge, technology
Iranian President Ebrahim Raisi has arrived in Sri Lanka to inaugurate a hydropower and irrigation project that was long delayed due to international sanctions on his government and other issues …
After Colombo, ITC plans to expand its hospitality business outside India in Nepal
The Calcutta-based giant, which formally launched its first luxury hotel outside the country at Colombo in Sri Lanka on Thursday, has decided that its next stop will be Nepal where it possesses land w …
ITC Hotels makes first overseas check-in with Colombo property
Slated to open in 2017 after the groundbreaking took place in November 2014, the hotel finally opened its doors in a glittering ceremony attended by the Sri Lankan president, PM Dinesh Gunewardena, …
Sri Lanka’s rural women caught in debt trap with no end in sight
Rural women in Sri Lanka are falling victim to microfinance institutions with high interest rates and ruthless and abusive recovery practices — and despite protests calling for government intervention …
Hambantota Port’s container services will make Sri Lanka a key logistics hub in Indian Ocean
Sri Lanka is an island nation situated in a strategically important location in the Indian Ocean Region at the centre of maritime trade routes in between East and West, as well as in the middle of …
Hambantota Port’s container services will make Sri Lanka a key logistics hub in Indian Ocean
Sri Lanka is an island nation situated in a strategically important location in the Indian Ocean Region at the centre of maritime trade routes in between East and West, as well as in the middle of …
Climate summit to discuss growth opportunities for Sri Lanka businesses: Chamber
Rising temperatures and extreme weather events due to climate change are impacting business, and companies need to address the irrelevance of existing business models, the Ceylon Chamber of Commerce …
IMF Commends Sri Lanka On Hard-Won Economic Gains
The International Monetary Fund (IMF) commended Sri Lanka on the hard-won economic gains. First Deputy Managing Directo …
‘After Sri Lanka, more global hotel launches on the anvil’, says ITC Chairman Sanjiv Puri
ITC Chairman Sanjiv Puri said the Indian corporate giant is looking at opening more hotels globally, after its first property outside India was thrown open on Thursday.