Sri Lanka Tourism to launch unified national brand from January
Chairman Buddhika Hewawasam says creative assets to be finalised next month with full-scale rollout set for January and peak promotional activities scheduled for May Stresses creating a consistent year-round destination image replacing campaign taglines to boost global appeal and maximise returns Opines previous campaign although conceptualised, lacked strategic breadth required for global tourism push Expresses confidence in attracting more tourists, …
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Tourist arrivals in Sri Lanka surpass 1.7 million milestone
Sri Lanka’s tourism sector has reached a significant milestone, surpassing 1.7 million arrivals so far for 2024 with over 100,000 visitors welcomed during the first 17 days of November, signalling a strong momentum as the year-end holiday season approaches.
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Aitken Spence reports robust performance; EBITDA up 10.4% to Rs. 8.9 b in 1H
Aitken Spence PLC, a leading conglomerate with a diverse regional presence, has reported an EBITDA (excluding impacts from foreign currency exchange gains and losses) of Rs. 8.9 billion for the six months ending 30 September 2024, reflecting a growth of 10.4%.
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Tea crop falls in October, marginal growth for first 10 months of 2024
October tea production down by 8.05% YoY to 21.14 m kilos Production falls at all elevation levels compared to October 2023
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Tourism service providers register with SLTDA mobile service
Launch of the mobile registration service for service providers across the country, starting with Hikkaduwa and Koggala by the Sri Lanka Tourism Development Authority (SLTDA) and the Sri Lanka Institute of Hotel Management (SLITHM) garnered about 600 such registrations, top officials said.
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Hayleys records 78% growth in PBT to Rs. 12.73 b in 1H
The Hayleys Group said yesterday it delivered remarkable growth and profitability during the first half of the financial year ending 31 March 2025, as it leveraged its leading market positions across diverse business verticals to deliver a Profit Before Tax of Rs.12.73 billion, an increase of 78% over the corresponding period of the previous year.
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Meet the teenaged Surf Queen of Arugam Bay
By the Harmony page team
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Five liquor companies to face licence suspension over unpaid taxes
The Attorney General has informed the Supreme Court that five liquor manufacturing companies, including the leading W. M. Mendis & Co., risk having their licences suspended if they fail to settle outstanding tax arrears by 30 November.
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Beedi industry doubles in size and threatens Sri Lanka’s economy
While Sri Lanka has made notable progress in tobacco control, with policies reducing cigarette consumption, the unchecked growth of the beedi industry presents a mounting threat to the economy.
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SLT-MOBITEL achieves financial recovery in Q3 2024
SLT-MOBITEL Group has reported a Profit After Tax (PAT) of Rs. 1,093 million for Q3 2024, compared to a loss of Rs. 1,543 million for the same period last year, demonstrating a significant 171% turnaround in bottom-line performance.
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