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Sunday, 26 May 2013

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Sri Lanka offers diverse, exciting experiences for tourists. With the present tourism boom, foreign tourists can be seen in every nook and corner of the country. Here tourists wait impatiently to view the sunrise at Sri Pada (Adams Peak) which is 2,243 metres above sea level. Our staff photographer, Susantha Wijegunasekera captured this picture last week. Sri Pada is a Buddhist place of worship and a famous spot for nature lovers and adventure tourists. It attracts millions of local and foreign tourists annually. The Sri Pada season ended on Vesak full moon Poya day.

'Vehicle import duty reduction will boost growth'

The sale of vehicles of all categories has dropped by around 40 percent this year due to the staggering import duty, said Ceylon Motor Traders Association, Chairman, Tilak Gunasekera. He said that vehicle sales would slump by over 50 percent by the end of this year due to the high import duty. Vehicle registration last year fell by around 40 percent to 360,000 units.

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UN embargo fuelled CPC financial crisis

The UN embargo on Iran, fuelled the financial crisis of the Ceylon Petroleum Corporation according to Petroleum Minister, Anura Yapa.The Minister said that production at the Sapugaskanda refinery which provided 20 percent of the local petroleum demand was interrupted due to a shortage of crude oil. Denying allegations of the Opposition,

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Scope for 'Incentive Travel'

The 11th IMEX, the largest MICE travel fair in the world for (Meetings, Incentive Travel, Conferences, Exhibitions and Events) concluded on Thursday with a large number of inquiries being made with regard to developing MICE tourism in Sri Lanka, a Sri Lanka Convention Bureau official said.

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Pakistan-Sri Lanka bilateral trade under-used

Sri Lanka and Pakistan under-use the South Asian Free Trade Agreement and bilateral trade agreement between the two countries, said Chairman of RCC IMPEX, Mohsin Ali. Under these trade agreements both countries have duty free market access for 70 percent of the goods exported but only a few items are traded today, he said.

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