News & Events

  • Meliá Hotels enters Sri Lanka to manage three hotels

    February 12th, 2016
    Meliá Hotels enters Sri Lanka to manage three hotels

    For the first time Meliá Hotels International,17th biggest hotel chain worldwide which was founded 1956 will enter the leisure sector in Sri Lanka this year. The Spanish hotel chain, has 100,000 rooms under their management. this is the first time that the Spanish Group is entering the South Asian...

  • Colombo port achieves historic growth in container handling

    February 12th, 2016
    Colombo port achieves historic growth in container handling

    The Colombo Port has recorded its first highest daily container handling volume to 22,422 TEUs on February 9,the Sri Lanka Ports Authority(SLPA) said yesterday. The previous highest volume 22,186 containers was reported by the SLPA on April 28, 2015. The recorded container volume was received to the...

  • India’s Oberoi hotels group keen to return to Sri Lanka

    February 11th, 2016

    ECONOMYNEXT - India’s Oberoi hotels group wants to return to Sri Lanka and is interested in partnering with owners of island properties that are well located, a senior company official said.“Anyone wants to speak to us of great locations they have, we would love to partner with them,”...

  • Shangri-La to build third hotel in SL

    February 11th, 2016
    Shangri-La to build third hotel in SL

    Shangri-La, Asia Pacific's leading luxury hotel chain, is looking at building a third hotel in Sri Lanka.This was disclosed by Vice President of the group, Madhu Rao who met the Minister of Finance, Ravi Karunanayake yesterday.He had indicated that they are happy with the investment climate in Sri Lanka...

  • Seagulf Shipyard to invest US$ 40 mn on three projects

    February 9th, 2016
    Seagulf Shipyard to invest US$ 40 mn on three projects

    Seagulf Shipyard (Pvt) Ltd will invest over US$ 40 million to build shipping yards and for maritime related activities for 2016. These investments will be made in Trincomalee, Galle and at their yard in Modera.Seagulf Shipyard Managing Director Sarath Obeysekera said that they have already invested US$...