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To be on par with international tourist
destinations:
Star class hotels increase charges
Sri Lanka’s star class hotels have decided to
increase their charges for occupancy and services to be on par with
international tourist destinations so that Sri Lanka will not be
classified as a cheap destination, sources in the industry said.
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Demand for tea will increase soon
The demand for tea will increase very soon since
the world is coming out of the recession said Chairman, Colombo Tea
Traders Association, Avindra de Silva. He said that high prices were
recorded from Uva’s seasonal quality teas. The demand for tea will
increase very soon since the world is coming out of the recession
and people are getting ready for the winter season. One significant
factor of the tea auction at present is that there is a weekly
fluctuation because people buy tea based on their requirements.
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Impressive half year results:
People's Bank PAT up 17.8 percent to Rs.1,310 m
The People's Bank has shown impressive half year
results during the six months ended June 30, 2009 despite many
challenges and supporting the Government's massive development
projects as a State Bank, said CEO, General Manager, People's Bank
P.V. Pathirana.
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