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Upgrading hotels and enhancing room capacity:
Tourism sector invests $ 10 b
Annual earnings to surpass US$ 500 m:
Sri Lanka’s tourism sector is gearing to face the
increase of tourist arrivals by investing US$ 10 billion to enhance
the room capacity and upgrade the hotels. It is necessary to carry
out brand building and image enhancement activities. Brand
development is needed to improve credibility, dependability,
believability and acceptability in the minds of the tourists,
Jetwing Hotels Ltd Chairman Hiran Cooray said.
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‘Private sector should take risks’
Sri Lanka today is in the threshold of a new
era. The private sector needs to expand the size of the economy. To
enhance the size of the economy the country should focus on creating
an investment-friendly environment, Lion Brewery Ceylon Ltd., CEO,
Suresh Shah said at a forum organized by the Pathfinder Institute
recently.
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Epic Lanka to diversify into education
US $ 3 million investment:
Epic Lanka Group will soon diversify to the
education sector as a software and security developing company for
banks and financial institutes. The investment for this project is
US $ three million.
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