Tourism to be top forex earner in 2016
Tourism, with revenue generated from visa on
arrival fees will be Sri Lanka's number one foreign exchange earner
by 2016 where the country is targeting 2.5 million tourist arrivals.
Sri Lankan tourist industry would achieve a golden double of more
than one million arrivals and US$ one billion revenue by year's
end,which is the target set for 2013.
'Fluctuating global oil prices big challenge'
The fluctuating global oil prices have posed new
challenges for the sector related businesses where price revisions
and action for cost reduction have become the way forward. The price
of LPG during the past few months has gone up unprecedentedly and
this has warranted an upward revision of price to sustain business
as escalation costs have threatened the company to maintain its
operations as usual. We have sought a price increase from
authorities and this will implemented in the near future, Laugfs
Holdings Chairman W.K.H. Wegapitiya told Daily News Business.
GRA Awards to raise waste management awareness
The second Geo Responsibility Awards (GRA) will
be held on March 15 at the Water's Edge under the patronage of
Environment Minister Anura Priyadarshana Yapa and Power and Energy
Minister Champika Ranawaka, Holcim Lanka Ltd CEO Stefan Huber said,
at a media briefing on Geo-cycle Awards 2012 recently at the Colombo