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Wednesday, 30 May 2012

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Iran craves for Pure Ceylon Tea

Iran wants to be Ceylon Tea's transshipment hub for Central Asia and Ceylon Tea export volumes to Iran can now be increased dramatically due to the growing demand. “We are surrounded by strong Central Asian market of more than 300 million people who demand, just as own our Iranian market, more and more Ceylon Tea. Also we can quench Central Asia's tea thirst by acting as the Ceylon Tea hub for the region,” said visiting Deputy Foreign Minister for Asia and Pacific Affairs Abbas Araghchi on May 29 at the Ministry of Industry & Commerce, Colombo 3.

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Ministry of Economic Development clarifies Tourism Authority restructuring

A wide publicity has been given to the events unfolding at the Sri Lanka Tourism regarding the resignation of Dr Nalaka Godahewa, from Sri Lanka Tourism Promotion Bureau, Sri Lanka Institute of Tourism and Hotel Management and Sri Lanka Convention Bureau and the performance of the Board of Investment.

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Aitken Spence profits up by 46% and dividends up by 40%

With a stellar performance from its tourism sector, Aitken Spence PLC reported its highest ever profit before tax of Rs. 5.5 billion for 2011/12. The company posted a consolidated profit after tax of Rs. 4.7 billion for the year financial year ended 31st March 2012. The blue chip showed a net profit attributable to the shareholders of Rs. 3.7 billion, a remarkable 46.2 percent increase from last year, while revenue grew by 22 percent to Rs. 30.7 billion. During the year Aitken Spence realized a gain of Rs. 655 million with the strategic decision to sell the Company’s stake in Colombo International Container Terminals Ltd.

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An Arab national tasting the falvour of Ceylon Tea at a Sri Lankan tea promotion at the recently concluded Arabian Travel Mart Picture by Shirajiv Sirimane



 

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