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Cost of aircraft lease agreements much higher than market price

The cost of aircraft lease agreements, signed by SriLankan Airlines in recent times, was 30-40% higher than the current market price, President of the Airline Pilots’ Guild of Sri Lanka (APGSL) Ranjith Vithanage told the Presidential Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka …

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EU provides emergency relief to flood victims in Sri Lanka

Following the devastating floods and landslides which have struck Sri Lanka over the last weeks, the European Commission gave €160 000 (approximately LKR 29 million) in humanitarian funding to bring emergency assistance to the communities affected by the recent floods. Some 17,500 people in the seven most affected districts of …

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ONYX Group appoints Russell Cool as Area General Manager in Sri Lanka

Thailand-based ONYX Group has appointed Russell Cool as Area General Manager for all ONYX properties in Sri Lanka. Cool will be responsible for overseeing all aspects of ONYX Hospitality Group’s Sri Lanka portfolio of hotels and will provide strategic guidance to achieve the company’s vision, implement organisational processes for all divisions, …

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PM confident of reaching the US$ 5 bn export income goal

Prime Minister Ranil Wickremesinghe today said the country can overcome the challenges and reach the envisaged export income of US$ 5 billion. Addressing the 2018 Information and Communication Technology (ICT) forum today in Colombo the Premier said the government is taking all the measures to achieve the goal. The ICT- …

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Delicacies of the deep at EAT, OZO Colombo

Plunge into an ocean of taste with an array of mouth-watering cuisine and become hooked on the delicacies of the deep at OZO Colombo’s very own Seafood Dinner Buffet. From 9th  to 13th  June at EAT Restaurant, diners can dive in and indulge in an extensive range of seafood from …

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