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Foreign direct investments and many developments taking place in Hambantota

With Sri Lanka aiming for a golden double of one million tourists and one million US dollars in revenue from tourism, and the country targeting nearly two billion US dollars in foreign direct investments and many developments taking place in Hambantota, a second airport was a crying need for almost a decade. Several new airlines [...]

January 27, 2012 / No Comment / Read More

Qatar Airways flights airport at Hambantota from next year

January 27, 2012 No Comment

Qatar Airways, one of the five star airlines in the world, has consented to operate flights to the country’s second international airport at Hambantota from next year. Aviation Minister Priyankankara Jayaratne said they had discussion in this regard with Qatar authorities recently who responded positively in this regard. He said that in addition, Fly Dubai, [...]

Sri Lanka’s post-war economy grew 8.4 percent

December 22, 2011 No Comment

Sri Lanka’s post-war economy grew 8.4 percent in the three months to September from a year earlier, spurred by robust expansion in industrial output, official data showed Wednesday. The island’s economy has expanded at a rapid pace since the government crushed a nearly four-decade-long revolt by Tamil Tiger separatist rebels in May 2009. The third [...]

Monkeys in Hambantota were captured and translocated

October 27, 2011 No Comment

Over 170 monkeys in Hambantota were captured and translocated as a temporary measure to control crop damages caused by these creatures, an official from the Wildlife Conservation Department (WCD) told the Daily News yesterday. The monkey menace has been seriously affecting cultivation in Hambantota, Galle and Matara causing heavy losses for the people. Economic Development [...]

Shangri La hotel chain project at Hambantota

October 5, 2011 No Comment

A second five-star Shangri La Hotel is coming up at Hambantota at a cost of US$120 million or Rs.13 billion in a chain of hotel projects that have been approved by the government, Economic Development Deputy Minister Lakashman Yapa Abeywardana said yesterday. The project comprising 50 villas will be constructed in addition to the 500 [...]