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Last Updated = Sat, Jan 21, 2017, 01:20 pm SL Time

* Three bidders for Sri Lanka national carrier shortlisted

Jan 21 (CP) Colombo- Sri Lanka has received nine bids from international airlines in response to the call for bids to privatize its loss-making national SriLankan Airlines and out of those three bidders are shortlisted State Enterprise Development Minister Kabir Hashim said.
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* Japanese entrepreneurs keen on investing in Sri Lanka

JJan 21 (DM) apanese Entrepreneurs are ready to invest in development and business activities in Sri Lanka, said Chairman of the Japan-Sri Lanka Commerce and Industries Federation Fukugi Shimabukuro speaking to the media recently.
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* Gulf Air commences direct operations to Colombo

Jan 20 (CP) Colombo- Bahrain's national carrier, Gulf Air, has commenced its direct operations to Bandaranaike International Airport, in the Sri Lankan capital Colombo, with 5 flights per week.
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* Sri Lankan rupee ends firmer in dull trade

Jan 20 (Reuters) The Sri Lankan rupee ended slightly higher on Friday due to dollar selling by exporters in shortened trade, dealers said. Rupee forwards were active, with two-week forwards ending at 150.85/00 per dollar, firmer from Thursday's close of 151.00/10.
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* Blue Mountain breaks ground for Colombo’s first ever 7-star luxury apartment – Achilleion

Jan 20 (Island) Blue Mountain Apartments, part of the Blue Mountain Group, held the ground-breaking ceremony of its most iconic development project and one of the biggest such projects to-date – Achilleion, Colombo's first 7 star luxury apartment complex, yesterday.
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* Peace Air makes US$ 2.2 bn bid to run Mattala Airport

Jan 20 (DN) Peace Air has made a US$ 2 .2 billion bid to operate Mattala Rajapaksa International Airport (MRIA) on a lease basis. The bid includes, total operations including ground handling and catering. Peace Air Chairman, Gamini Wethasinghe told media that they had also made a US$ 5.5 billion bid to take over and run SriLankan Airlines.
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* 'Bharti Airtel committed to investing in Sri Lanka and delivering cost-effective services'

Jan 21 (Island) India-based telecom operator Bharti Airtel which celebrated eight years in Sri Lanka, will continue to invest in Sri Lanka in the future too and provide the best and most cost effective services to its customers, company sources said.
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* Rohan Victoria elected Asian Packaging Federation Vice President

Jan 21 (DN) The Asian Packaging Federation has appointed Rohan Victoria as a Vice President to its Board of administration for the fourth time in its fifty years of existence. The APF, the only International Packaging Organization representing the Asian Packaging Industry was founded in 1967 in Kyoto
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* New Zealnd's Fonterra welcomes fresh trade and investment discussions with Sri Lanka

Jan 20 (CP) Colombo- The New Zealand dairy product giant, Fonterra has welcomed the announcement that New Zealand and Sri Lanka will progress discussions on new trade and investment opportunities, including the possibility of a FTA down the track, the company said in a release.
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* Sri Lankan shares end higher on foreign buying

Jan 20 (Reuters) Sri Lankan stocks closed higher on Friday led by financials, after hitting a more than one-week closing low in the previous session, on increased appetite for risky assets by foreign investors.
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* LB Finance 3Q net profit crosses Rs.1bn

Jan 20 (DM) LB Finance PLC (LBF), a Dhammika Perera-controlled licensed finance company, recorded higher profits exceeding Rs.1 billion for the quarter ended December 31, 2016 (3Q17), supported by higher loans and leases extended during the period, which in turn improved the company’s margins.
[Full Story]

* Sri Lanka hits tourism record

Jan 20 (AFP) COLOMBO- Sri Lanka earned a record USD3.5 billion from tourism in 2016, seven years after the end of a devastating civil war, a government minister said.
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