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Last Updated = Sat, Apr 19, 2014, 12:17 am SL Time

* Abu Dhabi-based Rotana Jet starts flights to Sri Lanka

Apr 17 (CP) Colombo- Abu Dhabi-based airline Rotana Jet commenced flights to Sri Lanka's Colombo and Mattala airports from Wednesday April 09. As a part of airline's expansion, Rotana Jet has added Sri Lanka as the airline's first international destination outside the Gulf region.
[Full Story]

* Water’s Edge to build Rs 2b star hotel to tap MICE market

Apr 18 (DN) The management of Water’s Edge, the Urban Development Authority will begin building a five star hotel this year. The hotel will consist of 250 rooms and 16 suites thus making the venue a one stop shop for Meeting Incentive Conference and Exhibitions (MICE).
[Full Story]

* ADVISORY-Sri Lanka markets closed for holiday

Apr 18 (Reuters) Sri Lanka's stock and foreign exchange markets are closed on Friday for a public and bank holiday. Normal trading will resume on Monday.
[Full Story]

* Sri Lankan rupee steady in dull trade; stocks gain

Apr 17 (Reuters) The Sri Lankan rupee traded steady on Thursday in dull trade as many factories were closed for business after the Sinhala-Tamil new year ahead of a long weekend, dealers said.
[Full Story]

* TaproSpa Resorts in Beruwela to add more suites

Apr 17 (DN) Tapro Spa Resorts (Pvt) Ltd, Foot prints’ total Beruwela will invest over Rs. 175 million this year to introduce four suites and also for a minor refurbishment of the property placed in a picturesque location in Moragolla Beruwela.
[Full Story]

* Standard Chartered ‘Best Retail Bank in Sri Lanka’

Apr 18 (Island) Standard Chartered was awarded the "Best Retail Bank in Sri Lanka" at a ceremony in Sydney recently at The International Excellence in Retail Financial Services Awards 2014 by The Asian Banker and the International Panel of Advisors.
[Full Story]

* Tea Bag plants aim to cut waste

Apr 18 (HW) APET/coir easyGrow Tea Bag plants have been launched by B&Q across all its stores to replace 22,500cu m of polystyrene trays used each year. The tea bags prevent the blocks from drying out and they use a thin-wall plastic tray made of corn starch and coir.
[Full Story]

* Sri Lanka stocks close at 2-1/2-month high; banks in focus

Apr 17 (Reuters) The Sri Lankan share index rose to a near 2-1/2-month peak on Thursday and posted its biggest gain in almost seven weeks with high networth investors buying banking shares on hopes of high profits due to an expected rise in private sector credit in the second half of the year.
[Full Story]

* Sri Lanka targets increasingly MICE

Apr 17 (TDN) BANGKOK- Sri Lanka is slowly emerging as a desirable destination for world travellers, following the return of peace in the last decade. Growing popularity is observed through high growth rates of international travellers:
[Full Story]

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