Modernized Colombo Racecourse open for public

Secretary Defence and Urban Development Mr. Gotabaya Rajapaksa attended the Opening Ceremony of the renovated Colombo Racecourse on 20th October 2012. Hon Minister of Economic Development Hon Basil Rajapaksa graced the event as the chief guest. Hon Minister, Basil Rajapaksa ceremonially declared open the mini stand and unveiled a plaque. Thereafter the Secretary Defence joined … More Modernized Colombo Racecourse open for public

Sri Lanka tourism needs 22,500 more rooms

Sri Lanka’s lucrative tourism industry would require an addition of 22,500 rooms during the next five years to achieve the government’s target of attracting 2.5 million tourists by the year 2016; a recent research report has projected.  This report published by IIFL Institutional Equities states that therefore the future growth in tourism will hinge on … More Sri Lanka tourism needs 22,500 more rooms