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BLOOMBERG: Sri Lanka’s Economy Grows at Fastest Pace This Year

21 hours ago ago from Sri Lanka News Network

Sri Lanka’s economy expanded at the fastest pace this year as the end of a civil war and five-year low interest rates spurred consumer and company spending. Gross domestic product rose 4.2 percent in the three months ended Sept. 30 from a year earlier after gaining 2.1 percent in the previous quarter, the statistics department said in a statement in Colombo today. The benchmark stock index touched a record on speculation a recovery will ...

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INDIA AVIATION: Kumar De Silva returns to Colombo to head up Etihad Airways team in Sri Lanka and Maldives

18 hours ago ago from Sri Lanka News Network

Etihad Airways, the national airline of the United Arab Emirates, has announced the appointment of Kumar De Silva as its country manager for Sri Lanka and Maldives. Based in the capital, Colombo, Mr De Silva, a Sri Lankan national, will re-establish the airline’s office and oversee its operations in Sri Lanka and the Maldives.  Full Story

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