Archive for the 'Money Matters' Category

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Reknown Arugam Bay

Published on 26/09/2009 in Blogs, Environmental, front page, Money Matters, people, press coverage, Security & Safety, services and the bay. 1 Comment

…….The Eastern beaches of Sri Lanka, considered some of the worlda??s most beautiful Himcocid syrup price , are now open to the public. The reknown Arugam Bay, Nilaweli and Pasikuda beaches in the East are fully crowded these days with local and foreign tourists. More opportunities have opened up in the tourism sector as well…….

Text of Hon. Prime Minster’s historic speech below:

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Post LTTE scenario and ensuring sustainable peace


Prime Minister Ratnasiri Wickramanayaka

The terrorists ignored our calls. They killed innocent unarmed people. They destroyed the nationa??s resources and created a bloodbath upon our Motherland.

My Motherland suffered from almost three decades of destruction from terrorism. But now we have shown the world that it can be defeated.

The FBI has stated that the LTTE is the worlda??s most dangerous and ruthless terrorist organization. We were able to defeat this organization which falsely built an image that it could never be defeated. Continue reading ‘Reknown Arugam Bay’

7 Star Hotel for Arugam Bay planned?

Published on 22/09/2009 in accomodation, hotels, Money Matters, people and press coverage. 7 Comments
By Dhananjani Silva
The dawn of peace in the north east region has given people an opportunity to freely move around in these once war- ravaged parts of the island.

a??With the end of war, a major change in tourism will take place. There will be a natural influx of people to the country and Sri Lanka will not only become a tourist destination but it will be a place, for instance, like Hawaii or Penang island where people will come and build houses or have apartments,a?? said Prasanna W. Jayewardene, a pioneer in the hotel industry. One of his latest initiatives is a massive hotel development project islandwide including in the north and east.

Turnaround City Hotel

Elaborating on his plans, Mr. Jayewardene who is campaigning to a??rediscovera?? the countrya??s potential to attract 10 million tourists annually within the next 10 years said his mission is to facilitate the building of 10,000 rooms. Under this, he said, a number of hotels and sites will be developed and either sold or operated at different stages. However, the main hotel a??Mudliara?? in Kalpitiya which has 2050 rooms will be retained. a??We wona??t sell this as we want this to be our icon,a?? he said.

Under this project a mixture of both mega as well as small individual projects will be launched in different parts of the island. From small hotels of 10 rooms to large hotels with over 1000 rooms, each will have a different name and concept, Mr. Jayewardene explained.

Turnaround City Hotel, a five star hotel with 50 rooms in Kilinochchi, the five star Sun Ocean in Mullaitivu with 25 rooms, Golden Sands hotel and Turquoise hotel in Trincomalee with 25 rooms each, Whale Watch in Trincomalee with its 25 luxury suites, Rising Sun Beach hotel with its 10 rooms in Batticaloa are some of the hotel projects to be launched in the north and east. The five-star Peninsula, a 50-room city hotel project with full conference facilities in the heart of Jaffna town, will be an ideal meeting place for business people, aid workers and officials, Mr. Jayewardene said. The architects will include many of those who worked on the Elephant Corridor project.

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Prasanna Jayewardene

Also planned are four seven star hotels, in Yala, Trincomalee, Arugambay and Kandy designed exclusively with an up-market international hotel operator, said Mr. Jayewardene who was also the founder and the developer of Elephant Corridor.

According to Mr. Jayewardene, lands for the hotels have been identified and the projects are now in the development stage. Since each project has a different concept they have to be developed individually he said.

Emphasizing that at every stage, Sri Lankans will benefit from this project Mr. Jayewardene said it will give an opportunity for Sri Lankan professionals living abroad to come home and provide their expertise towards the projects.
http://www.sundaytimes.lk/090920/Plus/plus_20.html

Arugam Bay: The surfer’s Paradise

Published on 20/09/2009 in front page, Money Matters and the bay. 1 Comment

From the sun-kissed beaches brimming with a bounty of sea life along the coast, to a veritable ecological museum further inland, Sri Lanka Aravana price in sabarimala

Rarely does one come across adestination that is so close to Indiaand has so much to offer. From the sun-kissedA?beaches brimming with a bounty of sea life along the coast, to a veritable ecological museum further inland, Sri Lanka, has always been one of the more exotic global destinations in this part of the world.

Order cardura uses Arugam Bay Main Point Surf

Arugam Bay Main Point Surf

Brimming with a two millennia old history reflected in the spectacularly well maintainedA?A?world heritage sites (UNESCO) at Anuradhapura and Sigiriya, nestled adjacent to pristine reminders of a colonial era, coloured in a palate that draws from history, mythology and nature, inhabited by people whose spirit of hospitality has few parallels, this vibrant IslandA?Destination has many names – Serendipity, Teardrop of India, Resplendent Isle, Island of Dharma and Pearl of the Indian Ocean to name a few. Continue reading ‘Arugam Bay: The surfer’s Paradise’

Hotspot Arugam Bay

Published on 14/09/2009 in Blogs, Facebook Fan Club: Arugam Surf, From our own Correspondent, front page, Money Matters and services. 6 Comments

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Invest in … Arugam Bay

Published on 19/08/2009 in front page, Money Matters, press coverage and services. 0 Comments
Order colospan

Arugam Bay – One of the World’s Top Ten Surf Spots.

Eastern Coast, Sri Lanka.



Arugam Bay Surf Report and Forecast with lots of photos: magicseaweed.com For photos: Click “View all local photos”

Arugam Bay Information:

https://www.arugam.info/

http://www.arugambay.com/

All is Well. Wells for Arugam Bay

Published on 17/08/2009 in Blogs, front page, Money Matters, people, services and the bay. 1 Comment

PADDLE4Relief holds another fundraising gig at The Aggi, Braunton.

Paddle4Relief Circle

Paddle4Relief Circle

The night will feature headline band The Artists fronted by the charismatic Pascal on lead guitar and vocals; covers and originals from five-piece Tied Lose; a set from 19-year-old singer songwriter Jim Heard as Ashbeck Goes Acoustic; and the acoustic Americana sounds of Douglas E Powell.

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Braunton charity Paddle4Relief is helping to rebuild tsunami affected areas of Sri Lanka. The charity, founded by Tim Tanton, was formed shortly after the 2004 Asian tsunami, and works in the Arugam Bay area of Sri Lanka. Founder, Tim Tanton is heading back to Sri Lanka in September, for three months, to complete a number of projects before the East Coast Monsoon Season hits. This gig will help raise funds for further well projects.

Donation on the door: A?3.50.
The Aggi, Braunton

www.paddle4relief.co.uk

AT Machine for Arugam Tourists

Published on 10/08/2009 in From our own Correspondent, front page, Money Matters, people and services. 4 Comments Tags: , , , , , .
Bank of Ceylon limits ATM transactions in PottuVille to 20K Rs./

Bank of Ceylon limits ATM transactions in PottuVille to 20K Rs./

Automatic Teller Machine @ BoC PottuVille

Automatic Teller Machine @ BoC PottuVille

 Bank of Ceylon opened the refurbished PottuVille branch this morning
Good news for the nearby resort of Arugam Bay!
The first ever ATM machine in the South East! Better still:

It even seems to be working!

More photos from the opening ceremony and same same afternoon, see below:

related articles:
Uptown Top Banking. The Bank of Ceylon’s old, original BoC branch in PottuVille
Take a look at the old, historic ledger photos:

https://www.arugam.info/2006/11/18/uptown-top-banking/

Did YOU know?
The Bank of Ceylon actually HAD one Branch at Arugam Bay. Until 2004. When they simply ‘checked out’ without paying for outstanding rent and damages. Tsunami affected reported at the time, Asian Tribune etc. carried the story:

https://www.arugam.info/2007/05/14/no-more-abay-bank/

a??A Small Miraclea??: a concept gone wrong?

Published on 30/07/2009 in front page, Money Matters, press coverage and services. 2 Comments

Daily Mirror

Daily Mirror

By Cheranka Mendis

Sri Lanka, with the brand new a??Small Miraclea?? label, was set to take on the international market by storm. But itA? is now searching for a new concept to re-position itself. With the launch of the new programme on June 23 amidst all the pomp and blare at the BMICH, it has now been put on hold due to amendments set to be made to the tagline.

Buy myambutol dosage ….Best land in Sri Lanka is the land stretching from Trincomalee to Arugambay….. Zyprexa used for eating disorders Continue reading ‘a??A Small Miraclea??: a concept gone wrong?’

Spectacular Arugam Bay … (Japan)

Published on 28/07/2009 in front page, Money Matters, press coverage and services. 0 Comments

Japan will strengthen and expand trade ties with Sri Lanka in the tourism, fisheries, agriculture and aqua sports sectors.

A Japanese trade delegation recently met Prime Minister Ratnasiri Wickramanayake, BOI and RDA officials and also visited the Agro-Tourism project in Hambantota recently with the newly appointed Consul General for Sri Lanka in Osaka, Japan, D.W. Aluthgamage.

a??The main objective of the visit was to strengthen and expand trade ties between Japan and Sri Lanka in the sectors of trade, tourism, fisheries, agriculture, aqua sports and other fields. Continue reading ‘Spectacular Arugam Bay … (Japan)’

“Arugam”: Asia is takling about A Bay

Published on 26/07/2009 in Blogs, front page, Money Matters, people, press coverage and services. 0 Comments

Cheap clarinex medication Temovate cost Talk of Asia: "Arugam Bay"

Talk of Asia: "Arugam Bay"

Invest in … Arugam Bay!

Published on 16/07/2009 in front page, Money Matters, press coverage, Security & Safety and services. 0 Comments

SL-FlagThe British government has expressed support for the efforts to resettle displaced and the development in Sri Lanka’s north and east.

After a fact finding mission to eastern province, British High Commissioner in Colombo, Dr. Peter Hayes, told BBC Sandeshaya that he was impressed with the improvement in the security situation. Continue reading ‘Invest in … Arugam Bay!’

Tourism: Market Outlook

Published on 13/07/2009 in Blogs, front page, Money Matters, press coverage and services. 0 Comments

Purchase precose and metformin In the sixties, other than the Rest Houses in Hikkaduwa and Bentota, there were no hotels of any standard in Sri Lanka. The Confifi Beach Hotel was the first Star Resort Hotel in the West Coast in Beruwala, followed in 1972 by the Bentota Beach Hotel in Bentota and the Coral Gardens Hotel in Hikkaduwa. Continue reading ‘Tourism: Market Outlook’

A self-contained village in Arugam Bay

Published on 10/07/2009 in front page, Money Matters, people, press coverage and services. 5 Comments

The new management of Industrial Finance Ltd. will explore new opportunities in tourism in the North and East and venture in to many other projects in micro-finance.

a??We focused on the stable background of the company before acquiring it. Since 1962, Industrial Finance Ltd has been engaged in the business and it has an asset base of Rs. 2 billion. We felt that acquiring an old company might have a penetrative effect than a new company. Hence, we wanted to capitalize on Industrial Finance Ltd,a?? Chairman of Industrial Finance Ltd, Upul De Zoysa told Daily News Business.

During a recession, the confidence of customers on finance companies erodes but Industrial Finance Ltd. will work with the Central Bank and create an awareness among the public to invest in regulated bodies. The confidence on finance companies should be ensured by the Central Bank. As a finance company we will advise the public to invest only in registered finance companies, he said.

Industrial Finance Ltd. looks forward to investments in micro-finance, tourism and the pawning sector.

Tourism is the newest sector since we have substantial lands in Arugam Bay in the North-East and Bolgoda in the Western Province. Continue reading ‘A self-contained village in Arugam Bay’

7 ******* for AbaY?

Published on 09/07/2009 in front page, hotels, Money Matters, press coverage and services. 0 Comments

Charumini DE SILVA

PJ Hotels (Pvt) Ltd., will develop a range of hotels and will open four seven star hotels under the brand name a??Our Waya??. Most of the investors are Asians and mainly Indians and Chinese investors will contribute, since they are in the region, as they understand the necessity.

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Prasanna
W. Jayawardene

a??The investment of these hotels is nearly US$ five billion. Through the development of these hotels the GDP and per capita income will grow substantially. The company will open a hotel with 1,000 rooms in Mannar under the tagline a??Northshore Icona??.

These hotels will be constructed with an eco-friendly method and construction work will commence in the next four years.

The target market for the range of hotels is mainly Asians as they have shown a huge interest in exploring Sri Lankaa??, said Chairman, PJ Hotels (Pvt) Ltd., Prasanna W. Jayewardene.

Asia has half of the worlda??s population and it has the fastest growing economies. This population is keen on travelling around the world and Sri Lanka has the potential of attracting more tourists to the country with the dawn of peace.

Sri Lanka as a tourist destination has great potential among investors who are eager to invest in the Northern and Eastern provinces. The coastal lines in these areas are very attractive, as it has not been affected due to the war, which drove the country backwards for three decades.

a??There are possibilities of developing games since tourists will arrive and be a part of it while travelling around the country. The surfing beach in Arugam Bay Menosan online dictionary will capture the attention of many local and foreign tourists. In addition these activities will contribute to increase foreign exchange earningsa??, he said. Continue reading ‘7 ******* for AbaY?’

Arugam. A top designer label. Or just a Flop-Flip?

Published on 03/07/2009 in Blogs, front page, Ideas, Money Matters and services. 0 Comments

Eastern province hotels to be upgraded

Published on 03/07/2009 in Money Matters, people, press coverage and services. Closed Tags: , , .

Harshini PERERA

A.M.Jaufer

A.M.Jaufer

With the dawn of peace the Eastern province is to have more hotels to develop the tourism industry in the country.

Coordinator for Tourism Development in the Eastern Region, A.M.Jaufer said there are nearly 1000 hotel rooms existing in the Eastern province. These hotels are located in Nilaveli, Batticaloa, Lamictal 200 mg price Cheap lukolela Arugam Bay, Passikudah and Ampara. Continue reading ‘Eastern province hotels to be upgraded’