Business and Economics
Cinnamon Air launches daily domestic flights

Cinnamon Air (www.cinnamonair.com), Sri Lanka’s premier domestic airline, gears up to meet the demand for domestic air travel this Winter (Northern Hemisphere) by introducing their latest daily scheduled flight routes from Sigiriya and Kandy to Sri Lanka’s Southern coastal cities, Hambantota(also serving Yala), Koggala (also serving Galle) and Dickwella (also serving Tangalle).

Effective from December 15, 2019, these daily scheduled flights will enable travelers in and around the cultural triangle and in the hill country of Sri Lanka to fly to the South expeditiously in less than 45 minutes, compared to travelling approximately 6-8 hours by road, allowing such tourists more time to explore and unwind at the tranquil coasts before they return.

All Cinnamon Air scheduled flights operate in code share with SriLankan Airlines, consequent to which they are also be available for sale throughout the SriLankan Airlines network and all Travel Agents around the world via Global Distribution Systems, under a “UL” designated flight number.
Lanka just 19.6% behind last year’s tourist arrival

The total number of international tourist arrivals to Sri Lanka during November 2019 was 176,984. In comparison to November last year, there was a decline of 9.5% when the arrivals were 195,582.

This month, the largest source market for tourists was India followed by Germany and China. Almost 90% of tourists travelled by air to Sri Lanka.

As of November 30, 2019, 1,672,039 of tourists had visited Sri Lanka for this year. It is a decline of 19.6% over last year when 2,08,0,627 of tourists had visited the country during the same period.

However, Sri Lanka saw a 70.8% significant drop in arrivals last May due to Easter Sunday Attacks and gradually it has decreased to 9.5% by November which is a promising sign for Sri Lanka Tourism.

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Landmark Sino- Lanka agreement in export promotion

In a landmark development aimed at fostering Sino- Lanka trade ties, the Colombo based International Business Council, (IBC) has come to an international agreement with the China- based China-Kunming Exhibition and Trade Centre of South Asia and South East Asia Import Commodities Trading Co. Ltd.(YMCI)

“This is the first time that any Sri Lankan Trade Chamber has teamed up with any overseas trade partner in such a pioneering venture, IBC has teamed up with and it would give Sri Lanka’s business and especially exporters leverage right across Asia, IBC President Kosala Wickremanayake told the Daily News Business.

“This is an extension of China- South Asia Expo. The trade Centre project is of great significance for deepening China’s open cooperation and mutual benefit to South and South Asian nations. The Centre is working hard to develop the everlasting China- South Asia Expo into a globally oriented cooperation platform for extensive consultation and joint contribution for shared benefit with Unan Province, the IBC President said.

Wickremanayake, himself a former President of the Federation of Chambers of Commerce and Industry in Sri Lanka (FCCISL) and a former Vice President of the SAARC Chamber of Commerce and Industry (SCCI) told this newspaper “This idea is a great idea which is aimed at connecting China with South Asia and South East Asia based on the One Belt- One Road concept which will also increase connectivity for the Sri Lankan exporters,”

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