Lanka’s all out effort for iifa reflected in cash

[Dharatha]

The much publicized iifa celebrity show was concluded -- with an unexpected additional tab being a Rs 220 million facility from the Bank of Ceylon at 14% interest. Sri Lanka Tourism has spent well over the budget and had to opt for the loan in order to make ends meet.
Rs. 43 million was spent on the gigantic hi-tech stage and renovation of the Sugathadasa Stadium for the IIFA awards ceremony last evening.
The glamorous fashion show held on Thursday at the BMICH cost nearly Rs 40 million rupees, and Rs. 10 million was spent on beautifying the city of Colombo for the event.
Renowned Wizcraft which hosted the IIFA show received a thumping USD 200 mn from Sri Lanka Tourism with an agreement to credit them an additional 50% of the revenue earned from the event at the end of it. While the Tourism Development Levy (TDL) for Sri Lanka Tourism Promotion Bureau constitutes 70% of the total budget for tourism, which amounts to a staggering Rs 700 mn annually, Sri Lanka Tourism has agreed to settle the IIFA loan to BoC as soon as they “get their cash.’’
Meanwhile, it is revealed that the Rs 250,000.00 tickets were not slashed to Rs 25, 000 and Rs. 50, 000 for the awards ceremony, as reported elsewhere in newspapers, but that the organizers sold these ‘newly created’ tickets at the rear end of the stadium in order to attract more crowds.
According to sources in Sri Lanka Tourism, all tickets ranging from 2, 500 USD, 3000 USD and 10, 000 USD were sold but reliable sources reveal that those high priced tickets were not sold as expected but released at concessionary promotional rates at the last minute.​

 

[Kasem]

කොහෙන්ද මේ තොරතුරු..

 

[coolsoul_k]

so it's another white elephant for SL

 

[b squad]

sadde witharai wage

 

[Dharatha]

කොහෙන්ද මේ තොරතුරු..

http://www.lakbimanews.lk/news/laknew2.htm

so it's another white elephant for SL

harsh reality mate​

 

[Hayao]

Oh

 

[Dharatha]

sadde witharai wage

Oh

​

 

[nismok]

4 million US dollars have spent on IIFA

http://in.reuters.com/article/idINI...ia_ow=t0:s0:a49:g43:r1:c0.500000:b34618090:z0

 

[Dharatha]

4 million US dollars have spent on IIFA

http://in.reuters.com/article/idINI...ia_ow=t0:s0:a49:g43:r1:c0.500000:b34618090:z0

4 millon U$ = whooping 4000 million SLR rupees​

 

[nismok]

4 millon U$ = whooping 4000 million SLR rupees​

 

[b squad]

we host the iifa very well that gratitude goes to the govt and all the announcers..and the artists but some selfish indians let down colombo thats a shame....and we respect the stars who represented iifa and participated here...

 

[anuru_1]

Meanwhile, it is revealed that the Rs 250,000.00 tickets were not slashed to Rs 25, 000 and Rs. 50, 000 for the awards ceremony, as reported elsewhere in newspapers, but that the organizers sold these ‘newly created’ tickets at the rear end of the stadium in order to attract more crowds.

 

[diamonddrago]

LMAO....major events like these always cost money.....

take the Chinese Olympics...etc etc.....they went over budget several times...and took many loans...still now China is currently the world's super power....

it always returns the profits pretty soon as tourism increases....

this is not coz i am supporting the govt....but normal common sense....

 

[b squad]

LMAO....major events like these always cost money.....

take the Chinese Olympics...etc etc.....they went over budget several times...and took many loans...still now China is currently the world's super power....

it always returns the profits pretty soon as tourism increases....

this is not coz i am supporting the govt....but normal common sense....

i tht ur supporting the unp

 

[sali07]

LMAO....major events like these always cost money.....

take the Chinese Olympics...etc etc.....they went over budget several times...and took many loans...still now China is currently the world's super power....

it always returns the profits pretty soon as tourism increases....

this is not coz i am supporting the govt....but normal common sense....

meken lankawe prathirupaya loke issahara sahena wedi una e wage dewal mila karanna ba mama hithana widiyata

 

[ac2000]

 

[shanaka perera]

modayooooooooo weyadama 450millons

adayama 4000millons

 

[coolsoul_k]

LMAO....major events like these always cost money.....

take the Chinese Olympics...etc etc.....they went over budget several times...and took many loans...still now China is currently the world's super power....

it always returns the profits pretty soon as tourism increases....

this is not coz i am supporting the govt....but normal common sense....

lmao back to u mate. were u in right mind when u compare china to sl. why don't u compare the economy and resources of both countries and the yearly revenue for instance.

as a person who's in the tourism biz i know that this won't be a big booster for industry of tourism. SL never NEDD A BOOSTER. tourists have always come even when the war was going on. on january SL became the most desired place in world.

 

[chriela]

katahawa mekada ehenam????????

 

[diamonddrago]

lmao back to u mate. were u in right mind when u compare china to sl. why don't u compare the economy and resources of both countries and the yearly revenue for instance.

as a person who's in the tourism biz i know that this won't be a big booster for industry of tourism. SL never NEDD A BOOSTER. tourists have always come even when the war was going on. on january SL became the most desired place in world.

lol...even being in the tourism business you seem to know so little.....

i my friend used to be in the imports and exports business...went to alot of countries back in those days....

when compared to those countries we get little or no tourists....

do you know the main selling point of sri lanka....cheap....

sri lanka is a vacation spot for lower middle class of the world....i based this off the people i met in my travels....

and one of the leading cause of this is that sri lanka had bad press about it in the rest of the world.....even in Malaysia there is a 24/7 news station dedicated to spreading LTTE propaganda against sri lanka....

and ppl actually believe those things.....many a cab driver has questioned in when they learn i was sri lankan in that way....

so you see.....the tourists sri lanka is seeing right now are but the tip of the ice berg.....the cheap variety....

if lanka had better press we would get better class of tourists.....

and what better way than to show that India believes in us....and shows the south Indians "the major propaganda machine against sri lanka right now" is not taken seriously even in India.....