Jetwing-MMBL spearhead northern revival with Rs. 1b hotel
( Media Release – 5 April 2016 ) Sunday 3 April was a landmark for the historic city of Jaffna, as well as for Sri Lanka tourism. In the wake of cool breeze blowing across the nearby Jaffna Lagoon, President Maithripala Sirisena declared open Jetwing Jaffna, a 55-room star class hotel that has changed the […]
MMBL Pathfinder wins Taiki Akimoto 5S Merit Award
MMBL Pathfinder Group of companies, Sri Lanka was recently awarded the 5S Merit Award for the year 2015, at the Taiki Akimoto 5S Awards Competition for implementing the internationally accepted quality standards. The Taiki Akimoto 5S Awards an annual event organized by the Japan Sri Lanka Technical and Cultural Association (JASTECA) was held at the […]
Lankan, Chinese think tanks form alliance* To strengthen economic, cultural and educational ties
Memorandum for Co-operation between the Chinese People’s Association for Peace & Disarmament (CPAPD) and the Pathfinder Foundation (PF) was signed at a ceremony held at the Cinnamon Grand Hotel in the morning 25th of July 2012. The Memorandum was signed by Ms. Chen Huaifan, Deputy Secretary General of CPAPD and Luxman Siriwardena, Executive Director on […]
Cinnamon Air takes wing from Mar. 15
(News Release – 9 July 2013) Cinnamon Air, a joint venture involving MMBL Leisure Holdings (Pvt) Limited, John Keells Holdings (JKH) and Phoenix Ventures Limited, would take wing from March 15. Saffron Aviation (Pvt) Ltd., will manage Cinnamon Air. The management has invested nearly Rs. one billion and would initially operate with two eight seater […]
Cinnamon Air take-off in end-March
( Media Release – February 03, 2013) Cinnamon Air, the newest entrant to Sri Lanka’s skies, will launch scheduled flights to different locations in Sri Lanka by end March, officials said. The airline is owned by Saffron Aviation (Pvt) Ltd, a joint venture involving MMBL Leisure Holdings Ltd, John Keells Holdings and Phoenix Ventures Ltd. […]
Sri Lanka – China relations on a Strategic Perspective to be mapped out
(Media Release – 24 January 2013 ) The Pathfinder Foundation (PF) carried out a productive business promotion mission to China with establishment the Eminent Persons’ Advisory Council (EPAC) comprising senior personalities from the both countries. This mission was organized at the invitation of the Chinese People’s Association of Peace and Disarmament (CPAPD), a Beijing based […]
Resetting India-Sri Lanka relations: The way forward
( Media Release – 23 January 2013 ) The report of the Indo-Lanka Joint Study Group for resetting India-Sri Lanka relations was released recently. The report was handed to high officials of both the Sri Lankan and Indian Government. The India-Sri Lanka Joint Study Group was set up under a joint initiative of the Manipal […]
Top JV to invest over $ 8 m for Cinnamon Air taxi service
( Media Release – 3 August 2012 ) Saffron Aviation Ltd., a joint venture between John Keells Holdings PLC (JKH), MMBL Leisure Holdings Ltd., and Phoenix Ventures Ltd., yesterday signed an agreement with the Board of Investment (BOI) to establish a domestic air taxi service in Sri Lanka with an initial investment of $ 6.8 […]
Pathfinder Foundation in landmark cooperation between China and Sri Lanka
( Media Release – 26 July 2012 ) A Memorandum for Co-operation between the Chinese People’s Association for Peace and Disarmament (CPAPD) and the Pathfinder Foundation (PF) was signed yesterday in Colombo. The Memorandum was signed by CPAPD Deputy Secretary General Chen Huaifan and Executive Director Luxman Siriwardena on behalf of the PF. The event […]
MoU between Pathfinder Advisory and Feedback Ventures
(Media Release – 07 September 2010) B Ramaswamy, President (Business Development, Southern Region) of Feedback Ventures in India and Bernard Goonetilleke, Chairman of Pathfinder Advisory Services, a member of Mercantile Merchant Bank, signed a Memorandum of understating (MoU) providing for Indian investment in infrastructure development in Sri Lanka. Infrastructure Development Finance Company (IDFC) and Housing […]
