Category: General Services

KANDY, Sri Lanka, Dec 2, 2007 (AFP) – Muttiah Muralitharan equalled Shane Warne’s world record tally of 708 wickets as Sri Lanka sent England crashing in the first cricket Test here on Sunday. The off-spinner grabbed 4-30 in 23 overs as England, replying to Sri Lanka’s modest 188, slumped to 186-6 by tea before heavy […]

Dec 01, 2007 (LBO) – Sri Lankan entries to the Chartered Institute of Management Accountants (CIMA) global awards held in London have won big, with two firms and a popular tutor walking away with top marks. Clancy Peiris from Wisdon Business Academy won the award ‘Tutor of the Year,’ at the CIMA Financial Management Awards […]

Nov 28, 2008 (LBO) – The Asian Development Bank is helping upgrade Sri Lanka’s troubled tertiary and secondary education system with an 80 million dollar funding package, the regional lender said Wednesday. Sri Lanka’s universities have been churning out graduate misfits by the thousands who are agitating for free jobs in government as they do […]

Nov 27, 2007 (LBO) – The World Bank and United Nations are asking for ideas to develop regional campaigns to end the stigma and discrimination faced by HIV and AIDS affected people in South Asia. “Stigma and discrimination seriously undermines efforts to fight HIV and AIDS,” said Praful Patel, World Bank Vice President for South […]

Nov 23, 2007 (LBO) – A manufacturing industry group has organized a forum on Sri Lanka’s monetary developments in a bid to understand what could happen in the future. “Many business enterprises are unsure about the future and wish to understand future scenarios in order to plan their future strategies, take advantage of possible opportunities […]

Nov 22, 2007 (LBO) – Amba Research, a specialised investment research outsourcing firm with offices in Sri Lanka said it had been short-listed for an award program run by the Chartered Institute of Management Accountants (CIMA) and the Financial Times newspaper of London.The CIMA Employer of the Year award had been previously won by firms […]

Nov 19, 2007 (LBO) – British fashion queen Jane Shepherdson is planning a new venture, the former Topshop brand director said on a visit to Sri Lanka, which is fast becoming a centre for high-end apparel manufacture. “I™m planning to start a new business soon, that is all I can say, she told LBO. Shepherdson […]

Nov 16, 2007 (LBO) – A Sri Lankan construction industry trade mission to the Middle East has managed to secure work in the booming Arabian Gulf construction industry, officials said. The visit to Qatar and Dubai by members of the Chamber of Construction Industries (CCI) was arranged in an effort to export local construction skills […]

Nov 06, 2007 (LBO) – Sri Lanka’s Hatton National Bank is sending local farmers to India to study agricultural practices and learn new techniques, officials said. The farmers, who are customers of 12 HNB branches hail from agricultural centres like Dambulla, Trincomalee, Vavuniya, Tissamaharama, Gampaha and Nuwara Eliya. “This is to encourage farmers to be […]

Nov 02, 2007 (LBO) – A Sri Lankan media management and marketing services company, has tied up with a UK firm to offer retail design and research to optimize revenues, officials said. Vanguard Management Services has tied up with Shopworks, a UK consultancy which has worked with retailers like Tesco, Carrefour, Wal-Mart as well as […]

Nov 02, 2007 (LBO) – Sri Lankan conglomerate Hemas Holdings has reported a sharp fall in net profit for the September quarter as high inflation erodes consumer spending and high interest rates make borrowing for investments more costly. Group net profits fell 44 percent to 166 million in the second quarter ending September 2007, according […]

Nov 01, 2007 (LBO) – Tariff preferences available under European Union market access concessions are a ‘blank cheque’ for Sri Lankan exporters to penetrate sophisticated markets, trade officials said. Director of Commerce Kulatunga Perera said the EU’s Generalised System of Preferences Plus scheme will be reviewed in 2008 and that he was confident Sri Lanka […]