Category: General Services

Oct 04, 2007 (LBO) – The boom in civil aviation especially in the Asian region is opening up vast opportunities for professionals, especially in engineering, in Sri Lanka, a senior airline official said. Eardley Abayaratna, manager, technical services of the engineering arm of the national carrier Sri Lankan Airlines, said the rapid rate at which […]

Sept 28, 2007 (LBO) – Five traits described in Buddhism which do not help achieve goals in life are also well suited for business and management, a top Sri Lankan management professional said. Restlessness, arrogance, procrastination, indulgence and doubt are traits that cloud one’s mind and judgment when trying to achieve goals. “These five are […]

Sept 27, 2007 (LBO) – Exporters of ‘vanaspathi’ vegetable oil to India have called on Sri Lanka to remove a 25 dollar per tonne levy on raw material imports, if the industry is to survive. India has already imposed a quota for the product, to protect a domestic industry. Vanaspathi a type of hydrogenated vegetable […]

Sept 27, 2007 (LBO) – Sri Lanka and Australia are tying up to start professional courses for customs men in the island and the South Asian region, officials said. Sri Lanka’s Postgraduate Institute of Management (PIM) and the University of Jayawardenepura is linking with the Centre for Customs and Excise Studies (CCES) at the Canberra […]

Sept 26, 2007 (LBO) – A new Sri Lankan apartment developer says there is unmet demand in niche markets, though high interest rates from an expanding budget deficit have started to affect the overall property market. “There is a demand for quality apartments. One should stick to niche markets,” Gishanka De Silva, director DGS Holdings […]

Sept 25, 2007 (LBO) – The deadline for the repatriation of Sri Lankans working illegally in Oman without being fined ends on September 30, the Foreign Affairs Ministry said Tuesday. It said in a statement that relatives of workers in Oman without valid visas have been asked to inform their family members without delay of […]

Sept 18, 2007 (LBO) – India’s Competition Commission is moving against an alliance of shipping lines which control most of the cargo shipped from south Asia, including Sri Lanka, to Europe but which shippers have accused of acting like a cartel. The India-Pakistan-Bangladesh-Ceylon Conference (IPBCC), one of the oldest shipping conferences in the world, controls […]

Sept 16, 2007 (LBO) – Sri Lanka’s newest hospital firm, a part of the Hemas group, is raising capital via a private placement, with their first hospital on track to be opened next year. Hemas Holdings Ltd is one of Sri Lanka’s top conglomerates with a focus on five key sectors – FMCG, Healthcare, Transportation, […]

Sept 15, 2007 (LBO) – India’s envoy in Sri Lanka urged the island’s business community to overcome reluctance to open the services sector in trade talks between the two countries, especially the movement of people. . India’s economic growth was accelerating faster than had been forecast, creating skills shortages that Sri Lankan companies were well […]

Sept 11, 2007 (LBO) – Diversified company Ceylinco Sri Lanka opened its health centre, equipped with Sri Lanka’s first linear accelerator to deliver modulated radiation therapy for cancer patients, Tuesday. “Each year, around 11,000 patients are identified having cancer in Sri Lanka. At least half of the number needs radiation therapy,” Dr Sarath Abeyakoon, medical […]

Sept 09, 2007 (LBO) – Trade analysts say that Sri Lanka should make the most of existing trade deals like the Bay of Bengal Initiative before negotiating more bilateral and multilateral agreements. Japan has played a big role in enhancing Sri Lanka™s infrastructure and is a major investment partner in the services sector. Sri Lanka […]

Sept 07, 2007 (LBO) – Sri Lanka’s Hayleys conglomerate is setting up its own freight forwarding operation under a new brand name in India after parting company with its joint venture Indian partner, company officials said. “We’re doing it on our own without any partnership,” an official said. “We’re setting up a new operation – […]