Smoke Sales

June 15, 2007 (LBO) – Sri Lanka plans to set up a carbon fund to promote carbon trading and provide financial as well as technical support for potential project developers, a government minister said Thursday. The concept imitates an ecosystem that produces food and manages the land. Trees and vegetables useful to mankind will be […]

Telemedicine

June 15, 2007 (LBO) – Sri Lanka has equipped a rural hospital with computer facilities and a broadband link to offer patients remote consultation, diagnosis, and treatment through telemedicine, the government information technology agency ICTA said Friday. The project in Kurunegala, in the island’s north-central region, was launched under the Information and Communication Technology Agency™s […]

Medical Thrust

June 12, 2007 (LBO) – The Hemas group is pushing into the hospital sector with a 2.5 billion rupee investment though bottom line growth this year has been hit by a higher taxs, officials said. The group’s 100 bed hospital in Wattala, off Colombo, is expected to be operational by August 2008, while a newly […]

Health South

June 08, 2007 (LBO) – Hemas group a listed diversified group that is in consumer goods, energy, leisure and healthcare said it had acquired a hospital in the southern Sri Lankan city of Galle. Hemas said the privately-owned Southern Hospital will soon be upgraded with new medical technologies. “Hemas Southern Hospitals will, over the next […]

Service Skills

June 06, 2007 (LBO) – Sri Lanka’s freight forwarding industry is setting up an academy to train people with the skills and knowledge required to handle logistics in today’s rapidly growing international trade. Sri Lanka Shippers™ Council, Sri Lanka Apparel Exporters™ Association, Exporters™ Association of Sri Lanka, Import Section of the Ceylon Chamber of Commerce […]

Retail Recognition

June 06, 2007 (LBO) – Retailers that were a just a distribution channel at one time have to be considered as a strategic business partners in driving brands forward in a competitive market, Sri Lanka’s top marketers have said. Retailers are the last point the brands can market themselves and without retailer interest in selling […]

French Link

June 01, 2007 (LBO) – The growing interest in Asia by French businessmen would be supported by the efforts of Franco-Sri Lankan technologists group, the French Agency for international business development has said. “Today, French businessmen are more and more interested in developing countries and, as such, in Sri-Lankan potentially growing economy,” Jacques Dasset of […]

Online Cusdecs

June 01, 2007 (LBO) – Sri Lanka’s Board of Investment has cut down export document processing time by starting an internet-based system to submit information, officials said. The Board of Investment operates several export processing zones where investors have special facilities to make it easier to import raw materials and export finished products. The new […]

Hospital Sale

June 01, 2007 (LBO) – A private Sri Lankan hospital is offering to sell a prime property in a posh residential suburb of Colombo ahead of a move to a new location. The hospital share closed up one rupee at 38 rupees on Friday. Asha Central Hospital has offered its current 291-perch land in Horton […]

Retail Takeover II

May 23, 2007 (LBO) – Listed firm Khsatriya Holdings said it had reached a deal with the owners of Kings Super retail chain to purchase its assets and brand name, which will add a billion rupee business to the firm which is building a diversified group. King™s Super chain of supermarkets has been operating for […]

Dot Mobile

A Colombo city guide on the internet, available on mobile phones, that offers useful services and shopping was launched this week.Billed as a ‘city guide in your hand’, colombocity.mobi (pronounced DotMobi) is a new development of made-for-mobile internet sites. The local site was launched by Infotechs in association with content providers like ‘Living’ magazine with […]

Security Hit

May 23, 2007 (LBO) – Alpha Airports, a UK firm which owns and operates the duty free liquor franchise at Colombo airport has warned of a downturn in business in a stock exchange filing. The company whose parent is listed in the London Stock Exchange said its airport retail stores in the UK grew 8 […]

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