Category: General Services
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 […]
Trade Ties
May 22, 2007 (LBO) – Sri Lanka and the Maldives plan to set up a bilateral business council this week to promote trade and investment between the two countries, the Ceylon Chamber of Commerce said Tuesday. The Maldives is Sri Lanka’s the third largest trading partner in south Asia with the trade balance being in […]
Retail Takeover
May 22, 2007 (LBO) – Listed firm Kshatriya Holdings said it had reached a deal with the owners of Kings Super retail chain to purchase its assets and brand name. . “The total consideration is linked to the valuation of the assets,” Kshatriya Holdings said in a statement to the Colombo Stock Exchange. “Kshatriya Holdings […]
Copy Not
May 18, 2007 (LBO) – Sri Lankans are still not aware of the gravity of copyright violations, according to Viinod Nair, representative of top photo agency Getty Images, which has just entered the local market. Nair is president of sales marketing and strategy for Visage Media Services, based in Hyderabad, India which has tied up […]
Hot Chillies
May 14, 2007 (LBO) – International judges marking creative works for Sri Lanka’s Chillies advertising awards have been so strict on maintaining high standards that there were no winners in some categories. “Next year’s steering committee will without doubt deliver an event that is even better than this year’s. There are learnings from this year […]
High Standards
May 13, 2007 (LBO) – The Chillies advertising awards in Sri Lanka finished Saturday with no winners among the finalists but Triad Advertising agency clinched two gold awards, unofficially making them the winners. The statement said Leo Burnett was able to win awards across a wide range of categories for a diverse group of clients, […]
Getting Warm
May 8, 2007 (LBO) – Sri Lanka’s advertising fraternity is kicking off a week long fest in the run up to the Sri Lanka Advertising Awards, the Chillies 2007, its organizers said. It would be held under the theme ˜Insightful Insights™, followed by a party at H20. To be held on May 12 at the […]
More Protection
May 6, 2007 (AFP) – Sri Lanka is to tax film producers who use foreign stars in a move to protect its own movie market and combat cheaper imported labour from India, an industry official said Sunday. Domestic film makers who use foreign actors in a lead role will have to pay 250,000 rupees (2,400 […]
