Category: General Services

April 4, 2007 (LBO) – A proposed free-trade deal between Nepal and Sri Lanka could boost trade but analysts say there is more potential for service liberalization. Trade between the two countries is slim at the moment at just 371 million rupees in Sri Lankan exports last year and seven million rupees in imports, compared […]

March 27, 2007 (LBO) – Sri Lanka is still far behind neighbouring countries in carbon trading which has the potential to earn much foreign exchange, experts said. The island can plant indigenous forests and develop alternatives to carbon emitting energy sources to do carbon trading which is still not being used to its fullest extent, […]

March 24, 2007 (LBO) – Sri Lanka and India are to sign ‘Mutual Recognition Agreements’, making it easier for professionals to cross borders when a new services trade agreement takes effect this year. India is the island’s third largest export market, with just under two billion dollars in bilateral trade. India is also the island’s […]

March 23, 2007 (LBO) – Though larger businesses in Sri Lanka are engaging in sustainability reporting, smaller firms are still lagging behind, organizers of a competition said. The ACCA expect the number of competitors to increase in the coming years. The Association of Chartered Certified Accountants (ACCA) says the top 100 companies in Sri Lanka […]

Mar 21, 2007 (LBO) – Sri Lanka’s Ceylino group plans to set a shopping and apartment complex in the heart of Colombo, following Board of Investment approval. . The complex that is to be built in Nawala, will be a joint venture between Ceylinco Seylan Development Limited and Ceylinco Investment and Realty Limited, the group […]

March 20, 2007 (LBO) – Sri Lanka is bracing for a steep rise in milk powder prices, with a drought in Australia pushing international dairy product prices to unprecedented highs. Meanwhile Kotmale says it expects to keep prices below multinational brands by running a lean operation, while prices of its other dairy products made with […]

March 19, 2007 (LBO) – Lining up for ˜good™ jobs coupled with limited access to quality education and training have upped levels of unemployment among Sri Lanka™s youth, a new World Bank study shows. The study shows that youth with GCE Ordinary Level and GCE Advanced Level education are the most unemployed, compared to other […]

March 14, 2007 (AFP) – Sri Lanka banned on Wednesday the use of naked or semi-naked models in advertising, saying it was seeking to protect those offended by public nudity.The Ministry of Cultural Affairs announced the ban through notices in Sinhalese-language newspapers, warning advertisers against the use of unclothed males or females. The ministry statement […]

March 14 (LBO) – Sri Lanka’s health service is now detecting tuberculosis patients faster and the infection rate of the once fatal disease is trending down, officials said.The national program hopes to decentralize treatment centers to better fight the disease where it occurs, Surakkali says. Last year 8,000 new infections had been detected which was […]

Mar 09, 2007 (LBO) – Over 30 Sri Lankan advertising agencies will battle it out for the chilli of the year, at the annual advertising awards for the hottest, most creative ads. The awards ceremony is a joint initiative of the International Advertising Association (IAA) and the Association of Accredited Advertising Agencies (the 4A™s). To […]

March, 08 (LBO) – Sri Lanka is looking for at least two more cargo vessels and was talking to the World Food Program to charter a large cargo aircraft to build a buffer stock of food in the Jaffna peninsular, an official said. “We want to charter two more ships, but foreign shipping companies are […]

March 08, 2007 (LBO) – Sri Lanka has decided to ban women with very young children from working abroad, many of whom leave the country to work as housemaids in the Middle East to support families back home. Mothers migrating for employment affect the emotional welfare of children and should be regulated, Anura Yapa, Sri […]