Category: General Services

Ten flood damaged rural health centres in the Matara district were reopened for patients on Thursday, with a US$18,000 USAID aid injection for rehabilitation. The rehabilitation of the health centres were initiated by a US$ 18,000 grant to the SouthernProvince Health Sector Authority of Matara, a US Embassy statement said.rn rnThe grant also provided for […]

As a last ditch attempt to preserve dwindling water reserves, the Colombo Municipal Council (CMC) rolls out a pilot project on Thu. to fix a meter on each City toilet.A senior CMC official said that: ldblquote Given the huge wastage of treated, drinking quality water in Colombo city being used to flush toilets with, dblquote […]

Old age is catching up with Sri Lanka but taking it slow and easy in comfortable retirement is just not an option available to this islands 19 million people. Sri Lanka needs to post 10 per cent economic growth over the next 15 years to nurse its fast aging population.Sri Lankas lost years of economic […]

Sri Lanka is drumming up support for an annual regional export sector exhibition, kicking off its campaign with a 4-day local event in November 2004. A regional event is expected to foster greater inter-Asian trade and push down trade barriers, while giving local exporters an opportunity to attract regional investment partners.rn rnThe South Asian Association […]

The HSBC Group on Friday finalized plans to pump in US$ 25 mn to set up its seventh group service centre in Sri Lanka, generating over 2000 jobs. The call centre will be the largest such project in the country taking Sri Lanka into the big leagues of Business Process Outsourcing (BPO).rn rnThe project is […]

Sri Lankas national accounting body is pumping more money into spreading the gospel of good accounting practices throughout the country.The Institute of Chartered Accountants of Sri Lanka (ICASL), the countrys auditing standard setting body, will spend millions of rupees this year to improve its educational services.rn rnAs it is, the institute caters to a student […]

The advertising industry is riding the spending wave from the last two years of economic growth and the SLIM awards organisers are looking at maintaining momentum despite new food advertising regulations coming in on April 1st.Advertising agencies say that most clients loosened budget strings last year and became more adventurous with advertising messages and methods […]

Although once lucky with SARS and twice lucky so far with the Avian Flu the next outbreak of a new infectious disease could push luck beyond its limits – but at this point Sri Lanka has very little but luck to count on.Sri Lanka is a high-risk candidate for foreign infectious diseases but the countrys […]

A new law to label food items gets activated from April 1, giving traders barely a month to redesign their packaging materials.April is certainly looking to be an eventful month for the local business sector.rn rnOn top of general election mayhem and disruptive New Year work breaks, everyone in the business of putting food on […]

The government will amend its newly minted labour retrenchment formula to raise the maximum compensation ceiling from 30 to 50 months of salary.rnrn The new ceiling will apply to all firms with a net profit of more than Rs. 100 mn and governed by a collective agreement, Labour Minister Mahinda Samarasinghe said Thursday.rn rnThe changes […]

Koreas Myunghim Lanka (Pvt) Ltd has signed up to build a US$ 18 mn township development project in Kalutara.The Board of Investment says the 100 percent South Korean investment will be spread over three-years, to give the Kalutara town a face lift.rn rnThe project would evolve in eight phases. rn rnFirst a Public Market with […]

Nawaloka Hospitals says it is forced to nurse a Rs. 85 mn in debt and interest payments as its initial share issue gets delayed due to political theatrics.The hospital, which enjoys a healthy Rs. 125 mn in revenues per month, was hoping to raise Rs.300 mn through an initial public offering.rn rnNawaloka Hospitals (Pvt) Ltd, […]