Category: General Services

The local business community is joining country musicians from two continents next month, to raise funds for three-rural schools in Hambantota.Back in a new lquote wild west format, Sri Lankas longest-running country and folk music concert hopes to raise Rs.250,000 to build a reading room/library facility in three selected schools.rn rnThe Sunday Times Business Club […]

A new 210 unit, 21 floor apartment complex is in the making under a Rs. 5 bn Board of Investment (BOI) venture between Hong Kong based Sunshine (Far East) Ltd.and Premier Pacific in Sri Lanka. The Premier Pacific Topaz (Pvt) Ltd., project due for completion in early 2006 has mapped out 16 different layouts ranging […]

A top Sri Lankan bird study group is riding the slipstream of seasonal trends to create awareness and fund their research and conservation efforts.rnrn rn rnrnField Ornithological rnGroup of Sri Lanka (FOGSL) has got involved in developing educational seasonal rngreetings cards featuring Birds. Part of the profits will go towards research rnand conservation efforts.rn rn […]

The Public Enterprises Reform Commission (PERC) on Wednesday said it would call on prospective investors to stake their claim in State Engineering Corp., (SEC) by March 2004. ldblquote The divestiture process will take around 20 weeks and it is expected to call for proposals from strategic investors in March 2004, dblquote PERC said.rn rnThe government […]

Despite an over 90 percent literacy rate, Sri Lanka ironically enough, still ranks among the lowest in the world in terms of access to higher education.rn rnThough 200,000 people sit the A/L exam every year, only about 90,000 qualify and just two-percent actually enter the hallowed halls of learning.rn rnThis is as against regional average […]

Sales of the morning-after pill are soaring at 30,000 packs a month, as lquote Postinor takes over from males reluctant to snap on that condom.rn Only 3.3 percent of males use condoms, with birth control largely geared toward females – an imbalance the Family Planning Association is trying to alterrn rnldblquote Males still think family […]

Prime Colombo land including the Colombo port should be available for private sector developers according to a Colombo City Master Plan to be unveiled soon. The first land to come up for private sector development is however a nine-acre plot in Colombo Fort for commercial development.rn rnIt is not unusual for old buildings to be […]

In the lquote good old days – a by gone era, where kids played with simple toys like paper guns and ran riot in the house chasing a sibling or friend and called it cops and robbers or some war game are over. Times and the technology has changed.Today combat games are played with laser […]

Ahead of World AIDS day on December 1st, the good news is Sri Lankas low AIDS numbers, but the bad news is the countrys high vulnerability to the disease. To stem the tide, the World Bank is considering financing AIDS treatment drugs as part of its ongoing US$ 12.6 mn HIV/AIDS package to Sri Lanka. […]

The Treasury put away its books on Colombo International School (CIS) Monday, after selling its 49 percent stake for Rs. 86.7 mn to Ceyko Projects (Pvt) Ltd.The sale went through on a Cabinet decision earlier in November to sell the entire minority shareholding in CIS to Ceyko Projects (Pvt) Limited for Rs.86,729,465.rn rnOf the Rs. […]

A senior Treasury officialrnsaid Friday, that it would sell 49 percent or 490,000 shares to its currentrnowners, priced at Rs. 86.73 mn per piece.rn A total of Rs. 17.7 mn or 10rnpercent of this will be distributed to its 121 employees on the basis of theirrnindividual entitlement, under an earlier management agreement.rn ldblquote Following protractedrnnegotiations […]

An Indo-Lanka tie up will pump in Rs. 620 mn down Lake Drive in Col., 8 to build 25 fully furnished luxury homes.rnrnThe project will cater to Sri Lankas growing lquote large disposable income population on the look out for serine neighbourhoods to move into. rn rnHallmark Property Co., says each 3000-4000 square foot unit […]