Category: General Services

Sri Lankas two giant industrial zones, Moratuwa–Ratmalana and Ja-Elaemdash Ekela, are in urgent need of a clean up endash in Ratmalana the ground water quality is so poor it cant even be used in garment washing plants without first being treated and certainly cant be used for cooking or drinking.Finitex – a garment washing and […]

Minimum take home pay for workers has been raised to Rs. 3,000 to keep in line with the government sector salary increment.So far, 12 sectors ranging from apparels to security trade have been ordered by the Wages Board to revise their salary structure with immediate effect, Labour Commissioner General, Mahinda Madihahewa said Friday.rn rnThe sectors […]

Laid off workers will not only be paid for past and future service foregone, by employers but will also get a government dole to go home. The government rubber-stamped a compensation formula to streamline worker lay-offs during restructuring, through a gazette notification on December 31, 2003.rn rnldblquote All private sector workers laid off before retirement […]

Capital market regulator SEC is holding back approval of Nawaloka Hospital IPO over the company decision to pre-allocate two thirds of the issue.SEC Director General told LBR they are talking to the company about its intention to pre-place Rs. 200 million worth of shares from its planned Rs. 300 million IPO.rn rnSEC Director General said […]

The Ministry of Labour announced on Thursday, that over 2,500 unemployed graduates are assured of permanent employment within the private sector under its Sarasavi Saviya programme.Sarasavi Saviya, a programme that re-trains and finds placements in the private sector for unemployed graduates, reported that within three months the programme had gone beyond its targets for one […]

The first steps in a million dollar deal to link small and medium entrepreneurs with European markets got off the ground late Wednesday.Initiated by European Industrial Services, the promoters hope to channel in around US$ 50 mn worth of investments through joint ventures or wholly owned subsidiaries.rn rnEuropean Industrial Services (EIS) has tied up with […]

Sri Lanka and Malaysia on Tuesday inked a special pact to allow more blue-collar Sri Lankan workers find employment in Malaysia. The two countries signed a Letter of Intent on Tuesday agreeing to initiate the required back end procedures.rn rnThe Letter of Intent, that follows fast on the heels of a Memorandum of Understanding (MoU) […]

Armed with four of the best, a newcomer research company is preparing to catapult Sri Lanka into 21-century number crunching. Independent Research, the local arm of a recently formed international partnership called Amba Outsourcing, arrived in Sri Lanka in September after checking out possibilities in India, Malaysia and the Philippines.rn rnNow, three months later, the […]

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 […]