Category: General Services

Set up two months ago, the Authority is already being flooded with business. Strange, spiritual and otherwise; Most of the business though, is on price and unfair services.rn rnJust last week the CAA flexed its muscle and shot down a request by Shell Gas to jack up the cost of a LPG cylinder by Rs.19.00 […]

The Labour Ministry will tap into a pool of Rs. 6.5 bn in dormant EPF monies, for seed capital to set up an Unemployment Insurance Fund for retrenched workers.ldblquote The Rs.3 bn fund will be topped up with an employer contribution of 0.15 percent and employee contribution of 0.1 percent on the last drawn salary […]

A US$ 1 billion housing project is being cemented to construct 100,000 homes, with the three locations already short listed for development. Amona Peace Development Private Limited, the BOI joint venture between Amona Sdn Bhd., and a Lankan entrepreneur will initially develop a 720 unit apartment complex at an estimated cost of US $ 10 […]

A Sri Lankan undertaker that launched a luxury funeral service for those seeking a prestigious and safe final journey is offering the deluxe package for weddings too, a press report said Sunday.The funeral firm which imported one of the worlds safest cars to drive the dear departed to the final resting place is also hiring […]

S M Tennakoon, a senior public official has been appointed as Chairman to the new Welfare Benefits Board.Tennakoon functioned as the Government Agent in Matale and Kandy Districts and served later as Secretary to the Ministry of Mahaweli Development. rn rnThe Finance Ministry says Tennakoon will also function as the Boards Commissioner.rn rnOther Board members […]

Fraud, mismanagement and a lack of funds is driving the Fisheries Harbour Corporation to the brink of extinction. rnrnThe Corporations financial statements for 2002 reveal that it is struggling to generate even up to 50 percent of its recurrent expenditure from its operations. rn rnIn addition, gross misappropriation of funds, other irregularities in its accounts […]

Jayaratne VIP Services (Private) Limited this week launched its upmarket service with a two-page colour advertisement announcing the “prestigious” send-off with pomp and pageantry.rn rnThe dead would be driven in one of the worlds safest cars, a brand-new Volvo, while the bereaved can ride in a smaller Volvo S-80. rn rnThe custom-built black Volvo hearse, […]

State side educationalists could soon receive tuition from private sector firms on what the industry needs from the university system. rnThe project builds on the success of a private sector driven mentoring effort for university students, helping them acclimatise to the sector. rn rnThe initiative will expose state side educationalists to the culture, workings and […]

Ceylon Hospitals Ltd., the owning company of Durdans Hospitals, plans to use some of its IPO proceeds to expand its satellite labs.The hospital is raising Rs. 240 mn this month to retire some debt, add another 27 beds and put in new state-of-the-art equipment.rn rnThe hospital is offering 4.5 mn voting shares at Rs. 25 […]

Kicking of January 2004, state sector employment policies will be rewritten to drill in productivity and efficiency. The US$ 3 million World Bank funded Public Administrative Management Programme(PAMP) will install a set of new processes, procedures and mechanisms that will govern all subsequent recruitments, transfers, promotions and employment terms and conditions.rn rnThe Ministry of Public […]

Ceylon Hospitals Ltd., the owning company of Durdans Hospitals, got stock exchange approval Thursday to raise Rs. 240 mn through an initial public offering.The hospital is offering 4.5 mn voting shares at Rs. 25 and 6.375 mn non-voting shares at Rs. 20 each to the public this month.rn rnListed on the main board, Durdans will […]

This year 78 companies are taking part in the National Safety Awards. Not all of them win awards. But organizers say by merely taking part these companies create a safer working place for their employees.rn rnAuditors from the National Safety Awards have already started grilling short listed applicants.rn rnCeylon Cold Stores is one of the […]