Category: General Services

Ceylinco Homes International, which managed to sell its Hyde Park Apartment complex in record speed plans to add another landmark to the Colombo skyline.The company plans to put up another luxury apartment block down Galle Road. rn rnThe new venture will be one of the largest, undertaken by the company. rn rnldblquote We are planning […]

The National Chamber of Commerce is organizing an infrastructure trade fair in September, which it hopes will help in the formulation of government policy.INTRAD 2003 hope to attract top government investment and infrastructure agencies and companies in infrastructure development.rn rnThe Chamber says the exhibition will offer a great platform for policy makers and donors to […]

The construction professionals are calling for a national policy to guide the industry and ensure its sustainability.The Chamber of Construction Industry on Thursday said ad hoc and outdated policies were hampering growth and wasting scares natural and human resources.rn rnPresident of the Chamber Surath Wickramasinghe said clear state policies on resource (like rive sand) use […]

DHL Keells Ltd says it has pumped in Rs. 20 mn to revamp its Gateway Operations Centre.Situated at its bonded warehouse in Ja-Ela, the high-tech operation offers close circuit TV cameras, new conveyor systems, computers and a new volumetric measuring device, the firm said in a release.

Nivasiepura, one of the large suburban housing developments in the country, has announced the launch of a new two-storey semi-luxury model to its range in a major enhancement of options to customers.The new model home branded Swan comprises three bedrooms, two bathrooms, living and dining areas, TV lounge, pantry, maids room and toilet, a spacious […]

Companies that are looking closely at employee welfare are also keen to provide a safe working environment.Organisers of the National Safety Awards say spending on safety is not just an expense but an investment that can bring high returns.rn rnOrganizers of the annual event say the number of entrants is growing each year.rn rnThe closing […]

The government has formed a new company to manage fee and fund-based activities of state corporations including the Mahapola Trust Fund.National Wealth Corporation will be a 100 percent government owned entity, but staffed by top private sector professionals, Commerce & Consumer Affairs Minister, Ravi Karunanayake told LBO on Friday.rn rnldblquote With interest rates coming down […]

Colombos only entertainment complex is heading for a wet look, as its new owners make Rs. 1.5 billion investment plans for its future.Apparel giant Excel Global Holdings paid Rs. 100 mn to Link Holdings Limited and the Union Bank for full control of Millennium Park this week.rn rnUnder a first phase development plan, Excel will […]

A World Bank project to revamp tertiary education, pegging university funding to performance for the first time, will be rolled out by May this year.The US$ 43 mn project funded by the World Bank will see the project through its implementation, spread over a five-year period.rn rnSignificant is that universities are now being held up […]

Developers of a new apartment complex say the demand for housing is on the rise with the upturn in the economy.Finance & Guarantee Property Developers say the large number of Sri Lankans returning to the island and the peace process is contributing to the growth in demand.rn rnldblquote Next five to ten years there is […]

Sri Lankas top accounting body gave its budding accountants some tips on how to market themselves in a changing working place.rnAptly titled ldblquote Managing The Rollercoaster, dblquote an engineer, a marketer and three accountants gave a ringside view and tips on how to survive the corporate world of tomorrow.rn rnBank of Ceylons Chairperson, Sumi Moonesinghe […]

The World Bank has decided to lend US$ 60 mn towards revamping university education and creating jobs for unemployed graduates.Around US$ 50 mn will be channelled on restructuring university curriculum to gear it towards more market base courses.The balance funds will be lent to the government sponsored, but private sector run graduate unemployment programme endash […]