Category: General Services
Opinion : Building the future, infrastructure in ASEAN and South Asia
By Anna Marrs ASEAN and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it for a fact. Roads, railroads, bridges, ports and metros. All this construction is transforming the city centres and areas of economic activity, and the lives of 2.4 billion people. It […]
Foreign relief aid pledged to Sri Lanka after floods
May 30, 2017 (LBO) – Sri Lanka’s official flood death toll rose to 177 on Monday as the island sought international assistance. High Commissioners and Ambassadors from the United Kingdom, United States and Japan met with the newly appointed Foreign Minister Ravi Karunanayake and pledged their support in various forms of relief aid. Japan had […]
Nawaloka Holdings acquires machinery manufacturer & distributor Alcobronz
(Press Release) Nawaloka Holdings, a diversified conglomerate in Sri Lanka recently acquired the leading machinery Manufacturer, Importer and Distributor Alcobronz (Pvt) Limited. With over 40 years of experience in the Woodworks, Metalworks, Dust Management Systems and Aerospace Industries, Alcobronz is one of the largest manufacturers and distributors of machinery in the island. Speaking on the […]
Hemas VAT Reclaim Service helps SL biz travelers recover VAT on travel costs
Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been appointed the official representative for the Cash Back, the VAT reclaim organisation with its Head Office in Switzerland. “Hemas is delighted to have been given the rights to market and sell the […]
China Heavy Machinery Corp to carry out water, sewerage feasiblity
Apr 27, 2017 (LBO) – China Heavy Machinery Corporation is to carry out a feasibility study to identify and implement a reliable water and sewerage sector implementation plan in Hambantota covering the harbor and proposed special industrial zone. Minister of Water Supply Rauff Hakeem said the water supply demand of the Hambantota area will increase […]
Fairway Waste Management says processing facility on schedule
Apr 24, 2017 (LBO) – Fairway Waste Management said its solid waste processing facility, being built in Colombo, was an important step taken recently to tackle Colombo’s solid waste problem. “In the aftermath of the recent unfortunate incident in Meethotamulla, the ‘Waste Free-Clean City’ project in Karadiyana, which has been awarded to Fairway Waste Management […]
J L Morisons to build USD13.5mn drug manufacturing plant
Feb 17, 2017 (LBO) – Sri Lanka’s J L Morison Son and Jones (Ceylon) has resolved to make an investment of 13. 5 million US dollars in constructing a new pharmaceutical manufacturing plant. The company said in a stock exchange filing that this research and manufacturing facility will be located within the SLINTEC Nano Technology […]
SAITM says ready to forge ahead amid protests
Feb 08, 2017 (LBO) – South Asian Institute of Technology and Medicine (SAITM) says they are ready for the rough road ahead and will push ahead despite opposition from students and staff of state universities. “These protests are driven by politics and fear of competition,” Dr. Neville Fernando, founder and chairman of SAITM told reporters […]
Sri Lank plans annual shopping festival for foreign, local shoppers
Feb 03, 2016 (LBO) – Sri Lanka plans to commence an annual shopping festival with the participation of the Sri Lanka Retailers’ Association targeting both foreign and local shoppers. Representatives of companies such as The Factory Outlet, DSI, KPMG, Swarnamahal Jewellers, Hameedia, Singer, Softlogic Retail, Exclusive Lines and Mydeal.lk met with the Minister of Finance […]
Ceylon Cold Stores net up 26-pct in December quarter
Jan 30, 2017 (LBO) – Profits at Sri Lanka’s Ceylon Cold Stores rose 26 percent to 823 million rupees in the December 2016 quarter from a year earlier. Ceylon Cold Stores is a top producer of carbonated drinks, ice creams and has a retail chain. The firm reported earnings of 8. 67 rupees per share […]
Sri Lanka ratifies the ILO Maritime Labour Convention
Jan 16, 2016 (LBO) – Sri Lanka recently deposited the instrument of ratification with the International Labour Office (ILO) of the Maritime Labour Convention, 2006 (MLC, 2006), a statement said. The island is the 81st ILO member State and the 16th Asian State to have ratified the Convention and the MLC, 2006 will enter into force […]
Govt approves water and wastewater investments for Colombo
Jan 05, 2017 (LBO) – Sri Lanka’s cabinet has given the nod for a greater Colombo water and wastewater management improvement investment programme, a statement said. A contract of construction of underground reservoir in Gothatuwa with a capacity of 15000 m3, Gothatuwa pumping station and booster pump station and supply and laying of 1200 mm DI […]