Category: General Services

June 03, 2014 (LBO) – Allianz Lanka, a unit of Germany’s Allianz said it will select two young football players for a training camp in Germany with Bayern Munchen club, for the second time. In addition to 50 brand offices, applications are also on www.allianz.lk, which have a deadline of June 25, the company said. […]

Over the course of five years since the end of the war, Sri Lanka has embarked on an ambitious physical infrastructure drive, with the aim of taking advantage of the country’s strategic geographical location. With its close proximity to major international shipping lanes and to the Indian subcontinent, Sri Lanka can be positioned as a […]

May 27, 2014 (LBO) – Sri Lanka has started testing mathematics e-learning programs in the country’s school system to decide whether such courses should be used throughout the country, the Asian Development Bank said. Sri Lanka has a state-run school system with a centralized curriculum, and the Asian Development Bank. Courses from Khan Academy, a […]

May 21, 2014 (LBO) – Sri Lanka’s LBR-LBO Brand Summit kicked off Wednesday with international and regional experts and practitioners from top corporates in the island participating. The speakers represent a wide range of industries: financial services, hospitality,FMCG, communication, research, consumer durables, technology and export manufacturing, and are from leading local companies and multinationals. These […]

May 16, 2014 (LBO) Senior corporates leaders and marketing professionals from Sri Lanka and the region will come together at a one day conference in Colombo this month to share their expertise and experience as disruptive digital technologies change rules of brand building.Digital technologies are influencing the tastes and preferences of consumers, and are fast […]

May 16, 2014 (LBO) – Singer (Sri Lanka) Plc, a consumer durables retailer said there was a pick-up in demand in the March 2014 quarter thought economic conditions were still sluggish and installment collections were difficult. “This leaves us with optimism that there will be a double digit growth in the 2nd quarter of 2014 […]

May 08, 2014 (LBO) – Nestle Lanka Plc said profits rose 20 percent from a year earlier to 1.1 billion rupees in the March 2014 quarter with revenue gains helped by exports coconut milk powder.In the March quarter the firm had launched cold beverage vending machines that which dispense Nescafé ice coffee and Nestea ice […]

May 08, 2014 (LBO) – Adfactors PR, an India based public relations firm that has a strong focus in financial and corporate communications has set up an office in Sri Lanka. The Sri Lanka unit will be headed by Rezani Aziz, who was formerly Head of Corporate Affairs at Standard Chartered Bank and the Chief […]

COPENHAGEN, April 20, 2014 (AFP) – A Danish website is turning private homes into take-away restaurants by letting users advertise what they are cooking, when and for what price.“Sometimes I only put one serving up for sale, sometimes up to 20. It depends on what I’m making and how much time I have,” said Ana […]

Apr 18, 2014 (LBO) – The founder of a 40 million US dollar Sri Lanka based precision tech company whose entry in to the automotive supply chain epitomizes persistence said he was helped by cultural interaction and trust.He said his knowledge of the Japanese language and culture also helped him break into the automotive supply […]

Mar 24, 2014 (LBO) – Sri Lanka’s HSBC said it was giving a boost to fashion retailing with 30 top retailers giving credit card discounts and a ‘fashion hawker street’ ahead of upcoming traditional New Year holidays. The ‘HSBC Fashion Festival’ kicks off on March 24 with starting with retailers Arugambay, Abstract, Brands Warehouse, Brands […]

Feb 13, 2014 (LBO) – Profits at Sri Lanka’s Odel Plc, a fashion retailer fell 40 percent to 46.0 million rupees in the December 2013 quarter from a year earlier, amid weaker sales and narrower margins, interim accounts showed.The firm reported earnings of 17 cents per share for the quarter. In the nine months to […]