Category: General Services

July 23, 2014 (LBO) – Subway, a US-based fast food franchise which launched in Sri Lanka this week is planning a 30-store chain in the island over the next five years, officials said. “All we see is an aggressive growth plan for Sri Lanka, it™s up to the local entrepreneurs to join with us for […]

July 22, 2014 (LBO) – Alpesh Shah, a Senior Partner and Managing Director of the Indian Unit of the Boston Consulting Group, will address a business forum in Colombo in August.Ceylon Chamber of Commerce said Shah will speak at the upcoming ‘Sri Lanka Economic Summit’ on the topic of ‘Colombo as a Financial Hub at […]

PARIS, July 10, 2014 (AFP) – A prototype vaccine for dengue that two years ago yielded lukewarm results has proved more effective after wider trials and is a potential arm against the disease, researchers said Friday.Devised by the French pharmaceutical giant Sanofi Pasteur, the so-called CYD-TDV vaccine provided only 30 percent protection against the dangerous […]

June 25, 2014 (LBO) – Villa College, a Maldives-based higher education institute, is setting up an arm in Sri Lanka which will be developed into a residential campus, the state investment promotion agency said.The BOI which gives tax breaks and investment approvals had signed an agreement with Ahmed Anwar, Rector of Villa College and Chief […]

June 11, 2014 (LBO) – MindShare Sri Lanka, a GroupM agency, said it had won silver at GoaFest2014 for an advertisement of Sunlight, a product of Unilever. The advertising festival is organized Advertising Agencies Association of India (AAAI) and The Advertising Club. Mindshare Sri Lanka, had won Silver in the ˜Best Integrated Campaign for the […]

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 […]