Clear Message

PARIS, September 4, 2013 (AFP) – Big anti-smoking messages on the front of cigarette packets may help deter youngsters tempted by tobacco but have little effect when they are on the back of the pack, research has found. Touching on a subject that has stirred controversy in countries where pro- and anti-tobacco lobbies are fighting […]

Education Zones

Aug 29, 2013 (LBO) – Sri Lanka will set up investment zones to draw international universities to the country in a bid to boost higher educational services available to the people, a top official said.Sri Lanka’s higher education ministry secretary Sunil Jayantha Nawaratne said ‘free zones’ for education will be set up in Gampaha, Puttalam, […]

How?

WELLINGTON, August 29, 2013 (AFP) – New Zealand demanded answers Thursday about how a false test reading triggered a botulism scare for diary giant Fonterra that forced global product recalls, describing the episode as a costly embarrassment. Officials sounded the alarm earlier this month after tests showed batches of whey power produced by Fonterra were […]

Resumed

Aug 28, 2013 (LBO) – Fonterra, a New Zealand based milk producer said it was resuming operations at its Sri Lanka unit after assessing that there was no threat to staff. “Last Friday we took the decision to temporarily suspend our Sri Lanka operations to protect our people, and to protect our farmer shareholders™ assets,” […]

Court Order

COLOMBO, August 23, 2013 (AFP) – A Sri Lankan court Friday lifted a ban on the sale of milk products of New Zealand dairy giant Fonterra which has been under pressure over a global botulism scare. A New Zealand government website says DCD is not toxic and poses no food safety risks but Sri Lanka’s […]

Suspended

Aug 23, 2013 (LBO) – Fonterra New Zealand said it had temporarily suspended Sri Lanka consumer operations to protect its workers and assets amid nationalist protests and a court order halting sales and distribution.“Fonterra Sri Lanka is currently subject to a court Enjoining Order which has shut down our ability to sell product, advertise it […]

Economic Pulse

Aug 21, 2013 (LBO) – Sri Lanka’s Cargills (Ceylon) Plc, which has interests in retailing, foods and restaurants said profits fell 49 percent to 121 million rupees in the June 2013 quarter amid narrower margins, but said the business environment was improving. Cargills also runs Sri Lanka’s KFC restaurant franchise. The company said prices have […]

Chance

Aug 15, 2013 (LBO) – Sri Lanka’s state-run National Lotteries Board (NLB) expects revenues to grow 16.2 percent to 14.7 billion rupees in 2013, a top official said.This year it has paid 3,761 million rupees as prize money and created paid prizes of over 10 million rupees to 14 winners. Chairman Chaminda Athuluwage said revenues […]

Growing Sector

Aug 15, 2013 (LBO) – Sri Lanka™s human resources management sector is growing faster than in countries like India and China where there is a relative slowdown, an international specialist said. “The aspiration and the sentiment in the HR sector here is quite positive and its growth path is escalating,” Pat Caputo from Aon Hewitt’s […]

Appointment

Aug 15, 2013 (LBO) – Sri Lanka’s EAP Holdings said award Prasanna Vithanage, an award winning film and theatre director has been appointed as an independent director to board of its media and entertainment division.EAP Media and Entertainment division runs terrestrial television stations Swarnavahini and ETV; Shree FM, E FM and Run FM radio channels […]

Training Progress

Aug 06, 2013 (LBO) – Lanka BPO Academy, a skills development firm, said it had completed a program for trainers at InfoMate, a provider of outsourced finance and accounting services at Sri Lanka’s John Keells Holdings group.Lanka BPO academy is a training organization which collaborates with local and international partners to provide skills and training […]

‘s Education

August 05, 2013 (LBO) – Sri Lanka’s public sector dominated education sector needs more private partnerships Asian Development Bank country director, Rita O’Sullivan said. Resource persons include IMF’s Sri Lanka resident representative Koshy Mathai, Lloyd Fernando, Indrajit Aponsu, W A Wijewardena, Saman Kelegama, Uditha Liyanage and Rohan Perera. “There is a need to invest in […]

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