Category: General Services

Oct 28, 2013 (LBO) Sri Lanka opened its second expressway Sunday linking the capital with the country’s main international airport with some 250 million dollars borrowed from China.If the government paid the bill in brand-new 1,000 rupee notes, they would have to deliver 35 tonnes of cash.Despite the staggering cost, the expressway would be welcome […]

Oct 28, 2013 (LBO) – Sri Lanka’s Ceylon Beverage Holdings Ltd, a top brewery firm said it was investing 238 million rupees in its restaurant unit. The firm said it was pumping equity into Pubs ‘N Places Private Ltd, a fully owned subsidiary. The unit owns and franchises restaurants.

Oct 23, 2013 (LBO) – Sri Lanka’s Ceylinco Healthcare Services said it had commissioned a 500 million rupee facility which can provide precise radiation treatment, targeting cancer patients in the country and the region.TomoTherapy machines deliver treatment guided by computerized tomography (CT) where the size of the cancer can be seen and precisely targeted with […]

Oct 12, 2013 (LBO) – British shoemaker Clarks is expanding in Sri Lanka, and has seen unexpected success in women’s shoes, an official said.“We thought it will be dominated by men since the women shoes are little bit expensive,” he said. “But the response shows that we were wrong. Because women look differentiate in products […]

Oct 07, 2013 (LBO) – Indunil Liyanage, chief marketing officer of state-run Bank of Ceylon has been named among the ’50 most talented CMOs’ at Golden Globe Tiger Awards 2013 in Malaysia.The awards were held at the World Marketing Summit in Kuala Lumpur on September 30, an event associated with Philip Kotler, distinguished Professor of […]

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 […]

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, […]

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 […]

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,” […]

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 […]

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 […]

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 […]