Category: General Services

May 17, 2012 (LBO) – Sri Lanka’s Lanka Hospital Corporation said it will set up a diagnostic laboratory network with India’s Fortis Healthcare in which it will invest 831 million rupees over the next two years. Lanka Hospitals, a unit of state-run Sri Lanka Insurance, will float a fully owned unit to operate the labs. […]

May 03, 2012 (LBO) – Cargills (Ceylon) PLC on Thursday said it continues to buy over 60,000 litres of fresh milk each day, despite dairy farmers protesting of poor prices or few buyers for their supplies. Farmers and milk collectors in the in the central region of Nuwara Eliya on Wednesday, threw some 12,000 litres […]

May 2, 2012 (LBO) – Sri Lanka’s Hemas Holdings PLC group on Wednesday broke ground for their third hospital, catering to tens of thousands of people living in the east of the capital of Colombo, an official said. Situated in Thalawatugoda, some 14 kilometers off Colombo, the 1.3 billion rupee 50-bed hospital is due to […]

April 26, 2012 (LBO) – Overseas Realty (Ceylon) PLC, owners of Sri Lanka’s iconic Twin Tower complex, has seen demand for its property grow, on the back of post-war economic sentiment, but warned a weak rupee was eroding earnings. The Singaporean company, saw post-tax profits grow 32.0 percent to 584 million rupees for the financial […]

Apr 26, 2012 (LBO) – HSBC bank and the British Council has launched an award scheme for young entrepreneurs in Sri Lanka targeting students in universities, private higher education institutions, vocational colleges and professional bodies. “Next generation entrepreneurs will drive Sri Lanka™s economy,” Tony Reilly country director British Council said. “It is no different in […]

April 25, 2012 (LBO) – Demand for office space in the Sri Lanka’s capital Colombo is tipped to more than double over five years, led by information technology related firms and the financial sector, a property services specialist has said. The newly opened Sri Lanka unit of Jones Lang LaSalle, an international property services company […]

Apr 15, 2012 (LBO) – Sri Lanka has seen a steep drop in the use mail in 2011, while telecom services continued to expand, increasing losses of a state-run postal service, official data showed. Central Bank data showed that letters per inhabitant dropped to 33. 3 percent to 12 in 2011 from 18 a year […]

Mar 23, 2012 (LBO) – Sri Lanka is to set up a school of business management with degree awarding status under the state-run National Institute of Business Management. “The National School of Business Management has been incorporated to conduct Degree Courses under the supervision of the National Institute of Business Management. ” The school will […]

Feb 17, 2012 (LBO) – Retail professionals from some of the world™s top department stores are due in Sri Lanka this month for a three-day conference that is expected to generate valuable exposure for the island’s retail sector. Among the association™s members are some of the top department stores in the world including Selfridges, Saks […]

Feb 09, 2012 (LBO) – Sri Lanka could attract Vietnam’s growing film industry to shoot on location, as the two countries shared many similarities, Hanoi’s envoy to the island Ton Sinh Thanh said. “Vietnam’s film industry is growing and Sri Lanka has many beautiful locations,” ambassador Thanh told reporters in Colombo. “At one time films […]

Feb 06, 2012 (LBO) – Sri Lanka’s Asiri Hospital Holdings said net profits in the December 2011 quarter rose 51 percent to 117 million rupees from a year earlier, as revenues grew 36 percent to 1. 67 billion rupees. The firm has earnings of 13 cents per share for the quarter. It is reporting earnings […]

Jan 23, 2012 (LBO) – Sri Lanka has completed the first phase of a four-year project to study microbial resistance to antibiotics, which is a serious problem worldwide and puts a strain on healthcare systems. The first report of the surveillance of microbial sensitivity to antibiotics, initiated by the Sri Lanka College of Microbiologists (SLCM) […]