Category: General Services
Research Buy
Oct 08, 2011 (LBO) – UK-based WPP Plc said it had bought full control of Lanka Market Research Bureau, a market research agency in which it only had 49 percent stake earlier. WPP bought the stock through its wholly owned research arm Kantar, the firm said in a London Stock Exchange filing. WPP is a […]
Celluloid Shoot
September 30, 2011 (AFP) – Once a location of choice for directors shooting World War II classics and big 1980s adventure films, Sri Lanka is hoping to make a comeback on the movie trail as it emerges from civil war. Since the island’s bloody conflict ended in May 2009, the government has been trying to […]
Film View
Sept 17, 2011 (LBO) – A shopping and entertainment complex that Sri Lanka’s Cargills plans to build in the former northern war zone of Jaffna will have three cinemas with seating for a total of 1,200 people. Cargills, which also has interests in food processing, is expanding aggressively, buying a brewer and having just got […]
Fun Investment
Sept 15, 2011 (LBO) – Sri Lanka’s Cargills (Ceylon) Plc, which owns the island’s largest retail chain and is part of a group with cinema businesses, plans to build a shopping and entertainment complex in the former northern war zone. “The company is set to invest 500 million rupees in the development of a new […]
Language Skills
Sept 14, 2011 (LBO) – Sri Lanka is to get Indian aid to improve training in English language skills in the island, seen as a critical need especially in the corporate sector, under an agreement signed between the two governments. Inadequate English language skills has been cited as a reason for hiring difficulties by the […]
Frozen ATPL
Sept 10, 2011 (LBO) – Sri Lanka’s Gateway Graduate School, is in talks with a UK based university to offer an air travel degree with pilot training targeting international students, an official said. The school is plans to offer a B. A Honors degree with a commerical pilots license. “Airlines are starting to ask for […]
Broadcast Business
Sep 08, 2011 (LBO) – Sri Lanka’s East West Properties has spent 49.3 million rupees to buy control of People’s Media Network which operates radio and television broadcasting stations. A stock exchange filing said East West Properties, controlled by businessman Nahil Wijesuriya, bought 4.9 million ordinary shares or a 51 percent stake in People’s Media […]
Brand Builder
Sept 01, 2011 (LBO) – Sri Lanka’s Cargills group, which has interests in foods and retailing said it will launch a new biscuit brand after buying a confectionery firm that earlier had a regional market. The firm also has an ice cream brand, Cargills Magic, which it says is now the top dairy ice cream […]
Radiation Warning
Aug 30, 2011 (LBO) – Sri Lanka’s power ministry has warned the public against using unlicensed x-ray machines saying they could expose patients to excessive radiation that could affect their health. Patients using unlicensed machines may not be able to get correct x-ray images and may expose themselves to unnecessary doses of radiation when repeating […]
Property Trend
Aug 24, 2011 (LBO) – Overseas Realty (Ceylon) Ltd, a unit of Singapore’s Shing Kwan group, is on the lookout for fresh projects as a multi tower residential development in Sri Lanka’s capital enters new phase, an official said. The group is now focusing on ‘Havelock City’ an 8-tower project in which two towers of […]
Fulltime Path
Aug 17, 2011 (LBO) – Residents in Sri Lanka could enroll as fulltime students of University of Ballarat in Australia through a study centre in Colombo under an education service deliver structure implemented for the first time in the island, officials said. The Sri Lanka centre is run by the Australian Technical and Management College […]
International Campus
Aug 17, 2011 (LBO) – Sri Lanka is on track to get about ten foreign universities under an initiative to expand tertiary education with Bangkok based Asian Institute Technology among them, an official said. The AIT is expected to set up a campus in Hambantota in Southern Sri Lanka, higher education ministry secretary Sunil Jayantha […]
