Category: General Services

WASHINGTON, October 30, 2011 (AFP) – A case working its way through a federal court in California has exposed huge student visa scams by “sham” universities cashing in on Indians and other foreigners looking for a quick path to jobs in the United States. Enrollment at Tri-Valley University, an unaccredited self-styled Christian graduate school, surged […]

Oct 21, 2011 (LBO) – Sri Lankan fashion retailer Odel’s group net profit for the six months to September 30, 2011 rose 21 percent to 122 million rupees from a year ago driven by higher sales from existing stores and new ones. A note to the accounts said Otone (Pvt) Ltd, a fully owned subsidiary […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]