Category: General Services

Feb 01, 2011 (LBO) – Sri Lankan fashion retailer Odel’s December 2010 quarter net profit rose 35 percent to 76 million rupees from a year ago with inventory levels and borrowings also up sharply, a statement said. Sales in the quarter, usually the best because of Christmas shopping and the peak tourism season, rose 26 […]

Feb 01, 2011 (LBO) – The London School of Commerce (LSC) Group of Colleges has opened a branch in Sri Lanka offering graduate and post-graduate courses, a statement said. The branch, called the British School of Commerce (BSC), will offer courses for both Sri Lankan and overseas students. The courses include business administration, information technology, […]

Jan 25, 2011 (LBO) – Sri Lanka’s Odel a high end retailer said it had joined a global department store association founded in Switzerland which whose members have combined sales of 60 billion US dollars. Intercontinental Group of Department Stores (IGDS) has 33 members in 31 countries, Selfridges, Saks 5th Avenue, Printemps, Parkson, Beco, FEDS, […]

December 27, 2010 (AFP) – Swine flu in Sri Lanka has killed 22 people and infected more than 300 over the past two months, the island’s health ministry said Monday. Official figures showed that 22 people infected with H1N1 — swine flu — had died since October 25 while 342 cases were reported during this […]

Dec 08, 2010 (LBO) – Britain intends to restrict entry of foreigners for study with tougher criteria for adult students and stricter accreditation procedures for private sector education providers, a statement said. They aim to ensure students return overseas after their course, limit entitlements to work and to sponsor dependants and simplify procedures for checking […]

Dec 02, 2010 (LBO) – The Asian Development Bank (ADB) will provide 90 million US dollars in loans to help Sri Lanka restore water supply and sanitation infrastructure in the war-ravaged north, a statement said. The project, due for completion by February 2017, will help restore and modernise key infrastructure damaged by war or which […]

AMMAN, November 22, 2010 (AFP) – A Sri Lankan maid who said she had swallowed nails did so to pin the blame on her employer in Jordan and be sent home, recruitment agency officials said in the Jordan Times newspaper on Monday. “We have asserted that the helper™s accusations were false and she had confessed […]

Nov 18, 2010 (LBO) – Members of the Institute of Chartered Accountants of Sri Lanka will be able to get the qualifications of its sister body in the UK following a deal signed this month, an official said. “Following the signing of a memorandum of understanding with Institute of England and Wales you will not […]

November 13, 2010 (AFP) – A Sri Lankan housemaid has accused her Kuwaiti employer of hammering 14 nails into her body, in the second such incident in the past few months, a local doctor said Saturday. Non-governmental organisations report frequent cases of employer abuse of maids who work abroad. The woman, identified only as Lechchami, […]

Nov 06, 2010 (LBO) – Cargills (Ceylon), which runs Sri Lanka’s biggest supermarket chain, has begun selling products of farmers in the former war zone in the northern Jaffna peninsula, officials said. The bank has given 105 million rupees in loans among over 3,000 micro-entrepreneurs, farmers and fishermen to restart their income generating activities in […]

Nov 02, 2010 (LBO) – Piramal Glass Ceylon made a net profit of 157 million rupees in the September 2010 quarter as domestic sales rebounded after the end of a war and exports grew sharply, the company said. Chief executive Sanjay Tiwari said all the sectors in the domestic market, namely food and beverage, pharmaceuticals, […]

Oct 20, 2010 (LBO) – Sri Lankan retailer Odel’s net profit rose 18 percent to 63. 6 million rupees in the September 2010 quarter from a year ago with sales strong but costs also rising sharply, a stock exchange filing said. Sales rose 50 percent to 836 million rupees in the quarter, its first as […]