Category: General Services

HONG KONG, September 15, 2010 (AFP) – Asian newspapers are defying the global print media meltdown while their counterparts in the West spill red ink and lay off staff in droves as readers flock to online news. Print advertising — the lifeblood of a newspaper’s revenue base — has plunged 47 percent in the hard-hit […]

Sept 13, 2010 (LBO) – Sri Lanka’s Asiri Hospitals group has acquired a firm with land in the central hill country capital of Kandy with approval to build a hospital, a stock exchange filing said. In April Asiri Hospital said it had bought a 40-bed hospital in the island’s southern Matara area for 160 million […]

Sept 10, 2010 (LBO) – Sri Lanka’s schools sports need private sector support, especially for an upcoming meet that will see children from former war-torn areas taking part in a big way, the education minister has said. The education ministry has also started a s scholarship program for talented students who are financially constrained. “There […]

Sept 09, 2010 (LBO) – Academics and officials in Sri Lanka’s northern Jaffna peninsular has debated ways to transform the agrarian and fisheries area to a knowledge-based economy with better education, a think has said. He had said that that though Jaffna (North in general) is endowed with limited natural resources (‘moola valam)’ it is […]

August 28, 2010 (AFP) – A Sri Lankan maid recovering from surgery to remove 19 nails from her body told doctors her Saudi employer heated the nails and hammered them into her body, an official said Saturday. Surgeons at Sri Lanka’s southern Kamburupitiya hospital removed 19 out of a total of 24 nails — some […]

Aug 27, 2010 (LBO) – Sri Lanka is laying the foundation to build a biomedical sector by offering courses in the subject based on British standards to train much needed human resources, educators said. “The development of the human capital base of the country is an important factor for that country to attain a sustainable […]

August 27, 2010 (AFP) – A Sri Lankan housemaid who had 24 nails embedded in her body — allegedly by her Saudi employer — was recovering in hospital Friday after doctors removed 18 of them during a three-hour surgery. L.T. Ariyawathi, 49, said her employer in Saudi Arabia had inflicted the injuries on her as […]

Aug 19, 2010 (LBO) – India’s Mahindra group said it is studying the possibility of introducing its electric vehicle, Mahindra Reva, to the Sri Lankan market and launching new models soon after their launch in India. Vice chairman Anand Mahindra told a news conference the company was targeting vehicle sales of 10,000 by the 2013 […]

Aug 16, 2010 (LBO) – Sri Lanka’s largest supermarket chain Cargills (Ceylon) group June quarter profits rose 92.3 percent to 312 million rupees from higher sales, better margins and lower finance costs, a stock exchange filing said. Group revenues rose 20.6 percent to 8.94 billion rupees from a year ago while sales cost rose at […]

Aug 06, 2010 (LBO) – Sri Lanka’s Nawaloka Hospitals group June 2010 quarter profits rose 1,350 percent to 902 million rupees on a one-off extraordinary gain from the sale of a stake in a hotel, a stock exchange filing said. At the end of June quarter, the hospital group’s gross assets rose six percent to […]

Aug 03, 2010 (LBO) – Sri Lankan retailer Odel group’s June profits rose 187 percent to 37 million rupees from a year ago owing to better margins despite higher tax and operating costs, its interim results showed. Odel group’s June quarter sales were up 62 percent to 692 million rupees, while cost of sales had […]

BEIRUT, June 25, 2010 (AFP) – A Lebanese woman was sentenced to one month in jail for mistreating her Sri Lankan housemaid, court papers showed on Friday, a rare happening in a country where rights groups regularly denounce the ill-treatment of foreign domestic helpers. Rights associations defending immigrant workers decry that these labourers are not […]