Accolade

Apr 29, 2010 (LBO) – Shree FM, a radio station run by Sri Lanka’s the E A P Edirisinghe group, has won a top US broadcasting award for a community service program which helped people in remote areas, the broadcaster said. NAB is the highest award presented to non-US radio and television stations to recognize […]

Migrant Abuse

KUALA LUMPUR, April 29, 2010 (AFP) – Middle East and Asian nations, which draw millions of foreign domestic workers, have failed to take action to tackle widespread abuse of the vulnerable women, Human Rights Watch said. “The reforms undertaken by Middle Eastern and Asian governments fall far short of the minimum protections needed to tackle […]

Film Awards

Apr 20, 2010 (LBO) – Sri Lanka will host an annual Indian film awards in Colombo in June drawing Bollywood stars to the country and opening opportunities for films to be shot on location in the former war-torn island industry officials said. A business forum, fashion show, celebrity cricket match, world premiers of upcoming Indian […]

Post Loss

Apr 18, 2010 (LBO) – Sri Lanka’s state postal services lost 2. 4 billion rupees in 2009 up from 2.1 billion rupees in 2008 while the mail use has stagnated at 21 letters per inhabitant, official data showed. In 2007 the postal services lost 2. 8 billion rupees but prices were raised in the middle […]

Water Losses

Apr 16, 2010 (LBO) – A tariff hike improved the finances of Sri Lanka’s state water supplier in 2009 but losses from leaks remain too high while purification costs are growing as pollution increases, the Central Bank said. “Revision of water tariff with effect from February 2009 has had a significant positive impact on the […]

South Health

Apr 01, 2010 (LBO) – Sri Lanka’s Asiri Hospital had bought a 40-bed hospital in the island’s southern Matara area for 160 million rupees, the firm said in a stock exchange filing. Matara Medi House (Pvt) Ltd is build on a 241 block of land in the Matara town. The firm said the purchase was […]

Cold Chain

Mar 17, 2010 (LBO) – Sri Lanka’s Finlays Colombo group said it is considering expanding its cold storage business into a network with profitability improving and the unit getting more customers last year. Use of the Finlays cold store eliminates the need for customers to invest in their own expensive storage facilities. It also enables […]

Furniture Push

Mar 16, 2010 (LBO) – The Sri Lanka unit of Singer, a consumer durables firm, said it was re-branding a furniture range under its own name and pushing it out to rural areas where the firm has strong brand loyalty. “There is more potential in the growth in the consumer behaviour in rural areas. There […]

Water Supply

Mar 04, 2010 (LBO) – Two water supply purification plants supplying Sri Lanka’s capital Colombo will be upgraded with finance from Hungary, minister Gamini Lakshman Peiris said. A proposal to rehabilitate purification plants of the Labugama and Kalatuwawe reservoirs of Sri Lanka’s state-run National Water Supply and Drainage board has been approved by the cabinet […]

Design Economy

Feb 23, 2010 (LBO) – A wooden chair becomes a news paper holder when it is turned over once. When it is turned again, it becomes a small table. A small bench table can be lengthened into one five metres long, allowing more people to sit. A ten metre high mini library has a work […]

Shunned Jobs

SEOUL, February 23, 2010 (AFP) – Migrants who tackle jobs shunned by most South Koreans urged the government on Tuesday to ease regulations complicating their lives and improve education to discourage discrimination. “They come for the 3D — dirty, dangerous and difficult — jobs, which are necessary here,” Aung Tin Htun, a Myanmar manager of […]

Outsourced Analysis

Feb 05, 2010 (LBO) – An investment research outsourcing firm with offices in Sri Lanka said it has been ranked among top three global vendors for financial services analytics in an annual survey. The annual Black Book of Outsourcing survey for 2009 said Amba emerged as the most preferred vendor in the financial services analytics […]

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