Category: General Services

Feb 05, 2010 (LBO) – A water supply scheme in Galle district in Sri Lanka’s south will get an additional 2. 5 million Euros of financing from Germany to complete the project after costs escalated, a senior minister said. Germany had given a 15 million Euro grant on December 07, 2009 for the second phase […]

Feb 02, 2010 (LBO) – December quarter profits at Sri Lanka’s largest supermarket chain, Cargills (Ceylon) group, rose 49. 1 percent from a year ago despite flat sales growth, as finance costs fell interim results showed. The group made a net profit in the December quarter of 189. 8 million rupees despite total revenues staying […]

Feb 02, 2010 (LBO) – Sri Lanka’s Keells Food Products group made a loss of 54 million rupees in the December quarter largely owing to losses in its India business which however it is continuing to expand, interim results showed. Revenues of the company, part of the John Keells conglomerate, fell four percent to 513 […]

Jan 15, 2010 (LBO) – Sri Lanka’s human resource (HR) practitioners will battle for ‘HRM Awards 2010’ which acknowledges and rewards best practices in the profession, to be held in May, an official said. HRM Awards is organized by the Association of Human Resource Professionals (HRP), Sri Lanka and will be held for the fourth […]

Dec 18, 2009 (LBO) – Sri Lanka got a 24.9 million Euro loan from Rabobank of the Netherlands for the second phase of an upgrade to its existing disaster response network, a Finance Ministry statement said. Over 35,000 people were killed in Sri Lanka by the 2004 Indian Ocean tsunami when the island did not […]

Dec 16, 2009 (LBO) – Fitch Ratings Lanka said it has assigned an ‘A-(lka)’ National Long-term rating to the Sri Lanka unit of Singer’s proposed 600 million rupees senior unsecured debenture issue. At the same time, the rating agency has confirmed the ratings on Singer’s outstanding senior unsecured notes at ‘A-(lka)’ with a stable outlook. […]

Dec 10, 2009 (LBO) – Cargills (Ceylon) group, which runs Sri Lanka’s largest retail chain, said it plans to open 100 more supermarkets in all the island’s 25 districts in the next few years.The company said last month that net profits in the September 2009 quarter rose 35 percent to 139 million rupees from a […]

November 17, 2009 (LBO) – A hospital built by India’a Apollo chain that is now under Sri Lankan government control is to offer beds to military personal to become more socially equitable, a senior official said. The Apollo Hospital in Colombo was renamed Lanka Hospitals after it ended its licensing and support services agreement with […]

November 8, 2009 (AFP) – A 16-year-old Sri Lankan boy became the first victim in the country of influenza A(H1N1), or swine flu, doctors said Sunday.“The boy had a history of respiratory problems and he died four days after admission to Kandy hospital,” Samarasinghe said. The Medical Research Institute in Colombo confirmed the boy, whose […]

Nov 06, 2009 (LBO) – Cargills (Ceylon) group which runs Sri Lanka’s largest retail chain said profits rose 35 percent to 139 million rupees in the September 2009 quarter from a year earlier, and was planning a billion rupees in new investments in the current year. Last year, the firm had a 73 million rupee-one […]

JEDDAH, November 6, 2009 (AFP) – Larita Delacruz sits on the concrete base of a bridge pylon, rubs her swollen belly and explains her predicament: she is five months pregnant with twins, and wants to go home to give birth. But after four years of working as a maid in Saudi Arabia, she lacks both […]

Nov 04, 2009 (LBO) – A group of graduates were water cannoned at tear gassed by police when they tried to march up to office of Sri Lanka’s president Mahinda Rajapaksa Wednesday as part of a protest demanding state jobs.Sri Lanka’s graduates educated at tax payer expense free in state universities have spread a successful […]