Category: General Services

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]